investors
- New York
Dow hits record high as investors cheer Fed outlook on interest rates
The Dow Jones Industrial Average surged to close at more than 37,000 points for the first time as investors applauded…
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Coinbase rolls out spot crypto trading on its international exchange as part of a global expansion, letting investors trade bitcoin and ether against USDC (Bloomberg)
Bloomberg: Coinbase rolls out spot crypto trading on its international exchange as part of a global expansion, letting investors trade…
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The SEC charges Genesis and Gemini with the unregistered offering and sale of securities to retail investors through a Gemini crypto lending program (Sarah Wynn/The Block)
Sarah Wynn / The Block: The SEC charges Genesis and Gemini with the unregistered offering and sale of securities to…
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Source: OpenAI will get all of the equity back once $92B in profit plus $13B in initial investment are repaid to Microsoft and once other investors earn $150B (Gary Marcus/The Road to AI We Can Trust)
Gary Marcus / The Road to AI We Can Trust: Source: OpenAI will get all of the equity back once…
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Sources: Apple promises investors to disclose details about its App Store removals, including the number of removal requests by country and their legal basis (Financial Times)
Financial Times: Sources: Apple promises investors to disclose details about its App Store removals, including the number of removal requests…
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Despite a recent pledge by Chinese officials to support tech to boost growth, VCs and foreign investors remain wary after a brutal, two-year regulatory campaign (Financial Times)
Financial Times: Despite a recent pledge by Chinese officials to support tech to boost growth, VCs and foreign investors remain…
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PitchBook: in 2022, investors pumped $1.37B+ into generative AI companies across 78 deals, almost as much as the investment in the previous five years combined (New York Times)
New York Times: PitchBook: in 2022, investors pumped $1.37B+ into generative AI companies across 78 deals, almost as much as…
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The SEC is working on a rule, which could be finalized this quarter, to make it easier for investors to sue VCs for bad behavior, negligence, and recklessness (Sam Sutton/Politico)
Sam Sutton / Politico: The SEC is working on a rule, which could be finalized this quarter, to make it…
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NY AG Letitia James files a civil suit against Alex Mashinsky, alleging the co-founder of Celsius defrauded investors out of billions by making false statements (Wall Street Journal)
Wall Street Journal: NY AG Letitia James files a civil suit against Alex Mashinsky, alleging the co-founder of Celsius defrauded…
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