Binance CEO Changpeng Zhao Quits, Pleads Guilty, and Must Pay $200 Million in Fines
wired.com/story/binance-cz-ceo-quits-pleads-guilty-breaking-law/
Quick Glance: Binance Faces Billions in Fines, CEO to Step Down Over Money Laundering Charges
- Founder and CEO of Binance, Changpeng Zhao, also known as 'CZ', plans to step down and plead guilty to violating US anti-money laundering regulations, according to a report from the Wall Street Journal.
- The crypto exchange did not respond to multiple requests for comment from TechCrunch regarding the charges.
- Binance was founded in June 2017 and quickly rose to become the world's largest crypto exchange within 180 days.
- In the past 24 hours, Binance's trading volume exceeded $11.6 billion, marking a 515% increase over the second largest exchange, Coinbase, according to CoinMarketCap data.
The Crypto Queen Pulling the Strings at Binance: Yi He, a former talk-show host, has sweeping control over the crypto giant’s marketing and investment divisions ...
wsj.com/finance/currencies/the-crypto-queen-pulling-the-strings-at-binance-1e6dfeb5
WSJ News Exclusive | Binance Founder Changpeng Zhao Agrees to Step Down, Plead Guilty
wsj.com/finance/currencies/binance-ceo-changpeng-zhao-step-down-plead-guilty-01f72a40
Inside Binance’s Guilty Plea and the Biggest Fine in Crypto History: The plea deal was a massive twist in the life of the industry’s most influential figurehead ...
wsj.com/finance/inside-binances-guilty-plea-and-the-biggest-fine-in-crypto-history-e959fca0
Analysis: What to watch during what could be Biden’s final White House correspondents’ dinner
bostonherald.com/2024/04/26/analysis-what-to-watch-during-what-could-be-bidens-final-white-house-correspondents-dinner/
Quick Glance: Fact Check: Biden Repeats Claim of Arrest for Defending Civil Rights. Still No Evidence
- President Joe Biden reiterated his story of allegedly trying to defend the civil rights of Black Americans on 'The Howard Stern Show.' However, there is no evidence to support his claim of ever being arrested at a civil rights protest, as noted by 'The Washington Post' and 'PolitiFact.'
- Biden has told the story of his supposed presence at a specific protest in Delaware at least twice without mentioning an arrest. He stated that the police simply took him home on that day.
- It is impossible to prove definitively whether Biden was present at this or a similar protest over 60 years ago. He has also made other false claims about his personal life in the past.
- Biden falsely claimed to have 'driven an 18-wheeler' and that he never earned $400,000 in a year. During his 2020 presidential campaign, he claimed to have been 'arrested' as a US senator while trying to visit South African anti-apartheid icon Nelson Mandela in prison, which turned out to be untrue.
Ford is losing boatloads of money on every electric vehicle sold: One of the largest automotive companies in the world lost $1.3 billion in its EV-only business ...
techspot.com/news/102755-ford-losing-boatloads-money-every-consumer-electric-vehicle.html
Estée Lauder and Microsoft partner to help beauty brands use generative AI: Estée Lauder partners with Microsoft to form AI Innovation Lab to research and ...
venturebeat.com/ai/estee-lauder-and-microsoft-partner-to-help-beauty-brands-use-generative-ai/
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
- The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.
- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
- Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
AI in a chainsaw? Stream Analyze launches in the U.S. to make ‘stupid’ devices smarter
venturebeat.com/ai/ai-in-a-chainsaw-stream-analyze-launches-in-the-u-s-to-make-stupid-devices-smarter/
Man charged in connection with arson plot after alleged recruitment as Russian spy
itv.com/news/london/2024-04-26/several-people-charged-after-alleged-recruitment-as-russian-spy
Quick Glance: Accusation: Leicestershire man recruited as Russian spy
- An individual from Leicestershire is accused of playing a role as a Russian spy in an arson attack on a business with ties to Ukraine. It is also alleged that Dylan Earl is a member of a banned terror group.
