Apple Inc. has scaled back its autonomous electric-car plans and delayed its target date until 2026, according to a new report. Bloomberg News on Tuesday reported Apple’s Project Titan has been in a s...
Tag: report
Apple Scraps Plans For Car Without Steering Wheel Or Pedals, Report Says
Topline A secretive plan for an autonomous vehicle created by Apple— which the tech giant has never publicly acknowledged—is changing course, according to Bloomberg, which reported the company has scr...
US lawmakers request answers from Silvergate over ties to FTX: Report
Three members of the United States Senate have penned a letter to Silvergate Bank demanding answers about the bank’s role in the loss of billions of customer dollars in the collapse of FTX. According ...
The Block: Bitcoin Mining stock report: Tuesday, December 6
Most bitcoin mining stocks tracked by The Block traded lower on Tuesday, some showing double-digit declines. Bitcoin was trading at around $17,000 by market close, according to data from Trading...
Here’s Alameda’s Investment Portfolio: WSJ Report
The Financial Times (FT) published a document on Tuesday exposing where Alameda’s venture investments went days before the FTX Group filed for bankruptcy. Its hundreds of investments included high-pr...
This Report Suggests Cryptocurrencies Bearing A Final Flush-Out
The crypto market is currently undergoing a series of unfortunate events. From the crash of stablecoin Terra to the fall of Celsius, it has been a gloomy year for crypto investors. More recently, the ...
Non-Fungible Tokens (NFT) Global Market Analysis Report 2022: NFTs Experienced a Rapid Rise in 2021 but Growth Hasn’t Been Steady and has plateaued so Far in 2022 – Forecast to 2027 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Non-Fungible Tokens (NFT): Global Market” report has been added to ResearchAndMarkets.com’s offering. In this report, the market has been segmented based on market type, as...
PepsiCo plans to cut hundreds of jobs, report says
Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo is eliminating hundreds of corporate jobs in North America, according to the...
Report Suggests FTX’s Tokenized Stocks Might Not Have Been Backed 1:1, Synthetics May Have Been Used to ‘Manipulate’ Real Stock Prices – Bitcoin News
On Dec. 4, 2022, a report details that FTX-based synthetic stocks may have been used to manipulate the value of AMC shares. In May 2021, FTX offered 36 tokenized stocks but speculators believe it’s qu...
Crypto Exchange Bybit To Let Go of 30% of Workforce As Bear Market Drags On: Report
Dubai-based crypto exchange Bybit is kicking off a round of layoffs equalling more than a quarter of their total workforce amid the current market woes. Bybit co-founder and CEO Ben Zhao announced the...
UK crypto bill to restrict services from abroad: Report
Despite the Conservative Party’s rhetorical embracement of crypto under the new Prime Minister Rishi Sunak, the upcoming regulatory framework will reportedly tighten scrutiny over the industry. ...
Musk’s Neuralink Link Under Federal Investigation Over Alleged Animal Welfare Abuses, Report Says
Topline Elon Musk’s Neuralink—which promises to enable a direct interface between the human brain and computers—is being investigated by the federal government for alleged violation of the Animal Welf...
Standard Chartered Analyst Explains Why BTC Will Suffer Even More in 2023 (Report)
Eric Robertsen – Global Head of Research at Standard Chartered – thinks bitcoin could tumble to $5,000 next year as more cryptocurrency firms might experience liquidity issues. He believes 2023 could ...
Billionaire Rupert Murdoch Will Be Deposed In Dominion’s Defamation Suit Against Fox, Report Says
Topline Billionaire media mogul Rupert Murdoch will be deposed next week in response to a $1.6 billion defamation lawsuit Dominion Voting Systems filed against Fox News over its coverage of the 2020 p...
Troubled Crypto Firm Genesis Owes Gemini’s Customers $900 Million (Report)
The cryptocurrency brokerage platform – Genesis – and its parent company Digital Currency Group (DCG), reportedly owe customers of Gemini approximately $900 million. Genesis has been coping with seve...
