The federal judge overseeing the bankrupt crypto firm FTX vowed to retain control over $7.3 billion in disputed assets, a potential setback for liquidators in the Bahamas seeking to claim to some of the money as part of a separate insolvency case on the island nation.
(Bloomberg Law) — A New York lawyer told a judge he never meant to fool anybody when he filed a court brief full of phony legal precedents invented by ChatGPT.
Tiger Global Management and other technology-focused stock hedge funds jumped in May, adding to a strong 2023 performance that’s helping them crawl back from last year’s losses.
Semiconductor research projects with €8 billion ($8.6 billion) in public funds were approved by the European Union’s executive arm as part of a push to increase the bloc’s domestic chip-supply chain.
Billionaire investor Orlando Bravo said it’s private equity’s time to shine as venture capital struggles in the current market.
Technology stocks drove a rally in US equities while bond yields and the dollar fell after data showing US jobless claims surged more than expected last week.
Alphabet Workers Union issues statement seeking voice in policies
The US Securities and Exchange Commission asked a federal court for permission to use “alternative means” to serve papers to Binance Holding Ltd. and Changpeng Zhao, noting that the crypto executive is “famously protective of revealing his whereabouts.”
The Bloomberg Invest conference resumed Thursday with some of the most influential leaders in finance gathering in New York for conversations on a wide range of topics, including artificial intelligence, cryptocurrencies and venture capital.
The concept hypercar may be the 918 Spyder sequel fans have been waiting for.
