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World’s largest hedge funds record bumper year of profits, research shows

The world’s top hedge funds raked in record profits last year amid a resurgence in stock markets, new analysis showed.…

Amazon, Microsoft, Meta and others accused by rivals of not respecting new EU competition rules

A raft of major technology and media companies have signed an open letter accusing tech giants of failing to bring…

The Messenger is counting on a sudden and dramatic advertising turnaround to survive

The Messenger, the struggling news media startup co-founded by publishing veteran Jimmy Finkelstein, is urging potential investors to make a…

Ex-Trump lawyer Michael Cohen says he unwittingly sent AI-generated fake legal cases to his attorney

Michael Cohen, Donald Trump’s onetime personal lawyer and fixer, says he unwittingly passed along to his attorney bogus artificial intelligence-generated…

Friday’s S&P 500 and Nasdaq-100 rebalance may reflect concerns over concentration risk

It’s arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large…