The Economic Time
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Coinbase wins approval to offer crypto futures trading in US
The company has openly criticised the SEC, which in a June lawsuit accused Coinbase of operating illegally because it had failed to register as...
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Close to half of Americans favor TikTok ban: Reuters-Ipsos poll
Some 47% of respondents to the two-day poll, which concluded on Tuesday, said they at least somewhat supported "banning the social media...
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OpenAI acquires startup Global Illumination to work on core products, ChatGPT
New York-based Global Illumination was founded in 2021 by Thomas Dimson, Taylor Gordon and Joey Flynn, all of whom have previously worked at...
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Intel scraps $5.4 billion Tower deal after China review delay
Intel, which had decided to buy Tower last year, will pay a termination fee of $353 million to the latter, the company said in a statement.
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PayPal to halt UK crypto sales until 2024
Britain's financial regulator is due to bring in tougher rules to limit how crypto is advertised to British consumers, including requiring...
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Israeli tech startups flock to US amid uncertainty at home
The economic risk for Israel's government is that its plans, which have sparked unprecedented nationwide protests, scare a tech industry that...
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China's JD.com beats revenue estimates on sales of lower-priced goods
JD.com saw increased traffic on the back of purchases ahead of the holiday season and as people attending offices and social functions continued...
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Alibaba's DingTalk will split from Cloud business group
The sources could not confirm the exact timing of the split and also did not confirm news reported by Chinese media outlet Caixin on Wednesday...
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H&M probes Myanmar factory abuses as pressure intensifies
H&M told Reuters it is following up on 20 alleged instances of labour abuse at Myanmar garment factories that supply the world's second-largest...
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Mexican fintech Klar lands $100 million debt line in loan book boost
Klar, which currently provides payment services, investment accounts and loans to some 2.4 million clients, is looking to expand its user base...