- Among the five individuals charged in connection with the incident is Earl, residing in Elmesthorpe near Hinckley. According to the prosecution, Earl is said to have organized and funded the attack for the benefit of the Russian state.
- Prosecutors claim that Earl, 20, conducted "fraudulent activities, research, and reconnaissance of targets," and attempted to "recruit individuals" to assist a foreign intelligence service. Court documents suggest that Earl is connected to the banned terrorist group, the Wagner Group.
- Earl was first arrested on Wednesday, April 10, and is among the first individuals to be charged under the new National Security Act 2023. The Leicestershire man was charged by Counter Terrorism officers on Friday, April 19, with aggravated arson, preparatory conduct, and aiding a foreign intelligence service. He has been remanded in custody and is scheduled to appear at the Old Bailey on Friday, May 10, alongside the other four men.
Intel reports 9% YoY Q1 growth, driven by computing, AI and edge products: Intel announced its earnings under its new financial structuring model as it seeks to ...
venturebeat.com/ai/intel-reports-9-yoy-q1-growth-driven-by-computing-ai-and-edge-products/
NRN editors discuss bankruptcies, Tropical Smoothie Cafe’s sale, and Chipotle’s impressive quarter. Plus, hear from Skye Anderson ... Show more
NRN editors discuss bankruptcies, Tropical Smoothie Cafe’s sale | Nation's Restaurant News
NRN editors discuss bankruptcies, Tropical Smoothie Cafe’s sale | Nation's Restaurant News
Synthesia takes next leap in AI video with ‘expressive avatars’: Synthesia says healthcare companies could use the new technology to create more empathetic ...
venturebeat.com/ai/synthesia-takes-next-leap-in-ai-video-with-expressive-avatars/
AuditBoard upgrades its risk management platform with built-in LLM descriptions: Prior to AuditBoard, many auditors relied on off-the-shelf spreadsheet software ...
venturebeat.com/ai/auditboard-upgrades-its-risk-management-platform-with-built-in-llm-descriptions/
City centre store in court over sale of illicit tobacco: A city centre store has been fined after it was found to be selling counterfeit cigarettes and illegal ...
thetelegraphandargus.co.uk/news/24273894.city-centre-store-court-sale-illicit-tobacco/
Over 100 Inmates Escape Prison Due to Heavy Rains: A search is on for the scores of prisoners who fled after rain brought down a perimeter fence ...
allafrica.com/stories/202404250526.html
Bedford council must pay full costs to developer after losing a planning appeal: But the figure is ‘yet to be determined’
bedfordtoday.co.uk/news/politics/council/bedford-council-must-pay-full-costs-to-developer-after-losing-a-planning-appeal-4604396
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National urgency: Labour Minister calls for collective action on Occupational Safety and Health - Guyana Chronicle
guyanachronicle.com/2024/04/25/national-urgency-labour-minister-calls-for-collective-action-on-occupational-safety-and-health/
South Africa: Sassa Workers Busted in Grant Fraud Scheme - South African News Briefs - April 25, 2024
allafrica.com/stories/202404250034.html
Binance Founder Should Get 3 Years in Prison, Prosecutors Say: Lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should ...
nytimes.com/2024/04/24/technology/binance-changpeng-zhao.html
Quick Glance: DOJ Calls for Binance Founder to Spend Three Years in Prison
- The U.S. Department of Justice stated that Binance's founder, Changpeng "CZ" Zhao, should spend three years in prison for enabling the crypto exchange to violate federal laws on money laundering and sanctions.
- Zhao pleaded guilty to violating the Bank Secrecy Act, with the DOJ recommending a 36-month prison sentence and a $50 million fine.
- Emphasizing the need for a significant punishment, the DOJ highlighted Zhao's financial gains from illegal activities and the importance of deterring others from similar actions.
- The court will decide between incarceration and probation for Zhao, with his defense arguing against his knowledge of specific transactions and advocating for probation due to a lack of risk of repeat offenses.
