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2 mins read

UK bank Standard Chartered is setting up a cryptocurrency exchange as rival HSBC decides not to offer digital currencies to clients

"We have a strong conviction that digital assets are here to stay," said the head of the StanChart …

Carla Mozée   


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28-year-old billionaire Austin Russell acquires 82% stake in Forbes

Austin Russell, 28-year-old Chairman and CEO of automotive technology company Luminar Technologies,…

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1 min read

The 11 creepiest technologies that exist today

But it's not all silicon and sunshine - our future has a healthy dose of "Black Mirror," thanks to …

Dave Johnson   


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1 min read

9 subtle ways technology is making humanity worse

While we owe a debt of gratitude to the brilliant minds who have gifted us such innovations, it wou…

Chelsea Greenwood   


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2 mins read

Elon Musk jokingly admitted that he is actually Hank Scorpio, the maniacal, world domination-obsessed supervillain from 'The Simpsons'

Musk has previously been compared to other supervillains such as Superman nemesis Lex Luthor, and h…

Sahar Esfandiari   


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2 mins read

The federal agency that sued Elon Musk for fraud questioned Tesla's accounting this year

The agency also wrote to Tesla's legal team on September 17, seeking unredacted copies of some fina…

Theron Mohamed   


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2 mins read

SoftBank is reportedly under fire from investors after its WeWork debacle

SoftBank slashed its valuation of WeWork by more than 80% to less than $5 billion in the three mont…

Theron Mohamed   


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Alibaba soars more than 6% on Hong Kong debut

"After months of protests, and the London Stock Exchange's dismissive rejection of Hong Kong Stock …

Yusuf Khan   


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2 mins read

'Rigged and corrupt' - Elizabeth Warren blasted Adam Neumann's $1.7 billion golden parachute after WeWork announced job cuts

Neumann is poised to net up to $970 million by selling WeWork stock to SoftBank during a tender off…

Theron Mohamed   


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4 mins read

Theron Mohamed   


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2 mins read

Adam Neumann's $1.7 billion golden parachute could be slashed as SoftBank looks to trim its WeWork rescue deal

SoftBank's tender offer was scheduled to begin more than two weeks ago on November 6, The Real Deal…

Theron Mohamed   


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2 mins read

The WeWork fiasco might cost SoftBank a $2.8 billion loan from Japan's biggest banks

Because of the performance of both WeWork and to a lesser extent Uber, investors at the banks are g…

Yusuf Khan   


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Bitcoin plunges below $8,000 after 7 straight days of declines

PayPal's former president and tech investor Roelof Botha said Bank of America closed his account wi…

Theron Mohamed   


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2 mins read

Facebook's Libra launch was 'ridiculously stupid,' blockchain boss says

Libra has drawn intense scrutiny from government regulators, prompting launch partners including Vi…

Theron Mohamed   


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1 min read

A secretive $120 billion hedge fund has bested Warren Buffett again and again. These are its 10 biggest holdings.

Renaissance Technologies, which was created by Jim Simons, counts Chipotle and Facebook among its l…

Theron Mohamed   


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2 mins read

PayPal's former finance chief says Bank of America closed his account with 'absolutely no explanation'

Tron and BitTorrent CEO Justin Sun - who famously paid $4.6 million for a charity lunch with Warren…

Theron Mohamed   


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2 mins read

SoftBank is reportedly close to taking over a fancy London members' club that WeWork also wanted to rent

The Japanese conglomerate - which struck a $9.5 billion rescue deal to take over WeWork last month …

Theron Mohamed   


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2 mins read

'Masa is a Jedi' - Adam Neumann reportedly compared WeWork to Amazon on the advice of SoftBank's Son

WeWork's cofounder and then-CEO presented the coworking startup to a handful of Wall Street analyst…

Theron Mohamed   


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3 mins read

'The last person I felt this with was Jack Ma' - SoftBank's Masayoshi Son reportedly compared WeWork's Adam Neumann to Alibaba's founder

Son and Neumann's relationship began at an event called Startup India in January 2016, Fast Company…

Theron Mohamed