By Medha Singh and Lisa Pauline Mattackal (Reuters) - As the crypto castle crumbles, some true believers say the answer is to double down on DEX. Decentralized exchanges, that is. The spectacular collapse of Sam Bankman-Fried's FTX, a major centralized…
(Reuters) - Meta Platforms Inc spokesperson Andy Stone said in a tweet on Tuesday that a report on Chief Executive Officer Mark Zuckerberg stepping down next year was false. News website The Leak earlier in the day reported that Zuckerberg…
(Removes reference to Ricks' comment on apology from Lilly in paragraph 3) (Reuters) -Eli Lilly & Co Chief Executive Officer Dave Ricks said on Wednesday that the recent imposter Twitter account incident "demonstrates some of the challenges" on the social…
By Paresh Dave OAKLAND, Calif. (Reuters) - Alphabet Inc's Google has struck at least 24 deals with big app developers to stop them from competing with its Play Store, including an agreement to pay Activision Blizzard Inc about $360 million…
By Sheila Dang, Paresh Dave and Hyunjoo Jin (Reuters) -Hundreds of Twitter Inc employees are estimated to have decided to quit the beleaguered social media company following a Thursday deadline from new owner Elon Musk that staffers sign up for…
(Reuters) -Cryptocurrency lender Genesis was seeking an emergency loan of $1 billion from investors before it suspended withdrawals on its website, the Wall Street Journal reported on Thursday, citing a confidential fundraising document. The document viewed by the Journal cites…
(Corrects paragraph 2 in Nov. 15 story to show Amazon Pharmacy sells only prescription drugs, not over-the-counter drugs) (Reuters) -Amazon.com Inc on Tuesday launched Amazon clinic, a virtual platform where users can connect with healthcare providers to help treat common…
By Nick Carey and Paul Lienert (Reuters) - U.S. and European startups are racing to develop new batteries using two abundant, cheap materials — sodium and sulfur — that could reduce China's battery dominance, ease looming supply bottlenecks and lead…
By Tom Hals WILMINGTON, Del (Reuters) - A Tesla Inc director and a former executive took the stand on Monday and defended Elon Musk's $56 billion pay package against a shareholder's claims that the entrepreneur dictated terms of the deal…
By Akash Sriram (Reuters) - Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed. Quarterly…