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On December 22nd, Uber announced a partnership with Baidu to test self-driving taxis in the UK. This follows Waymos launch of tests in London this month. Uber stated on Monday that it plans to launch a pilot program in London in the first half of 2026, using Baidus Apollo Go RT6 self-driving taxis. The company said the service is expected to launch in London by the end of next year. Uber abandoned its independent development of self-driving technology in 2020, instead partnering with several self-driving taxi companies. Uber CEO Dara Khosrowshahi stated in an interview this month that the company plans to offer self-driving services in more than 10 markets by the end of next year.The yield on Japans 20-year government bond rose 5.5 basis points to 3.025%.Thailands automobile production rose 11.06% year-on-year in November (compared to 14.17% year-on-year growth in October).On December 22, the State Administration for Market Regulation released a new version of the "Model Text of Custody Contract" (GF-2025-0801). The new version balances the rights and obligations of both parties by adding and refining relevant clauses, providing a fair and reasonable textual reference for standardized contract signing and honest performance. Addressing the diverse types of custodied goods, their varying values, and potential special storage requirements, the model text details the storage location and methods, the acceptance of custodied goods, and includes a "Custodied Goods Delivery and Inspection Form" as an appendix, stipulating that the condition of the goods must be confirmed in writing upon delivery, thus reducing the risk of disputes from the outset.The Hang Seng Index turned lower, while the Hang Seng Tech Index is currently up 0.53%. Concepts such as optical communication, gold, chips, nuclear power, and non-ferrous metals are among the top gainers, while concepts such as innovative drugs, retail, and home appliances are weakening.

U.S. probes how $370 million vanished in hack after FTX bankruptcy

Cory Russell

Dec 28, 2022 14:17

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According to a source familiar with the investigation, Bloomberg News reported on Tuesday that federal authorities are looking into an alleged cybercrime that allegedly siphoned out more than $370 million from cryptocurrency exchange FTX hours after it filed for bankruptcy.


The Department of Justice's criminal investigation into the stolen property is unrelated to the fraud case against FTX co-founder Sam Bankman-Fried, the report said.


The Manhattan U.S. attorney's office representative declined to confirm or comment on the matter, while FTX and the DoJ did not immediately reply to a request for comment from Reuters.


Bankman-Fried left his position as CEO and FTX filed for bankruptcy in the United States last month after traders withdrew billions from the platform in just three days and a competing exchange, Binance, abandoned a rescue plan.


The US Department of Justice charged Bankman-Fried with orchestrating a "fraud of epic dimensions" that cost FTX billions of dollars, according to a US prosecutor.


Bankman-Fried established FTX in 2019 and profited on a surge in the value of bitcoin and other digital assets to become a multi-billionaire and a significant contributor to American political campaigns.


Fears over the future of the cryptocurrency sector have increased as a result of the FTX collapse after the troubled exchange declared a "serious liquidity issue.

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