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Could tech layoffs spread to rest of US economy?  — DW — 01/28/2023

Could tech layoffs spread to rest of US economy? — DW — 01/28/2023

First a trickle, then a stream and now a torrent. US tech giants are cutting thousands of jobs almost every day. The darlings of COVID-19 lockdowns have seen their profits squeezed as lives returned to normal after months of staring at screens. During the pandemic boom times, the headcounts of Microsoft, Google, Amazon and Facebook …

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Prosecutors ask court to ban Sam Bankman-Fried from contacting FTX colleagues

Prosecutors ask court to ban Sam Bankman-Fried from contacting FTX colleagues

US prosecutors have asked a New York judge to prevent Sam Bankman-Fried from contacting his former FTX colleagues and from using encrypted messaging apps, claiming the crypto company founder communicated with potential witnesses in his looming criminal trial.In a letter sent to the court on Friday, the government alleged Bankman-Fried had been “in direct communication” …

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Ukraine Hit with New Golang-based ‘SwiftSlicer’ Wiper Malware in Latest Cyber ​​Attack

Ukraine Hit with New Golang-based ‘SwiftSlicer’ Wiper Malware in Latest Cyber ​​Attack

Jan 28, 2023Ravie LakshmananCyber ​​Threat / Cyber ​​War Ukraine has come under a fresh cyber onslaught from Russia that involved the deployment of a previously undocumented Golang-based data wiper dubbed SwiftSlicer. ESET attributed the attack to Sandworm, a nation-state group linked to Military Unit 74455 of the Main Intelligence Directorate of the General Staff of …

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The metaverse is creating a new virtual marketplace for retail brands

The metaverse is creating a new virtual marketplace for retail brands

Entrepreneurs are betting on the future of the metaverse and cannabis industries.In the last decade, developments in government legislation have led to the legalization or decriminalization of cannabis in a number of countries, municipalities and US states, allowing users to fully appreciate the sacred plant in both recreational and medicinal settings. While cannabis remains classified …

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Top 5 Cryptos Seen Making Double-Digit Gains In The Final Days Of January

Top 5 Cryptos Seen Making Double-Digit Gains In The Final Days Of January

The bulk of the cryptocurrency market entered 2023 with a great deal of optimism, as the majority of its crypto assets began showing good outcomes on charts spanning several timeframes. In the final days of January, we pick these top 5 cryptos that have a strong potential to increase by double-digits, or even more. Prices …

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What recession?  Inflation, GDP offer hope for ‘soft landing’

What recession? Inflation, GDP offer hope for ‘soft landing’

Perhaps a 2023 recession can be avoided after all. Consistently falling prices alongside a stronger-than-expected fourth-quarter gross domestic product (GDP) and next week’s predicted less aggressive interest rate hike from the Federal Reserve are changing economists’ tune and renewing hopes about the overall health of the economy. The personal consumption expenditures price index (PCE) cooled …

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FTX crypto founder Sam Bankman-Fried thought jail would be ‘like The Shawshank Redemption’: report

FTX crypto founder Sam Bankman-Fried thought jail would be ‘like The Shawshank Redemption’: report

Mintz & Gold partner Ira Sorkin discusses if accused fraudster Sam Bankman-Fried’s ‘loose lips’ will hurt his criminal case on ‘The Claman Countdown.’ Sam Bankman-Fried reportedly said that he thought his time in prison in the Bahamas would be like the 1994 classic film “The Shawshank Redemption.” “I thought that it was going to be …

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Exclusive: India’s Adani says .5 billion share sale on track even as bankers mull changes

Exclusive: India’s Adani says $2.5 billion share sale on track even as bankers mull changes

MUMBAI, Jan 28 (Reuters) – A $2.5 billion share sale by India’s Adani Enterprises (ADEL.NS) remains on schedule at the planned issue price, the company told Reuters on Saturday, while sources said bankers were considering changes due to a market routine in the group’s shares. Bankers on the deal were considering extending the sale or …

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DOJ Seeks to Ban Sam Bankman-Fried From Contacting FTX Employees – The Wall Street Journal

DOJ Seeks to Ban Sam Bankman-Fried From Contacting FTX Employees – The Wall Street Journal

DOJ Seeks to Ban Sam Bankman-Fried From Contacting FTX Employees The Wall Street JournalSBF’s mom, Caroline Ellison aren’t cooperating in bankruptcy probe: lawyers Markets InsiderFTX founder Bankman-Fried objects to tighter bail, prosecutors says ‘sandbagged’ him Yahoo Finance Sam Bankman- Fried’s Prosecutors Ask Judge to Tighten Bail Conditions The New York TimesDo you have money tied …

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LVMH: Luxury giant’s sales soar despite China losses – BBC

LVMH: Luxury giant’s sales soar despite China losses – BBC

LVMH: Luxury giant’s sales soar despite China losses BBCLuxury giant LVMH enjoys best year yet despite post-Covid downturn • FRANCE 24 English FRANCE 24 EnglishLouis Vuitton’s Owner Is Still Reading China’s Tea Leaves The Wall Street JournalWorld Business Watch: LVMH’s sales defy downturn, shoppers splurge on luxury goods | WION WIONAanalysis | Don’t Worry About …

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