By Dietrich Knauth and Tom Hals NEW YORK/WILMINGTON, Del. (Reuters) -Crypto exchange FTX has recovered more than $5 billion in liquid assets but the extent of customer losses in the collapse of the co[...]
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Technology
Strength of ‘weak ties’: How casual contacts can boost your career
By Chris Taylor NEW YORK (Reuters) – When Lauren Hopkins snagged a gig in student affairs at Virginia Commonwealth University in Richmond, Virginia, she figured she knew whom to thank. After all[...]
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Tesla shares fall as investors bash Musk’s Twitter focus
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla shares extended declines to hit their lowest level in more than two years on Wednesday, as investors including a “fanboy” of CEO Elon M[...]
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Crypto firm Binance says deposits returning after heavy withdrawals
By Tom Wilson and Rae Wee LONDON/SINGAPORE (Reuters) -The head of major crypto exchange Binance said on Wednesday deposits were returning, a day after it saw heavy outflows of cryptocurrencies and hal[...]
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Berkshire Hathaway sells $34.4 million worth of shares in China’s BYD
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.33 million Hong Kong-listed shares of electric vehicle maker BYD for HK$267.69 million ($34.4[...]
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Cryptoverse: Jump or slump? $30k or $5k? Play the bitcoin roulette
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Plucky bitcoin’s been holding steady since seeing off the chaos of the FTX collapse, gathering its strength to rally towards the dizzy[...]
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Investors bet on greed and fear as China loosens COVID grip
By Samuel Shen and Summer Zhen SHANGHAI/HONG KONG (Reuters) -Investors caught off-guard by China’s dramatic COVID policy pivot are betting on both greed and fear as the economy starts to gradual[...]
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Slowing crypto startup funding may still surpass 2021 record – Pitchbook
By Medha Singh (Reuters) – Total funding at crypto startups this year is set to exceed investments in 2021, research firm Pitchbook said on Thursday though the pace of capital deployment is slow[...]
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Pinterest reaches deal with activist Elliott; Steinberg to join board
NEW YORK (Reuters) – Pinterest on Tuesday said it reached a deal with Elliott Management, the activist investment firm that has offered up ideas on how to improve operations at the image sharing[...]
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