December 19, 2024

Author: admin

Fake trading apps on Google Play and App Store linked to global ‘pig butchering’ scam
Taxes Income

Fake trading apps on Google Play and App Store linked to global ‘pig butchering’ scam

New research from cybersecurity company Group-IB shows that cybercriminals have been using phony trading apps to swindle unsuspecting individuals as part of a global “pig butchering” campaign. Pig butchering is a form of investment fraud where scammers persuade their victims into making large investments on fake trading platforms. The scheme—which is commonly associated with cryptocurrency and is […]

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Taxes Income

US expected to pay up to $20bn into G7 loan for Ukraine

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The US is willing to provide up to $20bn as part of a G7 loan to Ukraine that will be repaid with profits generated by Russia’s frozen assets, according to three people familiar with […]

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Taxes Income

Elon Musk’s riskiest bet yet: Donald Trump

Among the many audacious gambles that mark Elon Musk’s career, few have been bolder than the bet he is now placing on Donald Trump. From satellites to electric vehicles, brain chips to AI-powered robots, Musk owns a series of businesses that depend heavily on contracts and rules set by the federal government. Yet in an […]

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Taxes Income

Who will lead Hamas after Sinwar?

Yahya Sinwar’s killing on Thursday forces Hamas to make a choice of far-reaching consequences: picking a leader at arguably its weakest moment since Israel’s assassination of its founder in 2004. The survival of Sinwar, who led the militant group in Gaza for about seven years, had symbolised Hamas’s resistance under Israeli fire. With the architect […]

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Microsoft is negotiating the size of its equity stake in OpenAI
Taxes Income

Microsoft is negotiating the size of its equity stake in OpenAI

Microsoft and OpenAI may be working on a decidedly newfangled technology, but they’re haggling over an age-old business question: How much equity should I get for my investment?  The two companies each hired investment banks to help answer how Microsoft’s roughly $13.75 billion worth of investments in OpenAI since 2019 will translate after the startup […]

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Loans

Tough luxury market dims Dior’s shine

At one of Shanghai’s most exclusive malls, a Dior store is spread across four floors and includes special tea rooms for premium shoppers, in a market that was once associated with rapid growth for luxury brands. But on Thursday afternoon there were few customers despite it being launch day of the French company’s new spring […]

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