The Block: Mining stock report: Monday, December 5
Most bitcoin mining stocks tracked by The Block traded lower on Monday, with a couple of of firms seeing double-digit declines. Bitcoin was trading at around $16,900 by market close, according t...
USDC Issuer Circle Calls Off $9,000,000,000 Deal To Go Public: Report
The firm behind the second largest stablecoin by market cap is backing out of a multi-billion dollar deal to go public. According to an official announcement, Circle and Concord Acquisition Corp are m...
Sam Bankman-Fried’s Trading Arm Invested $1,150,000,000 Into Bitcoin Mining Company: Report
Alameda Research, the trading firm founded by the disgraced former crypto billionaire Sam Bankman-Fried, reportedly invested well over a billion dollars into a Bitcoin (BTC) mining firm. According to ...
Digital Asset Lender Genesis Owes $900,000,000 to Customers of Crypto Exchange Gemini: Report
Crypto lender Genesis reportedly owes nearly $1 billion to the customers of crypto exchange Gemini due to the collapse of FTX. According to a new report by the Financial Times, anonymous sources famil...
A World Cup 2022 Report Card For The USMNT
DOHA, QATAR – DECEMBER 03: Team photo of USA prior to the FIFA World Cup Qatar 2022 Round of 16 … [+] match between Netherlands and USA at Khalifa International Stadium on December 03, 202...
2 takeaways from the last NFP report of 2022
The last NFP report released in 2022 triggered intense volatility in financial markets. Good economic news is bad news for stocks and excellent news for the US dollar – this was the environment financ...
KuCoin engages auditor Mazars to provide factual findings report
Crypto exchange KuCoin is engaging auditor Mazars to verify its proof of reserves in a third-party factual findings report. The firm will report on whether KuCoin’s in-scope assets are col...
Credit Suisse Rises on Report of Saudi Crown Prince Interest
(Bloomberg) — Credit Suisse Group AG shares rose as much as 7.5% on reports that Saudi Arabian Crown Prince Mohammed bin Salman is preparing to invest around $500 million in the bank’s planned i...
Tesla plans to cut car production in Shanghai as demand wanes: report
Facing weaker demand in China, Tesla Inc. TSLA, +0.08% plans to reduce production at its Shanghai plant by possibly 20% in December, Bloomberg reported on Monday, citing sources. The cuts could kick i...
South Korean Judge Throws Out Arrest Warrant for Terra Founder Do Kwon’s Associates: Report
A South Korean judge has reportedly thrown out a recent arrest warrant issued for Terra (LUNA) founder Do Kwon’s associates. According to a new report by local publication Yonhap News, Hong Jin-Pyo, t...
Genesis Owes Gemini Earn Users $900M: Report
Embattled crypto broker Genesis and its parent company Digital Currency Group (DCG) owe users of Gemini Earn $900 million, the Financial Times reported on Saturday, citing anonymous sources. Gemini ha...
Russia Miners Buy More BTC Mining Rigs in Quarter 4, Report
Bitcoin and the entire crypto market bleed due to many challenges that have befallen the industry. From the Terra crash and continuous interest rate hikes to FTX implosion, the market hasn’t enjoyed a...
Front Runing Scam Bots on Youtube Marked 6-Fold Increase in 2022: Report
Scams have been rampant this year despite the market slowdown. A new type of sneaky crypto scam with front-running scam bots on YouTube has shot up six-fold in 2022. These types of frauds attract user...
Apple Is Looking to Move Production Out of China, Report Says
Apple has hastened plans to move part of its production out of China, home to the world’s largest iPhone factory, according to a The Wall Street Journal report citing anonymous sources. The world’s mo...
Alameda Research invested $1.15B in crypto miner Genesis Digital: Report
Crypto mining company Genesis Digital Assets was the biggest venture investment made by Alameda Research, FTX’s sister company and in the center of the exchange’s bankruptcy. Documents dis...