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Palantir CEO Alex Karp Refutes 'Ridiculous' Surveillance Reports, Says Company Is 'Winning'
Thursday, June 5, 2025 - 1:58pm | 658Palantir Technologies Inc (NASDAQ:PLTR) CEO Alex Karp denied claims on Thursday suggesting the company is aiding the government in unlawful surveillance. What Happened: The New York Times reported last week that the Trump Administration has tapped Palantir to collect data on Americans after...
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FTX Founder Is Trying To Raise Funds To Pay Back Bankrupt Crypto Exchange's Clients: Report
Tuesday, November 15, 2022 - 11:11am | 358Sam Bankman-Fried, the founder of the embattled cryptocurrency exchange FTX, is seeking to raise fresh funds, even as his exchange, along with 130 other associated entities, initiated bankruptcy proceedings last week. Bankman-Fried and a small number of other employees spent the last weekend...
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Rishi Sunak Selected As UK's Next Prime Minister: What You Need To Know
Monday, October 24, 2022 - 10:11am | 500Former chancellor Rishi Sunak has been selected to succeed Liz Truss as the U.K.'s newest prime minister. What To Know: Sunak will take over control of the world’s sixth-largest economy, replacing Truss, the country's shortest-serving leader of all time,...
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200 Chinese Stocks Have Until December To Comply With US Standards Or Risk Delisting: SEC's Gensler Says 'Proof Will Be In The Pudding'
Friday, August 26, 2022 - 11:26am | 530An agreement reached Friday between the United States and China would permit American accounting officials to visit Hong Kong to review the audit records of Chinese companies listed on U.S. exchanges. It's the first time China has given the U.S. the ability to perform Public Company...
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America's Least Philanthropic Billionaires: Scrooges Of The Forbes 400
Friday, July 29, 2022 - 12:24pm | 669Editor's note: This story has been edited to reflect an update by Forbes to Tesla CEO Elon Musk's philanthropy ranking that removed him from the list of the least generous billionaires. Original publication: 2018. For the first time, the Forbes 400 list includes a generosity ranking....
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China And Saudi Arabia In Talks To Price Oil Sales In Yuan: Report
Tuesday, March 15, 2022 - 3:34pm | 350Saudi and Chinese officials have been holding ongoing discussions about pricing of some of the Gulf nation’s oil sales in yuan rather than dollars or euros. What Happened: The two nations have been holding sporadic talks about yuan-priced oil contracts over a six-year period, according...
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AMC In Discussions To Refinance High-Interest Debt To Clean Up Balance Sheet: Report
Tuesday, January 25, 2022 - 12:37pm | 412AMC Entertainment Holdings, Inc. (NYSE: AMC) CEO Adam Aron is walking the talk: Aron announced at the start of the year the company is intent on cleaning up its balance sheet. What Happened: The theater chain is in advanced talks with multiple parties to restructure its debt, The Wall...
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Robinhood CEO: Our Business Has Come Under Attack By Critics Who Say Our Platform Is 'Gamified'
Tuesday, September 28, 2021 - 8:01am | 373“Out-of-touch investors” are attacking commission-free, no minimum brokerages, says Robinhood Markets Inc (NASDAQ: HOOD) CEO Vlad Tenev. What Happened: In a recent opinion piece published in the Wall Street Journal, Tenev said the business has “come under attack by critics...
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Facebook Internally Acknowledges How Instagram Is Harming Teens While Discrediting Claims In Public: WSJ
Wednesday, September 15, 2021 - 5:15am | 561Facebook Inc (NASDAQ: FB) has found that its photo and video sharing app Instagram is harmful to a significant number of teenagers, especially girls, a fact it has downplayed in public, according to a Wall Street Journal report from Tuesday. What Happened: The Menlo Park, California-...
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Why Alphabet, Amazon, Microsoft Are Eyeing This $715B Sector
Tuesday, September 7, 2021 - 2:30pm | 378Tech industry leaders are pushing the U.S. government to adopt commercially developed technologies via public-private partnerships to counter China's growing power, the Wall Street Journal reports. The private sector commands more talent, research budgets and capabilities in artificial...
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US Traders Are Bypassing Ban On Offshore Exchanges To Make Risky Leveraged Bets On Dogecoin, Bitcoin: Research
Friday, July 30, 2021 - 6:46am | 490Traders in the United States are bypassing federal laws banning them from accessing offshore exchanges to trade high-risk cryptocurrency derivatives, according to research from Inca Digital. What Happened: U.S. traders are placing leveraged bets on whether virtual assets like Dogecoin (CRYPTO: DOGE...
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Intel Said To Be Considering Buying GlobalFoundries In $30B Deal
Friday, July 16, 2021 - 12:55am | 645Semiconductor giant Intel Corp (NASDAQ: INTC) is in talks to buy contract chip maker GlobalFoundries for $30 billion, The Wall Street Journal reported on Thursday, citing sources. What Happened: The acquisition will be the largest for Intel and could help boost the semiconductor manufacturing...
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Traders Worldwide Sue Binance Over Losses During Service Crash In May
Monday, July 12, 2021 - 1:54pm | 282Binance faces a lawsuit over the trading service crash that happened during the May crypto market downturn resulting in major losses for traders. What Happened: According to a Wall Street Journal report, a group of about 700 traders is working with a lawyer in France to take action...
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What's Up With Roku, ViacomCBS Stocks
Wednesday, June 23, 2021 - 10:41pm | 509Roku Inc (NASDAQ: ROKU) shares shot up over 4.5% and ViacomCBS Inc (NASDAQ: VIAC) shares were up over 2.6% at the end of the regular session on Wednesday. What Happened: The movement in the stock prices was fueled by a report from The Wall Street Journal that Comcast Corporation (NASDAQ: CMCSA) CEO...
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Amazon Says Goodbye To Arbitration As It Backfires With 75K Claims
Tuesday, June 1, 2021 - 3:59pm | 475Amazon.com, Inc. (NASDAQ: AMZN) recently altered its terms of service to drop arbitration requirements, meaning that customers can now file lawsuits. What Happened: The change comes after the company was bombarded with upwards of 75,000 individual arbitration demands on behalf of Echo users....