It Was All A Mistake, iPhone Supplier Says After Violent Worker Protests In China

Hon Hai Precision Industry apologized on Thursday for a "technical error" in announcing the amount of bonuses promised to new staff following violent protests at the world’s largest Apple iPhone plant in mainland China, the Central News Agency reported on Friday.…

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Black Friday Chaos: Amazon Warehouse Workers Set To Strike Across 40 Countries

  • Post category:Finance

Thousands of workers across approximately 40 countries are planning to take part in 'Black Friday' protests to demand better wages and working conditions in the company's warehouses, as the global cost-of-living crisis increasesThe protests will coincide with the largest holiday shopping…

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MIT Reports Breakthrough In Solid-State Lithium Battery Development

  • Post category:Finance

By Brian Westenhaus of OilPrice.comMassachusetts Institute of Technology’s new discovery could finally usher the development of solid-state lithium batteries, which would be more lightweight, compact, and safe than current lithium batteries. The growth of metallic filaments called dendrites within the solid…

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Belgium says BTC, ETH and other decentralized coins are not securities

Belgium’s financial regulatory body has confirmed its position that Bitcoin (BTC), Ether (ETH) and other cryptocurrencies that are issued solely by computer code do not constitute securities.The explanation came from Belgium's Financial Services and Markets Authority (FSMA) in a Nov. 22…

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Is Mercedes Intentionally Detuning Its EVs To Charge $1,200 Yearly “Acceleration” Fee

  • Post category:Finance

Mercedes-Benz is the latest auto manufacturer to unveil a subscription fee to unlock perks, such as the ability to boost acceleration. The $1,200 yearly subscription is called "Acceleration Increase" and can be found on Mercedes' online store. "COMING SOON - Accelerate more powerfully: increase…

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WEMIX token plunges 70% after it’s delisted by Korean exchanges

South Korea’s largest crypto exchanges have announced they will delist WEMIX (WEMIX) — the native token of gaming company Wemade’s blockchain platform Wemix — alleging the firm provided “false information” in response to an investment warning it was issued.Bithumb, Upbeat, Coinone,…

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Profit Grows, Retail Network Shrinks At China Billionaire’s Down Jacket Brand Bosideng

Bosideng International Holdings, the top China down jacket maker led by billionaire Gao Dekang, said on Thursday sales and profit gained in the six months to September amid growth in online sales and the closure of traditional retail stores. Revenue at…

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“They’re Trying To Run Out The Clock”: Kari Lake Files 1st Lawsuit After Election

  • Post category:Finance

Authored by Zachary Stieber via The Epoch Times,Arizona Republican gubernatorial candidate Kari Lake on Nov. 23 filed a lawsuit against Maricopa County.Lake sued Stephen Richer, the county’s recorder, and other officials in Arizona Superior Court. She’s asking the court to compel the officials to…

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Ethereum developers decided on eight proposals for the Shanghai update

Developers at the Ethereum foundation decided on eight Ethereum Improvement Proposals (EIP) to explore for the Shanghai update, the next major upgrade after the Merge and its move to proof-of-stake consensus, announced the Ethereum Foundation on Nov. 24. On a weekly call, developers decided…

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IMF calls for tighter crypto regulation in Africa as the industry unfolds

The International Monetary Fund (IMF) is calling for increased regulation of Africa's crypto markets, one of the fastest-growing markets in the world, the global institution blog reported on Nov. 22. Among the reasons why countries in the region should embrace regulation, the…

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Not Just Qatar – Against World Cup Backdrop, UK Peers Lambast Gulf States Over Human Rights

Bahraini human rights activists have welcomed a promise by a UK government minister to hold a meeting with them to discuss the situation in their country. The pledge was made by minister of state for the Middle East Lord Ahmad, during…

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20,000 Died Amid Punishing Heatwaves And Record Temperatures Across Western Europe This Summer, Data Indicates

ToplineExtreme heat was responsible for more than 20,000 deaths across western Europe this summer, official figures suggest, as the continent was battered by a series of punishing heatwaves and record-breaking temperatures that are likely to become more frequent and more intense…

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Ether tests $1,200 but bears better positioned for $1.13B options expiry on Nov. 25

No matter if one analyzes Ether's (ETH) longer-term or weekly time frame, there is little hope for bulls. Besides the negative 69% year-to-date performance, a descending channel has been pressuring the ETH price while offering resistance at $1,200.Ether/USD 4-hour price index.…

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“Amnesty Begins Next Week”: Musk To Reinstate Suspended Twitter Accounts En Masse

  • Post category:Finance

Elon Musk has given politically divided families all the ammunition they need for an epic pie fight this Thanksgiving - announcing 'general amnesty' for suspended Twitter accounts as long as they haven't broken the law or engaged in egregious spam.On Wednesday,…

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BIS report finds uneven progress, differing motivations in African CBDC adoption

Mobile money has been a strong competitor to central bank digital currency (CBDC) in Africa, but many of the continent’s central bankers have greater faith CBDC, according to a Bank for International Settlements (BIS) report published Nov. 24. African central bankers…

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Elon Musk Says He’s Granting ‘Amnesty’ For Nearly All Banned Twitter Accounts

ToplineTwitter owner Elon Musk on Thursday said he is granting “amnesty” for almost all banned accounts on the platform, a consequential policy change that follows a poll of the billionaire’s followers and comes just days after he reinstated former President Donald…

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Polkadot incentivizes its community to fight scams through an “anti-scam bounty”

Polkadot, a protocol that connects blockchains, has announced its latest initiative to help its ecosystem fight scams. According to the company, relying on security-minded individuals within its community to fight scams has proven to be an effective method of safeguarding its ecosystem.…

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Leading Cardano stablecoin project shuts down after excruciating launch delays

On Nov. 24, Ardana, a leading decentralized finance (DeFi) and stablecoin ecosystem building on Cardano (ADA), abruptly halted development, citing "funding and project timeline uncertainty." The project will remain open-source for builders while treasury balances and remaining funds will be held…

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Incoming GOP Congressman Fears Democrats Will Downplay FTX Scandal, Calls for ‘Thorough’ Investigation

  • Post category:Finance

Authored by John Ransom via The Epoch Times (emphasis ours),A newly-elected GOP representative from New York said that he worries that Democrats will try to downplay potential campaign finance and securities law violations by former FTX CEO Sam Bankman-Fried using a…

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