FTX sues Grayscale and DCG, citing ‘exorbitant’ fees

Collapsed crypto exchange FTX filed a lawsuit against Grayscale Investment, citing mismanagement of the firm as evidence that it was in violation of Trust agreements. The FTX debtors also filed ...

CAC 40 index signals that luxury goods is the new tech

The CAC 40 index is firing on all cylinders, helped by the resurgence of the luxury goods industry. The index jumped to a record high of €7,412, making it one of the best-performing indices in the mar...

Top 11 most influential women in tech history

Women have made significant contributions to the field of technology throughout history, but their achievements have often been overlooked or undervalued. By highlighting the accomplishments of women ...

Silicon Valley Confronts the End of Growth. It’s a New Era for Tech Stocks.

Silicon Valley could use a reboot. The biggest players aren’t growing, and more than a few are seeing sharp revenue declines. Regulators seem opposed to every proposed merger, while legislators push f...

Stock-Based Compensation Is the Latest Risk for Tech Stocks

For years, the lavish stock grants and options handed out by tech companies went largely ignored by investors. Now, the practice is finally getting attention, and it’s likely going to bring bad news f...

DeFi to be examined at inaugural CFTC tech advisory meeting: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. DeFi will be in focus...

Japan’s Tech Companies Collaborate to Build Open Metaverse Infrastructure

In Japan, a group of well-known tech companies have agreed to work together to create the Japan Metaverse Economic Zone and an open metaverse infrastructure called Ryugukoku. The agreement aims to spa...

Fujitsu, Other Japanese Tech Giants Form Metaverse Coalition

The firms are looking to create an interoperable metaverse structure called RYUGUKOKU (TBD). In a bid to advance the country’s Web 3.0 strategy, IT services company Fujitsu and other top Japanese tech...

Disney’s PhotoPass Service Combines New Tech With Disney Storytelling

Minnie Mouse greets guests inside a specially themed area at Disney’s Hollywood Studios called … [+] “Mickey and Minnie Starring in Red Carpet Dreams.” Minnie appears as a Tins...

Future Tech Event – Cryptopolitan

Future Tech Event is Sultanate of Oman’s foremost B2B and B2G bespoke Technology Event, taking place in November 2023, at the Oman Convention and Exhibition Centre. It is a definitive meeting place fa...

The Tech Tribune Announces Its 2023 Best Tech Startups in Miami

MIAMI–(BUSINESS WIRE)–#business—The Tech Tribune staff has compiled the very best tech startups in Miami, Florida. In doing our research, we considered several factors including but not limited to: Re...

Why The Supreme Court Could Save Big Tech By Recommending Regulation Over Prohibition In Key Free Speech Case

Supreme Court (Photo by Erin Schaff-Pool/Getty Images) Getty Images Powerful forces want to change the way the internet works, and it could have profound implications for big tech. This is what invest...

Starbucks’s web3 Odyssey is seeing early signs of success, BofA says

Starbucks’s Odyssey program, an extension of Starbucks Rewards that seeks to expand brand loyalty in the virtual world, is seeing encouraging signs of early success, Bank of America said.  ...

Deloitte, Sinclair Broadcast launching new sports metaverse experience

Deloitte and Sinclair Broadcast Group said they’ll be launching a new metaverse sports fan community experience leveraging Epic Games’ Unreal Engine to “enhance the ways in which fan...

Japanese Tech and Finance Giants Launch Japan Metaverse Economic Zone – Metaverse Bitcoin News

Several Japanese tech and finance giants have signed a document to create the Japan Metaverse Economic Zone, a multipurpose virtual universe that will have its base in a platform called Ryugukoku. The...

New Digital Trust World Conferences from ISACA Deliver Innovative Insights on the Business Imperative for a Trustworthy Tech Ecosystem

ISACA’s 2023 slate of virtual and in-person learning for business IT professionals announced SCHAUMBURG, Ill.–(BUSINESS WIRE)–#isaca–As enterprises and professionals increasingly identify digital trus...