Could Trump Go to Prison? If He Does, the Secret Service Goes, Too: Officials have had preliminary discussions about how to protect the former president in the ...
nyti.ms/3JtJN2r
UPS sees profit in US Postal Service work that dragged down FedEx earnings: United Parcel Service expects its newly won U.S. Postal Service (USPS) air cargo ...
reuters.com/business/ups-sees-profit-us-postal-service-work-that-dragged-down-fedex-earnings-2024-04-23/
Nvidia to purchase Run:ai for $700M, further asserting its dominance in the AI stack
venturebeat.com/ai/nvidia-to-purchase-runai-for-700m-further-asserting-its-dominance-in-the-ai-stack/
Nvidia to purchase Run:ai for $700M, further asserting its dominance in the AI stack
venturebeat.com/ai/nvidia-to-purchase-runai-for-700m-further-asserting-its-dominance-in-the-ai-stack/
Snorkel Flow update makes it easier to use your enterprise data with Llama 3, Gemini AI
venturebeat.com/data-infrastructure/snorkel-flow-update-makes-it-easier-to-use-your-enterprise-data-with-llama-3-gemini-ai/
‘In the US they think we’re communists!’ The 70,000 workers showing the world another way to earn a living
theguardian.com/lifeandstyle/2024/apr/24/in-the-us-they-think-were-communists-the-70000-workers-showing-the-world-another-way-to-earn-a-living
Artisan Value Fund Q1 2024 Commentary: Artisan Value Fund's portfolio performed roughly in line with the Russell 1000 Value Index. Click here to read the full ...
seekingalpha.com/article/4685661-artisan-value-fund-q1-2024-commentary
Cohere releases toolkit to accelerate generative AI app development in the enterprise
venturebeat.com/ai/cohere-releases-toolkit-to-accelerate-generative-ai-app-development-in-the-enterprise/
The Gender and Child Affairs Ministry is advocating for “all of society” to work towards the protection of the nation’s children and is calling for a “synergy ... Show more
Gender & Child Affairs Ministry asserts: ‘Child protection is everyone’s business’ - CNC3
Gender & Child Affairs Ministry asserts: ‘Child protection is everyone’s business’ - CNC3
Nooks raises $22M to empower sales reps with its AI-powered call platform: Nooks received new funding for its AI platform helping salespeople have more ...
venturebeat.com/ai/nooks-raises-22m-to-empower-sales-reps-with-its-ai-powered-call-platform/
HubSpot unveils Intercom-like updates to its Service Hub and other AI tools for SMBs
venturebeat.com/ai/hubspot-unveils-intercom-like-updates-to-its-service-hub-and-other-ai-tools-for-smbs/
OJK to legitimize firms that credit-score the unbanked - Regulations - The Jakarta Post
thejakartapost.com/business/2024/04/23/ojk-to-legitimize-firms-that-credit-score-the-unbanked.html
Ready to take your sustainability strategy to the next level?
Join our ESG Workshop from 19-20 June 2024 and gain valuable insights from Mr. Herk Ng ... Show more
ESG and Sustainable Strategies for Executive Leaders Workshop 2024 Tickets, Wed 19 Jun 2024 at 09:00 | Eventbrite
ESG and Sustainable Strategies for Executive Leaders Workshop 2024 Tickets, Wed 19 Jun 2024 at 09:00 | Eventbrite
South Africa: Nearly Half of South Africans Can't Afford Basics - Survey - South African News Briefs - Apri...
allafrica.com/stories/202404240030.html
150 jobs at risk as company faces $20m debt: A huge national company, which is a major supplier to the building industry, has fallen into voluntary ...
news.com.au/finance/business/manufacturing/major-roofing-manufacturer-in-voluntary-administration-with-20m-debt/news-story/2d786c668539a7768945c5a42fad8dfb
Review: "New" Emirates First Class Airbus A380 (DXB-IAH): Detailed review of Emirates' amazing Airbus A380 first class, on a refreshed plane ...
