Share price decline continues in 2023 as Apple's market value slips below $2 trillion, after it was the first to reach $3 trillion milestone
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Musk Tells Tesla Staff To Ignore Share Price Decline
After 70 percent decline in Tesla share price, Elon Musk tells employees not to be “bothered by stock market craziness”
Cyber-Attacks Set To Become ‘Uninsurable’, Warns Insurance Boss
Chief executive of Zurich Insurance warns that cyber-attacks, rather than natural disasters, will quickly become “uninsurable”
FTX Customer Lawsuit Seeks Recovery Of Digital Assets
Class action lawsuit filed by FTX customers against failed crypto exchange and its arrested former CEO Sam Bankman-Fried
FTX’s Sam Bankman-Fried Released On $250m Bail, To His Parents
Sam Bankman-Fried has been freed on $250m, but must remain under strict supervision at parents’ California home
Two Bankman-Fried Associates Plead Guilty To Fraud
FTX founder Sam Bankman-Fried arrives in America and is expected in court, as two former associates plead guilty to fraud charges
Bitcoin Miner Core Scientific Files For Chapter 11
One of the largest publicly traded crypto mining companies in the US, Core Scientific, is filing for Chapter 11 bankruptcy protection
Elon Musk To Quit As Twitter CEO, Seeks ‘Foolish Enough’ Replacement
Search for new CEO of Twitter begins, but Elon Musk confirms he will remain in charge of software and server teams
Binance Founder Reassures After $1 Billion Withdrawn In A Day
Founder Changpeng Zhao admits “stress test” after more than a billion dollars is pulled out of Binance in a single day
US SEC Charges FTX Sam Bankman-Fried With Fraud
Sam Bankman-Fried is accused by US authorities of defrauding investors after regulators called FTX “a house of cards”
FTX Founder Sam Bankman-Fried Arrested In Bahamas
Former CEO and founder of collapsed crypto exchange FTX is arrested after the United States files charges against him
TerraUSD’s Do Kwon In Serbia, South Korea Says
South Korean authorities say Do Kwon, co-founder of failed TerraUSD cryptocurrency, has fled arrest warrant and is in Serbia
Former Wirecard CEO Dismisses ‘Absurd’ Allegations
Defence for former Wirecard CEO Markus Braun begins in Germany, with his lawyer lambasting prosecution charges
Microsoft To Acquire 4 Percent Of London Stock Exchange In Cloud Deal
Ten year cloud data deal between LSE and American software giant, sees Microsoft acquire 4 percent of equity stake in UK bourse
Trial For Wirecard Executives Begins In Germany
Trial of former CEO and other managers begins in Germany, following spectacular collapse of Munich fintech Wirecard in 2020
HM Treasury Finalising Crypto Industry Rules – Report
UK's Treasury is reportedly finalising sweeping new powers for Financial Conduct Authority to properly regulate the cryptocurrency industry
Bitfront To Close Down, In Latest Crypto Failure
Latest casualty. Crypto exchange Bitfront confirms it is shutting down amid challenging crypto market, despite best efforts
Maersk, IBM Discontinue Blockchain Shipping Platform
TradeLens, a blockchain platform from shipping giant Maersk and IBM is to be discontinued, to due lack of commercial viability
Crypto Lender BlockFi Files For Chapter 11 Bankruptcy
FTX collapse cited, as cryptocurrency lender BlockFi files for Chapter 11 bankruptcy protection in New Jersey court
EU Countries Agree 45bn Euro Chip Production Plan
European chip production subsidies. Agreement from EU countries to a 45-billion-euro ($46.6 billion) fund to encourage local chip production
HP To Layoff 4,000 To 6,000 Staff Over Next Three Years
Smaller still. Thousands of job cuts are coming to HP's global workforce, in addition to the 9,000 jobs it axed three years ago
Lawsuit Against FTX Founder, As New Boss Slams Previous Management
Class action lawsuit launched against Sam Bankman-Fried, as new FTX CEO slams previous corporate management practices
Failed FTX Exchange Could Have A Million Creditors
As regulators begin investigations into FTX's bankruptcy, filings indicate the failed crypto exchange could have 1 million creditors
FTX Crypto Exchange Files For Bankruptcy, CEO Resigns
Chapter 11 for cryptocurrency exchange FTX, after it failed to secure rescue bid and additional funding. CEO Sam Bankman-Fried resigns
Crypto Market Rocked As Binance Drops FTX Rescue Deal
Cryptocurrency prices plunge after crypto exchange platform Binance withdraws from purchase of its failing rival FTX Trading
Toshiba Receives $15bn Buy Out Bid – Report
Consortium led by Japan Industrial Partners submits bid to purchase Toshiba for $15bn, but reportedly has no banking approval for full price
Britishvolt Secures Funding For Five Weeks
Staff at battery start-up Britishvolt in Northumberland take a pay cut, after it secures five-week funding lifeline
Apple Rides The Storm With Solid Earnings
Amid investor tech gloom, Apple's Q4 and full year results prove to be a bright spot, but it admits holiday quarter may be weaker
Intel’s Mobileye Raises $861m In Nasdaq IPO
Shares in Intel's self-driving firm Mobileye Global rose 30 percent after successful public listing on the Nasdaq
Meta Shares Plummet Over Costs, Weak Forecast
Investors take fright as Meta's revenues fall for second straight quarter, and warns of more costs ahead, forecasts weak holiday quarter