A.R. ► - Page 127

Sam Bankman-Fried, the FTX founder, has been found guilty of all seven criminal counts against him and now faces a maximum sentence of 115 years in prison. (Photo: Getty Images)

3 min read

Technology U.S.

Crypto entrepreneur Sam Bankman-Fried found guilty in all criminal counts

Post Date 11/03/2023

In a dramatic turn of events, a federal jury has found Sam Bankman-Fried, the 31-year-old founder of FTX, guilty of all seven criminal counts against [more…]

Malaysia is poised to receive a substantial portion of DHL's €350 million five-year investment in its Southeast Asia supply chain business, making it a major focus for the global logistics company. (Photo: EBM)

4 min read

Business Germany Malaysia

Malaysia’s Silicon Valley of the East attracts massive investment in supply chain infrastructure

Post Date 11/02/2023

Malaysia is set to become the epicenter of a significant investment from DHL, as the global logistics giant pours more than a third of its [more…]

According to Novo Nordisk, the majority of U.S. patients who have insurance and use its widely sought-after weight loss medication, Wegovy, are spending under $25 per month for the treatment. (Photo: Novo Nordisk)

4 min read

Health & Fitness U.S.

Access to Wegovy’s weight loss treatment improving for many insured Americans

Post Date 11/02/2023

Novo Nordisk, a global pharmaceutical company known for its innovative treatments in diabetes care and obesity management, recently announced an encouraging development regarding the accessibility [more…]

Hong Kong's authorities came together to emphasize the city's dedication to advancing Web3 technology during this year's FinTech Week. (Photo: Handout)

3 min read

Hong Kong Technology

Hong Kong commits to Web3 development amid regulatory reforms

Post Date 11/02/2023

Hong Kong’s commitment to Web3 development took center stage at this year’s FinTech Week, signaling a determination to embrace blockchain, tokenization, and central bank digital [more…]

Peloton, the fitness company, recognized for its high-end Bike and Bike+ offerings, faces difficulties in persuading new users to subscribe to its premium services. (Photo: AP)

4 min read

Investing & Markets U.S.

Peloton’s struggle to regain momentum in a challenging landscape

Post Date 11/02/2023

Peloton, the renowned connected fitness company, is facing an uphill battle as it strives to regain its pandemic-era glory. Despite a series of strategic moves, [more…]

Nov. 1, 2023 - Disney is set to take full ownership of Hulu by acquiring Comcast's NBCUniversal's remaining one-third stake in the streaming service. (Photo: Disney)

3 min read

Business U.S.

Disney’s strategic move to acquire full control of Hulu from Comcast

Post Date 11/01/2023

In a groundbreaking announcement today, The Walt Disney Company (NYSE: DIS) revealed its intent to acquire the remaining 33% stake in Hulu, LLC, currently held [more…]

WeWork's spectacular rise and failure serves as a stark reminder of the risks in high-profile startups. (Photo: Startups)

3 min read

Business U.S.

WeWork hits an all-time low as rumors of bankruptcy filing imminent

Post Date 11/01/2023

WeWork, once a poster child for the booming flexible workspace industry, is now grappling with a crisis of epic proportions. As the sun sets on [more…]

Asian manufacturing grapples with challenges amidst the Middle East conflict. (Photo: STR | AFP)

3 min read

China Investing & Markets Japan South Korea Taiwan

Asia’s manufacturing woes persist amid Middle East conflict

Post Date 11/01/2023

Amidst the ongoing turmoil in the Middle East, Asia’s manufacturing sector faces a new wave of obstacles that threaten its path to recovery. The latest [more…]