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Category: TECHNOLOGY

TECHNOLOGY

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FTX founder Sam Bankman-Fried to be released on $250mn bond
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FTX founder Sam Bankman-Fried to be released on $250mn bond

  • December 22, 2022
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The 30-year-old former head of the failed cryptocurrency exchange is accused by prosecutors of allegedly carrying out “one of the biggest financial frauds in US […]

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FTX boss Sam Bankman-Fried arrives in US to face charges

  • December 22, 2022
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Sam Bankman-Fried, former boss of failed cryptocurrency exchange FTX, has arrived by plane in New York from the Bahamas to face fraud charges. The 30-year-old […]

China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft
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China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft

  • September 7, 2022
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A man rides an electric bike past the Tencent headquarters in Nanshan district of Shenzhen, Guangdong province, China September 2, 2022. REUTERS/David Kirton Tencent Holdings […]

Gulf states demand Netflix pull content deemed offensive
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Gulf states demand Netflix pull content deemed offensive

  • September 7, 2022
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Signage at the Netflix booth is seen on the convention floor at Comic-Con International in San Diego, California, U.S., July 21, 2022. REUTERS/Bing Guan/File Photo […]

Saudi GDP up 12.2% in second quarter, exceeding initial estimate
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Saudi GDP up 12.2% in second quarter, exceeding initial estimate

  • September 7, 2022
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A view shows vehicles driving on a street in Riyadh, Saudi Arabia February 16, 2021. Saudi Arabia’s real gross domestic product expanded by 12.2% in […]

Dubai plans to cut carbon emissions 30% by 2030 – Govt media office
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Dubai plans to cut carbon emissions 30% by 2030 – Govt media office

  • February 6, 2022
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Dubai plans to cut carbon emissions by 30% by the end of 2030, the emirate’s government media office said on Sunday on its website. The […]

Engineering honours magnet pioneer
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Engineering honours magnet pioneer

  • February 1, 2022
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IMAGE SOURCE, SCIENCE PHOTO LIBRARYImage caption,  Neodymium-iron-boron is the strongest permanent magnet material in wide-scale use today Name a technology that is all around us, underpins […]

Sony to buy Destiny developer Bungie for $3.6bn
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Sony to buy Destiny developer Bungie for $3.6bn

  • February 1, 2022
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Japanese technology giant Sony says it will buy video game developer Bungie in a deal worth $3.6bn (£2.7bn).  Sony says Bungie, best known for the […]

Toshiba says has restarted some chip production at quake-hit plant
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Toshiba says has restarted some chip production at quake-hit plant

  • January 26, 2022
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Toshiba Corp on Wednesday said it had partially restarted production at a semiconductor plant in Oita, southern Japan, that was halted after a strong earthquake hit […]

Crypto giant Binance kept weak money-laundering checks even as it promised tougher compliance, documents show
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Crypto giant Binance kept weak money-laundering checks even as it promised tougher compliance, documents show

  • January 21, 2022
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In public, Binance said it welcomed government oversight. At the same time, the firm was withholding information from regulators, maintaining weak checks on customers and […]

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