LONDON (Reuters) – After major crypto exchange FTX filed for U.S. bankruptcy protection on Friday, the crypto industry is bracing…
Tiger Global bought shares of Microsoft, Block, Uber in third quarter
By Manya Saini and Carolina Mandl (Reuters) -Investment firm Tiger Global Management raised its stake in tech giant Microsoft Corp,…
Rogers says Telus documents show rival tried to ‘kill’ Shaw deal
By Divya Rajagopal TORONTO (Reuters) – In its effort to win takeover approval, telecom provider Rogers Communications Inc on Monday…
Electric vehicle makers burning cash, slammed by sky-high costs
By Akash Sriram (Reuters) – Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are…
Google to pay nearly $400 million to settle U.S. location-tracking probe
By Diane Bartz, David Shepardson and Karen Freifeld WASHINGTON (Reuters) -Alphabet’s Google will pay $391.5 million to settle allegations by…
Crypto lender BlockFi says it has significant exposure to FTX
(Reuters) -Cryptocurrency lender BlockFi said on Monday it has significant exposure to Sam Bankman-Fried’s crypto exchange FTX, and associated entities,…
‘Big Short’ fund manager Burry buys another prison stock
By Carolina Mandl NEW YORK (Reuters) – Scion Asset Management’s Michael Burry, known for his timely bets against housing ahead…
Fed’s Brainard: Crypto finance needs strong regulation
(Reuters) -Recent turmoil in the cryptocurrency market shows the need for it to be firmly regulated the same way traditional…
U.S. Argonne National Lab scales up startup SambaNova’s latest AI system
By Jane Lanhee Lee (Reuters) – Silicon Valley artificial intelligence (AI) computing startup SambaNova Systems said on Monday it delivered…
Elon Musk’s SpaceX buys ad campaign on Twitter for Starlink
(Reuters) -SpaceX has bought an advertising package on Twitter for its satellite internet service Starlink, said Elon Musk, who owns…