Nick Leeson went from being a symbol of everything that is wrong with financial markets to investigating the kind of misconduct he became famous for.
This story incorporates reporting from The Financial Times, New York Post, The Australian Financial Review, Business Insider, Business Insider and Bloomberg L.P..SoftBank, the Japanese multinational conglomerate,
As the Czech National Bank (CNB) is set to address a proposal on setting up a $7 billion Bitcoin reserve, the Czech Finance Minister has expressed concerns about the potential move. Czech Finance Minister Zbynek Stanjura has warned against CNB’s proposal to consider investing up to 5% of its reserves in Bitcoin (BTC),
The DeepSeek drama may have been briefly eclipsed by, you know, everything in Washington (which, if you can believe it, got even crazier Wednesday). But rest assured that over in Silicon Valley, there has been nonstop,
Gimme Credit today announced the appointment of Jodi Lin Gresham as Chief Communications Officer, effective immediately. Gresham brings a wealth of experience in Media Relations, Marketing and Branding to the role,
After training for free with all of the Internet, AI companies are starting to copy each other without permission. The world continues to wonder how DeepSeek was able to train an AI model like R1 with only 2,
Meta CEO Mark Zuckerberg is said to be eyeing a mansion in Washington, D.C., according to Financial Times. This possible move is seen as a sign of his ambition to work more closely with the Trump administration on key issues like artificial intelligence (AI) regulation.
It’s early days, but there already appears to be a clear buzzword among corporate executives this earnings season: tariffs.
Microsoft and OpenAI are investigating if DeepSeek accessed data without permission, with reports suggesting DeepSeek used OpenAI’s API to transfer large data volumes. Microsoft suspects the stolen data helped “distill” ChatGPT’s knowledge into DeepSeek’s R1 model,
Asian stocks rose and currencies edged higher as traders digested a rate pause by the Federal Reserve and shifted focus to a pair of central bank speeches taking place in the region.
Asian stocks rose and currencies edged higher as traders digested a rate pause by the Federal Reserve and shifted focus to a pair of central bank speeches taking place in the region.
Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.