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Exclusive: Binance moved $346 mln for seized crypto exchange Bitzlato, data show, article with gallery
LONDON, Jan 24 (Reuters) – Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by U.S. authorities last week for allegedly running a “money laundering engine,” blockchain data seen by Reuters show. The Justice Department on Jan. 18 said it charged Bitzlato’s co-founder and majority… Continue reading Exclusive: Binance moved $346 mln for seized crypto exchange Bitzlato, data show, article with gallery
Cryptoverse: Bitcoin investors take control, article with image
Jan 24 (Reuters) – Paranoid? The domino downfall of FTX and other crypto custodians is enough to make the most trusting investor grab their bitcoin and shove it under the mattress. Indeed, holders big and small are taking “self-custody” of their funds, moving them from crypto exchanges and trading platforms to personal digital wallets. In… Continue reading Cryptoverse: Bitcoin investors take control, article with image
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SAN FRANCISCO, Jan 23 (Reuters) – Elon Musk testified on Monday that he was sure he had backing from Saudi financiers in 2018 to take Tesla Inc (TSLA.O) private, as he defended against claims he defrauded investors by later tweeting about his electric car company. At a trial in San Francisco federal court, Musk told… Continue reading Untitled
Legalcategory
– Ohio-based midsize law firms Bricker & Eckler and Graydon Head & Ritchey will merge in April to become Bricker Graydon, the latest in a string of large and midsize firm combinations announced since the start of the year. – London-based Pallas Partners, that was launched last year by a group of former Boies Schiller… Continue reading Legalcategory
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Summary Companies Up to 2,800 development job cuts and 700 in admin, says union Germany to be most affected, union says Some product development work to go to U.S., says union BERLIN, Jan 23 (Reuters) – Ford Motor Co (F.N) plans to cut up to 3,200 jobs across Europe and move some product development work… Continue reading Video
Employee Benefits & Executive Compensationcategory
Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
Microsoft to invest more in OpenAI as tech race heats up, article with image
Jan 23 (Reuters) – Microsoft Corp (MSFT.O) on Monday announced a further multibillion dollar investment in OpenAI, deepening ties with the startup behind the chatbot sensation ChatGPT and setting the stage for more competition with rival Alphabet Inc’s (GOOGL.O) Google. Recently touting a revolution in artificial intelligence (AI), Microsoft is building on a bet it… Continue reading Microsoft to invest more in OpenAI as tech race heats up, article with image
Microsoft, Amazon results to highlight softening cloud business, article with gallery
Jan 23 (Reuters) – Slower cloud spending by inflation-hit businesses is expected to stall the sales momentum at Amazon.com Inc (AMZN.O) and Microsoft Corp (MSFT.O) and add to the troubles of the sector that laid off thousands this month. After years of blistering growth, most recently fuelled by remote working and studying during the pandemic,… Continue reading Microsoft, Amazon results to highlight softening cloud business, article with gallery
Technologycategory
Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source