By Nivedita Balu (Reuters) -Twitter users voted decisively in a poll for Elon Musk to step down as chief executive of the social media platform, a backlash against the billionaire less than two months after he took over in what…
By Jasper Ward and Brian Ellsworth (Reuters) - The Bahamas should not be blamed for the collapse of bankrupt cryptocurrency platform FTX, the country's foreign minister said on Friday, following repeated accusations by FTX management of alleged misconduct by the…
By Hannah Lang and Doina Chiacu WASHINGTON (Reuters) -Poor management practices and inexperienced leaders led to FTX's implosion, the crypto exchange's new chief executive told lawmakers on Tuesday, shortly after U.S. regulators charged founder Sam Bankman-Fried with defrauding investors. "The…
By David Lawder WASHINGTON (Reuters) -U.S. Trade Representative Katherine Tai said on Monday that her agency is preparing to sign a memorandum of understanding with African Continental Free Trade Area countries to explore work on the next phases of the…
(Reuters) -The world's largest investment banks expect global economic growth to slow further in 2023 following a year roiled by the Ukraine conflict and soaring inflation, which triggered one of the fastest monetary policy tightening cycles in recent times. The…
By Paresh Dave OAKLAND, Calif. (Reuters) - Apple Inc plans to allow users to more tightly lock down photos and notes stored on its iCloud service and require a physical security key when logging in from a new device, it…
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell over 3% on Monday, following U.S. stock markets lower, after U.S. service sector data raised worries that the Federal Reserve could continue its aggressive policy tightening path. Brent crude futures settled…
By David Randall NEW YORK (Reuters) -U.S. retail stocks held steady on Friday as investors watched holiday spending to gauge consumer confidence at a time when inflation and rising interest rates are weighing heavily on Main Street. Consumer discretionary stocks,…
By Medha Singh and Lisa Pauline Mattackal (Reuters) - As the crypto castle crumbles, some true believers say the answer is to double down on DEX. Decentralized exchanges, that is. The spectacular collapse of Sam Bankman-Fried's FTX, a major centralized…
By Sheila Dang, Paresh Dave and Hyunjoo Jin (Reuters) -Hundreds of Twitter Inc employees are estimated to have decided to quit the beleaguered social media company following a Thursday deadline from new owner Elon Musk that staffers sign up for…