NEW YORK, Nov 21 (Reuters) – Binance chief Changpeng Zhao stepped down and pleaded guilty to breaking U.S. anti-money laundering laws as part of a $4.3 billion settlement resolving a years-long probe into the world’s largest crypto exchange, prosecutors said on Tuesday. The deal, which will see Zhao personally pay $50 million, was described by… Continue reading article with video
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[1/5]Do Kwon, the cryptocurrency entrepreneur, who created the failed Terra (UST) stablecoin, is taken to court in Podgorica, Montenegro, March 24, 2023. REUTERS/Stevo Vasiljevic/File Photo Acquire Licensing Rights Nov 21 (Reuters) – Binance chief Changpeng Zhao will step down and plead guilty to breaking criminal U.S. anti-money laundering laws as part of a settlement resolving… Continue reading article with gallery
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[1/2]Zhao Changpeng, founder and chief executive officer of Binance speaks during an event in Athens, Greece, November 25, 2022. REUTERS/Costas Baltas/File Photo Acquire Licensing Rights NEW YORK, Nov 21 (Reuters) – Binance Holdings chief Changpeng Zhao will admit violating U.S. laws as part of a deal to resolve a U.S. probe into illicit finance breaches,… Continue reading article with gallery
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LONDON, Nov 21 (Reuters) – Using fake names, sham LinkedIn profiles, counterfeit work papers and mock interview scripts, North Korean IT workers seeking employment in Western tech companies are deploying sophisticated subterfuge to get hired. Landing a job outside North Korea to secretly earn hard currency for the isolated country demands highly-developed strategies to convince… Continue reading article with gallery
Tesla launched its own car insurance. These drivers say it’s a lemon.
Elon Musk promised cheaper, better, even “revolutionary” auto insurance after Tesla started losing sales because of high premiums. But understaffing left some customers waiting weeks or months for compensation as they continued making payments on crashed cars. Go to Source
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Stellantis, CATL plan factory in Europe to make cheaper EV batteries
[1/2]The Stellantis logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David ‘Dee’ Delgado Acquire Licensing Rights MILAN, Nov 21 (Reuters) – Stellantis (STLAM.MI) said on Tuesday it plans to build an electric vehicle battery plant with China’s CATL (300750.SZ) in Europe, its fourth one… Continue reading Stellantis, CATL plan factory in Europe to make cheaper EV batteries
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Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing Rights LONDON, Nov 21 (Reuters) – As the European Union edges closer to passing a wide-ranging set of laws governing artificial intelligence, lawmakers and experts say the surprise ousting… Continue reading Untitled
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[1/2]Anthropic logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing Rights Nov 20 (Reuters) – OpenAI’s board of directors approached rival Anthropic’s CEO about replacing chief Sam Altman and potentially merging the two AI startups, according to two people briefed on the matter. Anthropic CEO Dario Amodei declined on both… Continue reading article with gallery