Bird Global Inc., known for introducing electric scooters in major cities, filed for Chapter 11 bankruptcy with plans to sell itself. The Miami-based company, which went public via a blank-check merger, has faced a 97% share plunge this year and delisting from the NYSE. Bird's bankruptcy filing in Miami allows protection from creditors while it seeks to reorganize and repay them. A Canadian firm is tentatively set to acquire Bird, which has faced challenges from city regulations and bans in over one-third of the top 100 cities, including Barcelona and Sydney. Bird was founded in 2017 by ex-Uber executive Travis VanderZanden.

Ebix Inc. has filed for Chapter 11 bankruptcy protection in Northern Texas, with estimated liabilities and assets each ranging from $500 million to $1 billion. This follows a delay in filing their quarterly report in November due to credit negotiations.

Five directors of JKN Global Group, a Thai media company that owns the Miss Universe brand, have resigned. Board Chairman Apichart Pengsritong stepped down due to health issues, while Anong Panicharoennan and Surachai Chompoopaisorn resigned due to personal matters. Yuthapong Ma and Akepisith Suttikulpanich also left their director positions.

Starboard Group of Alabama has filed for Chapter 11 bankruptcy protection in the Middle District of Florida court, with estimated liabilities and assets each ranging from $1 billion to $10 billion. The filing is jointly made under the SBG Burger Opco case.

Taiwan has officially proposed a draft crypto act for its first reading in the Legislative Yuan, Taiwan's parliament. The proposal would require all crypto platforms operating in Taiwan to apply for a permit, and regulators could order crypto firms to cease operations if they fail to comply. There is no specific timeline for the second reading of the bill, which may not occur by the end of January 2024.

Donald Trump has voluntarily dismissed a lawsuit against his former lawyer Michael Cohen in the Southern District of Miami, as stated by Cohen on the social media platform X, previously known as Twitter. Further details are expected to be released by Cohen.

The Culinary Union in Las Vegas has voted to authorize a city-wide strike, with the potential to call for a strike on any given day. Negotiations are set to continue next week with major hospitality companies including MGM Resorts International, Caesars Entertainment, and Wynn Resorts.

The Australian Securities and Investments Commission has revoked FTX Australia’s Australian financial services license, effective from July 14. FTX Australia is allowed to provide limited financial services related to the termination of existing derivatives with clients until July 12, 2024. Despite the cancellation, FTX Australia must remain a member of the Australian Financial Complaints Authority and maintain arrangements for compensating retail clients.

The Australian Securities and Investments Commission has revoked FTX Australia's financial services license, effective from July 14. FTX Australia is allowed to provide limited services related to the termination of existing derivatives with clients until July 12, 2024. Despite the cancellation, FTX Australia must remain a member of the Australian Financial Complaints Authority and maintain retail client compensation arrangements.

The Monetary Authority of Singapore is expanding Project Guardian to test the potential of asset tokenization across more asset classes. The Project Guardian Industry Group, which includes 11 institutions, will lead industry pilots in asset and wealth management, fixed income, and FX. The Japan Financial Services Agency will join Project Guardian as the first overseas financial regulator. A foundational principle of Project Guardian is the establishment of open and interoperable networks, with a framework introduced for trading digital assets across networks and liquidity pools.

Crypto.com has obtained a major payment institution license for digital payment token services from the Monetary Authority of Singapore, enabling the company to continue offering digital payment token services to its customers in Singapore.

Marina Bay Sands, a luxury casino in Singapore, experienced a data breach where an unauthorized third party accessed the customer data of approximately 665,000 non-casino rewards program members. The incident occurred on Oct. 19-20, and the resort, owned by Las Vegas Sands Corp., stated that there was no evidence of misuse of the data to harm customers.

A candlelight vigil was held in Nakhon Ratchasima province, Thailand, to honor the 29 victims of a shooting spree that started at a military barracks and ended at Terminal 21 Korat mall. Montagan Nukdai, a waitress who survived the attack, shared her harrowing experience of hiding with others, including a young child, in a cramped staff room while the shooter was active. She detailed how they were rescued by security guards and soldiers and described the community's grief and shock. The gunman was later killed by authorities, with no clear motive for the attack. The vigil included prayers and tributes to the lives lost.

Christopher Suzanne, an American teacher, left Wuhan for New York with his family just before the city's lockdown due to the coronavirus outbreak. Despite being safe in the U.S., Suzanne is concerned for his in-laws in Wuhan and plans to return with supplies such as masks and hand sanitizers. He managed to book a flight back to China with China Eastern Airlines. Similarly, Nick Pardalis, another English teacher from New Jersey, is also trying to return to Wuhan from Vietnam with his girlfriend. Both Suzanne and Pardalis are currently in China, navigating travel restrictions and quarantine measures to reach Wuhan.