Bloomberg Tech

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Prosus NV slashed the value of its holding in Byju’s by 15%, the investor’s second reduction in less than a year, as the beleaguered Indian ed-tech startup fights off an investor uprising.

EDX Markets, a recently launched crypto exchange backed by firms including Citadel Securities, Fidelity Digital Assets and Charles Schwab Corp., has dropped its plan to use Paxos as a custodian and is now in final talks with Anchorage Digital about a new partnership, according to people familiar with the matter.

Credicorp, one of Latin America’s biggest financial services companies, is close to launching new products aimed at young users in Chile and Peru, two markets almost untouched by the regional wave of fintech startup investment.

Stocks rebounded amid a rally in big tech and signals that the US economy remains resilient in the face of tight Federal Reserve policy.

The British carmaker spent several years evaluating the electric vehicle components that Mercedes and Lucid had to offer, and will go with the upstart.

The factory-building boom that’s sweeping the US is not happening in other advanced economies, the Treasury Department said, highlighting a gap that’s opening up as the Biden administration plows cash into incentives to spur domestic manufacturing.

Dock, which builds and provides payments services and digital banking to companies across Latin America, is rolling out a tool to allow firms to extend lending and control repayment terms.