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Nov 8 (Reuters) - Crypto exchange FTX saw around $6 billion of withdrawals in the 72 hours before Tuesday morning, according to a message to staff sent by its CEO Sam Bankman-Fried that was seen by Reuters. In a surprise move, Changpeng Zhao, boss of major rival Binance, said on Tuesday the company signed a nonbinding agreement to buy FTX's non-U.S. unit, FTX.com, to help cover a "liquidity crunch" at FTX. Things were mostly average until this weekend, a few days ago," Bankman-Fried wrote in a message to staff sent on Tuesday morning. "In the last 72 hours, we've had roughly $6b of net withdrawals from FTX," he wrote, adding that withdrawals at FTX's main unit, FTX.com, are "effectively paused," an issue that would be resolved in "the near future." Reporting by Angus Berwick in New York and Tom Wilson in London Editing by Jan Harvey and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
He said Binance, the world's biggest crypto exchange, will be conducting due diligence in the coming days as the next step toward an acquisition of FTX.com. The U.S. operations of Binance and FTX are not part of the deal, Bankman-Fried said in a separate tweet. FTX token - which gives holders discounts on FTX trading fees - was last trading at 18.38. On Sunday, Zhao said his firm would liquidate its holdings of the FTX token due to unspecified "recent revelations." "A *huge* thank you to CZ, Binance," Bankman-Fried wrote, referring to the rival CEO who goes by his initials.
Nov 8 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. There's a meltdown in the Wild West of crypto, equity markets lose their recently-found Mojo, volatility spikes higher and investors flock to U.S. Treasuries for safety and security. But leaving to one side the intraday chop and churn, particularly in crypto, investors may even feel a sense of comfort with what is a recognizable play-book. One example is the S&P 500 'SKEW' options index of implied volatility, which is at its lowest level since 2009. Investors are paying the least in 13 years to protect themselves against - an outsized fall on Wall Street versus an outsized rise.
Binance reached an agreement to purchase Sam Bankman-Fried's crypto exchange FTX on Tuesday. Here's what happened as FTX went from market heavyweight to being acquired by a rival. Balance sheets and billionairesBankman-Fried's empire is diverges in two branches: FTX, a cryptocurrency exchange, and Alameda Research, a crypto trading firm. The price of other cryptocurrencies including Solana's SOL, bitcoin, and ether dropped Tuesday as well, as worries seeped across the broader crypto market. "Binance is likely coming in and saying they will cover the liabilities for FTX, and then effectively have FTX hand over the rest of their assets."
Binance, the world's largest cryptocurrency firm, has reached a deal with Sam Bankman-Fried's FTX to buy the rival crypto exchange for an undisclosed amount, rescuing the company from a liquidity crisis. The deal, according to Tweets from both Zhao and Bankman-Fried, rests on a non-binding letter of intent, pending full due diligence. A major sell-off began Monday evening amid concerns surrounding the solvency of both FTX and its sister trading firm, Alameda Research. Zhao said in his tweet that Binance has about $2.1 billion worth of FTT and BUSD, the fiat-backed stablecoin issued by Binance and Paxos, combined. The revelation also sparked concern about Alameda Research, Bankman-Fried's trading firm and sister company to FTX.
Nov 8 (Reuters) - Binance Chief Executive Changpeng Zhao said on Tuesday the company had signed a non-binding agreement to buy rival FTX's unit, FTX.com, to help cover a "liquidity crunch" at the cryptocurrency exchange. Reporting by Niket Nishant in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.
There are many Netflix hacks, tips, and tricks you can use to improve your viewing experience. But did you know that you can watch Netflix, even without an internet connection? Shayanne Gal/Business InsiderIf you're watching Netflix on your Mac or PC, you don't need to use your mouse to control everything. Each Netflix profile has an "HD Toggle," which lets you select what video quality Netflix should stream in by default. You can pick from Low, Medium, or High, or Auto, which will give you whatever video quality Netflix feels your internet can handle.
read more read moreSaudi Arabia and the United Arab Emirates, the region's two largest economies, both increased rates by 75 basis points. The Saudi central bank, also known as SAMA, lifted its repo and reverse repo rates to 4.5% and 4%, respectively. Saudi Arabia's benchmark index (<.TASI>) dropped 0.8%, hit by a 1.6% fall in Al Rajhi Bank (<1120.SE>) and a 2.1% drop in Riyad Bank (<1010.SE>). Since Oct. 27, SNB market-cap has shed 25.74 billion riyals ($6.85 billion), according Refinitiv Eikon Data. Outside the Gulf, Egypt's blue-chip index (<.EGX30>) rose 0.2%, helped by a 1.2% gain in Commercial International Bank Egypt (<COMI.CA>).
The Philadelphia Phillies are facing the Houston Astros in the 2022 World Series. 2022 World Series scheduleEvery game of the 2022 World Series will air on Fox, and the series will continue until one team wins four games and clinches the championship. Game Date & Time Channel Score Philadelphia Phillies at Houston Astros, Game 1 October 28, 8:03 p.m. ET Fox Philadelphia Phillies 6, Houston Astros 5 Philadelphia Phillies at Houston Astros, Game 2 October 29, 8:03 p.m. ET Fox Houston Astros 5, Philadelphia Phillies 2 Houston Astros at Philadelphia Phillies, Game 3 November 1, 8:03 p.m.
