By Luc Cohen NEW YORK (Reuters) -The U.S. government has launched a website for victims of FTX cryptocurrency exchange founder…
Tesla slashes prices in China, other Asian markets as sales stumble
SHANGHAI (Reuters) – Tesla cut prices in China for the second time in less than three months on Friday, fuelling…
Chinese billionaire Jack Ma to relinquish control of Ant Group
HONG KONG (Reuters) – Ant Group’s founder Jack Ma will no longer control the Chinese fintech giant after the firm’s…
Salesforce aims to cut costs by $3 billion to $5 billion -Fortune
(Reuters) -Cloud-based software firm Salesforce Inc is looking to cut costs by $3 billion to $5 billion, Chief Executive Marc…
Tesla short sellers pile on pressure after most profitable trade in 2022
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Fresh off their most profitable year ever, short sellers targeting Tesla Inc’s…
FTX teams in U.S., Bahamas to coordinate crypto recovery efforts
By Tom Hals and Dietrich Knauth (Reuters) -FTX’s U.S.-based bankruptcy team have agreed to coordinate with liquidators winding down the…
U.S. VC funding cools from 2021 record as investors keep their powder dry
By Krystal Hu (Reuters) – Funding for U.S. startups fell by one-third from their peak in 2021, according to PitchBook…
Elon Musk says Twitter staff ‘error’ led to hiring Perkins Coie law firm
By David Thomas (Reuters) – Twitter Inc CEO Elon Musk said in an email to Reuters on Friday that hiring…
New York sues Celsius Network founder Mashinsky, alleges crypto fraud
By Jonathan Stempel NEW YORK (Reuters) -New York’s attorney general on Thursday sued Celsius Network founder Alex Mashinsky, claiming he…
Exclusive-TikTok freezes consultant hiring for U.S. security deal as opposition mounts
By Echo Wang (Reuters) -TikTok has put on hold a hiring process for consultants that would help it implement a…