The massive liquidity crisis at the FTX exchange has prompted calls for clear regulations in the US crypto market.
E-commerce giant Amazon becomes the first publicly-traded company to lose $1 trillion in stock value amid economic recession.
Foxconn’s major production base in central China, with around 200,000 employees, is currently not operating.
Musk described how paid verification, which will now be offered with its reinvented Twitter Blue subscription, along with help from the creators’ community, would be able to steer the site towards a payments system on the platform.
Binance backs out of the FTX deal citing concerns over the mishandling of customers’ funds by FTX and alleged US agency investigations. The Crypto market loses another $100 billion.
Tesla share’s value was expected to decline following the sustained cryptocurrency crash in the past few months.
RBC Capital Markets experts believe that the staff layoff is not the solution to the numerous challenges the company is currently facing.
The news came as FTX faced an apparent liquidity crunch following the collapse of its native token.
Adidas reduced its expectations for the full-year traffic trend decline in Greater China.
Following its purchase of Coinbase stock at the end of October, Ark Invest has added an additional 420,949 units of COIN.
As a leader in the Quantum Computing world, IBM will help recreate the features that define these rare metals and find a way to mass produce them as alternatives across the board.
The Bloomberg Billionaires Index estimated SBF’s wealth to be $15.6 billion on the morning of November 8.
Meta is not the only tech firm that has announced layoffs or is contemplating the same.
Following his takeover of Twitter, Elon Musk has sold 19.5 million more Twitter shares worth $3.95 billion.
Marathon Digital noted that the lower production resulted from the previously announced exit from the company’s facility in Hardin, MT, and delays in the initial energization of the King Mountain facility in McCamey, TX.