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Asides

No lucky hand: How this former pro poker player became a billionaire

Over the past decade, Chow Shing Yuk, 44, has steadily built a logistics and delivery giant from a base in Hong Kong, backed by the likes of Neil Shen’s Sequoia China and Lei Zhang’s Hillhouse.

  • By Zinnia Lee
  • Forbes Staff

Bitcoin regains US$28,000 amid crypto market rise

CFTC complaint against Binance raises hopes for some digital assets qualifying as commodities, limiting U.S. regulation as securities.

  • By Nina Bambysheva
  • Forbes Staff

Elon Musk and Steve Wozniak call for urgent pause on ‘out-of-control’ AI race over risks to humanity

Labs have been “locked in an out-of-control race to develop and deploy ever more powerful digital minds that no one—not even their creators—can understand, predict, or reliably control,” said an open letter signed by the likes of Apple cofounder Steve Wozniak and politician Andrew Yang.

  • By Robert Hart
  • Forbes Staff

Adidas backflips on Black Lives Matter ‘three-stripes’ logo design

The company had said in its filing that a yellow-stripe design used by Black Lives Matter was “likely to cause confusion” with its own.

  • By Ty Roush
  • Forbes Staff

Australia’s inflation slows to 6.8 per cent as interest rates decision looms

Australia’s inflation rate has slowed to 6.8% in February – indicating the nation may have passed the peak of the current inflation cycle.

  • By Samuel Hussey
  • Head of News & Life

Jamie Dimon will face questioning in lawsuits over JPMorgan’s Epstein ties

JPMorgan has said the billionaire CEO had no connection to Epstein, but a lawsuit calls him “a likely source of relevant and unique information” about why the bank kept Epstein as a high-profile client following a sex crimes conviction.

  • By Nicholas Reimann
  • Forbes Staff

‘Forgot to mention’: Elon Musk’s Twitter backflip after global backlash

Musk said he “forgot to mention” the major exception to a new policy he announced Monday to only promote For You recommendations from verified accounts—soon to only include Twitter Blue subscribers, according to the company.

  • By Nicholas Reimann
  • Forbes Staff

First Citizens Bank is buying SVB – Here are the other failed banks it’s bought

First Citizen Bank has acquired failed banks all over the country since the 2008 recession

  • By Anthony Tellez
  • Forbes Staff

Sam Bankman-Fried accused of paying US$40 million bribe to Chinese official

It’s yet another jarring allegation for the former crypto mogul.

  • By Derek Saul
  • Forbes Staff

Adani loses US$4 billion as questions about company’s loan repayments trigger stock sell-off

Reports published in the Indian media on Tuesday raised fresh questions about Adani Group’s debt.

  • By Siladitya Ray
  • Forbes Staff
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