This photograph taken on April 11, 2024, in Paris, shows the logo of the Chinese social network application TikTok Lite displayed in Apple’s App Store. The social network TikTok, owned by the Chinese company ByteDance, has launched a new application in France and Spain, called TikTok Lite, which allows its users to get paid by … Read more
Since the pandemic, the second-largest economy in the world, China, has been facing a prolonged market slump and a real estate crisis which have thwarted its attempts at a robust economic rebound. However, while China navigates dynamic geopolitical landscapes, many of its citizens in debt face various limitations in their day-to-day activities. According to The … Read more
The U.S. government is considering laws to help society adapt to the introduction of artificial intelligence. Early users of the technology are already seeing labor productivity gains. For example, Klarna, a buy now, pay later financial services provider, estimates that its AI assistant tool will increase its profit outcome by $40 million by the end … Read more
“If I return to Iran then I would be arrested at the airport,” says Ebrahimi during an interview in Hong Kong at the Mira Hotel in Tsim Sha Tsui. Zahra Amir Ebrahimi in Shayda (2023), in which she plays the titular role. Ebrahimi was in Hong Kong this month as part of the 48th Hong … Read more
A smartphone with displayed Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. Dado Ruvic | Reuters The Securities and Exchange Commission scored a major win in its lawsuit against Coinbase on Wednesday, as a judge ruled that its claim that the cryptocurrency exchange engaged in … Read more
FTX founder Sam Bankman-Fried was sentenced to 25 years in prison on Thursday for the massive fraud and conspiracy that doomed his cryptocurrency exchange and a related hedge fund, Alameda Research. The sentence in Manhattan federal court was significantly less than the 40 to 50 years in prison that federal prosecutors wanted for Bankman-Fried, but … Read more
Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at Manhattan Federal Court on August 11, 2023 in New York City. Michael M. Santiago | Getty Images Heather Ferguson’s son lost approximately $130,000 in cash when crypto exchange FTX went bankrupt in November 2022. At the time, Ferguson traveled to where her child was … Read more
WikiLeaks’ founder Julian Assange leaves Westminster Magistrates Court in London, Britain. Henry Nicholls | Reuters WikiLeaks founder Julian Assange on Tuesday was granted permission by a U.K. court to appeal his extradition to the U.S., where he is wanted on spying charges. Assange will therefore not be extradited immediately, the court said. The ruling from … Read more
Foremost Group CEO Angela Chao was intoxicated last month when she accidentally drove her Tesla X SUV in reverse over a wall into a pond on the Texas ranch she owned with her husband, billionaire venture capitalist Jim Breyer, according to a police report released Wednesday. Chao drowned after friends and rescue workers tried without … Read more
X (formerly Twitter) CEO Elon Musk attends a symposium on “Antisemitism Online” during the European Jewish Association conference in Krakow, on January 22, 2024. (Photo by BARTOSZ SIEDLIK / AFP) (Photo by BARTOSZ SIEDLIK/AFP via Getty Images) Bartosz Siedlik | AFP | Getty Images Lawyers asked a Delaware judge to award them Tesla stock worth nearly $6 billion … Read more
