U.S. prosecutors stated in a court document on Tuesday that Changpeng Zhao, the creator of Binance, the biggest cryptocurrency exchange in the world, should spend 36 months in jail after entering a guilty plea to breaking laws prohibiting money laundering.   Zhao resigned as CEO of Binance...

A plan that would have given TikTok's Chinese owner, ByteDance, approximately a year to sell up the U.S. assets of the short-video app or risk a statewide ban was passed by the U.S. House of Representatives on Saturday. The Senate will now consider it, and in the upcoming days, a vote on it...

A Florida jury found that the ovarian cancer that killed a Florida woman in 2019 was not brought on by Johnson & Johnson's baby powder talc product.   Patricia Matthey, a resident of Sarasota County, used Johnson's baby powder every day from 1965 until August 2016, when her family...

According to Nikkei Asia, which quotes US officials, South Korean electronics giant Samsung Electronics would double its investment in the US from $17 billion to roughly $45 billion and get up to $6.4 billion in support from the US government. Samsung intends to construct two chip facilities...

The European Commission authorized American Illumina Inc.'s plan to sell the company that developed the Grail cancer detection tests, according to a press release from the EC. The sale will make Grail independent, enabling it to continue competing in the market, according to the regulator. EU...

International Data Corporation (IDC) claims that South Korean corporation Samsung was the world's leading smartphone seller as of the first quarter of 2024. Apple Inc., based in the United States, took the lead for the first time by the end of 2023. According to a preliminary assessment by IDC,...

Spot bitcoin exchange-traded funds may debut in Hong Kong this month, with the first approvals probably being revealed the following week, according ot reports quoting information from two sources with knowledge of the matter.   That schedule, which is far faster than industry forecasts of...

According to a research released on Tuesday, a number of the largest listed businesses' combined carbon emissions reduction objectives are too low, which means they are not doing enough to mitigate the most severe effects of climate change.   According to a survey conducted by Carbon Market...

Ahead of the US elections that will put its capacity to monitor misleading content produced by emerging artificial intelligence technology to the test, Facebook's parent company Meta announced significant modifications to its regulations on digitally created and edited media on Friday.  ...