Elon Musk’s wealth has been the hardest hit this year, losing over $140 billion
City comment: After a period of naïve optimism and financial malpractice, it’s time for the tech sector to snap back to reality
Brits have lost more than £600 million to fraud in the first half of 2022 alone
The business has raised almost £800,000 in funding since launching last year
The Tesla share price has sunk more than 50% since the start of the year
The capital has combined its strengths in financial services and tech to become a world powerhouse in fast growing areas such as payment processing and online banking
Gold could be about to take off in 2023 should the collapse in crypto assets, including Bitcoin, continue
Starling has described cryptocurrencies as ‘high risk and heavily used for criminal purposes’
Over 90% of all mobile web browsing in the UK in 2021 is powered by either Apple’s or Google’s browser engine
Together, the family, the company and its executives bought nineteen properties over two years
City comment: Far from quashing innovation, crypto regulation will set essential ground rules and protections for market participants
The move mean some EV drivers will pay ‘more for their road tax than someone in an old banger’
The era of one-size-fits-all software solutions has ended, Henderson said
The US Securities and Exchange Commission is reported to be expanding its investigation into the beleaguered crypto exchange
Affected employees were locked out of Meta systems but were allowed access to their email accounts ‘so everyone can say farewell’
It comes just hours after FTX’s founder said the company “is fine” and hit back at reports of the firm’s instability as “false rumours”
The UK’s Financial Conduct Authority has said it will hold discussions with banks and financial services firms over the use of private messaging apps
The dip in advertising is a blow to Musk’s ambitions to ramp up revenues at the firm
The bank joins the likes of Lloyds, Barclays and RBS who have imposed a range of new measures to restrict crypto activity
‘It just makes no sense to close your doors to some of the brightest people in the world,’ von Ahn told the Standard
The London-based fintech now has over three million users
The job losses represent a cut of about 5% of the workforce, and will be part of a 300 million Euro restructuring programme in a bid to slash costs and improve productivity
The UK is the only major Western European country that grew its cryptocurrency market over the past year
Just Eat boss Jitse Groen said restaurants have put prices up “by a lot” amid soaring food inflation
Meta said it would not be contesting the decision
The firm saw 42% growth in its Money division, as consumers shop around for the best deals for credit cards, loans and mortgages
The competition watchdog said the deal could see airlines facing high prices to use satellite services
Did you know there are reduced broadband tariffs for households on Universal Credit? Most people don’t - which means take-up is scandalously low. Broadband companies must urgently do more to promote these offers, says cost of living expert Greg Marsh
The boardroom reshuffle comes as the Old Street-based firm said it saw sales grow 31% to £221 million in the year to July
The number of deals grew from 29 to 37, with four worth more than £1 billion
Companies are spending less on advertising, Bonhill said
Registered users in the UK swelled to over 3.2million by August 2022
Facebook’s UK employee headcount swelled to 5,148 in 2021, with the vast majority based in London
The tennis stars will also serve as brand ambassadors for the company
Lane Fox joined the board of Twitter in April 2016
