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The creator of the world wide web, Sir Tim Berners-Lee, is selling off the original code used to create the modern internet as an NFT. NFTs are a form of unique ownership for digital-only items and do not necessarily include copyright control. They have also been widely criticised as a money-making scheme and bad for […]

Former US President Donald Trump has told Fox Business that he sees Bitcoin as a “scam” affecting the value of the US dollar. “Bitcoin, it just seems like a scam,” Mr Trump said. “I don’t like it because it’s another currency competing against the dollar.” He added that he wanted the dollar to be “the […]

Zoom sales have more than doubled after a “very strong” start to the year as the Covid-19 pandemic continued. The video calls platform has had a boom in users during the crisis as many employees work from home. Its profits also reached more than $227m (£160m), up from about $27m in the first quarter of […]

Tesla has suspended vehicle purchases using Bitcoin due to climate change concerns, its CEO Elon Musk said in a tweet. Bitcoin fell by more than 10% after the tweet, while Tesla shares also dipped. Tesla’s announcement in March that it would accept the cryptocurrency was met with an outcry from some environmentalists and investors. The […]

Beijing is now home to more billionaires than any other city in the world, according to the latest Forbes’ annual rich list. The Chinese capital added 33 billionaires last year and now hosts 100, said the business magazine. This narrowly beats New York City, which hosts 99 and has held the top ranking for the […]

The parents of a man who killed himself last year have filed a lawsuit against trading app Robinhood over his death. The lawsuit, first reported by CBS News, said 20-year-old Alex Kearns mistakenly believed he owed $730,000 (£530,000) when he took his own life. Dan and Dorothy Kearns say their son was unable to get […]

Samsung heir Lee Jae Yong has been sentenced to two years and six months in prison by a high court in South Korea. The bribery case is a retrial of an earlier one involving the country’s former President Park Geun-hye, who was also jailed for bribery and corruption. Lee has been the de facto head […]

Donald Trump has been suspended from Twitter and Facebook after tweeting to supporters who attacked the US Capitol. In a social media message to protesters he said “I love you” before telling them to go home. He also repeated false claims about election fraud. Twitter said it required the removal of three tweets for “severe […]

Legendary boxer Manny Pacquiao is launching his own payments platform for social media influencers, brands and fans. His company Pac Technologies aims to launch PacPay later this year to make faster and safer cross-border transactions. It will first be rolled out across his native Philippines and then Singapore, with plans to expand across Asia. Now […]

Microsoft has said that its offer to buy the US operations of hugely popular video-sharing app TikTok has been rejected, paving the way for Oracle to make a last-minute bid. US President Donald Trump gave a 15 September deadline for the Chinese-owned app to sell or shut down. The Trump administration claims TikTok and other […]


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