Massive tech layoffs are spawning a new wave of startups Early-stage venture capital funding at record highs Echoes of the dotcom crash that fueled Facebook and others Jan 3 (Reuters) – Nic Szerman lost his job at Meta Platforms (META.O) in November, just two months after joining full-time, victim of a drastic 13% cut in …
Startups rise from the ashes of the Big Tech purge Read More »
Polls consistently show that older Americans regret a lot of things — working too much, choosing the wrong partner, not taking care of their health, and so on. There are also often financial regrets, such as not having saved enough and investing too little for retirement. This last regret has many reasons: everything from the …
This Brilliant Idea Can Make Everyone Better With Money, Older Americans Say Read More »
ANKARA, Nov 25 (Reuters) – Turkey and Qatar are in the final stages of Doha talks to provide up to $10 billion in funding to Ankara, including up to $3 billion by the end of this year, two senior Turkish officials and another source told Reuters. One of the officials said the full funding could …
Turkey in final-stage talks for up to $10 billion in funding from Qatar – sources Read More »
NEW YORK, Nov 16 (Reuters) – Former President Donald Trump’s entry into the 2024 presidential race on Tuesday confirmed the world’s “worst-kept secret” and created another variable for markets that some say investors, remains a low priority for now. Trump, who has launched relentless attacks on the integrity of the American vote since his defeat …
Trump’s 2024 presidential bid breathes new life into markets Read More »
Nov 15 (Reuters) – Solana, a poster coin of the crypto future, is in trouble. The cryptocurrency, which had been hailed by FTX founder Sam Bankman-Fried, was hit harder than any other major coin by the exchange’s collapse. The Solana, or SOL, token has fallen 53.8% since the furor began to unfold on November 2. …
Cryptoverse: So far, Solana? Ether rival crushed by FTX crash Read More »
The secondary market for private equity has grown rapidly over the past decade, paralleling the growth of private markets. Since 2012, the secondary market has more than quintupled its previous size, reaching a record $130 billion in 2021. A new record was also set this year with $58 billion traded in the first half of …
LONDON, Nov 11 (Reuters) – Defusing this year’s biggest shock to the global economy could catalyze a rebound in global markets that many investors believe is too late – but could also raise other uncomfortable puzzles. Whispers about an endgame to Russia’s 9-month-old invasion of Ukraine – suggestions ranging from ‘talking talks’ to a brokered …
Column: Ukraine endgame could electrify global markets Read More »
SINGAPORE, Nov 11 (Reuters) – Regulators froze some assets of troubled cryptocurrency exchange FTX and industry peers rushed to limit losses on Friday amid worsening solvency problems of the company and increased control of its managing director, Sam Bankman-Fried. The week-long saga that began with a run on FTX, one of the biggest crypto exchanges, …
FTX scrambles for funds as regulators take action Read More »
Nov 10 (Reuters) – FTX is scrambling to raise about $9.4 billion from investors and competitors, a source said on Thursday, as chief executive Sam Bankman-Fried urgently seeks to save the cryptocurrency exchange that has been rocked by a rush of customer withdrawals. Bankman-Fried discussed raising $1 billion each from Justin Sun, the founder of …
FTX Seeks $9.4 Billion in Rescue Funds, Bahamas Freezes Some Assets Read More »
SINGAPORE, Nov 8 (Reuters) – This is no joke. Elon Musk’s acquisition of Twitter has put a new wind in the sails of dogecoin, the same cryptocurrency he catapulted to fame. Dogecoin’s price doubled after tycoon Tesla closed the $44 billion deal. It was trading at around $0.07 on October 27 before Musk tweeted “the …
Cryptoverse-Elon Musk releases the bird and the dog coin flies Read More »