onemileatatime.com/reviews/emirates-first-class-airbus-a380/
[INTERVIEW] AIMMO eyes global expansion in AI-driven self-driving market : AIMMO, predicting increased use of AI technology for data collection and utilization ...
koreatimes.co.kr/www/tech/2024/04/133_373268.html
US business activity cools in April; inflation measures mixed: U.S. business activity cooled in April to a four-month low due to weaker demand ...
reuters.com/markets/us/us-business-activity-cools-april-inflation-measures-mixed-2024-04-23/
The Ugly Truth About the Wild Animals of Instagram: Many of the thrilling animal photos on your social media feeds are taken at game farms — places insiders say ...
rollingstone.com/culture/culture-features/photography-game-farms-exploiting-wild-animals-1235002275/
54 Samsung business sites went lights out for 10 minutes yesterday: Earth Day is an annual event aimed at supporting environmental causes and raising awareness ...
sammobile.com/news/54-samsung-business-sites-lights-out-for-10-minutes-yesterday/
South Africa: Johannesburg Power Outage Threatens Critical Healthcare - South African News Briefs - April 2...
allafrica.com/stories/202404230027.html
Calling all Generative AI disruptors of the enterprise! Apply now to present at Transform 2024
venturebeat.com/ai/calling-all-generative-ai-disruptors-of-the-enterprise-apply-now-to-present-at-transform-2024/
Express Goes Bankrupt With Planned Sale to WHP, Store Closures: Express Inc., the clothing retailer that’s a staple in US malls, filed for bankruptcy with plans ...
bloomberg.com/news/articles/2024-04-22/express-goes-bankrupt-as-whp-led-group-flags-interest-in-stores
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What’s open and closed in and around Philly for the primary election: Trash pickup, mail, grocery stores, and more
inquirer.com/politics/primary-election-day-philadelphia-trash-pickup-closing-opening.html
More than half of US has tried generative AI according to Adobe Analytics: 41% of Americans now expect brands to use gen AI to enhance customer service ...
venturebeat.com/ai/more-than-half-of-us-has-tried-generative-ai-according-to-adobe-analytics/
Molly-Mae Hague fans say she’s in her ‘hot mumma era’ in £85 COS jeans: Never one to have a bad fashion day, thousands of fans are living for Molly Mae's ...
metro.co.uk/2024/04/22/molly-mae-hague-fans-say-hot-mumma-era-85-cos-jeans-20695615/
Tesco accused of undercutting local shops via its wholesale business: Independent shopkeepers say prices they pay at supermarket’s cash-and-carry arm Booker are ...
theguardian.com/business/2024/apr/22/tesco-accused-of-undercutting-local-shops-via-its-wholesale-business
Petrobras: We Shouldn't Be Unnerved By The Overblown Dividend Crisis: Petrobras investors faced significant uncertainty over the extraordinary dividend payouts ...
seekingalpha.com/article/4685005-petrobras-stock-should-not-unnerved-overblown-dividend-crisis
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Visa: A Growth And Buyback Machine With Impressive Dividend Growth: Visa, a multinational financial services corporation, is now a $554 billion (by market cap) ...
seekingalpha.com/article/4685011-visa-growth-buyback-machine-impressive-dividend-growth
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Yes, inflation has slowed, but business is still paying the price – and so are you
theguardian.com/business/2024/apr/21/inflation-small-business-materials-services
Make yourself a truth worth telling in future: Many believe that branding is about making appealing facades.
nation.africa/kenya/blogs-opinion/opinion/make-yourself-a-truth-worth-telling-in-future-4597624
Mastercard Expands Benefits for Cardholders Focused on Wellness, Travel, and Lifestyle
smallbiztrends.com/mastercard-benefits-wellness-travel-lifestyle/
Dell: The AI Juice Could Be Running Out: Buyers looking to exploit Dell's early AI developments should realize they are likely late to the party ...
seekingalpha.com/article/4684900-dell-the-ai-juice-could-be-running-out-stock
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Lesaka: An Undervalued Fintech Gem: Lesaka has made significant progress in its turnaround efforts and is ready to accelerate growth ...
