News Editor
UK recession might be under way after economy shrinks in Q3
Britain's economy might be in a recession, according to data that showed it shrank between July and September, shortly after finance minister Jeremy Hunt...
Technology, sportswear makers pull down European shares
-European shares inched lower on Friday, weighed down by technology and sportswear makers, while investors were on tenterhooks ahead of a crucial U.S. inflation...
Nike, Fed’s main inflation gauge, UK recession – what’s moving markets
The main indices point toward a weaker open on Wall Street, amid a degree of caution ahead of the release of key U.S. inflation...
Rite Aid Ceases AI Facial Recognition Following FTC Settlement
Racial profiling allegations lead to action
Rite Aid’s utilization of AI-powered facial recognition technology has been under scrutiny due to its alleged profiling of certain...
Crypto influencers and projects targeted in SIM-Swap attacks ahead of Christmas
SIM-Swap attacks on prominent figures
Several notable cryptocurrency influencers and projects have fallen victim to SIM-swap attacks in the past week. Among them are the founders of...
Coinbase’s bold move to simplify operations in 2024
Coinbase targets a 10% reduction in operations
The ‘Delete Week’ concept, as outlined by Armstrong, involves a comprehensive review and potential removal of various elements...
US fund KKR in takeover bid for Portugal’s Greenvolt, secures control
A unit of U.S. private equity fund KKR announced on Thursday a full takeover bid for Portuguese renewable energy company Greenvolt, which values the...
Dollar edges lower ahead of key data; sterling remains weak
The U.S. dollar edged lower in early European trade Thursday ahead of key growth data, while sterling continued to fall in the wake of...
Futures rise after stocks retreat, Micron’s upbeat outlook – what’s moving...
U.S. stock markets slump as a December rally pauses, while Treasury yields dip as traders stick to bets that the Federal Reserve will roll...
Bitcoin’s resilience shines as “crypto obituaries” hit a decade-low
Bitcoin’s journey: From obituaries to resilience
Since 2010, Bitcoin has weathered 474 declarations of its demise, according to the BTC obituaries tracker. However, 2023 stands out with...
