Cathie Wood adds to holdings in Coinbase, other crypto stocks amid FTX fallout
Ark Invest is not backing away from crypto despite the declines in prices and bankruptcy of FTX.
Never seen ‘such a complete failure’ of corporate controls, says new FTX CEO who also oversaw Enron bankruptcy
Newly appointed FTX CEO John Ray III excoriated Sam Bankman-Fried, declaring he had never seen such a failure of corporate controls or trustworthy information.
Watch CNBC’s full interview with Microsoft CEO Satya Nadella
Satya Nadella, chairman and CEO of Microsoft, speaks to CNBC’s Tanvir Gill.
More protesters in Iran have been sentenced to death as political unrest continues
The Tehran court has issued three more death sentences to people who were involved in anti-government protests following the death of Mahsa Amini.
Talks at COP27 enter final stretch — but draft deal slammed for paving the way to ‘climate hell’
The U.N. climate agency on Thursday published a 20-page first draft of a hoped-for final agreement.
UK finance minister announces tax hikes and spending cuts, says country is in recession
The U.K. government on Thursday unveiled a sweeping fiscal plan aimed at plugging a gaping hole the public finances and restoring Britain’s economic credibility.
World of Warcraft to go offline in China as Activision Blizzard and NetEase end 14-year deal
The Blizzard-NetEase deal is due to expire in January 2023 after the two firms were unable to agree on renewal terms.
Binance CEO slams Sam Bankman-Fried’s behavior, takes aim at Nouriel Roubini
The chief executive of the largest online exchange for cryptocurrency, Binance, criticized the former CEO of bankrupt exchange FTX and took aim at economist Nouriel Roubini.
The global stock market rally could be about to meet recession reality
Global stock markets have rallied on hopes that central banks will soon begin to slow their aggressive interest rate hikes as inflation shows signs of peaking.
Microsoft wants to create more competition among game publishers, CEO Satya Nadella says
Microsoft’s Satya Nadella says the tech giant wants to create more competition among game publishers, with its proposed offer to buy Activision Blizzard.
