Business News

SEC Twitter Account Compromised, False Bitcoin ETF Approval Post Triggers Market Volatility

SEC Twitter Account Compromised, False Bitcoin ETF Approval Post Triggers Market Volatility

Unidentified individual accessed SEC's Twitter through a third party. Lack of two-factor authentication heightened vulnerability. False bitcoin ETF approval triggered…

January 11, 2024

YanGuFang International Group Appoints Interim Executives Amidst CEO and CFO Detainment

Leadership Shake-up: CEO and CFO of YanGuFang International Group detained by Shanghai Police, prompting interim appointments for stability. Interim Executives:…

January 11, 2024

Amazon Announces Significant Layoffs in Prime Video and MGM Studios Divisions

Layoffs Across Prime Video and MGM Studios: Amazon announces layoffs in its entertainment divisions as part of a long-term strategy.…

January 11, 2024

Fintech Industry Faces Setback in 2023: Global Investment Plummets by Half

Global Downturn: Fintech investment plunged by 48% in 2023 to $51.2 billion, reflecting economic challenges and higher interest rates. UAE's…

January 11, 2024

YouTube Introduces First Aid Information Shelves to Combat Medical Misinformation

YouTube launches First Aid Information Shelves with step-by-step videos for handling emergencies, addressing drug overdoses, heart attacks, and more. Videos,…

January 11, 2024

Coinbase Faces Crossroads as SEC Approves Bitcoin ETFs

Coinbase secures pivotal custodial partnerships with asset giants like BlackRock, Franklin Templeton, and WisdomTree. Positioned at the forefront, Coinbase takes…

January 11, 2024

Breakthrough in Elderly Care: Zoe Care Introduces Wi-Fi-Based Fall Detection Solution

Wi-Fi Innovation: Zoe Care's Serenity appliance uses existing Wi-Fi signals to detect falls, ensuring privacy and cost-effective elder care. Localized…

January 11, 2024

Lordstown Motors Faces $45 Million SEC Penalty in Bankruptcy Proceedings

SEC Targets Lordstown: The SEC filed a $45 million claim against Lordstown Motors in bankruptcy proceedings, alleging securities law violations.…

January 11, 2024

Twitch Announces Layoffs, Cutting 500 Jobs to “Rightsize” the Company

Twitch Layoffs: Twitch announces layoffs affecting 500 employees, citing the need to "rightsize" the company and align headcount. Financial Rationalization:…

January 11, 2024

OpenAI Unveils GPT Store and ChatGPT Team: Accelerating Growth Amid Leadership Reshuffle

GPT Store Launch: OpenAI introduces GPT Store, allowing users to share and download personalized chatbots, fostering community innovation. ChatGPT Team…

January 11, 2024