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Saturday, Nov 27, 2021
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Crypto Firm Owners Plead Guilty to Tax Evasion, Face up to 5 Years in Prison
The U.S. Department of Justice (DOJ) announced Tuesday that the owners of a cryptocurrency company have pleaded guilty to tax evasion.
Bitqyck founders Bruce Bise and Samuel Mendez were charged with tax evasion in August. Bise pleaded guilty on Sept. 9 and Mendez pleaded guilty Tuesday morning.
Musk Rails Against State Aid as Tesla Pulls Application for $1.28 Bln in Subsidies for Berlin Plant
Back in January, the European Union approved a plan that would grant several companies, including Tesla Inc. and BMW AG, a total of €2.9 billion ($3.5 billion) in state aid for ...
Adele: 30 becomes 2021's fastest-selling album despite sales drop
Adele's 30 has shot to number one, overtaking Abba to become the fastest-selling album of the year so far.
Biden Says Not Concerned About US Stock Market Plunge as He 'Expected It'
US President Joe Biden said on Friday that he is not concerned about the plunge in the US stock market and he had expected it over concerns related to the new Omicron coronaviru...
Autonomous "Robotaxis" Debut On China Streets
Beijing this week approved its first autonomous taxis for commercial use, bringing dozens of the so-called "robotaxis" to the streets of the Chinese capital.
US Crude Released by Biden From Reserves Will Likely Be Snapped Up By China, India, Claim Traders
US President Joe Biden has announced the release of 50 million barrels of oil from the Strategic Petroleum Reserve (SPR) on 23 November in a concerted effort with other major en...
Two more energy firms power down as taxpayer keeps lights on at Bulb
The industry regulator confirms two more suppliers have left the market - taking the total number of firms to collapse since the start of September to 24.
Israeli Spyware Firm Behind Pegasus Faces Risk of Default After US Blacklisting
In early November, Israeli spyware company NSO Group, which is behind "Pegasus," was sanctioned by the United States over its alleged involvement in activities that pose a threa...
Boris Johnson to shake up business advisory council amid backlash at CBI speech
Downing Street officials have started working on an overhaul of the Build Back Better Council, which advises Boris Johnson on a range of economic and business issues, Sky News l...
Bitcoin Paternity Test: Scientists Fight in Court for Title of Cryptocurrency's Inventor - Report
One of the main features of the fully decentralised payment system is that its creator, or group of creators, remains incognito to this day, despite countless attempts by the me...
China gives first real reaction to Dimon gaffes but will there be a backlash?
Sky's Ian King explains why the world's most influential banker has cause to be embarrassed and asks if the world's second-largest economy is likely to respond.
Jordan Peterson Reveals He Bought Bitcoin, Blasts Rising Inflation
According to media reports, the Canadian psychologist has increased his net worth, which is now estimated to be $7 million. However, the majority of his fortune has not come fro...
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