By Elizabeth Howcroft LONDON (Reuters) – Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving…
Analysis-Why the U.S. needs Japan’s help on China chips restrictions
By Michael Martina and David Brunnstrom WASHINGTON (Reuters) – When the Biden administration unveiled aggressive export controls in October aimed…
Warner Bros Discovery explores sale of music library – FT
(Reuters) -Warner Bros Discovery Inc is exploring a sale of its music library that could be valued at more than…
Google Cloud’s top U.S. sales executive departs
(Reuters) -Alphabet Inc’s Google promoted the head of its international cloud businesses, Adaire Fox-Martin, to take on a top sales…
TSMC cuts 2023 capex after record Q4 as chip demand weakens
By Yimou Lee and Sarah Wu TAIPEI (Reuters) -Taiwanese chipmaker TSMC warned on Thursday that first-quarter revenue would drop as…
Ericsson’s provision for U.S. probe hints of smaller fine, shares jump
STOCKHOLM (Reuters) – Ericsson said on Thursday it would book a 2.3 billion Swedish crown ($220 million) provision for an…
Investor Peltz takes on Iger’s kingdom with fight for Disney board seat
By Aditya Soni and Akash Sriram (Reuters) -Activist investor Nelson Peltz on Thursday formally launched a battle for a board…
Ex-Goldman bankers tap LinkedIn, headhunters in frail financial jobs market
By Scott Murdoch, Selena Li and Sinead Cruise SYDNEY/HONG KONG/LONDON (Reuters) – Newly unemployed Goldman Sachs workers are tapping head-hunters…
FAA has struggled to modernize computer, air traffic operations
By David Shepardson WASHINGTON (Reuters) -The breakdown of a key computer system, which resulted in the suspension of U.S. flight…
Lucid beats lawsuit claiming it defrauded SPAC investors about production outlook
By Jonathan Stempel (Reuters) – Lucid Group Inc on Wednesday won the dismissal of a lawsuit accusing the luxury electric…