Business News
Bill to ban TikTok could have mixed results for banks
American Banker - 15 Mar 2024 21:24
Proposed legislation to force Bytedance to sell its U.S. operations of TikTok raises national security concerns and potential retaliation from Beijing.
Daily Cartoon: Friday, March 15th
The New Yorker - 15 Mar 2024 17:28
"Et tu, Brute? Et tu, Sam? Et tu, Zink of the Zinky-Dink Clan? Et tu, Nip-Nip and Nip-Nun? Et tu, et tu, everyone!"
Sonic, Angry Birds 5 game crossover event unites Sega and Rovio
Venture Beat - 15 Mar 2024 02:27
For the first time since Sega acquired Rovio for $776M in 2023, Sonic the Hedgehog and Angry Birds' universes are crossing over in 5 games.
Hey ChatGPT, Why Isn't My AI Fund Up Like Nvidia?
Wall Street Journal - 15 Mar 2024 17:15
It's harder to hitch your wagon to Wall Street's latest fad than you might think.
PagerDuty's stock drops on tepid guidance amid 'headwinds from small business'
Market Watch - 15 Mar 2024 02:08Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says
Coin Desk - 15 Mar 2024 20:32
Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction on fraud and conspiracy charges tied to the collapse ...
How Much Do You Know About the History of Hacking?
Wall Street Journal - 15 Mar 2024 17:00Vonovia falls 5% after its biggest ever loss shines light on Germany's property crisis
CNBC - 15 Mar 2024 12:41
Shares of German property giant Vonovia fell as much as 7% on Friday, shining a light on a deepening real estate crisis in Europe's largest economy.
A TikTok-famous hairstylist went viral for fixing bad dye jobs for free. It soon backfired.
Business Insider - 15 Mar 2024 12:38Cordial Systems Launches Cordial Treasury Naming Jump Crypto as a Client
Crypto News - 15 Mar 2024 06:00
Cordial Systems, a venture-backed blockchain infrastructure company, has launched Cordial Treasury with several clients including Jump Crypto, the digital-asset unit of Jump Trading. The post Cordial Systems Launches Cor...
Lyft, Uber plan to leave Minneapolis after city council forces them to hike driver pay
New York Post - 15 Mar 2024 01:09
Both companies promised to push for statewide legislation that would counter the Minneapolis ordinance.
Adobe shares slip 10% on soft sales forecast
CNBC - 15 Mar 2024 00:11
Adobe paid a $1 billion termination fee to fast-growing startup Figma after regulators pushed back on the two companies combining.
Morgan Stanley wins $1.5 million bonus spat with French banker who quit
American Banker - 15 Mar 2024 00:08
The Paris court of appeals ruled against Bernard Mourad, saying the bank's cash and shares incentive programs "sought to ensure his loyalty in the long term." The judges said they were distinct from his performance compe...
Bill Gates says AI won't magically solve problems that humans aren't already good at
Business Insider - 15 Mar 2024 18:35Manufacturing activity falls significantly in New York in March
Market Watch - 15 Mar 2024 15:41U.S. industrial output inches up 0.1% in February after sharp decline in prior month
Market Watch - 15 Mar 2024 15:40Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says
Coin Desk - 15 Mar 2024 15:30
The bank raised its price target for the crypto exchange to $150 from $95.
A 101-year-old former CEO shared his longevity advice: Early retirement is 'stultifying,' and the Mediterranean diet is best
Business Insider - 15 Mar 2024 15:10
A former pharma CEO became a centenarian in 2022. He credits his longevity to the Mediterranean diet, daily walking, and keeping his brain active.
Michael Saylor's MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin
Coin Desk - 15 Mar 2024 15:01
The firm announced its plans to raise $500 million in a debt offering on Wednesday only days after purchasing 12,000 BTC with the proceeds of a previous $700 million offering.
Nvidia Stock Market Value Would Be Bigger Than the World Economy
The New York Times - 15 Mar 2024 15:00
A.I. fervor has rocketed the chip company's share price upward. Our columnist asked A.I. chatbots how big Nvidia would become if it kept growing as fast as it had over the past year.
US Army instructors say Ukrainian soldiers were 'amazing' at mastering the Patriots they've used to shoot down Putin's overhyped missiles
Business Insider - 15 Mar 2024 13:47Bond yields steady after big surge following PPI
Market Watch - 15 Mar 2024 12:22
Bond yields were steady Friday, after a big rise on Thursday after hotter-than-forecast producer price data.