ETtech Explainer: US midterm elections and its impact on Big Tech

People voted on Tuesday in the US Midterm elections to choose who will control the House of Representatives and the Senate. What are the implications of these elections for Big Tech? ETtech explains.

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Cryptos attempt to steady as Binance-FTX deal chills market

Bitcoin, the biggest cryptocurrency by market value, was down 2% at $18,250, after a 10% plunge on Tuesday that marked its worst day since mid-August. Ether, the next largest, has lost nearly 18% since early Tuesday.

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Centre to decide on semiconductor fab by Feb: Karnataka IT minister

ISMC is a joint venture between Abu Dhabi-based Next Orbit Ventures and Israel's Tower Semiconductor.

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Don't borrow if you run a crypto business: Binance CEO Changpeng Zhao

Zhao also said that all crypto exchanges should do merkle-tree proof-of-reserves. In bitcoin and other cryptocurrencies​, Merkle trees serve to encode blockchain data more efficiently and securely.

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Elon Musk sells Tesla stock worth about $4 billion: SEC filing

Musk, the world's richest person, took over Twitter in a $44 billion deal last month and has engaged in drastic measures including sacking half the staff and a plan to charge for blue check verification marks.

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Binance’s FTT selloffs add to Indian crypto investors’ woes

Digital assets crash again as markets reacts to crypto exchange FTX insolvency rumours

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Snap launches India creator fund to support independent artists distributing music on Snapchat

The move is in line with Snap's plan to access the Indian market by tapping into regional content creators

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