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Bloomberg

Page 477 - Bloomberg/workspace/business Standard Web/video

White House monitoring FTX collapse, calls for crypto industry regulation

The collapse this week of FTX dealt another blow to the cryptocurrency industry, which has seen severe volatility and bankruptcies of other high-profile firms, including Celsius Network Ltd

White House monitoring FTX collapse, calls for crypto industry regulation
Updated On : 12 Nov 2022 | 11:21 AM IST

Crypto's most urgent question: Where will FTX's aftershock be felt?

From blue-chip venture investors to celebrity endorsements, from Silicon Valley to Washington, from lenders to yield farmers and market makers, the three-year-old firm cut a wide swath through online

Crypto's most urgent question: Where will FTX's aftershock be felt?
Updated On : 12 Nov 2022 | 7:46 AM IST

How Sam Bankman-Fried fooled the crypto world and maybe even himself

The scandal has shocked the crypto players who giddily celebrated Bankman-Fried as the J.P. Morgan of their times and left them grasping for parallels

How Sam Bankman-Fried fooled the crypto world and maybe even himself
Updated On : 12 Nov 2022 | 7:37 AM IST

Here's what led Elon Musk to talk of bankruptcy for Twitter: Timeline

With $1.2 billion of annual interest payments from the acquisition coming due, and possibly higher with rising interest rates, Musk is in a rush to shore up cash

Here's what led Elon Musk to talk of bankruptcy for Twitter: Timeline
Updated On : 12 Nov 2022 | 7:20 AM IST

World's biggest democracies sound warning on Twitter blue checks

From India to Brazil and the US, officials are warning of a proliferation in fake accounts, with some saying the new system in which a blue check mark can be bought for $7.99 a month is ripe for abuse

World's biggest democracies sound warning on Twitter blue checks
Updated On : 12 Nov 2022 | 7:13 AM IST

Twitter pauses $8 subscription plan after fake accounts proliferate

Twitter Inc. suspended the $8 subscription program it launched earlier this week to combat a growing problem of users impersonating major brands, a person familiar with the move said

Twitter pauses $8 subscription plan after fake accounts proliferate
Updated On : 11 Nov 2022 | 11:29 PM IST

Twitter bankruptcy possible if cash burn doesn't stop, Musk tells employees

Issues multiple warnings, asks staff to brace for 80-hour work weeks

Twitter bankruptcy possible if cash burn doesn't stop, Musk tells employees
Updated On : 11 Nov 2022 | 11:26 PM IST

Twitter's hectic overhaul under Musk puts world's regulators on alert

In a rare intervention on Thursday, the US Federal Trade Commission said that it was tracking developments with "deep concern" and said that "no CEO or company is above the law"

Twitter's hectic overhaul under Musk puts world's regulators on alert
Updated On : 11 Nov 2022 | 10:49 PM IST

SoftBank Vision Fund loses $7.2 billion on back of tech writedowns

The Vision Fund segment lost 1.02 trillion yen in July-September, following a 2.33 trillion yen loss in the June quarter. Overall, the Japanese conglomerate logged net income of 3.03 trn in last qtr

SoftBank Vision Fund loses $7.2 billion on back of tech writedowns
Updated On : 11 Nov 2022 | 10:15 PM IST

Dollar suffers biggest plunge since 2009 as CPI smacks Fed bets

A slower pace of rate hikes could curb the dollar's rally this year which has weakened its Group-of-10 currency peers

Dollar suffers biggest plunge since 2009 as CPI smacks Fed bets
Updated On : 11 Nov 2022 | 10:14 PM IST

Binance backs out of rescue deal, FTX.com on brink of collapse

On a call before Binance pulled an about-face and bailed on its takeover offer, Bankman-Fried informed investors his crypto exchange faced a shortfall of up to $8 billion

Binance backs out of rescue deal, FTX.com on brink of collapse
Updated On : 11 Nov 2022 | 8:34 PM IST

Commercial spat on LNG between Germany, India turns into diplomatic tussle

Diplomats have been called in to try to resolve a disagreement over a cut in supplies of liquefied natural gas to India by a German-state-backed company

Commercial spat on LNG between Germany, India turns into diplomatic tussle
Updated On : 11 Nov 2022 | 7:02 PM IST

RBI targets selling first batch of green bonds as early as December

Reserve Bank of India, the nation's debt manager, is preparing to sell its first ever batch of sovereign green bonds as early as next month, according to people with knowledge of the matter

RBI targets selling first batch of green bonds as early as December
Updated On : 11 Nov 2022 | 6:46 PM IST

Boeing Co sees India as key to offset sluggish business in China

Boeing and Airbus SE are both in the running for what could be one of the largest aircraft deals ever as formerly state-run Air India Ltd. is overhauled by new owner Tata Group

Boeing Co sees India as key to offset sluggish business in China
Updated On : 11 Nov 2022 | 6:33 PM IST

RBI prods Indian civic bodies to issue municipal bonds for funding

India's local city governments must consider issuing municipal bonds to meet their funding requirements as the demand to ramp-up infrastructure in the Asia's third-largest economy grows

RBI prods Indian civic bodies to issue municipal bonds for funding
Updated On : 11 Nov 2022 | 4:12 PM IST

Twitter's big headache: Brand impostors thanks to the $8 verification

Users started creating Twitter accounts pretending to be major brands and politicians, fooling users and potentially jeopardizing Twitter's now-shaky reputation with top advertisers

Twitter's big headache: Brand impostors thanks to the $8 verification
Updated On : 11 Nov 2022 | 9:07 AM IST

Adani to build power plants in SL, challenge China in support for Modi

Adani has been accused by some Lankan lawmakers of signing opaque port, energy deals closely tied to India's interests, something his group has always denied, saying investments meet Sri Lanka's needs

Adani to build power plants in SL, challenge China in support for Modi
Updated On : 11 Nov 2022 | 7:03 AM IST

Elon Musk warns of difficult times ahead, forms new cadre at Twitter

New Twitter owner Elon Musk emailed his workers for the first time to prepare them for "difficult times ahead" and ban remote work unless he personally approved it

Elon Musk warns of difficult times ahead, forms new cadre at Twitter
Updated On : 10 Nov 2022 | 11:55 PM IST

US inflation eases to 7.7% in Oct, gives Fed room to slow rate-hike

The consumer price index was up 7.7% from a year earlier, the smallest annual advance since the start of the year and down from 8.2% in September

US inflation eases to 7.7% in Oct, gives Fed room to slow rate-hike
Updated On : 10 Nov 2022 | 11:49 PM IST

Climate projections again point to 2.7C rise if policies don't improve

The research partnership Climate Action Tracker on Thursday released its latest projections of how greenhouse gas emissions may dangerously raise the global average temperature

Climate projections again point to 2.7C rise if policies don't improve
Updated On : 10 Nov 2022 | 6:02 PM IST