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The Basel Committee on Banking Supervision (BCBS) has recently expressed its concerns regarding permissionless blockchains that are accessible to the public. The BCBS, which sets the global standards for banking regulations, emphasized that the issue does not lie in the public nature of these blockchains, but rather in their permissionless nature. This means that while
Alibaba has recently completed a three-year regulatory “rectification” process after facing an antitrust fine in 2021 due to monopolistic practices. This process was overseen by China’s State Administration for Market Regulation (SAMR), which stated that Alibaba has made good progress in becoming compliant with antitrust regulations. Following the announcement of Alibaba’s completion of the regulatory
Intel CEO Pat Gelsinger recently admitted that the company has faced significant challenges in light of poor financial performance and investor concerns. Following a disastrous quarterly earnings report, Intel’s stock price plummeted 26%, marking the worst day on Wall Street for the company in over 50 years. The stock is currently down 59% for the
The 2024 Venice Film Festival started with the highly anticipated Tim Burton-Michael Keaton sequel Beetlejuice Beetlejuice. This film is the opening feature of the 81st edition, which will run until September 7 on the Lido. While the festival lineup includes a variety of world premieres, including works from renowned directors such as Todd Phillips, Pedro