In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Brian Armstrong, CEO of Coinbase, slammed the U.S. Securities and Exchange Commission. He also said the cryptocurrency exchange is looking to invest more outside of the U.S. Carlos Jasso | Bloomberg | Getty Images Shares of cryptocurrency exchange Coinbase surged about 14% Tuesday morning as
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Both Microsoft and Google’s parent company, Alphabet, have both reported higher than expected revenue in their latest quarterly results. Microsoft recorded revenue in the three months to the end of September of $56.5bn (£46.4bn), a 13% rise on the same period last year and better than the $54.5bn (£44.8bn) predicted by analysts. It credited the
The government will stop using 50 hotels for asylum seekers by January, Sky News understands. Ministers are expected to make the announcement as they continue attempts to reduce the amount of money being spent on accommodation that houses people waiting for a decision on their applications. But many hotels will still be in use –
The cap on bankers’ bonuses is to be abolished, the financial services regulatory body has announced. From 31 October, EU rules that limit bonus payments to twice a banker’s salary will be removed, the Prudential Regulatory Authority (PRA) said. The policy change was initially announced by former chancellor Kwasi Kwarteng in the infamous September mini-budget
Israel is taking its time before launching a ground invasion into Gaza as troops would have “fallen into a deadly trap” set by Hamas had they entered too quickly, a top Israeli diplomat has said. Emmanuel Nahshon, a senior official at the country’s foreign ministry, said it was also “not a bad thing” for the
Donald Trump compared himself to Nelson Mandela as he addressed his legal issues in a speech at his latest campaign rally. The former US president likened himself to the anti-apartheid activist on Monday as he claimed he is being targeted by federal and state prosecutors because of his politics. Mr Trump is currently facing four
The British-based families of people killed or taken hostage in Hamas’s 7 October attack on Israel have spoken of their grief. Speaking at a press conference in London, Ayelet Svatitzky, whose brother was killed in a raid on his kibbutz in southern Israel, said her “life stopped” on 7 October. Her other brother and mother
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. Sponsored by AMP: The AMP all-in-one energy management system offers an ecosystem for next-gen technology in micro-mobility, automotive, ridesharing, drones, heavy industrial machinery, and high-speed transportation. Learn More. New episodes
“We call today’s children ‘Generation AI’ because they are surrounded by AI almost everywhere they go, and AI models make decisions that determine the videos they watch online, their curriculum in school, the social assistance their families receive, and more,” Seth Bergeson, fellow at the World Economic Forum who led their “AI for Children” project,
An MP was prevented from boarding a flight to Canada “because his name was Mohammad”, the Commons has been told. Mohammad Yasin, the Labour MP for Bedford, was due to fly to Canada last week with a group of other MPs from the Commons Levelling Up, Housing and Communities Committee when he was held back
The key Hamas negotiator over the fate of more than 200 hostages held by the group inside Gaza says all the civilians among them will be released – if the right conditions are met. Khaled Meshaal is a powerful figure within Hamas, revered as a living martyr after surviving an Israeli attempt to assassinate him
An off-duty pilot has been arrested and charged with 83 counts of attempted murder after allegedly trying to shut down a plane’s engines during a flight, causing the pilot to divert the aircraft. The 44-year-old man, who was sitting in the spare seat of the cockpit, was “subdued” by the two pilots flying the aircraft
The 100 Ah Factorial Electrolyte System Technology (FEST) solid-state battery cell / Credit: Factorial Energy Solid-state battery developer Factorial Energy announced it has begun operations at its new state-of-the-art facility in Massachusetts. The new facility serves as a key milestone as Factorial looks to scale its solid-state technology for EV implementations. Factorial Energy is a Massachusetts-based
In this article AMZN MSFT GOOG AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook takes a dip in the crowd after the presentation of the new iPhone 15. Christoph Dernbach | Picture Alliance | Getty Images Apple is on track to spend $1 billion per year on developing its generative artificial intelligence
The voluntary real living wage – paid by more than 14,000 companies in the UK – is to rise by 10% as low-paid workers continue to struggle with the cost of living. The Living Wage Foundation, which sets the rate, announced it would increase to £12 across the UK, except for in London where it
Israel has evidence of Iranian “involvement” in the Hamas terror attack that left more than 1,400 people dead and over 200 kidnapped, a senior Israeli military officer has said. Major General Michael Edelstein, a veteran commander who is working with the Israel Defence Forces’ (IDF) Southern Command, said the attackers, were “well trained, well equipped”.
Except on rare occasions – last year’s post-Liz Truss mini-budget episode being one of them – the bond market rarely garners as much attention as other financial sectors. Yet these markets, where companies and governments come to borrow, are the foundations for the global economy. In particular, the value of government bonds – and hence
The commissioner of the Metropolitan Police says laws for tackling extremism may need to be redrawn in light of pro-Palestinian protests around the Israel-Hamas war. Sir Mark Rowley said it was for politicians to decide on “the line of the law” and for the police to enforce it. However, he said recent events were “illustrating
More than a million children experienced the most extreme form of poverty last year, according to a new report that slams such “horrifying levels of destitution” as a political choice. According to the Joseph Rowntree Foundation (JRF), the number of people experiencing these levels of poverty in the UK has increased by 61% between 2019
A government pledge to ban no-fault evictions could face long delays after Michael Gove told his backbenchers he would not enact the policy until courts have been reformed. A promise to outlaw Section 21 evictions was made by the Conservatives in its 2019 manifesto – although the plan was only confirmed in May this year