Bloomberg Tech

The value of US semiconductor imports fell 16% in April from the month prior, but manufacturers in Asia, America’s main supplier, still have reasons to be optimistic.

Fallen crypto impresario Do Kwon has funneled tens of millions of dollars out of an entity linked to his failed blockchain project since he was arrested in late March, South Korean prosecutors alleged.

Australia’s banking sector is making it harder to transfer funds to cryptocurrency exchanges, citing the risk of scams.

Recession fears have driven analysts to their most bearish on Indian information-technology sector bellwether Infosys Ltd. since uncertainties surrounding Brexit rocked the more than $200 billion sector six years ago.

Holders of Byju’s $1.2 billion term loan and their advisers are weighing options including negotiating with the company for an amendment, litigating or attempting to seize collateral after the company missed an interest payment on the debt, according to people with knowledge of the matter.

Crypto exchange Binance and related entities shuttled some $70 billion through accounts at now-defunct Silvergate Bank and Signature Bank from 2019 up until this year, including “large amounts of money” flowing in and out within days, according to new details revealed in a filing Wednesday.

The disgraced former crypto titan Do Kwon may spend most of his life behind bars, first in his native South Korea and then in the US, according to a scenario laid out by a senior prosecutor in the Asian nation.

ByteDance Ltd.’s TikTok aims to more than quadruple the size of its global e-commerce business to as much as $20 billion in merchandise sales this year, banking on rapid growth in Southeast Asia, according to people familiar with the matter.

Cathie Wood said Binance Holdings Ltd.’s US legal problems will benefit Coinbase Global Inc. because it would eliminate its main competition.