According to Musk, the Twitter acquisition will play a part in the creation of a super app called X. If Musk plans to turn Twitter into X, it will likely mean bringing in many new features. Although reports vary about Musk's full intentions, the billionaire has made repeated claims that the acquisition would play a part in the creation of a super app, or what he has also referred to as an "everything app." If Musk plans to create his everything app with Twitter it will mean bringing in many new features. 'Grand vision'Musk has stated that the Twitter acquisition may speed up the creation of his super app by three to five years.
The Philadelphia Phillies will face the Houston Astros in the 2022 World Series on Fox. The 2022 World Series begins October 28, with a potential game seven scheduled for November 5. You can stream the World Series on Fox through services like YouTube TV, Sling TV, and Fubo TV. 2022 World Series scheduleEvery game of the 2022 World Series will air on Fox, and the series will continue until one team wins four games and clinches the championship. Game Date & Time Channel Philadelphia Phillies at Houston Astros, Game 1 October 28, 8:03 p.m.
Elon Musk is set to acquire Twitter by the October 28 deadline set by a judge. Rapyd exec Larry Lee says Musk has the best chance at creating a super app from scratch in the US. Larry Lee, Rapyd's global head of financial networks, said Elon Musk is the "best chance" the US has for creating a so-called super app from scratch. A super app is a mobile or web-based application acting as a one-stop shop for consumers' financial and commerce needs. But the key to becoming a super app is having reasons for the user to use it daily or even multiple times throughout the day.
Register now for FREE unlimited access to Reuters.com RegisterThe trio of stocks presented by Smith have fallen between 37% and 54% this year. Smith was detailing the thesis of his most recent investments at the 13D Monitor Active-Passive Investor Summit on Tuesday. "We think there's significant upside at Splunk," Smith said noting the company could boost free cash flow margins and maintain strong growth profile that could allow Splunk to generate eight to $9 of free cash flow per share by 2025. He added that, as well as growing profitability, Splunk's business made it highly attractive as a potential acquisition target. "This dynamic creates multiple ways to win and makes the investment in Splunk even more interesting," he added.
While many factors can contribute to this phenomenon, such as overwork or tension between co-workers, managers can play a part in helping to make their reports' work lives a little bit less stressful. Here's how work experts recommend managers help their reports avoid burnout. Your team needs to hear 'that you're a human being'"It starts with psychological safety," says Gavin. "Your team members need to feel like you are willing to prioritize them," says Gavin. Without that level of openness, you won't be able to help them solve whatever problems could lead to their burnout.
Elon Musk has discussed his plans for X, an "everything app," in Twitter and in private texts. AP Photo/Jacquelyn MartinPrivate texts about a blockchain-based platformMusk has also discussed creating a social media platform built on a blockchain. In April, the billionaire privately outlined his idea for a "Doge" social media platform in texts to his younger brother, Kimbal Musk. "I have an idea for a blockchain social media system that does both payments and short text messages/links like Twitter," Musk texted. A battle against botsOne thing is clear throughout Musk's dealings with Twitter — the billionaire's social media platform will be tasked with eliminating scam accounts.
Last week, Killnet targeted the websites of several U.S. states, successfully knocking Colorado.gov offline for more than a day and briefly interrupting Kentucky.gov. Killnet frequently posts lists of targeted websites on its Telegram channel, encouraging fellow Russia supporters with entry-level hacker skills to join it in trying to disrupt them. The U.S. Department of Transportation and Hartsfield-Jackson Atlanta International Airport didn’t immediately respond to requests for comment. It listed the city of Chicago’s general air travel website, flychicago.com, which was inaccessible Monday, but not that of its major airports, like O’Hare International or Midway International. Similarly, it targeted Hawaii’s state website for air travel, which was also inaccessible, but not Honolulu International.
Elon Musk says buying Twitter will accelerate the creation of X, an "everything app." Musk has offered the buy Twitter for the original price of $44 billion he offered in April. The Tesla CEO has previously teased X.com as a possible Twitter competitor. Musk followed up news of his renewed offer to buy the company with a tweet claiming the move would accelerate the creation of "X, the everything app." Musk has previously teased X.com as a possible Twitter competitor.
Nearly half, 48% of employees and 53% of managers report that they're burned out at work, according to Microsoft's 2022 Work Trend Index. Here's how to identify which type of burnout you might be experiencing, and how to alleviate it. Disengagement vs. depletionOne type of burnout can occur when you're tired of doing your job, specifically. The other type of burnout is a chronic fatigue in life at large, or depletion of energy. To figure out which type of burnout you're experiencing and what in your job is causing it, Gavin recommends asking yourself four questions ― and do it on paper, she says, not in your head.
