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Abu Dhabi, Dubai Shine as Crypto Adoption Continues to Accelerate in MENA

Abu Dhabi, Dubai Shine as Crypto Adoption Continues to Accelerate in MENA
Abu Dhabi, Dubai Shine as Crypto Adoption Continues to Accelerate in MENA
November 13, 2022  |  Cryptocurrency

Home to two of the largest financial centers in the Gulf region — the Abu Dhabi Global Market (ADGM) and the Dubai International Financial Center...

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Meta Kills Portal Hardware Business
Meta Kills Portal Hardware Business
November 13, 2022  |  Meta

Meta Platforms reportedly plans to end its Portal smart display and its smartwatch projects as it focuses on core businesses in the wake of sweeping...

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TikTok Launches eCommerce Feature in US
TikTok Launches eCommerce Feature in US
November 13, 2022  |  eCommerce

TikTok has reportedly entered the U.S. eCommerce market, competing with the likes of Amazon as well as other social media brands looking to become shopping...

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At Least $1B in FTX Funds Reportedly Missing as Global Regulators Move In
At Least $1B in FTX Funds Reportedly Missing as Global Regulators Move In
November 13, 2022  |  Cryptocurrency

Already facing scrutiny from regulators around the world, collapsed crypto exchange FTX is now dealing with a new problem: the disappearance of at least $1...

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Thousands Complain to BBB About Slow Payments From Sports-Betting Apps
Thousands Complain to BBB About Slow Payments From Sports-Betting Apps
November 13, 2022  |  Faster Payments

Consumers have filed roughly 2,400 complaints against the three largest U.S. sports betting operators in the last three years, citing delays or glitches in withdrawing...

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ECB Chair: Regulating Crypto Asset Platforms an ‘Interesting Challenge’
ECB Chair: Regulating Crypto Asset Platforms an ‘Interesting Challenge’
November 13, 2022  |  Cryptocurrency

With crypto exchange FTX under multiple investigations in the wake of its bankruptcy filing on Friday (Nov. 11), regulators around the world are reevaluating the...

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Amazon EU’s Expansion Faces Stiff Competition From Regional eCommerce Retailers
Amazon EU’s Expansion Faces Stiff Competition From Regional eCommerce Retailers
November 13, 2022  |  eCommerce

With the launch of Amazon.com.be last month, Amazon’s European business now covers a bloc of Northern European countries consisting of France, Belgium, Germany and the...

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Report: Bahamian Authorities Investigating FTX
Report: Bahamian Authorities Investigating FTX
November 13, 2022  |  Cryptocurrency

Bahamas-based crypto exchange FTX’s troubles continued this weekend with reports that police and regulators in the Caribbean nation had interviewed former CEO Sam Bankman-Fried. Get...

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Layoffs Loom at Disney as Company Looks to Cut Costs
Layoffs Loom at Disney as Company Looks to Cut Costs
November 13, 2022  |  Streaming

Disney will likely lay off employees as the entertainment goliath embarks on a cost-trimming project, part of a wave of job cuts hitting the media...

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