Bill Hwang, founder of collapsed family office Archegos Capital Management, has been arrested by US authorities and charged with racketeering, fraud and market manipulation. The indictment released on Wednesday accuses Hwang, 58, and former chief financial officer Patrick Halligan, 45, of using archegos as an “instrument of market manipulation and fraud” with “considerable consequences for…
It was a relief to see the Monitor 2 beta loading screen on my monitor for the first time. We’ve been waiting for this game since it was announced in 2019. The sequel to 2016’s popular first-person shooter title was mostly a mystery until the last six months. It was announced that the Overwatch League…
An indictment was released today accusing Sung Kook (Bill) Hwang, the founder and head of a private investment firm known as Archegos, and Patrick Halligan, Chief Financial Officer of Archegos, racketeering conspiracy, securities fraud and wire fraud offenses in connection with interrelated torts. schemes to illegally manipulate the prices of publicly traded securities in Archegos’…
Not now, bird flu! China confirms first human case of H3N8 strain A four-year-old boy from Henan province is the first confirmed case of H3N8 The child had been in contact with chickens and crows raised at his home But no close contacts have been infected and officials say the risk to the public is…
It’s here. It’s finally, really here. We’ve now got our hands on the Overwatch 2 beta, just over 900 days since the hero-based first-person shooter sequel was announced. It’s been a long wait for those of us who have been clamoring for substantial new content – no new heroes have been released in the last…
AUSTIN, Texas — An enzyme variant created by engineers and scientists at the University of Texas at Austin can break down environmentally strangling plastics that typically take centuries to degrade in hours to days. This discovery, published today in Nature, could help solve one of the world’s most pressing environmental problems: what to do with…
Left to right, Stephen Jones, Mike McCarthy, Jerry Jones. Picture: Getty Images I appreciate Jerry Jones getting in front of a microphone and talking to people. It’s something his NFL owner brothers refuse to do, and maybe if they did, they’d have the most valuable sports franchise in the world. Does Jones speak for the…
It’s been a tough year for an investor, and the wealthy are no exception. Losses in the stock and bond markets this year have made portfolio conversations between Wall Street investment advisers and clients more difficult. The most conservative portfolios performed as badly if not worse than the riskiest portfolios, with bonds offering little protection….
I wrote the other day that no one seems to know who the Falcons are picking at No. 8, and I stand by it. The growing intensity of rumors in recent days is proof enough of that, given that there’s no consensus and the always amusing addition of a bunch of names we haven’t heard…
It really should be over by now. In the first leg of their Champions League semi-final, Manchester City largely dominated Real Madrid, easily cutting through the Madrid defence, scoring four goals in the process. It was a performance worthy of a huge, perhaps insurmountable margin of victory. Instead, Real Madrid have once again proven the…
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