Financial

Bill Gates Pledges US$20 Billion Donation, Plans To Drop Off World Rich List

Microsoft founder Bill Gates has pledged a $20 billion donation to his philanthropic fund, and the billionaire also hinted at plans to "drop off" the world's list of the richest people.

FTX Has A “Few Billions” To Support Struggling Crypto Firms, Bankman Fried

Crypto expert and head of one of the world's largest crypto exchanges Sam Bankman-Fried said he and his company still have a "few billion"...

New Crypto Anti Money Laundering Rules Get EU Backing

The European Union reached a provisional agreement on Wednesday on anti-money laundering rules for cryptocurrencies. This would compel crypto firms to check their customers'...

Attacker Install Skimmers On Bank of the West Debit Cards

An investigation into a suspicious withdrawal attempt in 2021 found that an attacker had installed skimmers on several Bank of the West ATMs. The ATM...

Ransomware Insurance? Check The Fine Print

Ransomware insurance is slowly gaining prominence in the market as a means to enhance protection against the devastating effects of a ransomware attack.  Depending on...

Analysts Slash Revenue Estimates For Tech Companies

Research firm MoffettNathanson has lowered its 2025 estimates for top digital companies by double-digit percentages. These platforms include Alphabet, Meta, Snap and Twitter. These platforms...

Amazon Forecast A Bleak Outlook For Q2

Amazon forecast a bleak outlook for the second quarter after the delivery giant faced several challenges that led to higher costs. Amazon forecast second-quarter net...

U.S. Startup Ghost Financial To Invest In “Ghost Kitchens”

Texas-based financial startup, Ghost Financial has announced plans to invest in the growing sector of "ghost kitchens." Ghost kitchens are restaurants created for the...

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