What the Binance settlement means for crypto investors—and why it could clear the path for a bitcoin ETF
Industry insiders are cheering the end of a CZ-led Binance as a necessary path forward for crypto.
No sign of terrorism in blast that killed 2 at U.S.-Canada border in Niagara Falls, governor says
“At this time there is no indication of a terrorist involved attack here at the Rainbow Bridge in Western New York,” Gov. Kathy Hochul said.
Investors can get a 5.6% yield with this ‘first-rate’ ultrashort bond ETF
Pimco’s ultrashort bond ETF has an average duration of less than a year.
Huawei’s smartphone spinoff Honor plans IPO
Huawei spun Honor off in 2020 after U.S. sanctions crippled the Chinese tech giant’s smartphone business.
After closed door OpenAI drama, open source AI backed by Nvidia, Eric Schmidt, could emerge winner
Hugging Face and Mistral are open source AI models backed by Nvidia, Salesforce and former Google CEO Eric Schmidt. OpenAI’s drama may help them.
Sam Altman’s back. Here’s who’s on the new OpenAI board and who’s out
After several days of crisis and tumult, Sam Altman has returned as the CEO of OpenAI. Three new board members have replaced the leadership that fired Altman.
Bad news for Black Friday: Retailers cast doubt on holiday shopping with cautious guidance
Retailers have been cautious headed into the holidays, spelling trouble for the crucial shopping season and raising questions about the health of the economy.
Jack Ma halts plans to cut his Alibaba stake after shares in the Chinese e-commerce giant drop
Alibaba shares have dropped below the price that Jack Ma would like to sell them for.
Germany reports bird flu outbreak in northern part of the country
Germany has reported an outbreak of the highly pathogenic H5N1 bird flu virus on a poultry farm in the northern part of the country.
European Central Bank VP says escalation in geopolitical risk could spark market correction
Markets “believe that we are going to have a soft landing, they believe that geopolitical risks will not escalate,” Luis de Guinos told CNBC.
