End of the road for Diem (formerly Libra) digital currency, with sale reported of Diem Association to financial institution
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IMF Urges El Salvador To Drop Bitcoin As Legal Tender
South American country El Salvador urged to reconsider its decision to adopt Bitcoin as legal tender, amid huge value decline
Netflix Shares Drop On Growth Concerns
Netflix posts strong growth for full-year 2021, but shares plummet as investors are spooked by disappointing first-quarter growth prospects
Russia Proposes Ban On Cryptocurrencies, Crypto Mining
Russia's central bank has this week proposed the banning on the use and mining of cryptocurrencies, citing multiple risk factors
UK To Address Marketing Of High Risk Crypto Investments
British financial watchdog says it will curb the marketing of cryptoassets and other high-risk investments, amid a surge in online adverts
Amazon Last Minute Extension For Visa Card Payments
UK Amazon users can continue using their Visa cards for online shopping for now, after the two firms agree short term deal
Treasury Select Committee To Investigate Visa, Mastercard Fee Increases
Committee of MPs vows to scrutinise increases in the fees Visa and Mastercard charge businesses, after regulator finds no justification for the rise
Bitcoin Slumps To Lowest Level In Four Months
Crypto volatility. Bitcoin slumps to its lowest level since September, having lost over 40 percent of its value from its record high
China Mobile Enjoys Successful Shanghai IPO After NYSE Delisting
After being delisted from New York Stock Exchange last year, China Mobile enjoys successful public offering in its home market
Apple First To Breach $3 Trillion Market Cap
The iPhone juggernaut briefly surpasses the $3 trillion market capitalisation threshold on Monday, over a year since passing the $2 trillion mark
Huawei Admits 2021 Revenues Down Nearly 30 Percent
Chinese networking giant reveals scale of challenge posed by ongoing US and Western restrictions to its business performance
Elon Musk Sells Off Another $1 Billion Of Shares
Share sell-off continues for Tesla's Elon Musk, after he offloads another tranche of shares worth $1.02 billion to reach 10 percent target
Elon Musk Warns Of Overtaxation in California
Tesla CEO says he has sold 'enough stock' and slams California for 'overtaxation' and 'overegulation' and 'overlitigation'
Elon Musk To Pay $11 Billion In Taxes
Musk hits back at Senator Elizabeth Warren who said he should pay taxes and stop “freeloading” by confirming he is facing $11 billion tax bill
‘Flying Taxi’ Company Vertical Aerospace Soars On NYSE Debut
Vertical Aerospace begins work on challenge of regulatory certification for its electric 'flying taxis' after successful market debut in New York
Reddit Files To Go Public With US Regulator
Social news giant Reddit has joined the listing trend, after it filed for initial public offering (IPO) with US authorities
Intel To List Self-driving Car unit Mobileye
Public offering planned for Intel's self-driving-car unit Mobileye next year, but Intel says it will retain ownership after floatation
Craig Wright Wins US Case Over Bitcoin Inventor Claim
Computer scientist who claims to be Satoshi Nakamoto, wins US court case against former partner, and avoids having to split huge cache of bitcoin
Musk Tesla Share Sale Surpasses $10bn
Elon Musk's Tesla share sell-off surpasses $10 billion as it reaches into fourth consecutive week, while Cybertruck gets 'insane' four-motor variant
Didi Global To Delist From New York Stock Exchange
Chinese ride-hailing giant Didi Global to exit New York Stock Exchange only months after disastrous IPO, as it plans 'immediate' Hong Kong flotation
Jack Dorsey’s Square Changes Name To Block
When a Square becomes a Block. Payments giant Square will change its corporate name to Block next week, amid blockchain focus
SpaceX’s Elon Musk Warns Of Bankruptcy Risk Over Engine Issue
SpaceX CEO Elon Musk warns of “disaster” concerning production of Starship Raptor engine that puts entire firm at bankruptcy risk
Facebook Cryptocurrency Executive David Marcus To Leave
Executive in charge of Meta's cryptocurrency efforts, confirms he is leaving after seven years at the social networking giant
India Moves To Ban Private Cryptocurrencies
India is to launch its own official digital currency, but will also ban private cryptocurrencies under new government proposals
Elon Musk Realises $1bn, After Another Tesla Share Sale
Half way there. Elon Musk sells another tranche of Tesla shares worth $1.05 billion, as he continues to honour Twitter poll
Amazon-Backed Rivian Enjoys Successful Nasdaq IPO
Amazon-backed electric car start-up Rivian enjoys biggest public listing in the United States since Facebook back in 2012
Elon Musk Sells $5bn Of Tesla Stock After Twitter Poll
One of the world's richest men, Elon Musk, has sold 3 percent of his stake in Tesla, just days after holding a Twitter poll
Trading App Robinhood Admits Data Breach
Email addresses of 5 million customers compromised by outside third party, after Robinhood admits 'data security incident'
Twitter Backs Elon Musk Selling 10 Percent Of Tesla
What SEC scrutiny? Elon Musk asks Twitter users whether he should sell 10 percent of Tesla, and majority back share sell-off poll
Tesla Reaches $1 Trillion Valuation
Car maker Tesla now worth at least double that of Toyota, Volkswagen and Ford combined, after breaching $1 trillion market cap