By Medha Singh and Lisa Pauline Mattackal (Reuters) – “I’m nearly bankrupt,” says Jad Fawaz, a crypto trader in Abu…
Netflix co-CEO yet to see a path to profitability in ‘renting big sports’
(Reuters) -Netflix Inc co-Chief Executive Ted Sarandos on Tuesday said he has yet to see a path to profitability in…
Most crypto should be regulated as securities, NYSE-owner ICE’s CEO says
By John McCrank NEW YORK (Reuters) -Most cryptocurrencies will likely be regulated under existing securities laws following crypto exchange FTX’s…
Apple scales back self-driving car, delays launch to 2026 – Bloomberg News
(Reuters) -Apple Inc has scaled back ambitious self-driving plans for its future electric vehicle and postponed the car’s target launch…
Dealmakers face pressure to clinch M&A quickly in volatile markets
By Maiya Keidan TORONTO (Reuters) – When HSBC plc struck a deal last week to sell its Canadian unit to…
Meta cannot run ads based on personal data, EU privacy watchdog rules – source
BRUSSELS (Reuters) – Meta cannot run advertising based on personal data and will need users’ consent to do so, according…
AMC Networks CEO exits after brief stint; plans 20% U.S. job cuts
(This Nov. 29 story has been refiled to remove picture) (Reuters) – AMC Networks said its chief executive officer had…
Factbox-Corporate America lays off thousands as recession worries mount
(Adds Buzzfeed) (Reuters) – U.S. companies, from tech majors to consumer firms, are bracing for a potential economic downturn by…
BuzzFeed to cut workforce by 12%
(Reuters) -BuzzFeed Inc will cut about 12% of its workforce to rein in costs, the online media company said on…
Exclusive: Musk’s Neuralink faces federal probe, employee backlash over animal tests
By Rachael Levy (Reuters) – Elon Musk’s Neuralink, a medical device company, is under federal investigation for potential animal-welfare violations…