Showing 1 - 10 of 81
Fuel to Air India jet engines cut off moments before crash: probe
AFP, Published on 12/07/2025
» NEW DELHI — Fuel control switches to the engines of an Air India flight that crashed shortly after takeoff, killing 260 people, were moved from the "run" to the "cutoff" position moments before impact, a preliminary investigation report said early Saturday.
Nvidia expects $5.5 bn hit as US targets chips sent to China
AFP, Published on 16/04/2025
» SAN FRANCISCO - Nvidia on Tuesday notified regulators that it expects a $5.5 billion hit this quarter due to a new US licensing requirement on the primary chip it can legally sell in China.
Trump hosting White House crypto summit
AFP, Published on 07/03/2025
» WASHINGTON - Donald Trump is preparing to host top cryptocurrency players at the White House on Friday, a political boost for an industry that has struggled to gain legitimacy — and where the Republican president faces conflict of interest concerns.
Binance to pay billions in US in money laundering case, CEO resigns
AFP, Published on 22/11/2023
» WASHINGTON - Binance chief executive Changpeng Zhao pleaded guilty Tuesday to US money laundering violations, in a deal that will see the cryptocurrency exchange he founded pay over $4 billion in penalties.
US regulator says Musk dodging Twitter share buy questions
AFP, Published on 06/10/2023
» SAN FRANCISCO - US market regulators on Thursday asked a judge to order Elon Musk to comply with a subpoena to answer questions about his purchases of Twitter shares last year.
US clampdown has crypto kings looking abroad
AFP, Published on 16/06/2023
» NEW YORK - After years on the sidelines, financial regulators in the United States are throwing the book at the free-wheeling cryptocurrency industry, with angry entrepreneurs threatening to take their business overseas.
US steps up crypto crackdown with Coinbase suit
AFP, Published on 07/06/2023
» NEW YORK: In their second major action against a big crypto player in two days, United States regulators sued Coinbase on Tuesday, alleging its failure to register as a securities exchange venue exposed investors to risk.
Crypto-linked bank failures fuel regulation debate
AFP, Published on 17/03/2023
» LONDON: The global cryptocurrency industry has been slammed by setbacks, scandals and high-profile failures in recent months, sparking a regulatory rush to protect consumers from fraud and scams.
Microsoft says it will axe 10,000 employees over poor economy
AFP, Published on 18/01/2023
» WASHINGTON - Microsoft on Wednesday said it would lay off 10,000 employees in the coming months as the economic downturn continues to punish US tech giants.
Ex-crypto boss Bankman-Fried pleads not guilty to fraud
AFP, Published on 04/01/2023
» NEW YORK - FTX co-founder Sam Bankman-Fried pleaded not guilty Tuesday to US criminal fraud charges over the spectacular collapse of his crypto exchange.