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Finances

China's Ant Gives Trapped Investors an Opportunity to Cash Out

China's Ant Gives Trapped Investors an Opportunity to Cash Out Source link

Elon Musk Is Making Mark Zuckerberg Seem Cool Again
Business

Elon Musk Is Making Mark Zuckerberg Seem Cool Again

The Facebook co-founder is seizing the moment with a win after years of tumult. Source link

Shein Takes on Amazon in the Business of Selling Everything
Business

Shein Takes on Amazon in the Business of Selling Everything

By Shen Lu July 7, 2023 11:00 pm ET Listen to article (2 minutes) In just a few years, Shein has rapidly expanded from a

Twitter Sues Wachtell Over $90 Million Payout for Musk's Buyout Deal
Business

Twitter Sues Wachtell Over $90 Million Payout for Musk's Buyout Deal

Twitter sued Wachtell, Lipton, Rosen & Katz, the law firm that represented its interests in a Delaware case to force Elon Musk to complete his

The Score: Tesla, UPS, Meta and More Stocks That Defined the Week
Finances

The Score: Tesla, UPS, Meta and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week’s news. Source link

By Remaking Twitter, Elon Musk Created an Opening for Rivals
Business

By Remaking Twitter, Elon Musk Created an Opening for Rivals

Musk has moved to increase subscription revenue and cut costs, but his changes alienated some users. Source link

Binance Unravels as Executives Flee and Layoffs Proliferate
Finances

Binance Unravels as Executives Flee and Layoffs Proliferate

The firm’s general counsel, chief strategy officer, chief business officer and a senior vice president for compliance departed in recent days amid the turmoil rattling

A Path Forward for Regulating Crypto Markets
Finances

A Path Forward for Regulating Crypto Markets

Two former top regulators argue that litigation by the SEC is only part of the crypto-regulation solution. Source link

China's Ant Group Slapped With Nearly $1 Billion Fine
Business

China's Ant Group Slapped With Nearly $1 Billion Fine

Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer to the end of its

Companies Are Drowning in Too Much AI
Business

Companies Are Drowning in Too Much AI

IT sellers are rolling out an avalanche of new generative AI features, leaving CIOs overwhelmed and workers confused. Source link