FTX founder Sam Bankman-Fried to be released on $250mn bond
The 30-year-old former head of the failed cryptocurrency exchange is accused by prosecutors of allegedly carrying out “one of the biggest financial frauds…
Category: TECHNOLOGY
TECHNOLOGY
FTX boss Sam Bankman-Fried arrives in US to face charges
Sam Bankman-Fried, former boss of failed cryptocurrency exchange FTX, has arrived by plane in New York from the Bahamas to face fraud charges.…
China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft
A man rides an electric bike past the Tencent headquarters in Nanshan district of Shenzhen, Guangdong province, China September 2, 2022. REUTERS/David Kirton…
Gulf states demand Netflix pull content deemed offensive
Signage at the Netflix booth is seen on the convention floor at Comic-Con International in San Diego, California, U.S., July 21, 2022. REUTERS/Bing…
Saudi GDP up 12.2% in second quarter, exceeding initial estimate
A view shows vehicles driving on a street in Riyadh, Saudi Arabia February 16, 2021. Saudi Arabia’s real gross domestic product expanded by…
Dubai plans to cut carbon emissions 30% by 2030 – Govt media office
Dubai plans to cut carbon emissions by 30% by the end of 2030, the emirate’s government media office said on Sunday on its…
Engineering honours magnet pioneer
IMAGE SOURCE, SCIENCE PHOTO LIBRARYImage caption, Neodymium-iron-boron is the strongest permanent magnet material in wide-scale use today Name a technology that is all around…
Sony to buy Destiny developer Bungie for $3.6bn
Japanese technology giant Sony says it will buy video game developer Bungie in a deal worth $3.6bn (£2.7bn). Sony says Bungie, best known…
Toshiba says has restarted some chip production at quake-hit plant
Toshiba Corp on Wednesday said it had partially restarted production at a semiconductor plant in Oita, southern Japan, that was halted after a strong…
Crypto giant Binance kept weak money-laundering checks even as it promised tougher compliance, documents show
In public, Binance said it welcomed government oversight. At the same time, the firm was withholding information from regulators, maintaining weak checks on…