Reuters traced $2.3bn in Iranian exchange Nobitex’s flows since 2023 to Tron and BNB Chain, the blockchains established by World Liberty Financial’s two most prominent early backers. No party at WLF has been accused of knowing about it. A Reuters investigation published on Monday documents that Nobitex, Iran’s largest crypto exchange, has processed at least […]

The Sydney-based AAAI Fellow joins the UNSW Business AI Lab to lead a team of Distinguished AI Scientists, in the latest step of Commonwealth Bank’s frontier-AI build-out. Commonwealth Bank of Australia appointed Professor Mary-Anne Williams as its first Chief AI Scientist on Monday, recruiting one of the country’s best-known AI researchers from the University of […]

L Catterton has sold its majority stake at a steep discount to the DTC era’s peak valuation. Common stockholders get nothing. The Everlane board signed on Saturday. Shein, the Chinese-founded ultra-fast-fashion giant, is acquiring Everlane, the San Francisco-based direct-to-consumer apparel brand, from majority owner L Catterton, according to reports in Bloomberg. The transaction values Everlane […]

The Tampa-based, Sun Capital-owned software services firm is folding the SAP- and IWG-trusted UK digital agency into its Digital Experiences practice. Deal terms were not disclosed. Exadel, the Tampa-based software-development and consulting firm, has acquired Tangent, the London-based digital experience consultancy, the company said on Monday. Terms were not disclosed. Tangent will continue to operate […]

An order posted on Saturday tells Apple to hand over financial information to India’s competition regulator. It also tells the regulator not to issue a final ruling before 15 July.  The Delhi High Court told Apple over the weekend to ‘fully cooperate’ with the Competition Commission of India in its ongoing antitrust investigation of the […]

Bank of England Governor Andrew Bailey, who chairs the global financial-risk watchdog, has invited the company to present to G20 finance ministries and central banks. The model that worried him is the model now being explained. Anthropic is preparing to brief the Financial Stability Board on the cybersecurity vulnerabilities its Mythos model has been identifying […]

Europe’s largest bank is putting a dedicated facility behind Chinese solar, battery, EV and data-centre exporters expanding overseas, citing demand that has accelerated alongside the Iran war. HSBC has set up a dedicated $4bn credit facility to help Chinese clean-technology companies expand overseas, the bank said on Monday. The ‘Sustainability and Transition Credit Facility’ covers […]

Talks resumed in Sejong on Monday. Choi Seung-ho walked into the National Labor Relations Commission building in Sejong on Monday morning, about 110 km south of Seoul, and told reporters he would ‘participate in this second round in good faith’. The head of Samsung Electronics’ largest union, on Friday’s evidence, had been preparing to talk […]

Motive Partners is leading the seed round, with WENVEST Capital, xdeck, and SIVentures alongside. The 2025-founded startup is targeting case management, billing, and document handling rather than the parts of legal work most AI vendors are chasing. LawX, the Berlin legal-tech startup founded by Dr Norman Koschmieder, has raised a €7.5M seed round led by […]

Apple’s first standalone Siri app, coming in iOS 27, will include an auto-delete function for chat histories that borrows from the Messages app. Users will be able to configure the app to retain conversations for 30 days, one year, or indefinitely. The feature, reported by Bloomberg’s Mark Gurman in his Power On newsletter on Sunday, […]