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In order to raise the funds necessary to maintain its operations, Canoo has agreed to sell 50 million shares at a steep discount. Unidentified investors will purchase 50 million new shares from Canoo for $1.05 per share, a 16% discount from the stock’s closing price on Friday. The warrants, which …

FTX and its affiliated debtors have sent private letters requesting that donations made by the cryptocurrency exchange, which was once valued at $32 billion, be returned to politicians, PACs, and other recipients of funds. According to a statement released by FTX on Sunday, the recipients are being urged to return …

A two-year-old VMware vulnerability is currently being actively exploited by cybercriminals as part of a global ransomware campaign that targets thousands of organizations. Over the weekend, reports surfaced claiming that a ransomware variant known as “ESXiArgs” had infected and scrambled VMware ESXi servers that had been left unpatched and exposed …

To prevent the misuse of its citizens’ data, India is taking steps to block 232 apps, some of which have connections to China and offer betting and loan services in the South Asian market, according to the state-owned public broadcaster on Sunday. In order to preserve the integrity of the …

According to a recent announcement from Netflix, premium subscribers can now download content to more devices and use spatial audio for more than 700 titles. Both of the upgraded features are offered without charge. Netflix titles can be downloaded for offline viewing on up to six devices by premium subscribers. …

According to a Bloomberg report, Meta can proceed with its acquisition of virtual reality startup Within. In a sealed decision, Judge Edward Davila reportedly rejected the FTC’s request to proceed with blocking the transaction. The FTC filed a lawsuit against Meta in July to prevent the company from buying Within, …

Now, Netflix is outlining how it intends to keep password sharing within a family while clamping down on unauthorized usage. By charging extra fees for extended usage of the streaming service outside of the home, the company hopes to reduce account sharing this year. The world’s largest streaming service has …

To expand the cross-border payment and remittance markets, Strike, a financial app and payment network based on Bitcoin, is entering the Philippines. According to Jack Mallers, CEO of Strike, “the Philippines is one of the largest remitting markets in the world, especially from the United States.” According to Statista data, …

A data breach has been confirmed by Google Fi, the company that runs Google’s mobile network, and it’s likely connected to the recent security incident at T-Mobile that allowed hackers to steal the personal information of millions of users. The primary network provider for Google Fi recently alerted the company …

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