Enterprise

Binance, the world’s largest cryptocurrency exchange, is under investigation by French prosecutors for “aggravated money-laundering” and operating an unauthorized exchange. The police raided Binance’s Paris office just days after the exchange’s French CEO, David Prinçay, dismissed concerns about US regulatory charges affecting Binance’s other operations, comparing them with the flapping of a butterfly’s wings. Dismissing
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Thierry Breton, EU commissioner for internal market, has called for more EU member states to ban Chinese telecommunications firms Huawei and ZTE from their 5G networks due to national security risks. Breton urged countries to remove “high-risk” suppliers from their mobile internet infrastructure upgrades and emphasized the importance of speeding up decisions in his speech
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Google’s return-to-office plans have been a source of concern across the company since the pandemic. The company has updated its hybrid three-day-a-week office policy and included badge tracking, which has caused frustration among employees. There is growing concern among staffers that management is overreaching in its oversight of physical attendance. Employees are being treated like
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Amazon is using artificial intelligence (AI) to help customers make informed decisions when shopping on their platform. The e-commerce giant has started testing a new feature in its shopping app that generates AI-generated summaries of customer reviews on selected products. The summaries provide a concise overview of the product, including what customers liked and disliked
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Oracle’s shares rose by as much as 5% during after-hours trading on Monday after the company announced its fiscal fourth-quarter results, which exceeded Wall Street’s expectations. According to Refinitiv, Oracle’s earnings per share stood at $1.67, surpassing analysts’ expectations of $1.58 per share. The company’s revenue also exceeded expectations, reaching $13.84 billion, against an expected
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