Here are Thursday's biggest calls on Wall Street: Wells Fargo initiates Coinbase as underweight Wells said in its initiation of the crypto company that it sees too many headwinds for shares of Coinbase. Cowen initiates CyberArk as outperform Cowen said it sees "growth and profitability" for the company. Stifel reiterates Marvell as buy Stifel said Marvell is one of the resilient stocks in the firm's coverage. Rosenblatt upgrades Apple to buy from neutral Rosenblatt said that its survey checks show consumers love the latest iPhone products. "We upgrade Apple to Buy from Neutral, and move our price target up $29 to $189.
Activist Commentary: Starboard is a very successful activist investor and has extensive experience helping companies focus on operational efficiency and margin improvement. Starboard has had a notable track record with web applications companies going back to 2004 with their 13D investment in Register.com. Starboard has extensive experience in helping companies optimize growth and margins, typically from a board level. There is one other similarity between Wix and many other Starboard activist positions. Ken Squire is the founder and president of 13D Monitor, an institutional research service on shareholder activism, and he is the founder and portfolio manager of the 13D Activist Fund, a mutual fund that invests in a portfolio of activist 13D investments.
The US dollar dropped against the Japanese yen on Thursday after Japan intervened in the currency market for the first time since 1998. The dollar lost as much as 2.6% when it hit 140.33 against the Japanese yen, the lowest level since September 6. It was Japan's first currency market intervention since 1998. The dollar this year has climbed 25% against Japan's currency, underscoring the greenback's broad strength against major currencies as the Federal Reserve aggressively raises rates to combat inflation. "Alongside growing rate differentials, Japan's weak trade balance (in part due to elevated energy prices) has also contributed to the yen's weakening.
It is these stark differences in approach to business, management, and culture that make the story so engrossing. Thanks to a 2007 Fortune magazine cover story complete with a Godfather-esque photo, the "PayPal Mafia" have taken on unjustified mythic status in Silicon Valley. The Founders provides the tools needed to develop a more balanced view of Silicon Valley and its larger-than-life personalities. It also suggests which aspects of that era of Silicon Valley culture are worth preserving — or maybe even rediscovering. His most recent book is "The Platform Delusion: Who Wins and Who Loses in the Age of Tech Titans."
Best Apple Watch bands for working out in 2023
  + stars: | 2022-01-28 | by ( Ellen Mcalpine | ) edition.cnn.com   time to read: +5 min
Here are our favorite bands for working out with the Apple Watch. Apple Sport Loop ($49; amazon.com and apple.com)Apple Sport Loop AppleThe Apple Sport Loop is designed with tough workouts in mind. Nike Sport Band ($49; apple.com and bestbuy.com)Nike Sport Band AppleThis classic Sport Band is made from fluoroelastomer with compression molded holes that allow your skin to breathe throughout your workout. CaseMate Pelican Apple Watch Bumper ($20; case-mate.com)CaseMate Pelican Apple Watch Bumper CaseMateThe tough TPU construction of this watch bumper from Pelican means it’ll keep your watch protected from any mishaps or damage, whether you’re concerned about dust and dirt while out on the trails or worried about bumps from equipment in a weight room. Tefeca Breathable Sport Loop ArmBand for Apple Watch ($17.99; amazon.com)Tefeca Breathable Sport Loop ArmBand for Apple Watch AmazonDon’t feel like wearing your Apple Watch on your wrist?
Sursa foto: vox.comRaport alarmant al ONU: „Am distrus planeta; Greul abia începe”O versiune preliminară a raportului privind schimbările climatice de la Grupul interguvernamental de experți în evoluția climei (IPCC) din cadrul Organizației Națiunilor Unite (ONU) lansează un avertisment sumbru. Omenirea se află pe punctul de distrugere planetară mulțumită numeroaselor pericole cauzate de schimbările climatice tot mai grave. Omenirea a distrus planeta, iar noi vom culege roadele foarte, foarte curând. „Viața pe Pământ își poate reveni. Raportul arată că există o posibilitate foarte reală ca timpul omenirii pe planeta Pământ să se apropie de sfârșit.
Persons: ., Omenirea Organizations: ONU, Organizației Națiunilor Unite Locations: Paris
В Украине выявили индийский штамма коронавируса (delta). По словам Данилова, индийский штамм коронавируса обнаружили у женщины 66 лет и 16-летнего подростка, которые недавно вернулись из России. У нас нет тестов, которые обнаруживают именно „индийский“ штамм, поэтому мы обратились к ВОЗ», — отметил Данилов. Накануне, 22 июня, Всемирная организация здравоохранения (ВОЗ) сообщила, что индийского штамма коронавируса зафиксировали в 92 странах. По словам представителя ВОЗ Марии Ван Керкхове, вариант «дельта» вызывает беспокойство у организации, поскольку очень быстро распространяется по миру.
Persons: , Алексей Данилов, Данилов, Мария Ван Керкхове, Керкхове Organizations: Совет национальной безопасности и обороны (СНБО), ВОЗ, Всемирная организация здравоохранения (ВОЗ) Locations: Украина, Россия
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