Binance Lapses Boosted Terrorists, Hackers, Sanctions Violators
Binance Holdings Ltd. had such lax controls over cryptocurrency transactions on its exchange that terrorists, hackers and sanctions
2023-11-22 19:25
Regulators Are Coming for Rule-Breaking Crypto Founders Like Binance’s CZ
Changpeng “CZ” Zhao has become the latest in a long line of crypto founders facing potentially significant legal
2023-11-22 18:23
Stock That Crashed 95% on Xi’s Edtech Crackdown Is Roaring Back
One of the biggest losers from Chinese President Xi Jinping’s crackdown on the private sector has turned into
2023-11-22 17:57
Broadcom $61 Billion VMWare Deal Wins Chinese Ok With Conditions
Broadcom Inc.’s $61 billion takeover of software maker VMware Inc. won approval from Chinese regulators, albeit with a
2023-11-21 23:48
Delivery Hero Sites Hit by Fresh EU Antitrust Raids
Delivery Hero SE sites in Berlin and Barcelona were hit by a second wave of European Union antitrust
2023-11-21 21:45
Biden joins rival Threads after Musk’s ‘unacceptable’ response to antisemitic conspiracy on X
US president Joe Biden and vice president Kamala Harris joined Instagram’s Threads after the White House said Elon Musk’s sharing of an antisemitic conspiracy theory on X was “unacceptable”. Within an hour of joining the rival Meta-owned platform, Mr Biden’s profile garnered over two million followers. “Folks, it’s President Biden,” the official US president’s account posted on Threads. “You’re hearing from me today from a new platform, but my message to you hasn’t changed: Right now, we face an inflection point – one of those challenging moments in history where the decisions we make today will determine decades to come,” the president said. Several accounts on the X rival app responded to the post, calling for a ceasefire amid Israel’s invasion of Gaza, and posting “Free Palestine” along with words of support for Palestinians. Mr Biden joining Threads ahead of a presidential election could boost the platform’s legitimacy and bring more followers to the app. The White House’s decision comes as X, formerly Twitter, is embroiled in a controversy over the platform’s owner Mr Musk endorsing a post falsely asserting that Jewish people “have been pushing the exact kind of dialectical hatred against whites that they claim to want people to stop using against them”. The conspiracy theory was among the hateful ideas referenced by the gunman who carried out the deadliest antisemitic attack in US history, killing 11 people at a Pittsburgh synagogue in 2018. Mr Musk immediately faced backlash for sharing the post at a time when Jewish people were facing an increasing amount of hostility due to the Israel-Hamas conflict which began on 7 October. “It is unacceptable to repeat the hideous lie behind the most fatal act of antisemitism in American history at any time, let alone one month after the deadliest day for the Jewish people since the Holocaust,” Andrew Bates, a spokesperson for the White House, said in a statement. Watchdog group Media Matters for America said earlier that it found advertisements for companies like IBM, Apple and Oracle were being placed alongside antisemitic content on X. A number of companies, including Apple, Disney, Discovery, Warner Bros, and Paramount Global have paused their ads on X. The latest incident marked yet another effect of X failing to moderate harmful content. It also points to the Biden administration’s efforts to turn to more social media platforms to engage with users ahead of the 2024 presidential elections. Mr Musk responded on Sunday saying X would be filing a “thermonuclear lawsuit” against Media Matters “and all those who colluded in this fraudulent attack on our company.” Responding to the Tesla Titan’s post, Media Matters president Angelo Carusone called Mr Musk a “bully who threatens meritless lawsuits”. “Musk admitted the ads at issue ran alongside the pro-Nazi content we identified. If he does sue us, we will win,” Mr Carusone said. X has not responded to The Independent’s request for comment. Read More Musk files defamation suit against Media Matters over Nazi X post claims Elon Musk and Trump aide want journalists jailed over X Hitler exposé Elon Musk insists he’s not antisemitic after sharing antisemitic post SpaceX Starship rocket loses contact after reaching space: Live updates Disney, Apple suspend ads on Musk’s X after he agrees with antisemitic tweet SpaceX to launch world’s biggest rocket again after first attempt ended in explosion
2023-11-21 16:24
South Africa’s Telkom in Exclusive Talks to Sell Towers to PE Firm
Telkom SA SOC Ltd. is in advanced talks to sell its tower assets to a private equity firm.
2023-11-21 14:53
Philippines Eyes Use of Digital Currency in Sovereign Bond Sales
The Philippines’ Bureau of the Treasury is looking to team up with the central bank to expand the
2023-11-21 14:45
Crypto Boosted by Possible End to US Criminal Probe of Binance
The prospect of a resolution of the US criminal investigation into Binance, crypto’s linchpin exchange, led to a
2023-11-21 14:25
India Closer to Agreement With Tesla to Import EVs, Set Up Plant
India is closing in on an agreement with Tesla Inc. that would allow the US automaker to ship
2023-11-21 14:16
Japan Warns North Korea After Getting Notice of Satellite Launch
Prime Minister Fumio Kishida called on North Korea to halt its plans to launch a satellite after Japan
2023-11-21 08:50
Milei’s Dollarization Gets First Test as Argentine Banks Reopen
Javier Milei couldn’t have hoped for a better reception from investors on his first day as Argentina’s president-elect.
2023-11-21 07:54