Tag Archives: billion

Citadel Makes $16 Billion to Top Paulson’s ‘Greatest Trade Ever’

Citadel Makes $16 Billion to Top Paulson’s ‘Greatest Trade Ever’

(Bloomberg) — Ken Griffin’s Citadel churned out a record $16 billion in profit for clients last year, outperforming the rest of the industry and one of history’s most successful financial plays. Most Read from Bloomberg The top 20 hedge fund firms collectively generated $22.4 billion in profit after fees, according to estimates by LCH Investments, a fund of hedge funds. Citadel’s gain was the largest annual return for a hedge fund manager, surpassing the $15 billion that John Paulson… Source link

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FTX finds $5.5 billion in liquid assets, still faces ‘substantial shortfall’

FTX finds $5.5 billion in liquid assets, still faces ‘substantial shortfall’

Collapsed crypto exchange FTX said Tuesday it has identified $5.5 billion of liquid assets, but said based on current estimates both the international and U.S. based exchange still face a “substantial shortfall” from what the trading venues owe customers. A court document with the restructuring team’s most recent findings shows this $5.5 billion includes $1.7 billion of cash, $3.5 billion of crypto assets, and $0.3 billion of securities. Some $1.7 billion of the company’s assets are being held… Source link

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Google plans AirTag clone, will track devices with 3 billion Android phones

Google plans AirTag clone, will track devices with 3 billion Android phones

Enlarge / Apple introduced AirTags alongside several different kinds of accessories to enhance their flair and attach-ability. Apple Following in the footsteps of Tile, Apple, and Samsung, it sounds like Google will be the latest Big-Tech company to make a Bluetooth tracker. Android researcher Kuba Wojciechowski has spotted code for a Google first-party Bluetooth tracker codenamed—just in time for The… Source link

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Cyber security firm claims data of 2.5 billion Google Chrome users at risk

Cyber security firm claims data of 2.5 billion Google Chrome users at risk

Google Chrome is a web browser used by netizens from across the world. A latest cyber security firm claims to have detected a vulnerability in Google Chrome and Chromium-based browsers which puts data of over 2.5 billion users at risk. In its blog post, the cyber security firm named Imperva Red has revealed that the vulnerability labelled as ‘CVE-2022-365’, which allows the the theft of sensitive files like crypto wallets and cloud provider credentials. The blog points to a type of file… Source link

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