Commentary: FTX crash shows cryptocurrency market needs bank-like regulation – CNBC | CarTailz

Rob Nichols is President and CEO of the American Bankers Association and Dennis Kelleher is President and CEO of Better Markets, a Washington-based nonprofit that promotes financial market reform. The recent turmoil in the trillion-dollar crypto sector, including the sudden liquidity crunch and spectacular collapse of FTX, have updated the concept of a bank run … Read more

At 41.8% CAGR, Insurtech Market Will Reach $30.4 Billion By 2027 | IMARC Group – EIN Messages | CarTailz

Insurtech Market Trends Significant growth in the banking, financial services and insurance (BFSI) industries around the world creates a positive outlook for the market. SHERIDAN, WYOMING, UNITED STATES, Dec. 4, 2022 / — According to IMARC Group’s latest published report, “Insurtech Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.” offers a comprehensive … Read more

Forget smartwatches, consumers are snapping up these quirky alternatives – CNN | CarTailz

CNN — In 2015, that same year, Apple introduced its smartwatch, a Kickstarter campaign launched for a very different wearable device: a wellness-tracking ring called the Oura. Seven years later, the Apple Watch is the most popular wearable device, while other similar products are falling Google and Samsung too dominate the wearables market. But something … Read more

China to fine netizens for ‘liking’ posts after zero Covid protests – CNN | CarTailz

Hong Kong CNN business — Internet users in China will soon be held liable for liking posts deemed illegal or harmful, stoking fears the world’s second-largest economy plans to control social media like never before. China’s internet watchdog is stepping up its regulation of cyberspace as authorities ramp up their crackdown on online dissidents amid … Read more

‘White Paper’ protests: China’s top stationery supplier says it still sells A4 sheets – CNN | CarTailz

Hong Kong CNN business — The rare protests, which swept across China over the weekend, often featured protesters holding blank sheets of paper, a phenomenon that has caused problems for the country’s top stationery chain. In a symbolic protest against censorship, young protesters held up white sheets – a metaphor for the critical social media … Read more

Need for Wheels: Why India’s First F1 Driver Goes Two-Wheeled – Economic Times | CarTailz

When Narain Karthikeyan met his childhood friend Christopher Anand Sargunam to catch up during the first Covid lockdown, the duo finally came up with a business idea. First up was Karthikeyan, who shared with his friend what he felt was the need for affordable mobility in the country and how technology could play a role … Read more

Elon Musk claims Apple threatened to withhold Twitter from its App Store – CNN | CarTailz

new York CNN business — Elon Musk claimed Monday that Apple had “threatened” to remove Twitter from its iOS app store, a move that could be devastating for the company Musk just acquired for $44 billion. “Apple (AAPL) has also threatened to withhold Twitter from its App Store, but won’t tell us why,” Musk said … Read more

“The monthly payments will be pushed even higher.” What can you do when you need to buy a new car? – Market observation | CarTailz

When average monthly new car payments topped $700 in May and car prices hit record highs, many potential car buyers chose to sit on the sidelines until the market normalized. According to data company Cox Automotive, the average monthly new car payment hit another record high of $748 in October. Average payments for used cars … Read more

Firings, ultimatums and an ongoing saga of blue ticks: Elon Musk’s first month on Twitter – CNN | CarTailz

CNN — As of Sunday, it’s officially been a month since the world’s richest man took the helm at Twitter. During that time, Elon Musk initiated mass layoffs and issued a cryptic ultimatum to the remaining employees, restored the accounts of controversial figures including former President Donald Trump, and took off — and then enacted … Read more

Apple has a huge problem with its supplier’s iPhone factory in China – CNN | CarTailz

Hong Kong CNN business — A violent workers’ revolt at the world’s largest iPhone factory in central China further shakes Apple’s strained supply and highlights how the country’s strict zero-Covid policy is hurting global tech companies. The troubles began last month when workers left the factory campus in Zhengzhou, capital of central Henan province, amid … Read more