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On Tuesday, FTX signed a bailout deal with bigger rival Binance after a surge in withdrawals triggered a “significant liquidity crunch.” Concerns about FTX’s financial health reportedly caused him...

Tesla CEO Elon Musk has sold 19.5 million shares in the electric car maker worth $3.95 billion (£3.4 billion) in a filing with the US Financial Services Authority. The news comes less than two weeks after...

Meta, which owns Facebook, Instagram and WhatsApp, has introduced that it’s going toreduce 13% of its workforce. The first mass layoff in the company’s history will put 11,000 of its 87,000...

The tech giant is spending up to $170m (£147.8m) in shares in loss-making start-up Lordstown Motors. The big cash injection comes as the company intends to ramp up production of its first model, the Endurance....

Hushpuppi, whose real name is Ramon Abbas, was also sentenced to pay $ 1,732,841 (£ 1,516,182) to two victims. The influencer became famous for showing off his comfortable lifestyle on his page, which...

The stash of 50,676 Bitcoins was found hidden on various devices in a hacker’s house in an under-floor safe and in a box of popcorn. James Zhong pleaded guilty to hacking funds from the illegal Silk...