scrutiny

MILAN (Reuters) - Automaker Stellantis will sell a majority stake in its robotics unit Comao to OneEquity Partners, the three companies said in a statement on Thursday, in a move aimed at supporting Comao's expansion beyond the automotive…

In the ever-evolving landscape of blockchain technology, the Cardano network, led by visionary Charles Hoskinson, has been making waves with its innovative upgrades and ambitious roadmap. The latest development to…

Citigroup Inc. (NYSE:) reported a strong second quarter for 2024, with a net income of $3.2 billion and earnings per share (EPS) of $1.52. The bank saw revenues increase by 4%, with notable growth in its Services, Markets, Wealth, and US…

Microsoft and Apple have withdrawn from their observer seats on OpenAI’s board of directors in response to global regulatory concerns about the relationships between big tech companies and influential AI startups. Microsoft, which…

The world of cryptocurrencies has been no stranger to regulatory scrutiny, and the latest development in this ongoing saga is the Commodity Futures Trading Commission's (CFTC) investigation into prominent…

A recent study by Visa and Allium Labs revealed that more than 90% of stablecoin transactions do not originate from real users. These findings raise questions about the potential for stablecoins to revolutionize the payments sector despite…

Breadcrumb Trail LinksPMN BusinessAs companies increasingly tie executive pay to ESG, there’s evidence to suggest the add-on is being used to enable bigger remuneration packages without leading to any meaningful environmental, social or…

SushiSwap has faced accusations of governance manipulation and financial opacity, with tensions rising over the deletion of its governance forum. Decentralized crypto exchange SushiSwap has found itself in hot water as the community…

Binance, the world’s largest cryptocurrency exchange, has suspended all Nigerian naira (NGN) services due to mounting regulatory scrutiny in the country.  The decision came as the Nigerian government accused Binance of manipulating…

In a recent filing, the U.S. Securities and Exchange Commission (SEC) has urged the Delaware bankruptcy court to reject Terraform Labs’ proposal to retain Dentons U.S. LLC as its special counsel. The SEC has raised concerns…