FTX Sues Bankman-Fried, Associates Over $1 Billion in Bad Deals
Bankrupt FTX Trading Ltd. will try to claw back millions of dollars in cash and unwind more than
2023-07-21 07:47
FTC to Pause Microsoft Merger Trial, Opening Door to Settlement Talks
The US Federal Trade Commission paused its in-house trial against Microsoft Corp.’s $69 billion acquisition of Activision Blizzard
2023-07-21 05:46
Startup Cerebras Takes on Nvidia With AI Supercomputers
Startup chipmaker Cerebras Systems Inc. announced that it’s built the first of nine artificial intelligence supercomputers in a
2023-07-21 04:57
Fed Debuts New Payments Network to Speed Up US Money Movement
The Federal Reserve debuted a new payments system designed to speed up the movement of money among banks
2023-07-21 02:17
OpenAI Backs Idea of Requiring Licenses for Advanced AI Systems
An internal policy memo drafted by OpenAI shows the company supports the idea of requiring government licenses from
2023-07-21 01:24
Tylenol Maker Kenvue Sinks on Looming J&J Exchange Offer
Kenvue Inc., the consumer-focused spinoff of Johnson & Johnson that owns brands such as Band-Aid and Tylenol, fell
2023-07-20 23:26
Infosys Cuts Sales Forecast as Companies Curtail IT Spending
Infosys Ltd. cut its annual sales forecast, signaling companies are delaying discretionary technology spending amid fears of an
2023-07-20 18:56
IBM Maintains Full-Year Sales Forecast, Easing Fears of Slowdown
International Business Machines Corp. maintained its full-year forecast of 3% to 5% sales growth, overcoming investor anxiety about
2023-07-20 06:23
Alex Mashinsky, Celsius ‘Master Marketer,’ Peddled Crypto Hope and Hype
Alex Mashinsky claimed he was different. The 57-year-old was the affable, approachable adult of crypto. He boasted that
2023-07-20 02:50
Venture-Capital Firms to be Held Liable for DeFi Sanctions Violations Under New US Bill
A new bipartisan Senate bill would hold venture-capital firms and other large investors accountable in some cases for
2023-07-20 00:58
Grab’s Bank to Accept Bigger Deposits, Signaling Cap Raised
Grab Holdings Ltd.’s upstart digital bank started accepting larger deposits in Singapore, suggesting the city-state’s regulator has raised
2023-07-19 18:15
Spain’s Sanchez Is Struggling to Make the Case for the Economy
The resilience of Spain’s economy likely won’t be enough to convince voters to reelect Prime Minister Pedro Sanchez
2023-07-19 12:24