Representative French Hill, a Republican from Arkansas, left, speaks during a press conference on Capitol Hill in Washington, DC, July 24, 2018. Zach Gibson | Bloomberg | Getty Images Republican lawmakers announced late Thursday the launch of a new subcommittee that will oversee the crypto and fintech industries, the first of its kind in the … Read more
Sam Bankman-Fried ordered the co-founder of his cryptocurrency exchange FTX to create a ‘secret’ backdoor that allowed his hedge fund Alameda Research to borrow $65 billion in money from clients without their knowledge. permission, according to accounts of the company’s implosion. Gary Wang was asked to create a secret line of credit using funds from … Read more
WASHINGTON, Jan 13 (Reuters) – The U.S. Department of Energy said on Friday it would lend ioneer Ltd (INR.AX) up to $700 million to build its Rhyolite Ridge lithium mining project in Nevada, a major step forward in President Joe Biden’s plan. develop a domestic supply chain of electric vehicles. Shares of Ioneer rose 16.3% … Read more
Apple CEO Tim Cook will take a pay cut of more than 40% this year from a year earlier as the company adjusts how it calculates his compensation partly based on a recommendation from Cook himself. Apple Inc. said in a regulatory filing late Thursday that Cook’s target total compensation was $49 million for 2023, … Read more
CNN — In the Boston labs, old blind mice regained their sight, developed smarter, younger brains, and built healthier muscle and kidney tissue. On the other hand, the young mice aged prematurely, with devastating results for almost every tissue in their bodies. Experiments show that aging is a reversible process, capable of being driven “back … Read more
BEIJING, China, Jan 13 (Reuters) – China has acquired minority stakes with special rights in two domestic units of tech giant Alibaba Group Holding Ltd (9988.HK), according to company registration records, so that Beijing is extending its campaign to tighten control over the Internet. contents. Beijing has taken “preferred shares” in private online media and … Read more
Signage is seen on the Chamber of Commerce building in the Manhattan borough of New York, New York, U.S. April 21, 2021. andrew kelly | Reuters A leading business advocacy group has pledged to sue the Federal Trade Commission if it follows through on a proposal to ban non-competition clauses in workers’ contracts — an … Read more
WWE Chairman and CEO Vince McMahon speaks during a press conference announcing the WWE Network at the 2014 International CES in Las Vegas. Getty Images All Elite Wrestling, a professional wrestling league owned by the Khan family, wants to merge with World wrestling entertainmentaccording to people familiar with the matter. The Khans, who also own … Read more
Apple Inc. CEO Tim Cook speaks during a “First Tool-In” ceremony at the TSMC facility under construction in Phoenix, Arizona on Tuesday, Dec. 6, 2022. Caitlin O’Hara | Bloomberg | Getty Images Apple CEO Tim Cook will receive a pay cut in 2023 to $49 million in total compensation, the company said in a filing … Read more
Apple Inc. CEO Tim Cook speaks during a “First Tool-In” ceremony at the TSMC facility under construction in Phoenix, Arizona on Tuesday, Dec. 6, 2022. Caitlin O’Hara | Bloomberg | Getty Images Apple CEO Tim Cook will receive a pay cut in 2023 to $49 million in total compensation, the company said in a filing … Read more