Binance bites back against Forbes report claiming transfer of $1.8 billion in client collateral

Binance denied using client assets without consent after a Forbes report said the crypto exchange moved “$1.8 billion of collateral meant to back its customers’ stablecoins.” Forbes ...

A Court Case With High Implications For The Tech Sector And Inflation Still Higher Than Expected

Getty Images TL;DR A court case against Google has the potential to make social media giants responsible for any content posted on their platforms, which would have far reaching implications for inves...

Tech companies enter agreement for ‘Japan Metaverse Economic Zone’

Interest in the metaverse is accelerating globally, with countries all over the world joining in the rush to get involved. In Japan, a country often associated with its legacy technology sector, a gro...

Do Layoffs Pay Off? Meta, Amazon, Other Tech Stocks Paint a Mixed Picture.

Text size Tech companies have announced more than 100,000 job cuts this year so far. Fizkes/Dreamstime Some technology companies have seen their stocks jump after announcing mass layoffs this earnings...

Tech Carried the Stock Market. Now They’re Taking It Down With Them.

The prospect of still-higher short- and long-term interest rates produced the worst week for the S&P 500 index in the relatively young year, a drop of 2.67%, and the third straight down week for t...

Optimism flies higher as Coinbase leverages its tech

The price of the optimism token increased to $3.095 as Coinbase unveiled its Base layer 2 solutions based on the Op Stack technology. Coinbase and Optimism At the time of publication, the price of opt...

Tech Carried This Upturn, and Now It’s Taking the Market Down With It

The prospect of still-higher short- and long-term interest rates produced the worst week for the S&P 500 index in the relatively young year, a drop of 2.67%, and the third straight down week for t...

NFT Tech Completes Acquisition of Run It Wild

VANCOUVER, British Columbia–(BUSINESS WIRE)–$NFT #Facebook—NFT Technologies Inc. (NEO: NFT) (the “Company” or “NFT Tech”), a leading technology company partnering with top-tier brands to accelerate th...

One laid-off tech worker’s odyssey: 5 months, 25 interviews, 100 job applications

At times, Todd Erickson’s search for a tech job felt more like an odyssey. But after five months, about 100 job applications and more than two dozen interviews with recruiters and companies — includin...

DWF Labs Invests $25M in Privacy Tech Startup Beldex

“We are excited about Beldex’s ecosystem, which offers scalable and secure decentralized applications prioritizing privacy,” DWF Labs managing partner Andrei Grachev said in the announcement post. “Th...

Big tech is out, ‘old economy’ is in on Wall Street: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, February 24, 2023 Today’s newsletter...

Nigerian Central Bank Seeks New CBDC Tech Partner — Bank Urged to Improve E-Naira User Experience – Africa Bitcoin News

More than a year after it launched its central bank digital currency with partner Bitt Inc, the Central Bank of Nigeria is reportedly seeking a new technology partner. The new partner is expected to h...

Tencent Cloud to Introduce New Products for Web3 Builders in Support of Greater Decentralized Tech Push

Tencent Cloud has expressed commitment to building, supporting, and growing the global Web3 community. Tencent Cloud recently announced its support for the global Web3 ecosystem development. The cloud...

SBF Legal Defense to Appoint Tech Expert as Court Mulls Amending Bail Conditions

Lawyers representing Sam Bankman-Fried, the disgraced founder of the FTX cryptocurrency exchange, consented to appoint an independent technical expert to consult the court on his bail conditions. “The...

The ‘free money’ tech investment is over and the ‘old economy’ is set to become the big winner, according to Bank of America

Tech companies dominated the stock market over the past decade, but with stubborn inflation forcing the Federal Reserve to aggressively raise interest rates, their reign may be coming to an end. “Bear...

Crypto Labor Market Trends Don’t Echo Traditional Tech, Hiring Experts Say

The crypto and tech labor markets are in a strange place right now—but not in the same way. If you listen to Federal Reserve Chair Jerome Powell, you’d think the labor market was thriving across the b...