Wagner chief writes to White House about new sanctions

Wagner chief writes to White House about new sanctions

Jan 21 (Reuters) – The head of Russian private military contractor Wagner issued a short letter to the White House on Saturday asking what crime his company was accused of, after Washington announced new sanctions against the group. White House national security spokesman John Kirby said Friday that Wagner, who supported Russian forces in their … Read more

Thousands of people join a right-wing rally against the Spanish government

Thousands of people join a right-wing rally against the Spanish government

MADRID, Jan 21 (Reuters) – Thousands gathered in central Madrid on Saturday to protest against the socialist government and accuse it of undermining the constitution, at a rally backed by right-wing parties. Demonstrators gathered in the Plaza de Cibeles in front of City Hall, waved Spanish flags, called on Prime Minister Pedro Sanchez to resign … Read more

Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI

Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI

Jan 20 (Reuters) – Google’s parent company Alphabet Inc (GOOGL.O) is cutting around 12,000 jobs as it faces “a different economic reality”, it said in a memo, doubling down artificial intelligence (AI) and removing staff who support experimental projects. The job cuts affect 6% of its workforce and follow thousands of layoffs at tech giants … Read more

Genesis crypto lending unit files for bankruptcy in the US

Genesis crypto lending unit files for bankruptcy in the US

Jan 20 (Reuters) – The loan unit of crypto firm Genesis filed for bankruptcy protection in the United States on Thursday, owing its creditors at least $3.4 billion after being knocked down by a rout of the market with FTX exchange and lender BlockFi. Genesis Global Capital, a leading crypto lender, froze client redemptions on … Read more

Here’s what Twitter lost in ad revenue in the final months of 2022

Here’s what Twitter lost in ad revenue in the final months of 2022

NEW YORK/LONDON, Jan 20 (Reuters) – Top advertisers on Twitter cut spending after the Elon Musk takeover, according to estimates compiled for Reuters by research firm Pathmatics, in the latest shock to the top source. of business income. According to Pathmatics estimates, fourteen of the top 30 advertisers on Twitter ceased all advertising on the … Read more

Hundreds evacuated as fire breaks out in slum next to Seoul’s upscale Gangnam district

Hundreds evacuated as fire breaks out in slum next to Seoul’s upscale Gangnam district

SEOUL, Jan 20 (Reuters) – A fire swept through part of a slum in the South Korean capital, Seoul, on Friday, destroying 60 homes, many made of cardboard and wood, and forcing the evacuation of around 500 people. Emergency services took five hours to extinguish the blaze, which broke out before dawn in Guryong Village, … Read more

Davos 2023: Intimidated Crypto Crowd Feels Winter Freeze at WEF

Davos 2023: Intimidated Crypto Crowd Feels Winter Freeze at WEF

DAVOS, Switzerland, Jan 19 (Reuters) – In the snow and ice on the main street of Davos, the impact of the crypto winter is evident for WEF attendees. Last May, the dressed storefronts that line both sides of Promenade Street that runs through the Swiss ski resort were dominated by crypto companies, rolling in bitcoin. … Read more