SEOUL (Reuters) – Samsung Electronics plans to increase chip production capacity at its largest semiconductor plant next year, despite forecasts…
Israel regulator awards licence to investors to set up new digital bank
JERUSALEM (Reuters) – Israel’s banking regulator on Sunday approved a conditional licence and control permit to a group of entrepreneurs…
ECB must be ready to take the heat and raise rates more, Schnabel says
FRANKFURT (Reuters) – The European Central Bank must be prepared to take the heat and raise interest rates further, including…
Exclusive-Twitter removes suicide prevention feature, says it’s under revamp
By Paresh Dave, Fanny Potkin and Sheila Dang (Reuters) -Twitter Inc removed a feature in the past few days that…
Bankman-Fried, FTX execs received billions in hidden loans, ex-Alameda CEO says
By Luc Cohen and Tom Hals NEW YORK (Reuters) -Sam Bankman-Fried and other FTX executives received billions of dollars in…
FTX’s Bankman-Fried, charged with ‘epic’ fraud, released on $250 million bond
By Luc Cohen and Jody Godoy NEW YORK (Reuters) – Sam Bankman-Fried was released on a $250 million bond package…
Facebook parent Meta to settle Cambridge Analytica scandal case for $725 million
By Nate Raymond (Reuters) -Facebook owner Meta Platforms Inc has agreed to pay $725 million to resolve a class-action lawsuit…
Explainer-How did Bankman-Fried secure $250 million bail?
By Jack Queen (Reuters) – FTX founder Sam Bankman-Fried clinched a bail deal on Thursday that would see him released…
Elon Musk’s vow to not sell more Tesla stock fails to calm investors
(Reuters) -Tesla Inc shares hit a fresh two-year low in volatile trading on Friday as top boss Elon Musk’s promise…
Apple Watches violate AliveCor patents but import ban on hold -U.S. ITC
By Blake Brittain (Reuters) -Apple Inc’s Apple Watches with an electrocardiogram (ECG) function infringe patents belonging to medical device maker…