Binance could lay off thousands as company buckles down for DOJ probe, source says
Crypto exchange Binance is laying off employees in response to an ongoing Justice Department probe that is likely to end…
Will Smith-backed U.S. broker Public launches in the UK in first foray overseas
American stock brokerage startup Public launched its services in the U.K. Thursday, marking its first international expansion its launch in…
Two ETF experts reveal their top tech and A.I. plays for 2023’s second half
Investors may want to stick with what’s working in the market. ETF experts Todd Sohn and VettaFi’s Dave Nadig believe…
China hits Alibaba affiliate Ant Group with $985 million fine for violating various regulations
China’s central bank hit Alibaba affiliate Ant Group with a 7.12 billion yuan fine ($985 million) on Friday. The People’s…
Southeast Asia’s IPO market is an investor favorite amid global headwinds, Deloitte says
Southeast Asia’s initial public offering market is showing promising signs despite a global IPO slowdown in the first half of…
U.S. judge restricts Biden officials from contact with social media firms
A U.S. federal judge on Tuesday restricted some agencies and officials of the administration of President Joe Biden from meeting…
Before Apple’s Vision Pro hits the shelves, lower-priced rival Xreal claims it’s near 200k shipments
BEIJING — Less than a year since augmented reality glasses startup Xreal started sales, the Alibaba-backed company is claiming shipments…
Goldman in talks to offload Apple credit card, savings products to American Express, source says
Goldman Sachs is in talks to offload its Apple credit card and high-yield savings account products to American Express, a…
Huawei says applying 5G technology to business was more difficult than expected
SHANGHAI — Huawei’s Chief Financial Officer Meng Wanzhou said Wednesday that applying 5G technology to business was more difficult than…
Nonprofit funded by GOP donor Thiel apparently donated to left-leaning group, records show
A nonprofit group funded by Republican megadonor Peter Thiel appears to have donated $3 million to a group that has…
