Microsoft’s $69 billion Activision Blizzard takeover approved by UK, clearing way for deal to close
Britain’s top competition watchdog on Friday gave the green light to Microsoft’s proposed $69 billion takeover of gaming firm Activision…
While ChatGPT stokes fears of mass layoffs, new jobs are being spawned to review AI
Artificial intelligence might be driving concerns over people’s job security — but a new wave of jobs are being created…
Already a humanitarian crisis, war with Hamas could have major impact on Israel’s economy
As Israel prepares for what could be a long war with massive humanitarian implications, there are also concerns about how…
JPMorgan’s Marko Kolanovic braces for 20% market plunge, delivers recession warning
JPMorgan’s Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500. According to the Institutional Investor hall-of-famer,…
U.S. warned China to expect updated export curbs in October, official says
The Biden administration warned Beijing of its plans to update rules that curb shipments of AI chips and chipmaking tools to China…
FTX customers who lost a fortune on the bankrupt exchange are doubling down on crypto
FTX’s multibillion-dollar cryptocurrency blowup hasn’t destroyed all faith in the industry. In a new documentary premiering Monday, FTX customers, insiders…
Brad Gerstner says AI will be bigger than the internet, bigger than mobile
Altimeter Capital Chair and CEO Brad Gerstner is massively bullish on artificial intelligence, saying the power of the advanced technology…
Binance to sell Russia business for undisclosed amount
Cryptocurrency exchange Binance said on Wednesday it will sell its Russia business to newly-launched exchange CommEX, becoming the latest company…
SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off
Virtual reality startup Improbable said Wednesday that it reduced losses by 85% in 2022, a year that saw the company…
JPMorgan’s UK digital bank blocks customers from buying crypto
Chase UK, the British challenger bank brand of JPMorgan, has blocked customers in the U.K. from purchasing crypto assets. The…
