As Twitter fades to X, TikTok steps up with new text-based posts
The same day owner Elon Musk abruptly dropped Twitter's name and bird logo as part of its supposed transition to an “anything app,” TikTok impishly announced it will begin letting its users post — you guessed it — text-based messages
2023-07-26 08:55
Limited support for central bank digital currencies in global investment industry survey
By Marc Jones LONDON The most comprehensive survey of the global investment industry on central bank digital currencies
2023-07-26 08:29
Chip Heavyweight Hynix’s Revenue Beats as AI Lifts Memory Demand
SK Hynix Inc. reported better-than-expected revenue, declaring the memory chip market is recovering because of surging interest in
2023-07-26 08:28
Joe Lewis: Tottenham Hotspur owner charged over alleged insider trading
British billionaire Joe Lewis is indicted in the US over an alleged insider trading scheme.
2023-07-26 08:27
Brazil regulates sports betting, taxes companies amid scandal
Brazil’s government has issued a provisional decree to authorize sports betting and tax companies’ revenues by 18%
2023-07-26 08:27
Godwin Emefiele's downfall: How Nigeria's bank boss ended up in court
The once-powerful bank chief is charged with illegally owning a shotgun, which he denies.
2023-07-26 08:25
UK billionaire Joe Lewis, owner of Tottenham soccer team, charged with insider trading in US
Prosecutors say British billionaire and Tottenham soccer team owner Joe Lewis has been indicted in New York on insider trading charges
2023-07-26 08:18
Japan's business services inflation slows in June
TOKYO Japan's business-to-business service inflation slowed in June, data showed on Wednesday, suggesting that companies remained slow in
2023-07-26 08:17
San Francisco’s Office Demand Surges, Largely Thanks to AI Companies
The worst of San Francisco’s office pain is showing signs of easing. Demand for offices in the city
2023-07-26 07:59
Microsoft’s Azure Slowdown Overshadows Optimism About AI Growth
Microsoft Corp. posted tepid quarterly sales growth and forecast a continued slowdown in its Azure cloud-services business, overshadowing
2023-07-26 07:55
US charges British billionaire Joe Lewis with insider trading
By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -Joe Lewis, the British billionaire and owner of the Tottenham Hotspur
2023-07-26 07:47
Tottenham owner Joe Lewis indicted in the US for ‘brazen insider trading scheme’
Tottenham owner Joe Lewis has been indicted in New York for “orchestrating a brazen insider trading scheme”, a US attorney said. Damian Williams, the US attorney for the Southern District of New York, said in a video released by his office: “Today I’m announcing that my office, the Southern District of New York, has indicted Joe Lewis, the British billionaire, for orchestrating a brazen insider trading scheme. “We allege that for years Joe Lewis abused his access to corporate boardrooms and repeatedly provided inside information to his romantic partners, his personal assistants, his private pilots and his friends. “Those folks then traded on that inside information and made millions of dollars in the stock market, because thanks to Lewis those bets were a sure thing.” Mr Williams described Lewis’s behaviour as “classic corporate corruption”. He said: “Now, none of this was necessary. Joe Lewis is a wealthy man. But as we allege, he used inside information as a way to compensate his employees or to shower gifts on his friends and lovers. “That’s classic corporate corruption. It’s cheating, and it’s against the law. Laws that apply to everyone, no matter who you are. “That’s why Joe Lewis has been indicted and will face justice here in the Southern District of New York.” Lewis, 86, is the founder and primary investor of Bahamas-based investment firm Tavistock Group. He bought a controlling stake in the Premier League club from Lord Sugar in 2001 for £22million.
2023-07-26 07:45