Value of all bitcoin in circulation, or market cap, on Wednesday rose above $1 trillion mark for first time since 2021
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SEC Chairman Calls For AI Caution, Cites Financial Stability Risk
Gary Gensler urges companies to be cautious over rushing onboard the AI hype train and points out its risk for fraud and financial stability
Nvidia Now Worth More Than Amazon, Amid AI Chip Demand
Nvidia now worth more than the e-commerce and cloud giant Amazon, thanks to ongoing industry demand for AI chips
ARM Shares Nearly Double Amid AI Surge
Shares in ARM Holdings have exploded over the past week, after an optimist forecast almost doubled its share price
Jeff Bezos Offloads $2 Billion Worth Of Amazon Shares
Not enough yachts? Amazon founder Jeff Bezos sells 12 million shares for $2bn, after relocating to tax friendly Florida
Elon Musk Ordered To Testify In SEC Twitter Takeover Probe
SEC doubles down and orders Elon Musk to testify again, for investigation of his $44 billion Twitter purchase
Hacking Victims Paid $1.1bn In Ransoms Last Year
Chainalysis report finds ransomware victims paid cybercriminals a record $1.1 billion in cryptocurrency in 2023
TSMC To Build Second Factory In Japan
World’s largest chipmaker TSMC confirms it will build second fab in Japan, with backing from Sony and Toyota
Meta Pleases As ‘Year Of Efficiency’ Pays Off With FY23 Results
Mark Zuckerberg and his “year of efficiency” pledge made in Feb 2023, has been viewed as successful by investors
Apple Lowers iPhone Forecast, As Tim Cook Touts ‘AI Announcement’
Modest increase in first quarter profit and revenues, as Apple lowers iPhone shipment forecast, amid China sales decline
UK Police Holding Bitcoin Worth £1.4 Billion – Report
One of the world’s largest asset seizures saw British police in 2018 seize four devices containing more than 61,000 bitcoin
FTX Abandons Crypto Exchange Return
No coming back. Attorney for FTX confirms attempts to restart disgraced crypto exchange have been abandoned
Alphabet’s Ad Revenue Miss Punished By Investors
Another tech industry bellweather, Alphabet, delivers strong Q4 and FY23 financials, yet investors not happy at ad revenue miss
Microsoft Profit Rises 33 Percent Thanks To AI, Cloud
Strong AI adoption and cloud helps Microsoft deliver another strong quarterly performance, amid $3 trillion valuation
Binance Founder Changpeng Zhao Refused Permission To Leave US, Again
US judge refuses to allow Binance founder Zhao to travel to UAE, despite pledge of $4.5 billion equity stake in Binance
Netflix Subscribers Surge Amid Password Crackdown
Saturated streaming market? Netflix pleases investors by recording notable rise in paid subscribers, on top of strong Q4 financials
Elon Musk Seeks Larger Tesla Stake Ahead Of AI, Robotics Push
Tesla boss wants 25 percent controlling stake in EV giant, before growing firm to be AI and robotics leader
Crypto Firm HashKey Attains Unicorn Status With $100m Funding Round
Hong Kong-based crypto firm HashKey Group attains valuation greater than $1bn after $100m funding round, in sign of digital asset optimism
Microsoft Briefly Overtakes Apple As Most Valuable Tech Company
Microsoft briefly overtook Apple as the most valuable tech company in the world, after share price pushed market cap to $2.87 trillion
SEC Approves Bitcoin ETFs, As Crypto Industry Rejoices
Watershed moment? What does US SEC approval of bitcoin ETFs mean for the bitcoin and entire crypto market?
SEC Investigates After Fake Post On X/Twitter Account
US securities regulator confirms unknown individual accessed its X social media account to post false message about ETFs
Terra Co-Founder Do Kwon Violated US Law, Judge Rules
US judge sides with SEC, after ruling Do Kwon and Terraform Labs violated US law by failing to register two digital currencies
Toshiba Delisted From Toyko Stock Exchange After 74 Years
End of an era for Japanese electronics giant Toshiba, as it undergoes transition into private ownership after years of upheaval
Bank Of England, FCA Propose Rules To Regulate Bank’s Tech Reliance
Financial Conduct Authority, Bank of England publish proposals to bolster tech resistance of the financial sector
Binance Founder Changpeng Zhao To Remain In United States
Judge sides says former Binance CEO Changpeng Zhao must remain in the US whilst he considers he request to return to the UAE
Binance Founder Zhao Pleads To Leave United States
Former Binance CEO Changpeng Zhao urges US judge to reject DoJ request to stop him leaving the United States before sentencing
Nissan To Invest £3bn, Switch All UK Models To Full Electric
Japanese car maker to invest £3 billion as it confirms all three models made at UK plant will go 100 percent electric
Terra Co-Founder Do Kwon To Be Extradited
Court in Montenegro approves extradition of 'cryptocurrency king' Do Kwon, but to which country? South Korea or United States?
Binance Sees $956m Funds Withdrawn, After CEO Pleads Guilty
Investors have withdrawn $956m from Binance since Changpeng Zhao pleaded guilty and stepped down as part of $4bn settlement
Autumn Statement 2023: Tech Implications
Chancellor's Autumn statement for the tech industry focused on AI, quantum computing, R&D tax credits, and more