Industry

Defunct Crypto Exchange FTX Is Paying Back Customers in Full: Here's What You Need to Know

Defunct Crypto Exchange FTX Is Paying Back Customers in Full: Here's What You Need to Know

FTX, the cryptocurrency exchange that has collapsed, intends to repay investors for the losses they incurred during its downfall.


Apple Extends Modem Chip Deal With Qualcomm Until March 2027

Apple has opted to extend its licensing agreement with Qualcomm for modem chips. Apple has opted to extend its licensing agreement with Qualcomm for modem chips, Qualcomm disclosed during its first earnings call this year.

Byron Allen's Allen Media Group Submits $30 Billion Bid to Buy Paramount Global

Byron Allen, through his company Allen Media Group, has made a $30 billion bid to acquire Paramount Global.

China Reports Woman's Death From 2 Combined Strains of Bird Flu; Another Bird Flu Strain Found Killing Antarctic Penguins

China has reported the death of a 63-year-old woman from Anhui province due to combined H3N2 and H10N5 strains of bird flu.


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A recent study predicts that around 62,000 entertainment jobs in California are likely to be disrupted by AI.
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GOP reps are urging the Biden administration to investigate Ford's deals with Chinese companies.
Elon Musk Says First Neuralink Human Patient Received Brain Implant, Wants Stephen Hawking-Alike to 'Communicate Faster Than an Auctioneer'
Elon Musk has revealed that his startup Neuralink has successfully carried out its first brain implant in a human patient.
UK Moves to Ban Disposable Vapes to Stop Use Among Children
UK Prime Minister Rishi Sunak is set to unveil plans on Monday to ban the sale of disposable vapes to prevent their use by children.
Oil Climbs 1% After Houthi Rebels Attack on British Oil Tanker; Trafigura Assesses Red Sea Risks
Trafigura is evaluating the security risks of future Red Sea voyages following an attack on the company's Marlin Luanda oil tanker by Yemen-based Houthi rebels.
Bayer Ordered to Pay $2.25 Billion to Pennsylvania Man Who Blamed His Cancer on Roundup Weedkiller
Bayer was ordered to pay $2.25 billion to a Pennsylvania man, who blamed his cancer on his exposure to the company's Roundup weedkiller.
Elon Musk's Brain Implant Startup Neuralink Found Violating US Hazardous Material Transport Rules: Report
Elon Musk's brain implant firm Neuralink was fined for violating US Department of Transportation (DOT) regulations on transporting hazardous materials.
British Oil Tanker Hit by Houthi Missile After Firing at US Warship as China Urges Rebels to Stop Red Sea Attacks
A British oil tanker was reported to be engulfed in flames in the Gulf of Aden after Houthi rebels hit it with a missile on Friday after transiting the Red Sea.
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Treasury Secretary Janet Yellen supported President Joe Biden's economic program, comparing it with that of former President Donald Trump.
Bernard Arnault Moves to Tighten the Family's Hold on LVMH by Nominating 2 More Sons to Company's Board
LVMH head Bernard Arnault has proposed the appointment of his two sons to the company's board. Bernard Arnault, the head of the LVMH luxury goods conglomerate, disclosed on Wednesday that he has proposed the appointment of two more of his children to the company's board, a move to solidify his family's grip on Europe's most valuable firm.