SEC

Platform News: Apple logo on the side of a building

US SEC rejects Apple bid to block shareholder proposal on forced labour

The US Securities and Exchange Commission has declined an effort by Apple Inc to skip a shareholder proposal asking tech titan to provide greater transparency in its efforts to kee...

Platform News: Reddit is a mainstay of group-based social media

Reddit jumps on IPO bandwagon with confidential filing

Reddit Inc, whose message boards became the go-to destination for day traders during this year’s meme stock frenzy, has said it had confidentially filed for an initial public...

Platform Industry News: President Donald J Trump

US financial regulators investigate Trump social media deal

Wall Street’s top financial regulators are investigating former US President Donald Trump’s $1.25 billion deal to float his new social media venture on the stock market...

Platform News: Didi

Didi’s New York exit a further blow to Chinese listings in US

Ride-hailing giant Didi Global’s plan to withdraw from the New York stock exchange may create an even deeper chill after this year’s drop-off in Chinese firms’ li...

Platform News: Facebook

Facebook’s struggle with Gateway Pundit highlights key challenge

For years, Facebook has imposed sanctions on controversial Conservative news outlet Gateway Pundit’s account to limit the spread of what its critics describe as misinformation.

Platform Industry: President Donald J Trump comments

Sources: President Trump’s social media venture seeks $1 billion raise

Controversial former President Donald J Trump’s new social media venture is seeking to raise up to $1 billion by selling shares to hedge funds and family offices at several t...

Platform Industry: Apple logo on a window

Former Apple worker inspires Washington state measure seeking to curb NDAs

A former Apple Inc employee who had filed a whistleblower complaint related to Apple’s use of non-disclosure agreements (NDAs) has inspired draft legislation in Washington st...

Robinhood Markets on Wall Street

Robinhood, others win dismissal of meme stock ‘short squeeze’ lawsuit

A US judge dismissed a lawsuit accusing Robinhood Markets and other brokerages of wrongly preventing retail investors from buying fast-rising “meme stocks,” triggering ...

Platform Economy: SEC

US securities regulator halts Wyoming crypto firm’s tokens

The US securities regulator has halted registration for two digital tokens offered by Wyoming-based American Cryptofed DAO LLC, accusing the company of providing misleading informa...

Platform News: SolarWinds

SolarWinds investors allege board knew about cyber risks

SolarWinds Corp investors have sued the software company’s directors, alleging they knew about and failed to monitor cybersecurity risks to the company ahead of a breach that...

Cryptocurrency

US futures-based bitcoin ETF rises in first day of trading, bitcoin nears record

The first US bitcoin futures-based exchange-traded fund began trading yesterday, sending bitcoin to a six-month high and just off its all-time peak, as traders bet the ETF could bo...

Platform Economy: SEC

Why did the SEC release a report on GameStop?

The The SEC has released a report examining the frenzied trading in shares of retailer GameStop Corp, and other ‘meme’ stocks, in January, and recommended some areas fo...

Platform News: GameStop

US SEC praises equity market structure, absolves short sellers in GameStop report

The US markets functioned well during January’s GameStop volatility, while short selling was not the main cause of the unprecedented rise in the ‘meme stock,’ acc...

Bitcoin hovers near 6-month high on ETF hopes, inflation worries

Bitcoin hovered near a six-month high Monday morning on hopes that US regulators would soon allow cryptocurrency exchange-traded funds to trade, while global inflation worries also...

Platform News: A visualisation of Bitcoin, digital currency and cryptocurrency

US SEC charges BitConnect founder with $2 billion cryptocurrency fraud

The top US securities regulator has sued the founder of the now-defunct cryptocurrency exchange platform BitConnect over his alleged role in fraudulently raising about $2 billion f...