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GRIP Extra: Bitcoin hits record high, SEC commissioner slams deregulation

Montage of rush hour with a man walking across the road.
GRIP Montage: Getty Images

Other news includes China threatening legal action against companies taking US guidance not to buy Chinese chips, and the UK sanctioning an accountant for buying oil tankers for Lukoil.

United States

AI

OpenAI announced its acquisition of Jony Ive’s hardware company.

Crypto

Bitcoin hit a record high of $112,000 as unease grips markets.

Data

Proofpoint has announced that it will acquire German based cloud solution security business Hornetsecurity for approximately $1.6bn.

A former McKinsey partner has been sentenced (subscription) to