When Steve Jobs recruited Tony Fadell to build the iPod in 2001, the record business was in freefall, with CD sales savaged by the rise of digital piracy. Apple itself was struggling to revive its clout as Jobs broadened the portfolio beyond computers in his second tour as CEO.
How 2 friends at Bain spotted a big compliance risk in the crypto industry — and raised $2.8 million from CRV and Y Combinator to help fix it
Compliance-software startup Argus, backed by Y Combinator and CRV, helps crypto firms safeguard against insider trading. It's raised $2.8 million.
Overshadowed by failures, crypto hacking exacts higher price
The cryptocurrency industry is circling the wagons in defense as hackers siphon more money from the sector each year. Hackers made off with more than $3 billion in digital assets so far this year, ...
Gold will hit $3,000 an ounce and the dollar will surge 50% against the Japanese yen. Here are the 10 outrageous 2023 predictions from one European bank
The UK voting to undo Brexit and at least one country banning all meat products are also on Saxo Bank's list of wild predictions for 2023.
Japan shares higher at close of trade; Nikkei 225 up 0.24%
Japan equities were higher at the close on Tuesday, as gains in the Retail, Mining and Shipbuilding sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 rose 0.24%. The biggest ...
Japanese shares end higher as chip stocks, exporters gain
TOKYO: Japanese shares closed slightly higher on Tuesday, supported by gains in chip-related stocks and as exporters advanced after the yen weakened against the dollar overnight. The Nikkei share ...
Japan’s Rising Defense Budget Is Now Nearly on Par With Russia
Japanese Prime Minister Fumio Kishida has ordered a sharp defense spending hike that could see his long-pacifist country’s defense budget balloon to near the levels spent by Russia.
Japan finmin vows to respond to rapid yen strength if necessary
Japan will respond to sharp yen moves appropriately as needed, Finance Minister Shunichi Suzuki said on Tuesday, when asked whether the country would intervene in the currency market to stem sharp yen ...
FTX Japan would let customers withdraw funds … if only anyone could log in
Add a busted tech platform to the list of the company's sins FTX's Japanese outpost has teased good news for investors in the collapsed and disgraced trading platform – then dashed their hopes.… The ...
Exclusive-Goldman Sachs on hunt for bargain crypto firms after FTX fiasco
Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit valuations and dampened investor interest. FTX's implosion has ...
Legal advisers wade into crypto contagion
Lawyers are grappling with fallout from the collapse of FTX and its domino effects in the cryptocurrency sector ...
KuCoin Hires Auditor To Deliver Report On Exchange’s Reserves: Which Crypto Holdings Will Be Analyzed?
Major cryptocurrency exchange KuCoin has hired auditor Mazars to confirm its proof of reserves in a third-party factual findings report, days after rival exchange Binance did the same. According to a ...
Japanese stocks inch higher as chip makers, exporters gain
Japanese shares inched higher on Tuesday, underpinned by gains in chip-related stocks and as exporters advanced after the yen weakened against the dollar overnight. The Nikkei share average rose 0.29% ...
Bank of Japan seen to ditch yield cap next year as inflation perks up
TOKYO - The Bank of Japan (BOJ) may abandon its 10-year bond yield cap as early as next year on growing prospects that inflation and wages will overshoot expectations, said Takeo Hoshi, an academic ...
Bitcoin Lags as Unwinding of ‘Fed Trade’ Lifts US Stocks Above 200-Day Average
Unless you have been underwater for over a year, you probably know that selling risk assets like U.S. stocks and bitcoin (BTC) and buying the ...
Warren Buffett-Backed BYD To Sell EVs In Japan By Early 2023
After announcing its Mexico foray, Warren Buffett-backed BYD Co.‘s (OTC:BYDDF) Japanese division said it would start selling its first battery electric vehicles in the country early next year. What ...