The Biden administration is only modestly boosting quotas for plant-based diesel despite a fierce lobbying push by biofuel

SAN FRANCISCO & EUGENE, Ore.--(BUSINESS WIRE)--May 9, 2023--

LAS VEGAS--(BUSINESS WIRE)--Jun 7, 2023--

BARCELONA, Spain--(BUSINESS WIRE)--May 11, 2023--

The push by many top car makers to go all-electric in the next decade or

Since Instagram’s text-based alternative to Twitter, Threads, rolled out last week, a handful of memes and conspiracy theories have surfaced around the app’s unusual ‘at symbol’-like logo – from the inaccurate suggestion it was predicted by The Simpsons (it wasn’t), and now, to claims it’s actually linked to the devil (it isn’t). The baseless theory - seemingly backed by Twitter owner Elon Musk himself, if his public tweet likes are anything to go by – suggests the swirly icon secretly contains the number ‘666’, often referred to as “the number of the beast” and considered a link to the Antichrist. Sign up to our free Indy100 weekly newsletter Claiming they “can’t stop seeing it”, one Twitter user asked: “Does anyone else think the Threads logo just looks like 666? The first 6 is forward and white, then the second one is smaller and backwards, and the third one is the black space inside.” “How to put 666 ‘the number of the beast’ into a logo,” wrote another, in a tweet liked by Musk. Several other accounts have branded Threads “satanic” over the supposed link. In fact, the baseless claim became so popular that Instagram boss Adam Mosseri shared a thread on Friday explaining the real meaning behind the logo. “The Threads logo, in Instagram Sans, is inspired by the @ sign, which stands for someone’s username, the individual, and voice. “It’s a single unbroken line, inspired by the loop seen in the app when a thread is started,” he wrote. When one user commented that it “would have been entertaining” if Mosseri jokingly confirmed the conspiracy to be true, the exec replied: “It was tempting, but I feel like that kind of sass would just blow up in my face.” Sensible. Of course, this is just one fact which dispels this conspiracy theory as nonsense and baseless, but one lesser-known bit of historical trivia also exposes just how outlandish the claim is. All the way back in 2005, it was reported that a newly discovered fragment of the oldest version of the New Testament – the second part of the Bible – from the third century gave a different number entirely for the number of the beast. Found in historic dumps near Oxyrhynchus in Egypt, the text from the Book of Revelation indicates it’s not 666 which is the fiendish number we should all be fearing, but the far less aesthetically pleasing 616. Professor David Parker, Professor of New Testament Textual Criticism and Paleography at the University of Birmingham, said: “This is an example of gematria, where numbers are based on the numerical values of letters in people’s names. “Early Christians would use numbers to hide the identity of people who they were attacking: 616 refers to the Emperor Caligula.” This is in contrast to the far more popular 666, which is understood to have referred to Emperor Nero. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

South African central bank chief Lesetja Kganyago urged wealthy nations to meet commitments to share the cost of

MEUDON, France--(BUSINESS WIRE)--Aug 30, 2023--

Binace, the world’s largest cryptocurrency exchange, will pay over $4bn to US officials after admitting to unlicensed money transfers, sanctions violations, and willfully failing to institute anti-money laundering protections, federal officials announced on Tuesday. The oversights allowed trading with sanctioned nations like Iran, Cuba, and Syria, and failed to institute systems to report suspicious potential transactions with terror groups, according to the Treasury Department. “Binance was allowing illicit actors to transact freely, supporting activities from child sexual abuse to illegal narcotics to terrorism,” Treasury Secretary Janet Yellensaid on Tuesday. Changpeng Zhao, the founder of and CEO of Binance, is also stepping down, and will pay a $50m fine after pleading guilty to related charges. He could face up to 18 months in prison. “I made mistakes, and I must take responsibility,” the executive wrote on X. “This is best for our community, for Binance, and for myself.” Federal officials described a wide-ranging set of problems at the crypto exchange, which at times handled two-thirds of global crypto trades. “It willfully enabled hundreds of millions of dollars in transactions between American users and users subject to US sanctions,” US Attorney General Merrick Garland said in remarks on Tuesday. “And its platform accommodated criminals across the world who used Binance to move their stolen funds and other criminal proceeds. “Binance prioritized its profits over the safety of the American people.” The massive penalty, one of the largest in US financial regulation history, will also go towards resolving inquiries from the Commodity Futures Trading Commission, the Department of the Treasury’s Financial Crimes Enforcement Network (FinCen), and the Office of Foreign Assets Control. On multiple occasions, Binance leadership intentionally took steps that allowed dangerous and illegal transactions to take place, according to the Justice Department. Binance knew it served US customers, meaning it had to register with FinCen and implement anti-money laundering controls, but “chose not to comply,” per the DOJ. Rather than set up these protections, the company created a separate Binance.US platform in 2019, while seeking to encourage VIP customers to obscure their accounts and continue using the main exchange, officials said. “Binance executives, including Zhao, made a plan to contact VIP customers and help the VIP register a new account for an offshore entity and transfer holdings to that account,” the DoJ said in an announcement of the agreement on Tuesday. “Binance employees also called US VIPs to encourage them to provide information that suggested the customer was not located in the United States.” The company, knowing it had US customers, also failed to introduce controls that would stop them from making trades with sanctioned jurisdictions like Iran, resulting in over $898m in trades between US and Iran-based users between January 2019 and May 2022. At one point, according to the DoJ, Zhao told employees it was “better to ask for forgiveness than permission,” while in another instance, a compliance employee wrote in a message, “We need a banner ‘is washing drug money too hard these days - come to binance we got cake for you.’” In a statement on Tuesday, Binance acknowledge making “criminal violations.” “These resolutions acknowledge our company’s responsibility for historical, criminal compliance violations, and allow our company to turn the page on a challenging yet transformative chapter of learning and growth,” the company wrote. “With the compliance and governance enhancements enshrined in our commitments, we can begin to share our vision for Binance’s exciting future and the future of the crypto industry.” The company also emphasised that the resolutions don’t allege Binance misappropriated user funds or engaged in market manipulation. Richard Teng, the company’s former global head of regional markets, will take over as CEO, according to Binance. The massive agreement with federal regulators will also require Binance to accept the appointment of a government monitor to oversee the business and bar Zhao from involvement with the company until three years after the monitor is appointed, according to court records viewed by The New York Times. Notably, the Securities and Exchange Commission was not a part of the Binance agreement. The SEC sued Binance and Zhao in June, alleging that they used companies beneficially owned by Zhao to inflate trading prices and make money off customers, allegedly mixing customer funds with Binance money. “While we take the SEC’s allegations seriously, they should not be the subject of an SEC enforcement action, let alone on an emergency basis. We intend to defend our platform vigorously,” the company responded at the time in a statement. “And, to be clear: any allegations that user assets on the Binance.US platform have ever been at risk are simply wrong, and there is zero justification for the Staff’s action in light of the ample time the Staff has had to conduct their investigation,” the company added in the statement. The massive settlement comes just weeks after FTX founder Sam Bankman-Fried was found guilty in federal court of defrauding customers on his popular cryptocurrency exchange out of billions of dollars. Bankman-Fried’s defence team has vowed to fight the charges.

HUNTSVILLE, Ala.--(BUSINESS WIRE)--May 16, 2023--

Apple's iPhone 15 Pro Max may come a month later than the other iPhone 15

LONDON--(BUSINESS WIRE)--Jul 14, 2023--