seekingalpha.com/article/4684936-lesaka-an-undervalued-fintech-gem
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Are restaurant service charges a tipping point for change?: In growing numbers, mandatory fees are showing up on restaurant checks. What are they? And what does ...
orlandosentinel.com/2024/04/21/restaurant-service-charges-fees-tipping-controversy/
Netflix: Chill, It's Still The Streaming Leader By A Mile (Downgrade): Concerns over Netflix's decision to stop reporting metrics have led to a 15% drop in stock ...
seekingalpha.com/article/4684845-netflix-still-streaming-leader-downgrade
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What is a Business Audit?: What is a business audit, and do you need one? Here is everything you need to know to keep your business in compliance and running ...
smallbiztrends.com/business-audit-2/
White Brook Capital - PetIQ: Guidance And Street Estimates Are Too Conservative: PetIQ's guidance and street estimates are too conservative. Why do we say PETQ ...
seekingalpha.com/article/4684897-petiq-stock-guidance-and-street-estimates-are-too-conservative
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Ensemble Capital - Perimeter Solutions: Doing Truly Difficult And Important Things Really Well
seekingalpha.com/article/4684890-perimeter-solutions-stock-doing-truly-difficult-and-important-things-really-well
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Binance co-founder He Yi says CZ received ‘most optimal outcome’: Co-founder of cryptocurrency exchange Binance He Yi told an audience in Dubai that disgraced ...
cointelegraph.com/news/binance-co-founder-he-yi-changpeng-cz-zhao-received-most-optimal-outcome
Watcher to Remove YouTube Videos, Launches Paid-Subscription Service: Watcher Entertainment is removing its videos from YouTube and moving all original series to ...
variety.com/2024/digital/news/watcher-removing-youtube-videos-subscription-service-1235974091/
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Liberia: Mass Dismissal of Presidential Guards Sparks Concern: Approximately 200 officers of the Executive Protection Service (EPS) are reported to be facing ...
allafrica.com/stories/202404190202.html
Ghana: 609 Die in Road Crashes 1st Quarter 2024: At least 609 people died nationwide in road crashes during the first quarter of this year ...
allafrica.com/stories/202404190234.html
Charlottesville-based Tiger Fuel acquires Fredericksburg-based fuel supplier: Tiger Fuel will be acquiring Fredericksburg-based, family-owned and -operated fuel ...
dailyprogress.com/news/local/business/charlottesville-based-tiger-fuel-acquires-fredericksburg-based-fuel-supplier/article_8a3a10de-fcf0-11ee-9e2e-0f24f46da2c0.html
In Germany, food prices in particular have risen sharply recently. A Berlin start-up is trying to turn food waste into a business model by saving food and ... Show more
Infection drivers in the pandemic: How dangerous were supermarkets really during Corona?
spiegel.de/wirtschaft/corona-wie-gefaehrlich-waren-supermaerkte-waehrend-der-pandemie-wirklich-a-487e0548-5655-4459-b373-98ad5d06e48c
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Cocaine discovered in banana crates in several supermarkets: The cocaine was hidden in banana boxes: Large quantities of the drug were discovered in several ...
tagesschau.de/inland/regional/brandenburg/rbb-berlin-und-brandenburg-drogen-in-mehreren-supermaerkten-entdeckt-100.html
The city opening NZ's biggest independent supermarket, shaking up the sector and giving Kiwis an option that's not owned by the big guys 💪 👇
Jelly Babie, 18, recorded herself insulting a Big Save supermarket employee and was completely shunned by her social media followers who unfollowed her in ... Show more
KPLC to pay Sh500 million for Nakumatt fire tragedy: KPLC will pay the owner of a building that housed Nakumatt Downtown supermarket more than Sh500 million for ...
standardmedia.co.ke/business/business/article/2001493801/kplc-to-pay-sh500-million-for-nakumatt-fire-tragedy
20 banks and thrifts with the most assets: The top five banks and thrifts had combined assets of more than $13 trillion as of December 31, 2023.
