Business

Hong Kong crypto exchange falls silent, fuelling shutdown fears

A major Hong Kong-based cryptocurrency exchange has scrubbed some of its social media presence two weeks after it halted withdrawals, fuelling fears the firm may collapse as the sector reels from the implosion of giant FTX.

Business

FTC acts to block Meta from buying VR company, fitness app

Federal regulators on Wednesday took legal action to block Facebook parent Meta and CEO Mark Zuckerberg from acquiring virtual reality company Within Unlimited and its fitness app Supernatural, asserting the deal would hurt ...

Business

Apple faces £750 mn lawsuit over iPhone software update

Apple is facing a £750 million (878 million euros, $918 million) lawsuit in Britain after a consumer rights champion on Thursday filed a claim accusing the US tech giant of secretly slowing down older iPhone models.

Business

Facebook filings seek dismissal of antitrust lawsuits

Facebook said Wednesday it filed motions seeking dismissal of US federal and state antitrust lawsuits, claiming there is no credible case to be made that it has harmed competition or excluded rivals in social networking.

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