Beijing has been forced to backtrack after its ambassador to France sparked a furore in Europe at the weekend by questioning the legal status of former Soviet states and Ukraine’s sovereignty over Crimea. China’s foreign ministry on Monday contradicted the comments from Lu Shaye, who had infuriated European capitals and fuelled distrust about Beijing’s ambitions
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The platform developed for the digital ruble will be able to operate with different state-issued digital currencies, the Bank of Russia said. Mechanisms for interaction with digital coins minted by the central banks of other countries are already under development, the monetary authority unveiled. Digital Ruble Platform to Support Integration With Other CBDCs, Bank of
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Top Stories This Week Elon Musk threatens Microsoft with lawsuit, claims AI trained on Twitter data Microsoft has been threatened with a lawsuit from Twitter CEO Elon Musk, who claimed the Big Tech firm “illegally” trained its artificial intelligence on Twitter data. The entrepreneur suggested that Microsoft mined user tweets to train its AI-powered applications.
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The show Macro Markets, hosted by crypto analyst Marcel Pechman, which airs every Friday on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on day-to-day crypto activity. This week’s show starts by discussing the mutual fund industry, including the
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A so-called “fix” for Chicago’s “Tier 2” firefighters to ensure benefits meet federal requirements carries a $350 million price tag. That’s what officials told a House committee that moved the bill forward over the city’s objections. And a police “fix” carries a more burdensome toll of at least $1 billion, sources said. “The city of
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Many of the biggest names in British business quit the CBI on Friday after a second allegation of rape threatened the survival of the employers’ organisation. Groups ranging from insurer Aviva and car manufacturers Jaguar Land Rover and BMW to payments company Mastercard and retailer John Lewis said they were cancelling their memberships after the
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Dogecoin suffered a big blow on April 20, popularly known as “Dogeday” thanks to the failed test launch of SpaceX’s Starship rocket and downturn in the broader crypto market.  The SpaceX rocket, which featured the Dogecoin mascot on its side, disintegrated four minutes after its launch. Still, the company’s employees including Elon Musk cheered the
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In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google’s construction site on future San Jose megacampus sits idle as company halts development amid cost-cutting. Jennifer Elias In June 2021, Google won approval to build an 80-acre campus, spanning 7.3 million square feet of office space, in San Jose, California, the third-largest city in
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Democrats on the House Natural Resources Committee began a revival attempt on the Puerto Rico Status Act on Thursday, aiming to give the island territory’s voters the choice of statehood. The bill, which died at the end of the last congressional session, would establish a binding plebiscite – a direct vote on the island to choose between
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