Investors Pull $1.6 Billion From Binance After CFTC Lawsuit
Investors withdrew $1.6 billion of cryptocurrency from crypto exchange Binance since it was sued by the U.S. CFTC on Monday, blockchain data tracker Nansen said on Wednesday. The U.S. Commodity
Samsung Chairman Jay Y. Lee Cleared of Fraud and Stock Manipulation Charges
A Seoul appeals court has acquitted Samsung Electronics Chairman Jay Y. Lee of accounting fraud and stock manipulation charges related to a 2015 merger, marking a significant legal victory for
Princess Diana’s Unique Ford Escort Fetches $850,000 at Auction 25 Years After Her Death
Ford Escort RS Turbo Series 1 that was driven by the late Princess Diana fetched £724,500 ($851,070) at an auction held at Britain's Silverstone racing circuit on Saturday, as reported
More Than 8,000 Job Cuts Planned by Another Top German Manufacturer
German industrial powerhouse Bosch has revealed plans to slash approximately 8,250 jobs globally over the coming years, marking yet another setback for Germany’s struggling economy. The job cuts will primarily
Samsung Beats Apple as the Most Repairable Phone Brand in 2022
Samsung has come out on top as the most repair-friendly smartphone brand in 2022, beating Apple by a large margin, according to a study by the Electronics Hub. The study
UK and EU Airports Reimpose 100ml Liquid Rule Due to Technical Issues with Security Scanners
Air travellers across the UK and the European Union, who were looking forward to more relaxed liquid restrictions, will need to keep their mini toiletries and small containers for a
Amazon to End Popular Prime Perk for Non-Household Users
Amazon is ending one of its long-standing perks that allowed users outside the same household to share Prime benefits for free, a move that could impact hundreds of thousands of
Starbucks Sued for Alleged Deceptive Marketing of its ‘100% Ethically’ Sourced Coffee
Global coffee giant Starbucks is facing legal action from the National Consumers League over allegations of deceptive marketing regarding its claims of "100% ethical sourcing" of coffee and tea. The
Nike Faces Social Media Setback: 1 Million Instagram Followers Lost in Three Months
Global sportswear leader Nike is grappling with a significant social media challenge, shedding over 1 million Instagram followers in the last three months. This decline, part of a larger eight-month
iPhone Pro Max Secures Title of World’s Most Popular Smartphone in 2023
In a remarkable turn of events, Apple's iPhone Pro Max models have clinched the prestigious title of the world's most popular smartphone in 2023, marking a significant milestone for the
Farmer Owes $82,000 in Contract Dispute Over Use of a ‘Thumbs-Up’ Emoji, Judge Says
A Canadian farmer owes $82,000 for breach of contract after using a “thumbs-up” emoji in a text. According to court documents from the King’s Bench for Saskatchewan in March 2021,
Former TikTok Executive Files Lawsuit Alleging Gender and Age Discrimination
Former TikTok senior executive Katie Puris has filed a lawsuit against the company, alleging discrimination based on her age and gender during her tenure. Puris, who worked in marketing at
Crypto Navigates a Year of Scandals to Emerge Stronger with Record-Breaking Bitcoin Performance
In its 14th year, the cryptocurrency industry faced a series of challenges, including scandals, fraud, bankruptcy, and regulatory disputes. Despite these hurdles, 2023 is being hailed as one of the
Jack Ma’s Return Signals Shift in China’s Business Climate
After years of regulatory scrutiny and economic uncertainty, China appears to be making a renewed push to support private enterprises. In a move seen as a turning point, Chinese leader
WhatsApp Introduces Instant Video Messages with End-to-End Encryption
This week, WhatsApp, the messaging app owned by Meta, made a significant announcement, revealing a new feature that allows users to record and send video clips directly within the app.
Canal+ Completes $3 Billion Acquisition of MultiChoice, Secures Control of DStv and GOtv
French media heavyweight Canal+ has sealed a landmark $3 billion (approximately R55 billion) deal to acquire full ownership of MultiChoice Group, gaining complete control of major African pay-TV platforms DStv
Tesla Sales Again Fall Short of Production
Tesla reported a modest 4% rise in sales in the first quarter compared to the final three months of last year, despite a series of price cuts on its lower
Italian Company Offers to Rebuild Baltimore Bridge After Tragic Collapse
WeBuild Group, the Italian company renowned for its role in reconstructing the Genoa bridge after its catastrophic collapse in 2018, has extended a helping hand to Baltimore. The company announced
TikTok Adds Options to Encourage Users to Take a Break From Endless Scrolling
TikTok has revealed that in the coming weeks, it will introduce a new option for users to set custom time limits for how much uninterrupted time they want to spend
Inside the Quiet Boom Fueling Luxury Aviation in Asia
Under the blazing Singapore sun, far from the roar of passenger jets and the imposing silhouettes of military aircraft, a different kind of crowd gathers. They wait patiently, some fanning
