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China stocks jump on signs of regulatory easing, fewer covid restrictions

Alibaba stock jumped Wednesday, as did other China internet companies as government officials signaled a softening of restrictive regulations The post...

January 4, 2023, 11:36 am

Meta fined over $400 million by eu for alleged personal data collection violation

A European Union privacy regulator fined Facebook and Instagram parent company Meta more than $400 mill...

January 4, 2023, 11:29 am

Illumina: a growth stock in waiting

Spinning off is easy, getting back together is hard—at least if you are trying to do it under the wary eyes of regulators on two continents....

January 4, 2023, 11:13 am

Coinbase reaches $100m settlement over background check failures

New York financial regulators have found that the popular cryptocurrency exchange Coinbase violated anti-money laundering laws by failing to conduct a...

January 4, 2023, 11:12 am

Meta fined for forcing users to agree to personalised adverts

Meta has been hit with a €390m fine (£343m) fine by European regulators for forcing users to agree to personalised adverts....

January 4, 2023, 11:11 am

Coinbase reaches $100 million settlement with regulators for conducting inadequate background check

(Kitco News) - Coinbase has agreed to a $100 million settlement to resolve charges that it allowed accounts to be created without conducting proper ba...

January 4, 2023, 11:00 am

Meta fined more than $400 million by irish regulator over eu privacy breaches

The Irish Data Protection Commission fined Meta over $400 million Wednesday after finding its Facebook and Instagram services breached EU privacy rule...

January 4, 2023, 10:54 am

Coinbase will pay $100 million after regulators find 'significant failures' heightened risk of criminal activity

Regulators allege Coinbase "did the bare minimum" to verify customer information and overlooked information that was "on its face clearly inaccurate."...

January 4, 2023, 10:26 am

Salesforce to cut 10% of workforce after hiring 'too many people' during the pandemic

Salesforce Inc. shares gained over 3% at the open on Wednesday after the cloud-based software company said it would be reducing its workforce by 10% ...

January 4, 2023, 10:01 am

Coinbase stock surges after $100 million settlement with regulators

Coinbase agrees to pay New York regulators $50 million and invest $50 million over two years in its compliance program....

January 4, 2023, 9:50 am

Alibaba, other china adrs surge as ant group capital plan approval fuels hope for relaxing scrutiny

Ant Group, which previously had its own IPO plans scuttled by regulatory concerns, was allowed to double its registered capital as part of the new pla...

January 4, 2023, 7:54 am

Up fintech, futu under pressure to go global as regulatory bomb blows up in china

China's securities regulator said UP Fintech and Futu were operating illegally by failing to get broker...

January 4, 2023, 1:15 am

S. korean watchdog fines tesla for false claims: shares fall 4%

The antitrust regulator in South Korea fined Tesla $2.2 million for failing to provide accurate informa...

January 3, 2023, 10:39 pm

Crypto: federal regulators warn banks to beware of ‘significant’ risks surrounding crypto assets

Federal regulators warn that banks should be aware of the key risks associated with crypto-assets as marked by events of the past year. Read Full Stor...

January 3, 2023, 10:16 pm

Duke energy apologizes for christmas eve power outages

Duke Energy is apologizing to customers and North Carolina regulators after rolling blackouts left hundreds of thousands of people without power on Ch...

January 3, 2023, 4:59 pm

Amid criticism for its handling of another alzheimer's drug, fda will decide this week whether to approve lecanemab

The Food and Drug Administration is expected to make a decision on whether to approve a new Alzheimer's disease medication the week after a damning ne...

January 3, 2023, 2:47 pm

Esma unveils new logo, plans new website launch

The European Securities and Markets Authority (ESMA) has unveiled a new logo and visual identity it says embraces its strategy for 2023-2028. The E...

January 3, 2023, 1:08 pm

Why up fintech stock just plunged by nearly 30%

China regulators clamped down on Up Fintech on Dec. 30, 2022. Investors panic sold, validating the high short-float against the stock....

January 3, 2023, 9:27 am

Bahamas regulator responds to ftx ceo statements regarding ftx customer funds

FTX later challenged the regulator’s calculations, saying its digital assets seized in November were worth just $296 million. SCB said that these ch...

January 3, 2023, 9:04 am

Tesla has been slapped with a $2 million fine in south korea over claims it falsely advertised the range of its vehicles in cold weather

The range of Teslas drops by over 50% in cold weather, South Korea's anti-trust regulator said at a pre...

January 3, 2023, 7:08 am


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