German prosecutors have confiscated more than €50-million worth of bitcoin from a fraudster. There’s only one problem: They can’t unlock the money because he won’t give them the password.
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Cryptocurrency dogecoin surged more than 50% on Thursday after billionaire entrepreneur Elon Musk tweeted his support for it, two days after he said he was to take a break from Twitter “for a while”.
The European Union and the UK are preparing to launch “in-depth” investigations into Nvidia’s proposed US$40-billion acquisition of chip designer ARM from SoftBank Group, the Financial Times reported.
US President Joe Biden’s nominee for commerce secretary, Gina Raimondo, said she knows of “no reason” why Huawei Technologies and other Chinese companies shouldn’t remain on a restricted trade list.
A surprise chat between tech billionaire Elon Musk and Robinhood CEO Vlad Tenev on new audio-based social network Clubhouse has helped propel the app to the top of the start-up charts.
Kia Motors jumped as much as 14.5% after a local media report that Apple will invest the equivalent of $3.6-billion as part of a collaboration with the Korean car maker on making electric vehicles.
Tencent Holdings on Wednesday named 37 companies it had blacklisted from future contracts and said it has fired more than 100 staff over embezzlement and bribery incidents.
Amazon.com founder Jeff Bezos will step down as CEO and become executive chairman, naming the head of its lucrative cloud computing division as successor.
ByteDance is suing Tencent Holdings over alleged monopolies in its WeChat and QQ platforms, escalating a feud between the leading Chinese social media giants.
Xiaomi filed a complaint in a Washington against the US defence and treasury departments, seeking to remove the Chinese smartphone maker from an official list of companies with ties to China’s military.