9th US telecoms firm is hit by Chinese espionage campaign

WASHINGTON (AP) – A ninth U.S. telecommunications company has given Beijing officials access to the private text messages and phone conversations of an unspecified number of Americans in a massive Chinese espionage operation. A senior White House official said the attack was confirmed as part of the hack. Friday. Biden administration officials announced this month […]
Little-known Canadian crypto firm Matador adds Bitcoin to its books – Cointelegraph

Canadian real-world asset tokenization company Matador Technologies has become the latest company to incorporate Bitcoin into its treasury. company said The company announced on December 23 that its board of directors had unanimously approved adding Bitcoin (BTC) and “US dollar-denominated assets” to its balance sheet as part of what it calls a “long-term capital preservation […]
Nordstrom to go private as family sells chain to Mexican firm

Department store chain Nordstrom has been acquired by its founding family and Mexican retailer Liverpool in an all-cash deal for nearly $4 billion, taking it private at a time when luxury retailers are grappling with weak demand. Nordstrom announced Monday that its shareholders will receive $24.25 for each share they own, an increase from the […]
Trump: Japanese Firm ‘SoftBank’ Will Invest $100B In U.S., Creating At Least 100,000 Jobs

PALM BEACH, Fla. – Dec. 16: SoftBank CEO Masayoshi Son speaks with U.S. President-elect Donald Trump and Trump's pick for Secretary of Commerce, Cantor, at Trump's Mar-a-Lago resort on Dec. 16.・Gives a speech with Fitzgerald Chairman and CEO Howard Lutnick (left). , 2024, Palm Beach, Florida. (Photo by Andrew Harnik/Getty Images) OAN Staff Brooke Mallory11:25am […]
Jim Acosta after ABC settles Trump defamation suit: ‘This is a time for our industry to stand firm’

CNN host Jim Acosta defended mainstream media after ABC decided to settle a defamation lawsuit brought by President-elect Donald Trump over its coverage of his lawsuit with E. Jean Carroll. President Trump spoke after Stephanopoulos said in an interview with Rep. Nancy Mace (RS.C.) that Trump was found “responsible for rape” in the E. Jean […]
Gold price stays firm on Monday as market awaits FOMC meeting – FXStreet

Gold prices rose despite a slight rise in the US dollar following mixed PMI data. Investors are awaiting the Fed's rate decision and economic outlook, expecting a 25bps rate cut on Wednesday. Markets are speculating on the Fed's future monetary policy based on the possibility of inflationary pressure from Trump's policies. Gold prices rose slightly […]
Dan Morehead Unveils Pantera Capital’s Crypto Holdings, Says Firm Owns Bitcoin and Other ‘Interesting’ Altcoins – The Daily Hodl

The CEO of Pantera Capital, an investment firm focused on digital assets, said his company owns several other cryptocurrencies in addition to Bitcoin (BTC). In a new interview with CNBC, Dan Morehead said he thinks Bitcoin and cryptocurrencies still have room to rise this cycle. Morehead notes that his firm has accumulated positions in three […]
NJ’s largest utility firm begs feds to shut down airspace over nuclear plant as mystery drones spotted

New Jersey's largest power company has asked the federal government to halt all air traffic around two nuclear power plants after drones were spotted over sensitive areas, The Post reported. I found out from the news. Rep. Fred Van Drew (R-N.J.) confirmed to the Post that PSE&G submitted the request to the Federal Aviation Administration […]
Biden Admin Goes After Finance Firm Led By Trump Cabinet Nominee

The Securities and Exchange Commission (SEC) on Thursday charged Cantor Fitzgerald LP, a global financial services firm led by one of President-elect Donald Trump's Cabinet nominees, with alleged violations of federal securities laws. The SEC has indicted a financial company on charges that it caused two special purpose acquisition companies (SPACs) it controlled to make […]
Staffing Firm Discriminated Against U.S. Graduates

Bloomberg News reports that major U.S.-based companies are using the H-1B visa program to fill low-wage Indian college graduates into white-collar jobs in the U.S., while hiring American college graduates. was discriminating against. The company, Cognizant Technology Solutions Corp., repeatedly promised to hire more U.S. graduates, but those promises were “all smoke and mirrors,” said […]