Ishan Wahi, a former manager of the cryptocurrency exchange Coinbase, has been charged by a New York district court with internet fraud and unauthorized use of confidential information from the firm. His brother and their acquaintance are facing comparable allegations. According to the Justice...

Netflix Inc avoided its own worst-case scenario of subscriber losses on Tuesday, reporting a nearly 1 million reduction from April to June and predicting a return to user growth in the third quarter.   Shares surged 8 per cent in after-hours trading following the report, after falling about...

From April to June, the American streaming provider Netflix reported losing one million paid subscribers. After leaving the Russian Federation, Netflix revealed in late April that the number of its paid customers in the first quarter decreased by 200,000. Netflix claims that the termination of the...

Apple plans to decrease the number of new hires to get ready for a potential downturn in the economy. In 2023, Apple plans to slow down the pace of hiring new employees and spend less on pay, according to Bloomberg, which cited sources. The company made this decision in order to be more cautious...

Shopify Inc established a collaboration with Alphabet Inc's YouTube on Tuesday to allow merchants to sell through the video platform, as the Canadian firm seeks to capitalise on the growing number of content creators who are starting their own e-commerce storefronts.   The collaboration,...

France's government has offered to spend 9.7 billion euros ($9.85 billion) to buy out EDF, giving it complete control of Europe's largest nuclear power operator as it deals with a continent-wide energy crisis.   In a statement issued on Tuesday, the finance ministry stated that the...

After it resumes delivery, Stan Deal, general manager of Boeing's commercial aviation division, told Reuters on Sunday that the company anticipates an increase in new bookings for the 787 Dreamliner. Deal stated that Boeing is "extremely near" to beginning the 787 series model deliveries that have...

Two of the top banks in the United States—investment bank Goldman Sachs (GS) and Bank of America (BofA)—reported their second-quarter results. GS's investment banking income fell 41% from the same quarter last year to $2.1 billion due to heightened market volatility, but the same increased...

Amazon, looking for a competitive advantage in the face of rising living costs, announced on Monday that it will match Tesco's prices on hundreds of products.   Amazon Fresh's new scheme, which delivers groceries to Amazon Prime subscribers, will match Tesco Clubcard rates on daily items...