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...Making fun of corporate brands embarrassing themselves online is like shooting fish in a barrel....
...The company slashed overhead costs by almost a third last year from a peak of $2.5bn in 2022. The employee count dropped to 14,000....
...Sales growth in Europe is expected to come in at about 5 per cent in 2024 — a sharp slowdown from 2023’s 14 per cent growth, but hardly a crash. The market had simply overestimated the pace of change....
...The controls mark a U-turn on cryptocurrencies in Nigeria, which President Bola Tinubu’s government had seen as part of its sweeping market-friendly reforms, designed to attract overseas investment to its...
...Bitcoin surged to a record high of $73,800 in mid-March but has dropped more than 14 per cent this month, to less than $60,000 on Wednesday....
...There is a limited, if admittedly growing, data set on zigzags and U-turns in policy and technology....
...FDUSD is backed by reserves comprising low-risk assets, such as short-term U.S. treasury bills, as well as cash and cash equivalents in U.S. dollars....
...There are many things to say about Satoshi’s 2008 white paper (as shown by 14 years and counting of FTAV coverage) but one is that it quite elegantly offers a real working solution to that problem....
...Lululemon said it expects revenue in the fourth quarter to increase by between 14 and 15 per cent, up from previous guidance of 13 to 14 per cent....
...and restore its citizens’ faith in its battered currency....
...That compares with 14 per cent in 2023. Conversely, there will be periods where renewables output is insufficient to meet demand....
...In June 2022, PayPal was issued a BitLicense by NYDFS after previously obtaining a conditional BitLicense. Reserves for PayPal USD are fully backed by U.S. dollar deposits, U.S....
...The shares trade on 14 times revenue, up from 3 times a year ago. That is more than twice the multiple for Robinhood....
...Changpeng Zhao may finally make a long-awaited public appearance in the US today. In court, reportedly! He’s expected to appear in federal court in Seattle today, according to the WSJ....
...In particular, the government has sought to bring stablecoins — a type of digital token designed to track the price of hard currencies — into the economy as a payment option for the public....
...As of March 14, bitcoin ETFs had vacuumed up a net $10.6bn year-to-date globally, even accounting for chunky outflows from the Grayscale Bitcoin Trust (GBTC), at $23.7bn still the world’s largest such vehicle...
...This was a drop from the £14.6bn in the previous 12 months but still more than double the £5.1bn in subsidies in 2018-2019, the last year before the pandemic hit....
...In response to your article “The global race to set the rules for AI” (The Big Read, September 14) I expect global regulators will agree to a core set of principles for governing artificial intelligence...
...Coinbase’s institutional business accounts for only 5 per cent of the Nasdaq-listed company’s revenues from transactions and dropped 30 per cent year-on-year in the third quarter to $14.1mn....
...Join FT journalists and expert guests for a webinar on April 17 13:00-14:00 GMT +1 as they unpack the business impacts of the upcoming election. Register here and put your questions to the panel....
...Nigeria has focused its attention on Binance and other cryptocurrency websites as it seeks to head off its worst economic crisis in three decades and restore its citizens’ faith in its battered currency....
...One way to see this is that other currencies have weakened against the dollar in a similar way as the yen. The US dollar index is up 3 per cent this year....
...The UK’s stance is unlikely, though, to attract every issuer active in the European crypto ETP market — which boasts 100 products with combined assets of $14.2bn, according to ETFbook data....
...A total of 14 Chinese nationals have been prosecuted and convicted in China, according to UK court documents. China’s Ministry of Public Security did not respond to a request for comment....
...Adrian Smith, president of the Royal Society, laments that our culture now finds science difficult and that only a third of 14- to 18-year-olds find science inspirational (“Popular science books...
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