SpaceX employees are offering to sell shares via a private placement that would value the firm at $125-billion, sources said.
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The crypto market may well bounce back. But the message is clear: this stuff is not ready for prime time.
Last week’s undoing of the TerraUSD algorithmic stablecoin and its sister token Luna has ramifications for all of crypto.
The move translates into additional pressure on makers of smartphones, cars and game consoles to lift the prices consumers pay.
A selloff in technology stocks is spreading from more speculative shares to the world’s biggest companies.
Walt Disney Co’s quarterly results show a path for signing up a quarter of a billion subscribers: international expansion. But investors are now asking, at what cost?
Safaricom is encouraged by the positive outlook in Ethiopia and plans to start operations there this year, its CEO said.
Toyota rolled out its first mass-produced battery electric car in Japan on Thursday for lease only, a strategy that has raised analysts’ eyebrows.
Google and MultiChoice-owned SuperSport have flagged an interest in bidding for the broadcast rights of the Indian Premier League, sources said.
Stablecoins besides TerraUSD are failing to live up to their billing as the collapse of the algorithmic token has investors pondering the implications of the tumult for the broader market.