The owner of China-based cryptocurrency exchange Bitzlato was arrested in Miami on Wednesday, along with five associates in Europe, during an international operation against "darknet" markets.. "Overnight, the Department worked with key partners here and abroad to disrupt Bitzlato, the China-based money laundering engine that fueled a high-tech axis of cryptocrime, and to arrest its founder," she said.
A lawyer for angry Tesla investors told a California courtroom on Wednesday that CEO Elon Musk "lied" about having funding in place to take the company private, costing his clients millions of dollars.. "And his lies cost regular people like Glen Littleton to lose millions and millions of dollars," Porritt added in opening remarks.
Former US president Donald Trump is urging Facebook to reinstate his account two years after it was deactivated, his aides said Wednesday, as he gears up for a third bid for the White House.. New Twitter owner Elon Musk reinstated Trump's account last November, days after the tycoon announced his decision to run for another term in the White House.
The waning Covid pandemic in many parts of the world helped put people in a celebratory mood, industry leaders said Wednesday, driving 2022 Champagne sales to an all-time high above six billion euros.. The double-digit increase in revenue -- up from 5.5 billion euros in 2021 -- was also thanks to having moved further up-market with pricier vintage Champagnes, said the industry association Comite Champagne.
US authorities said Wednesday they had arrested the owner of China-based cryptocurrency exchange Bitzlato for alleged money laundering, hailing the move as a global "blow to the cryptocrime ecosystem.". "Overnight, the Department worked with key partners here and abroad to disrupt Bitzlato, the China-based money laundering engine that fueled a high-tech axis of cryptocrime, and to arrest its founder, Russian national Anatoly Legkodymov."
A rich Briton is among a group of millionaires in Davos pushing for governments to tax those like him more in order to bridge a wealth gap he warns is fragmenting the world.. White added: "We see this fragmented world but it is wealth that is fragmenting the world."
Microsoft on Wednesday said it would lay off 10,000 employees in the coming months as the economic downturn continues to punish US tech giants.. The wave of firings in the tech sector have been rewarded by the stock market that had grown increasingly concerned about overspending by the US tech giants.
German airline giant Lufthansa submitted a fresh offer Wednesday for Italy's troubled ITA Airways, bringing a turbulent takeover process closer to the finish line.. The German group -- which also owns Swiss, Brussels and Austrian Airlines -- has always made clear it was interested in a "true privatisation" of ITA Airways.
Microsoft on Wednesday said it would lay off 10,000 employees in the coming months as the economic downturn continues to punish US tech giants.. Asked about the layoffs just ahead of the announcement, Microsoft CEO Satya Nadella said that "no one can defy gravity" and pointed to high inflation that was affecting economic growth around the world.
Retail sales in the United States slumped for a second straight month in December, according to data released Wednesday, as consumers grow cautious on economic uncertainty and measures to ease demand bite.. But "more recently we think people have become more cautious in the face of increased economic uncertainty and sharply higher borrowing costs," he added. bys/caw