americanbanker.com/list/20-banks-and-thrifts-with-the-most-assets
The story of India’s unique ‘Milk Revolution’ is going to the Cannes Film Festival
scroll.in/reel/1067120/the-story-of-indias-unique-milk-revolution-is-going-to-the-cannes-film-festival
Laboratory instead of slaughterhouse: meat from the printer soon in the supermarket?
kreiszeitung.de/leben/einfach-tasty/ohne-leiden-labor-statt-schlachthof-fleisch-drucker-bald-im-supermarkt-zellbasiert-dummerstorf-tiere-zr-93016819.html
Young girls steal from senior citizen in front of penny market: In Bargteheide, a senior woman's wallet was torn out of her hand (symbolic image).
abendblatt.de/region/stormarn/article242187410/Junge-Maedchen-bestehlen-Seniorin-vor-Penny-Markt.html
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Nominal wages in Switzerland rose by 1.7 percent in 2023. At the same time, inflation rose by 2.1 percent. The purchasing power of wages therefore fell by 0 ... Show more
Major supermarket issues urgent recall over popular own brand butter: UK Supermarket Waitrose is urgently recalling its own brand butter over fears it contains ...
metro.co.uk/2024/04/25/major-supermarket-issues-urgent-recall-popular-brand-butter-20715751/
Quick Glance: Supermarket recalls own brand butter due to safety concerns
- Waitrose is urgently recalling its own brand butter due to potential contamination concerns.
- The impacted products are 500g blocks with the best before date of June 19, 2024.
- The potential contamination of the product poses a safety risk if consumed.
- Customers are advised to package the product and return it in-store for a refund.
Tafel Bruchsal: Why there are never cans, but there is Christmas tea in April: The social supermarket wants to help those in need with cheap food ...
bnn.de/kraichgau/bruchsal/tafel-bruchsal-warum-es-nie-dosen-gibt-aber-weihnachtstee-im-april
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Aldi has two new rules for £3.30 bags filled with £10 worth of food: The supermarket has sold more than 500,000 of the bags since launch, and is now making it ...
walesonline.co.uk/whats-on/shopping/aldi-two-new-rules-330-29066443
'I look 20 years younger than my real age thanks to 50p supermarket staple': A woman and her daughter have shared the key to looking younger, and many will be ...
mirror.co.uk/money/i-look-20-years-younger-32680402
Unlock the power of your firm's unstructured data with AI: Hear how Box helps Financial Services organizations create seamless experiences for their customers ...
americanbanker.com/web-seminars/unlock-the-power-of-your-firms-unstructured-data-with-ai
Many commuters and holidaymakers: shops in Bargeshagen benefit from their location on the B105
ostsee-zeitung.de/lokales/rostock-lk/bad-doberan/viele-pendler-und-urlauber-geschaefte-in-bargeshagen-profitieren-von-lage-an-b105-LF3KIT3ARJDZDOHKMVNPX2HBOA.html
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Fuelled by Katie, Carlisle launches new menu - review: In 2024, you can eat at restaurants and bakeries inside laundromats, graveyards and abandoned tubes but ...
newsandstar.co.uk/news/24278168.fuelled-katie-carlisle-launches-new-menu---review/
Burglary, theft and destructiveness: Because of cigarettes: thieves cause great damage to the new supermarket in Samswegen
volksstimme.de/lokal/wolmirstedt/wegen-zigaretten-diebe-richten-im-neuen-supermarkt-in-samswegen-grossen-schaden-an-3833415
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Purbrook pictures show groundwork for Lidl supermarket as new store coming to Havant near Leigh Park site
portsmouth.co.uk/business/pictures-show-groundwork-to-make-way-for-new-discount-supermarket-4606991
Stocks hit by tech slump; yen flails at intervention zone - Markets - The Jakarta Post
thejakartapost.com/business/2024/04/25/stocks-hit-by-tech-slump-yen-flails-at-intervention-zone.html
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