By Casey Hall SHANGHAI (Reuters) – Alibaba Group opted not to disclose the final sales tally of its annual Singles…
Hedge fund Galois Capital says half its capital stuck on FTX exchange -FT
(Reuters) – Galois Capital is the latest hedge fund caught off guard after close to half its assets were trapped…
Colombia’s Grupo SURA posts near-stable Q3 profit as revenues, costs grow
(Reuters) – Net profit at Grupo SURA, Colombia’s largest investment company, stayed relatively stable in the third quarter compared to…
Sam Bankman-Fried’s sudden turn from white knight to washout
By Hannah Lang (Reuters) – Sam Bankman-Fried earned a reputation as savior of the crypto industry when he bailed out…
Nasdaq, S&P 500 end sharply higher, fueled by inflation optimism
By Noel Randewich and Sruthi Shankar (Reuters) – The S&P 500 and Nasdaq ended sharply higher on Friday, extending a…
Major ad firm Omnicom recommends clients pause Twitter ad spend – memo
(Reuters) – Advertising and marketing conglomerate Omnicom Group Inc has recommended that clients pause their spending on Twitter in the…
Australia unveils joint cyber police taskforce to ‘hunt down’ hackers
SYDNEY (Reuters) – Australia on Saturday formalised a new cyber-policing model in a stepped-up effort to “hunt down” cyber criminal…
Factbox-Global regulatory actions against FTX
LONDON (Reuters) – FTX filed for U.S. bankruptcy proceedings on Friday, capping a week of turmoil for one of the…
Crypto markets in turmoil over FTX bankruptcy
(Reuters) – Crypto exchange FTX filed for U.S. bankruptcy on Friday and Sam Bankman-Fried stepped down as CEO, after a…
Nearly half of Meta job cuts were in tech, reorg underway – execs say
By Paresh Dave OAKLAND, Calif. (Reuters) -Facebook owner Meta Platforms told employees on Friday that it would stop developing smart…