Hints and tips:
...The US Senate is weighing a bill that would force the sale of the app over national security concerns, or have it banned....
...Banks would also be able to apply a lower capital charge for holding it as Buidl would almost certainly be regarded as a security token....
...Since the US Securities and Exchange Commission approved the ETFs, average daily returns for bitcoin outside US trading hours are 0.31 per cent....
...In today’s newsletter: Litquidity revealed Turning noodles into securities A big change at Brunswick Litquidity cut his teeth in Jefferies’ bullpen In March 2021, near the apex of a coronavirus pandemic-fuelled...
...probe (FT) Gucci owner Kering issues rare luxury sector profit warning (FT) AstraZeneca strikes $2.4bn deal for radiotherapy biotech Fusion (FT) Airbus ends talks with Atos on deal for big data and security...
...The NCSC said high-risk individuals included elected representatives, candidates, activists and staffers within the political realm, plus figures in academia, journalism and the legal sector....
...As the Guardian newspaper noted, in a highly unusual move the judge issued the verdict within seconds of the case concluding. The evidence is “overwhelming”, the judge said....
..., plus $20,000 in expenses....
...Via The Guardian: “FTX was an irresponsible sham created by a convicted felon.”...
...The US and Japan are planning the biggest upgrade to their security alliance since 1960 in a move to counter China....
...Stifel Nicolaus was fined $920,000 and was ordered to return $1.2mn in assets to customers plus interest, while SIA was fined $80,000 and ordered to return $100,000 to customers plus interest....
...deal with Mistral in push beyond OpenAI (FT) Lord Jacob Rothschild dies at age of 87 (FT) European football needs innovation and drama, says Real Madrid investor (FT) Ant Group bids against Citadel Securities...
...“They started off as this 800lb gorilla, but now they’re facing stiff competition,” said Jim Angel, professor at Georgetown University....
...But they aren’t — indeed, there might well be more Labour Mail (or Sun) readers than Labour Guardian (or FT) readers,” he adds....
...What’s more, Beijing says it opposes a sale, probably because it does not want to lose control of TikTok’s content algorithm (which is arguably a bigger national security flashpoint than data storage)....
...Smart reads Pirate panic Security crises on the high seas are causing problems for the international economy, the Wall Street Journal writes....
...The Securities and Exchange Commission has approved the first spot bitcoin exchange traded funds in a watershed moment that cryptocurrency enthusiasts are betting will draw new retail and institutional investors...
...Some of the same banks are issuing stronger warnings in US listings, where the Securities and Exchange Commission has called for “more specific and prominent” disclosure of China risks....
...There will undoubtedly be a serious national security review. But workers don’t have an official say in the matter and other objections look thin at the moment....
...The wild swings were widely attributed to iShares’ parent, BlackRock, rebalancing some of its 150-plus model portfolios....
...Investors and analysts don’t believe the company will make any immediate changes, given that succession plans have largely been laid out and that Munger’s $2bn-plus stake was not large enough to affect control...
...In 2000, he agreed to pay $8.3mn plus a $350,000 penalty to settle SEC charges of materially overstating software revenues and earnings....
...Land Securities Group has named Olswang’s former banking head Moni Mannings as senior independent director designate....
...Plus, it must comply with a tower of banking regulation. Preventing fraud is one of those regulations....
...Plus, Sequoia’s Mike Moritz writes that the club is a tarnished trophy asset....
International Edition