Sam Bankman-Fried Disgraced to be sentenced
By Natalie Sherman Business reporter, New York Sam Bankman-Fried, the former billionaire crypto boss who was convicted of fraud and money laundering last…
Category: FINANCE
Xiaomi The Chinese smartphone giant taking on Tesla
Chinese smartphone maker Xiaomi is set to launch its first electric vehicle (EV) and begin taking orders on Thursday. Its chief executive Lei…
Superconductor claims spark investor frenzy, but scientists are skeptical
Last week, two papers by South Korean scientists made an extraordinary claim that sparked a social media frenzy and pushed up prices of…
Turkey’s economic team holds first investor meeting since policy U-turn
Turkey’s new-look economic team met for the first time with international investors on Friday, with questions over how far it will hike interest…
Morocco to review its fisheries partnership with EU
Morocco is reviewing its current fisheries partnership with the EU in a way that takes into account its own fishing strategy and biological…
Elon Musk launches AI firm xAI as he looks to take on OpenAI
Elon Musk, the billionaire entrepreneur, launched his long-teased artificial intelligence startup xAI on Wednesday, unveiling a team comprised of engineers from the same…
Maison Sara Chraibi shows geometric patterns in haute couture lineup in Paris
Moroccan Maison Sara Chraibi presented a sculptural line-up of garments with elaborate, geometric patterns on Thursday, the final day of Paris haute couture…
Twitter threatens Threads lawsuit against Meta
Twitter has threatened to sue Meta Platforms (META.O) over its new Threads platform in a letter sent to the Facebook parent’s CEO Mark Zuckerberg by Twitter’s lawyer…
China’s Alibaba unveils AI image generator to take on Midjourney, DALL-E
HONG KONG – Alibaba Group Holdings Ltd (9988.HK) announced on Friday an artificial intelligence (AI) image generator, initially available to enterprise customers in beta form,…
Thomson Reuters to acquire legal AI firm Casetext for $650 mln
Thomson Reuters (TRI.TO) said on Monday it had agreed to acquire Casetext, a legal startup with an artificial intelligence-powered assistant for law professionals, in a…