Sam Bankman-Fried Sentenced to 25 Years in Prison for Crypto Fraud

Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. Bankman-Fried, 32, was convicted in November of fraud and conspiracy — a dramatic fall from…

Financial News | Volkswagen Group

After a solid fiscal year 2023: Audi strengthens and expands its product portfolio The Audi Group has achieved a solid result in the 2023 fiscal year under challenging economic conditions. Revenue rose by 13.1 percent to €69.9 billion, the operating profit was €6.3 billion, and the operating margin was 9.0…

AT&T Passcodes for Millions Are Reset After Leak of Customer Records

The telecommunications giant AT&T announced on Saturday that it had reset the passcodes of 7.6 million customers after it determined that compromised customer data was “released on the dark web.”“Our internal teams are working with external cybersecurity experts to analyze the situation,” AT&T said. “To the best of our knowledge,…

Vodafone and Microsoft sign 10-year strategic partnership to bring generative AI, digital services and the cloud to more than 300 million businesses and consumers

Vodafone and Microsoft to transform the customer experience using Microsoft's generative AI Vodafone to scale its new standalone IoT business with Microsoft Partnership will expand M-Pesa to improve financial inclusion across Africa Vodafone to grow enterprise business with new Microsoft services for small and medium-sized businesses (SMEs) Vodafone to accelerate…

Airbnb bans indoor security cameras for properties listed on its platform

Airbnb is banning indoor security cameras from rental properties listed on its site, citing privacy concerns.The platform had allowed cameras in common areas like hallways and living rooms as long as they were clearly mentioned in a property's listings.Those will now be banned, too.“Our goal was to create new, clear…

LIC gets GST demand notice of Rs 178 crore | BusinessNews

Life Insurance Corporation of India (LIC) on Tuesday said tax authorities have slapped a demand notice of about Rs 178 crore on it for short payment of Goods and Services Tax (GST) for two financial years. The company has received a communication/demand order for interest and penalty from the Additional…

Louisiana’s challenge to flood premiums can move forward | BusinessNews

A federal judge ruled Thursday that Louisiana and nine other states can move forward with a legal challenge to the nation's controversial new system for setting flood insurance rates, which is provoking sharp increases for many homeowners. While ruling that the lawsuit could move forward, US District Judge Darrel James…

Japan earthquake: Local businesses take steps forward

Reconstruction continues on the Noto Peninsula following the New Year's Day earthquake. Local businesses are gradually resuming operations, while Ishikawa Prefectural officials have started outlining a recovery plan for the region. Miyamoto Tetsuya has been farming oysters for more than three decades in Nanao City in the prefecture. On New…