By Jessica DiNapoli and Richa Naidu NEW YORK/LONDON (Reuters) -Top advertisers on Twitter slashed their spending after Elon Musk’s takeover,…
Bitcoin rises 6.2 percent to $22,401
(Reuters) – Bitcoin rose 6.24 % to $22,401 at 22:07 GMT on Friday, adding $1,315 to its previous close. Bitcoin,…
ABB sells its power conversion division for $505 million
ZURICH (Reuters) -ABB has sold its U.S.-based power conversion business to AcBel Polytech Inc for $505 million, the Swiss engineering…
Samsung loses bid to pause Caltech patent lawsuit over wireless chips
By Blake Brittain (Reuters) – Samsung Electronics Co failed to convince an East Texas federal court on Friday to pause…
FTX wins court approval to hire bankruptcy lawyers amid conflicts concerns
By Dietrich Knauth and Andrew Goudsward (Reuters) -A U.S. judge on Friday signed off on FTX’s choice of legal advisers…
Crypto lending unit of Genesis files for U.S. bankruptcy
(Reuters) -The lending unit of crypto firm Genesis filed for U.S. bankruptcy protection on Thursday, owing creditors at least $3.4…
Apple wins appeal to keep $308 million U.S. patent verdict at bay
By Blake Brittain (Reuters) – A U.S. appeals court on Friday affirmed a decision to throw out a $308.5 million…
Netflix’s ability to churn out hits gives it an edge over rivals
(Reuters) -Netflix Inc’s steady stream of hit shows is helping it stand out in a crowded market while paving the…
Factbox-The many companies in Digital Currency Group’s crypto empire
By Elizabeth Howcroft and Hannah Lang (Reuters) -U.S. crypto company Digital Currency Group (DCG) is at the center of the…
Factbox-Crypto’s string of bankruptcies
LONDON (Reuters) – The lending unit of U.S. crypto firm Genesis filed for U.S. bankruptcy protection on Thursday, the latest…