Author: ALJAZEERA

If the former crypto billionaire loses all remaining avenues, he would be eligible for release in 2044.Published On 12 Jun 202612 Jun 2026Former crypto tycoon Sam Bankman-Fried has lost his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency exchange he founded.In a unanimous decision on Friday, a three-judge panel of the Manhattan-based 2nd United States Circuit Court of Appeals said prosecutors’ evidence against Bankman-Fried “was, conservatively stated, robust”.Recommended Stories list of 4 itemsend of list“While he was publicly reassuring customers, investors and regulators that FTX customer funds were safe, he was simultaneously…

Alice Carrier had recently started playing the guitar again, a hobby she enjoyed in high school but had set aside during college. It was one of several pursuits she filled her free time with as she interviewed for new jobs, spent time with her dog and enjoyed activities, including gaming.By all appearances, at least to her mother, Kristie Carrier, things were going well. Alice was working as a web developer in Montreal, Canada, fulfilling a dream she had carried since growing up in the small town of Lawrence, New Brunswick.Recommended Stories list of 4 itemsend of list“Things were going in…

When Elon Musk’s SpaceX debuts on Wall Street on Friday, the controversial tech titan will almost certainly step into the history books as the world’s first trillionaire.Musk already holds the crown of the world’s wealthiest man – worth roughly $696bn before SpaceX announced its record-breaking initial public offering on Thursday, according to the Bloomberg Billionaire Index.Recommended Stories list of 4 itemsend of listBut his 42 percent stake in the rocket-cum-AI company will take him into uncharted territory.SpaceX will begin trading at a valuation of $1.77tn when it debuts on the Nasdaq stock exchange, selling 555.6 million shares at $135 each.Estimates…

Data protection watchdog says e-commerce giant failed to implement safety measures and delayed reporting breach.Published On 11 Jun 202611 Jun 2026South Korea has hit e-commerce giant Coupang with a record $408m fine over a leak that allegedly exposed the data of more than 30 million customers and provoked the ire of US lawmakers.The Personal Information Protection Commission said on Thursday that the New York-listed company had leaked personal data of more than 33 million customers and failed to report the breach within the 72 hours required by the law.Recommended Stories list of 4 itemsend of list“This accident occurred due to…

Former airline captain charged with fraud after allegedly commanding more than 900 flights without required credentials.Published On 10 Jun 202610 Jun 2026A former airline pilot in Canada has been arrested for allegedly flying hundreds of flights without a proper licence for nearly 17 years.Police in Peel, Ontario, said on Tuesday that they had charged former Air Canada captain Geoffrey Wall with fraud and other charges following a four-month investigation.Recommended Stories list of 4 itemsend of listThe Peel Regional Police said Wall, 59, had used fraudulent pilot licences to command more than 900 domestic and international flights between 2009 and 2025.Police…

The United States has designated Chinese corporate giants Alibaba, BYD and Baidu as companies that support China’s military, expanding its blacklist to some of the country’s best-known commercial brands.The Pentagon included the firms in an update on Monday that is likely to complicate the fragile detente under way between Washington and Beijing after years of rocky relations.Recommended Stories list of 4 itemsend of listChina’s embassy in Washington, DC, condemned the listing as “discriminatory” and an example of the US government “overstretching” the concept of national security.“Chinese companies that do business overseas have been strictly observing laws and regulations of their…

Tehran, Iran – In the popular Bastan market in the west of the Iranian capital, where the inviting smell of fresh bread and fruit mingle with the sight of colourful fabrics and clothing, the scene no longer holds its usual joy.Passersby wander among the vendors’ stalls, carefully turning goods over only to return them to their places.Recommended Stories list of 4 itemsend of list“Daily shopping trips have turned into something resembling a reconnaissance mission to find out the new prices,” says Mashhadi Firouz, a 63-year-old retiree, is reminiscing about his youth on this street when it was bustling with life.Firouz…

French energy giant TotalEnergies is embroiled in a lawsuit between seven US states and the federal government as the administration of President Donald Trump upends domestic energy policy, shutting down some wind energy projects while pushing fossil fuels.It has also raised questions about the predictability of the business and investment environment under a president who has peddled back many policies that were set up under his predecessor, President Joe Biden, a Democrat, including on investing in renewable energy.Recommended Stories list of 4 itemsend of listThe case is tied to two offshore wind farms that TotalEnergies had planned in the US.…

Anthropic is proposing that the world’s top artificial intelligence companies come up with a coordinated way to pause development of advanced AI systems, warning that the technology is improving so quickly that there’s a risk humans would lose control.The company behind the Claude chatbot said in a blog post on Thursday that, as cutting-edge AI gets increasingly faster at carrying out tasks, “it would be good for the world to have the option to slow or temporarily pause” its development.Anthropic said its internal research institute plans to explore the issue in collaboration with others and “take actions” to help build the…

Prince Abdulaziz bin Salman and other top OPEC officials visit the St Petersburg International Economic Forum.Published On 4 Jun 20264 Jun 2026Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al Saud has met his Russian counterpart in St Petersburg and called for stability in global energy markets as OPEC+ grapples with disruptions caused by the wars in Iran and Ukraine, which have sent oil prices skyrocketing.OPEC+ has been mired with unprecedented challenges, with slashed oil exports, and the United Arab Emirates, an OPEC powerhouse for almost 60 years, left the oil cartel in April.Recommended Stories list of 3 itemsend of listOn Thursday, the Saudi…