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NEW YORK, Nov 2 (Reuters) – FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31-year-old former billionaire’s fall from grace. A 12-member jury in Manhattan federal court convicted Bankman-Fried on all … Read more
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[1/2]A pedestrian walks past the PayPal logo at an office building in Berlin, Germany, March 5, 2019. REUTERS/Fabrizio Bensch/File Photo Acquire Licensing Rights Nov 2 (Reuters) – PayPal Holdings (PYPL.O) added nearly $4 billion to its market value after a pledge to turn “leaner” fired up investors, even as the payments giant disclosed a subpoena … Read more
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Smartphone with displayed Binance logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Oct 17 (Reuters) – The U.S. unit of cryptocurrency exchange Binance has halted withdrawal of dollars by its clients from the platform, its updated terms showed on Monday. … Read more
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Biggest-ever gaming deal closes after UK approval UK regulator CMA had blocked the acquisition in April Microsoft agreed to sell streaming rights to win approval CMA says ‘sticking to its guns’ pays off for gamers LONDON, Oct 13 (Reuters) – Xbox maker Microsoft (MSFT.O) closed its $69 billion deal for Activision Blizzard (ATVI.O) on Friday, … Read more
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The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights NEW YORK, Oct 12 (Reuters) – Digital World Acquisition Corp (DWAC.O), the SPAC that plans to merge with former U.S. … Read more
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France orders Apple to stop selling iPhone 12s Watchdog says tests showed radiation levels breach EU rules Apple says phone complies with all global radiation standards PARIS, Sept 13 (Reuters) – Apple (AAPL.O) defended its iPhone 12 model on Wednesday after a French watchdog ordered a halt to its sales citing breaches of European Union … Read more
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WASHINGTON, Sept 13 (Reuters) – American technology leaders including Tesla (TSLA.O) CEO Elon Musk, Meta Platforms (META.O) CEO Mark Zuckerberg and Alphabet (GOOGL.O) CEO Sundar Pichai met with lawmakers at Capitol Hill on Wednesday for a closed-door forum that focused on regulating artificial intelligence. Lawmakers are grappling with how to mitigate the dangers of the … Read more
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UK’s CMA says original $69 bln Microsoft purchase blocked Activision to divest streaming rights to Ubisoft Deal designed to enable Microsoft takeover to proceed LONDON, Aug 22 (Reuters) – “Call of Duty” maker Activision Blizzard (ATVI.O) will sell its streaming rights to Ubisoft Entertainment (UBIP.PA) in a fresh attempt to win approval from Britain’s anti-trust … Read more