Category Archives: (KFGO The Mighty 790) Technology
Meta will begin laying off employees on Wednesday morning – WSJ
(Reuters) -Meta Platforms Inc will begin laying off employees on Wednesday morning, Chief Executive Mark Zuckerberg told hundreds of executives on Tuesday, the Wall Street Journal reported. Zuckerberg...
Syndicated Content Nov 08, 2022
U.S. changes sanction reasons on virtual currency service Tornado Cash
WASHINGTON (Reuters) - The U.S. Treasury has broadened its justification for sanctioning virtual currency mixing service Tornado Cash on allegations it supports North Korea, despite criticism from use...
Syndicated Content Nov 08, 2022
Marketmind: Another tick in the vol … this time higher
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. There's a meltdown in the Wild West of crypto, equity markets lose their recently-found Mojo, volatility spi...
Syndicated Content Nov 08, 2022
Factbox-Corporate America leans on job cuts as recession fears mount
(Reuters) - Corporate America is cutting thousands of jobs to rein in costs amid tightening monetary policy and growing fears of a recession. Job cuts announced by U.S.-based employers jumped 13% to 3...
Syndicated Content Nov 08, 2022
Elon Musk’s net worth slips below $200 billion as Tesla shares waver
(Reuters) - Elon Musk's net worth dropped below $200 billion on Tuesday as investors dumped Tesla Inc shares on fears the top executive and largest shareholder of the world's most valuable electric-ve...
Syndicated Content Nov 08, 2022
Crypto exchange FTX saw $6 billion in withdrawals in 72 hours -CEO message to staff
By Tom Wilson and Angus Berwick (Reuters) -Crypto exchange FTX saw around $6 billion of withdrawals in the 72 hours before Tuesday morning, according to a message to staff sent by its CEO Sam Bankman-...
Syndicated Content Nov 08, 2022
Stellantis to halt Melfi plant operations in Italy for two days
MILAN (Reuters) -Stellantis will halt operations at its Melfi plant in southern Italy on Wednesday and Thursday due to a shortage of a component that uses micro chips, a trade unionist said. Marco Lom...
Syndicated Content Nov 08, 2022
Telecom Italia CEO sticks to turnaround plan as govt weighs alternatives
MILAN (Reuters) - The head of Telecom Italia (TIM) on Tuesday signalled he still backed a turnaround plan centred on the spinoff of its landline grid in the face of an alternative project championed b...
Syndicated Content Nov 08, 2022
EU antitrust regulators to probe Microsoft’s $69 billion Activision bid
BRUSSELS (Reuters) - EU antitrust regulators on Tuesday opened a full-scale investigation into Microsoft's $69 billion bid for "Call of Duty" maker Activision Blizzard, warning the deal may hurt compe...
Syndicated Content Nov 08, 2022
Binance to acquire FTX to cover liquidity crunch
By Hannah Lang (Reuters) -Binance Chief Executive Changpeng Zhao said on Tuesday the company had signed a non-binding agreement to buy rival FTX's unit, FTX.com, to help cover a "liquidity crunch" at ...
Syndicated Content Nov 08, 2022

