Paypal shares down 25 per cent as 4.5m illegitimate accounts shut down February 3, 2022 Paypal has closed 4.5m illegitimate accounts and lowered its new customer forecast causing shares to lose a quarter of their value overnight.
UK crypto industry balks at new tax rules for decentralized finance February 3, 2022 The UK's crypto industry is up in arms over new tax rules issued by HMRC on lending and staking assets on decentralized finance platforms.
FTSE-100 flat as investors await BoE rate decision February 3, 2022 London's premier index has opened flat today as investors await the Bank of England's decision on a rate hike.
Playtech shares jump 10 per cent on news of fresh takeover bid February 3, 2022 Playtech's share price has soared 10.6 per cent after it was revealed that TTB Partners is angling to make a fresh takeover bid.
Australia’s richest man files lawsuit against Facebook over scam ads February 3, 2022 Facebook is in hot water once again after an Australian billionaire launched legal proceedings against parent company Meta. Iron ore magnate Andrew Forrest today confirmed the launch of criminal proceedings against Meta in an Australian court, alleging that it breached anti-money laundering laws and let its platform be used to scam Australians. The Fortescue metals [...]
BT in negotiations with US rival Discovery to create new sports channel February 3, 2022 BT has revealed it is in exclusive negotiations with US media giant Discovery to create a joint venture for its sports business.
Reddit co-founder launches $500m crypto VC fund February 2, 2022 Reddit co-founder Alexis Ohanian has raised $500m across two new VC funds focussed primarily on crypto startups.
GSK set to gain $1.25bn in HIV patent settlement with Gilead February 2, 2022 GSK is set to benefit from a whopping $1.25bn payment as part of a settlement between drug maker Gilead and its HIV department.
El Salvador enlists US firm to fix government issued Bitcoin wallets February 2, 2022 El Salvador is enlisting US technological expertise to help fix bugs causing government issued bitcoin wallets to malfunction.
Playtech investors block £2.7bn Aristocrat takeover bid February 2, 2022 The contest to snap up Playtech has taken a fresh turn with shareholders on track to block a takeover bid approved by the board.
