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EY is setting aside $2.5bn to fund an acquisition spree for its consulting arm following its planned separation from the Big Four firm’s audit business, as it presses ahead with preparations for the historic split. The war chest will allow the new company, which EY is aiming to float in New York, to double the

Kevin McCarthy has been elected as Speaker of the House of Representatives, ending a tortuous week of wheeling and dealing on Capitol Hill that exposed sharp divisions in the Republican party and raised fresh questions about whether Congress can govern effectively in the years to come. McCarthy was elected Speaker just after midnight on Saturday

In August 2021, an independent artist made nearly $200Kin 60 seconds. Thisrapper goes by the name of Spottie WiFiand his new-age style has already been cosigned by the likes of Snoop Dogg. WhatHappened: Spottie WiFiannounced hisnew album, The Kings Alpha, which will be released sometime early next year: Btw I forgot to mention my new

Uniswap, the decentralized exchange, has partnered up with fintech company Moonpay to let users in the U.S., Brazil, the UK and SEPA (Single Euro Payments Area) areas buy cryptocurrencies on its web app with debit cards, credit cards or bank transfers. What Happened: Uniswap said on Tuesday that users may be able to convert fiat

President Biden announced Thursday the United States will begin blocking migrants from Haiti, Nicaragua and Cuba from applying for asylum if they’re apprehended crossing the U.S.-Mexico border. The asylum seekers will instead be expelled to Mexico without due process as part of an expansion of the contested Trump-era Title 42 pandemic policy. This comes as

WebOS lives! — Android Automotive goes mainstream: A review of GMs new infotainment system It has four screens, three operating systems, and many of the usual car problems. Ron Amadeo – Jan 6, 2023 12:20 pm UTC EnlargeGMC reader comments 74 with 0 posters participating Share this story Share on Facebook Share on Twitter Share

Two years ago, one of the trending topics across social media was Dogecoin DOGE/USD , a meme cryptocurrency. In 2022, Dogecoin saw less volatility, resulting in fewer mentions across social media in the midst of a cryptocurrency bear market, which was accelerated by the bankruptcies of several cryptocurrency platforms like FTX. What Happened: In 2021,

Get in gear for the new year — Rocket Report: Crisis for European launch industry; Japans H3 rocket nears debut “Why not send one person a year to space and raise that awareness?” Eric Berger – Jan 6, 2023 12:07 pm UTC Enlarge / The Falcon 9 rocket first stage that launched the Transporter-6 mission

Rishi Sunak has invited Britain’s trade union leaders to talks on Monday in an attempt to find a solution to the wave of disruptive strikes across the UK. The UK prime minister said in a broadcast interview on Friday that government departments had written to the relevant unions inviting them for talks to begin on

Yes or no? — After $414M fine, Meta tries to avoid seeking user consent for personalized ads Privacy activists explain why asking for consent may be Meta’s only option. Ashley Belanger – Jan 5, 2023 7:41 pm UTC EnlargeFRANCESCO ZERILLI/ZERILLIMEDIA/SCIENCE PHOTO LIBRARY | Science Photo Library reader comments 4 with 0 posters participating Share this

Global payments giantVisa IncV has released a paper outlining how the firm could work withEthereumETH/USD to enable automated payments from self-custodial crypto wallets. What Happened: The paper, originally presented as part of a company hackathon held earlier this year, explores how the Ethereum mainnet can offer users the capability of scheduling auto-payments with the support

Jeremy Blosson, Cofounder and CEO of Strikepoint Media, moderated the panel The Key To Winning Customers In Bear Markets" at Benzinga's Fintech Deal Day. Earlier this year, amid growing concerns of a recession, platforms were dealing with a crisis of confidence. After the FTX fiasco, platforms are now facing a crisis of trust. The panel

What’s new? — How humans got a new gene that makes our brains larger Somewhere between chimps and us, an RNA started producing a useful protein. John Timmer – Jan 5, 2023 7:09 pm UTC Enlarge / Building a bigger brain requires new genes, not a workout.OsakaWayne Studios reader comments 6 with 0 posters participating

This is an opinion editorial by Matt Smith, an operations officer for the United States Air Force and an assistant professor of aerospace studies at the University of Nebraska-Lincoln. As the country’s most adversarial competitors actively pursue ways to de-dollarize the world while simultaneously publicly announcing, “the economy of imaginary wealth is being inevitably replaced by

The claim that former PresidentDonald Trumpwas knighted byQueen Elizabeth IIin private has been assessed as false, according to areportfrom the Associated Press. What Happened:Soon after thedeathof the British Monarch on Sept. 8 claims arose, disseminated on social media, that Trump was knighted by the Queen. The AP cited a particular Tweet, which, in turn, contained

George Parthimos, founder and CEO of Wolfpack Financials LLC, shared the motivation behind his company at Benzingas Fintech Deal Day. Parthimos has several sons who were interested in building a portfolio but were daunted by the complexity of investing in the stock market. Parthimos had the tools to educate his family but knew that many

2020 and 2021 saw a massive expansion of digital offerings across nearly every industry. Many organizations implemented new partnerships to offer digital commerce and payment tools, or even invested in creating their own tools to address the abrupt and urgent need created by the pandemic. This trend was particularly evident in the digital health market,

Its been a bad month for many in the crypto world, including Gemini Exchange and its owners and founders, billionaire twin brothers Tyler Winklevoss and Cameron Winklevoss. On November 16, 2022, Gemini announced on its blog: Genesis Global Capital, LLC (Genesis) the lending partner of the (Gemini) Earn program has paused withdrawals and will not

For two years following the publishing of the now-famous Bitcoin whitepaper in October 2008, the person or people calledSatoshi Nakamoto (presumed to be a pseudonym)who created the cryptocurrency corresponded regularly with the growing community, explaining the concepts behind a decentralized global digital currency. What Happened: Thelast-known message from Nakamoto was sent on Jan.10, 2011. This