(Reuters) -U.S.-based crypto exchange Kraken said on Wednesday it would cease its operations in Japan next month, citing the current market conditions in the country and a weak crypto market globally.[...]
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Technology
Sam Bankman-Fried to enter plea in FTX fraud case
By Jonathan Stempel NEW YORK (Reuters) – Sam Bankman-Fried is expected to enter a plea next week to criminal charges he defrauded investors and looted billions of dollars in customer funds at hi[...]
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Instacart cuts internal valuation to $10 billion- The Information
(Reuters) – Grocery delivery start-up Instacart has cut its internal valuation to $10 billion, the Information reported on Tuesday, citing two people familiar with the situation. The company, wh[...]
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FTX customers file class action to lay claim to dwindling assets
By Tom Hals and Dietrich Knauth (Reuters) – FTX customers filed a class action lawsuit against the failed crypto exchange and its former top executives including Sam Bankman-Fried on Tuesday, se[...]
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Elon Musk says around 100 Starlinks now active in Iran
(Reuters) – SpaceX Chief Executive Elon Musk said on Monday that the company is now close to having 100 active Starlinks, the firm’s satellite internet service, in Iran, three months after[...]
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Twitter restores suicide prevention feature after Reuters report
By Kenneth Li, Paresh Dave and Sheila Dang NEW YORK (Reuters) -Twitter Inc has restored a feature that promotes suicide prevention hotlines and other safety resources to users looking up certain conte[...]
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U.S. House administration arm bans TikTok on official devices
By Moira Warburton (Reuters) – The popular Chinese video app TikTok has been banned from all U.S. House of Representatives-managed devices, according to the House’s administration arm, mim[...]
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AMC CEO asks for salary freeze in 2023 as shares slump
(Reuters) – AMC Entertainment Holdings Chief Executive Officer Adam Aron on Tuesday asked the theater chain operator’s board to freeze his compensation next year because of a sharp drop in[...]
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U.S. probes how $370 million vanished in hack after FTX bankruptcy – Bloomberg News
(Reuters) – Federal prosecutors are investigating an alleged cybercrime that drained more than $370 million from crypto exchange FTX hours after it filed for bankruptcy, Bloomberg News reported[...]
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