A new crypto exchange backed by firms including Citadel Securities, Fidelity Digital Assets and Charles Schwab Corp. said it’s gone live, a move that could reshape the digital-asset landscape amid heightened US scrutiny of the sector.
(Bloomberg) — Spotify Technology SA is planning a more expensive subscription option that’s expected to include high-fidelity audio in an effort to drive more revenue and placate investors who’ve been saying the company should raise its prices.Â
Top Justice Department antitrust lawyers are weighing a revamp of how they scrutinize bank mergers, complicating further consolidation for an industry that’s facing some of its biggest challenges since the financial crisis.
Baidu Inc. is positioned to be the best proxy to own as artificial intelligence tools help China shift $7.4 trillion spending from offline to the internet, Morgan Stanley said.
Baidu Inc. is positioned to be the best proxy to own as artificial intelligence tools help China shift $7.4 trillion spending from offline to the internet, Morgan Stanley said.
Alibaba Group Holding Ltd. is bringing back two of Jack Ma’s longest-serving lieutenants to try and turn around a company that’s struggled to regain its footing since Beijing’s regulatory assault against the internet sector in 2021. Yet investors remain uncertain what they can do to restore an icon of Chinese private enterprise to its former glory.
From books to cloud computing, Amazon.com Inc. has gone on to dominate many segments over the years. Now Morgan Stanley projects that the e-commerce giant will become the biggest player in another space: beauty.
Rivian Automotive Inc. will incorporate Tesla Inc.’s electric-vehicle charging ports into future automobiles and gain access to its supercharger network, marking another high-profile adopter of technology that is rapidly becoming the industry standard.
Abu Dhabi National Oil Co. has made a preliminary takeover approach for German chemical producer Covestro AG, people with knowledge of the matter said, a potential acquisition that would rank as its biggest-ever overseas purchase.
President Joe Biden is scheduled to meet with business leaders and experts on artificial intelligence as his administration pushes companies to develop new security and privacy safeguards.
