Following the news of FTX’s bankruptcy, the value of other cryptocurrencies such as Bitcoin, Ether, and others including alt-coins, has dropped Hey there, welcome to the end of another exciting week in the tech industry and here is the weekly global tech roundup from Technext. Global tech roundup brings all the major tech stories that hit the weekly newsstands in one bulletin. After the proposed takeover deal involving Binance and FTX fell through this week, the embattled crypto exchange filed for bankruptcy. But its travails didn’t stop there, as individuals and companies that invested in the exchange were also caught in the fire. The company will be facing a criminal investigation for possible criminal misconduct in the Bahamas. In other news, Amazon has bowed to pressure brought on by the recent collapse of its stock in the market (losing $1 trillion in market value) and released 10,000 employees from its workforce. In case you missed some of this news or some details, don’t worry; the Global Tech roundup has got you covered. Here is a summary of the Bulletin FTX faces criminal investigation in the Bahamas Apple sued for collecting ‘too much’ user data Amazon fires 10,000 employees Paystack is now licensed in Kenya Twitter Blue suspended amid controversies Read also: Amazon loses $1 trillion in market value, Meta fires 11,000 from its workforce FTX faces criminal investigation in new development It just seems the travails of FTX Exchange are not coming to an end soon. Since its “crash” and bankruptcy filing, the problems for the exchange have not ceased. Several events, including the allegations of serious mismanagement of funds by the exchange and Binance’s announcement of its plan to liquidate approximately $580 million in FTT, aggravated the mess FTX found itself in. But now, the company would be facing criminal investigations for possible criminal misconduct in the Bahamas, marking the latest development in the crypto giant’s implosion and Bankman-Fried’s fall from grace. Spokesperson of the Royal Bahamas Police Force, Chrislyn Skippings Sunday, made this known in a statement released to the public. The announcement comes after the Securities Commission of the Bahamas suspended FTX’s registration and froze its assets on Thursday to “preserve assets and stabilise the company,” the commission said in a statement. JUST IN: The Securities Commission of The Bahamas has frozen the assets of FTX Digital Markets and related parties. Eyewitness News Bahamas (@ewnewsbahamas) November 10, 2022 Following the news of FTX’s bankruptcy at the end of last week, the value of other cryptocurrencies such as Bitcoin, Ether, and other cryptocurrencies, including alt-coins, dropped. Companies that reportedly invested in the coins were not left out as staff were let go at Nestcoin, and Genesis halted withdrawals. The company has also been axed from operations in South Africa as the country’s cryptocurrency market maker Ovex cancelled and removed FTX as a juristic representative, cutting off its access to its local Financial Service Provider (FSP) licence. Apple sued Apple has been sued for invading users’ privacy, a cause that it had championed for years. The iPhone manufacturers had gone head to head with big tech firms, most notably Facebook owner Meta, about the issue in the past. The allegations claim that Apple collected user data even when its customers had explicitly changed their settings to stop the company from doing so. App developers and security researchers Tommy Mysk and Talal Haj Bakry from the software company, Mysk, recently found that iOS sends “every tap you make” to Apple from inside one of the company’s own apps. 1/5The recent changes that Apple has made to App Store ads should raise many #privacy concerns. It seems that the #AppStore app on iOS 14.6 sends every tap you make in the app to Apple.This data is sent in one request: (data usage & personalized ads are off)#CyberSecurity Mysk (@mysk_co) November 3, 2022 Acco...