WASHINGTON (Reuters) -Consumer advocates on Thursday urged U.S. regulators to investigate video game maker Electronic Arts Inc for what they say was the misleading use of a digital "loot box" that "aggressively" urges players to spend more money while playing a popular soccer game. The groups Fairplay, Center for Digital Democracy and 13 other organizations urged the Federal … [Read more...] about Groups urge U.S. to probe ‘loot box’ on Electronic Arts video game
Currency trading companies
US labour market remains tight; business activity slowing
WASHINGTON: The number of Americans filing new claims for unemployment benefits edged down last week as labor market conditions remained tight, though a slowdown is emerging amid high inflation and rising interest rates. Despite the second straight weekly decline reported by the Labor Department on Thursday, claims are hovering near a five-month high. There have been job … [Read more...] about US labour market remains tight; business activity slowing
NGT Announces the Implementation of the First-ever Framework in Hong Kong to Audit and Attest NFT Qualification
Expect s to Regulate the I ndustry E co logy T hrough T echnical S upervision Provid es E ndorsement and S upport for Q uality NFT P rojects HONG KONG SAR - Media OutReach - 24 June 2022 - NextGen Tech ("NGT" or the "Company") , a leading blockchain technology entity and one-stop Non-fungible Token ("NFT") project … [Read more...] about NGT Announces the Implementation of the First-ever Framework in Hong Kong to Audit and Attest NFT Qualification
Real stress hurts bank buybacks
JEROME Powell is putting big United States banks through two stress tests. The Federal Reserve (Fed) chair’s merciless interest-rate increases are hitting asset values hard, and that’s likely to prove painful in second-quarter earnings and beyond. Share buybacks by most big banks are already slower this year than last as they cope with billions of losses on government bonds … [Read more...] about Real stress hurts bank buybacks
Singapore-based crypto hedge fund Three Arrows Capital has entered liquidation, source says
LONDON — Crypto hedge fund Three Arrows Capital (3AC) has entered liquidation, a person familiar with the matter told Reuters on Wednesday (June 29), in the latest sign of the market downturn hurting the crypto industry. Singapore-based 3AC is one of the higher profile crypto investors to have run into difficulties following the sharp sell-off in the market for digital … [Read more...] about Singapore-based crypto hedge fund Three Arrows Capital has entered liquidation, source says