In today's ExchangeWire news digest: Jack Ma cedes control of fintech giant Ant Group; OpenAI in discussion to raise capital of USD$30bn (~£24bn); and Silvergate customers withdraw over USD$8bn (~£6.7bn) of digital currency following regulators' warnings. Ma relinquishes control of Ant [...]

In today's ExchangeWire news digest: a new EU ruling deals a major blow to Meta's business model; Microsoft considers integrating OpenAI's ChatGPT into Bing; and Coinbase reaches a USD$100m (~£83m) settlement with New York regulators. EU ruling could mean curtains for [...]

In today's ExchangeWire digest: Ethiopian researchers and a Kenyan rights organisation have accused Meta of allowing inflammatory content to flourish on their platforms; the head of Binance remains calm after investors pulled more than USD $1bn from the company in [...]

In today's ExchangeWire news digest: Apple announces it will accept third-party app stores to comply with EU law; Softbank-backed Paytm launches a share buyback plan to recoup its losses; and Hong Kong's SFC warns investors about the risks of trading digital [...]

This week: Meta’s targeted ad model struck by EU privacy regulators, New Zealand to make tech firms pay for news… The tech sector this week was dominated by the news that Meta’s targeted ad model is to be restricted by privacy [...]

In today's ExchangeWire news digest: the UK government finalises new regulation to control the cryptocurrency industry; Getir prepares to acquire competitor firm Gorillas; and crypto giant Circle cancels its USD$9bn (~£7.34bn) deal to go public. UK government finalises plans to tame [...]

In today's ExchangeWire news digest: Meta faces legal action in the UK for processing the data of Facebook users despite their objections; crypto firms spiral in the wake of FTX's collapse; and Singapore's Ureca raises USD$1.5m (~£1.26m). Human rights campaigner sues [...]

In today's ExchangeWire news digest: Bob Iger replaces Bob Chapek as Disney chief exec; Meta fires over two-dozen employees for inappropriately accessing user accounts; and FTX owes its fifty largest creditors as much as USD$3.1bn (~£2.6bn). Bob Iger returns to Disney Former [...]

This week: Binance abandons its merger deal with FTX, Meta cuts its workforce by 13%... This week saw major players in ad tech rocked by the fallout of plummeting profits and a post-pandemic slump. Cryptocurrency exchange Binance offered a lifeline to [...]

In today’s ExchangeWire news digest: Meta reduces its workforce by about 13% as Mark Zuckerberg concedes the company’s revenue was “much lower than expected”; FTX sits on the brink of collapse after its merger with Binance falls through; and Disney+ [...]