By Akash Sriram (Reuters) -Lucid Group Inc said on Tuesday orders for its luxury electric cars slipped in the third…
How Binance’s plan to buy FTX unfolded in a matter of days
By Hannah Lang (Reuters) – Crypto exchange Binance signed a nonbinding agreement on Tuesday to acquire rival crypto exchange FTX,…
Meta will begin laying off employees on Wednesday morning – WSJ
(Reuters) -Meta Platforms Inc will begin laying off employees on Wednesday morning, Chief Executive Mark Zuckerberg told hundreds of executives…
U.S. changes sanction reasons on virtual currency service Tornado Cash
WASHINGTON (Reuters) – The U.S. Treasury has broadened its justification for sanctioning virtual currency mixing service Tornado Cash on allegations…
Marketmind: Another tick in the vol … this time higher
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. There’s a meltdown…
Factbox-Advertisers react to Twitter’s new ownership
(Reuters) – Advertisers are grappling with Twitter’s new ownership under Tesla boss Elon Musk, who once tweeted “I hate advertising”.…
Elon Musk’s net worth slips below $200 billion as Tesla shares waver
(Reuters) – Elon Musk’s net worth dropped below $200 billion on Tuesday as investors dumped Tesla Inc shares on fears…
Crypto exchange Binance plans to acquire major rival FTX
By Hannah Lang and Tom Wilson WASHINGTON/LONDON (Reuters) -Binance, the world’s largest cryptocurrency exchange, has signed a nonbinding agreement to…
EU wants broader rules on companies’ market power, focus on tech
By Foo Yun Chee BRUSSELS (Reuters) – EU regulators want broader rules defining companies’ market power, with more weight given…
Crypto exchange FTX saw $6 billion in withdrawals in 72 hours -CEO message to staff
By Tom Wilson and Angus Berwick (Reuters) -Crypto exchange FTX saw around $6 billion of withdrawals in the 72 hours…