INVS08

Some investors backing out of SPAC merging with Trump’s media firm

The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 23 (Reuters) – Some investors are backing out of Digital World Acquisition Corp’s (DWAC.O) plan to …

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Wall St Week Ahead Investors wonder when vicious sell-off in U.S. stocks will end

A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 22, 2022. REUTERS/Brendan McDermidRegister now for FREE unlimited access to Reuters.comRegisterNEW YORK, Sept 23 (Reuters) – A week of heavy selling has rocked U.S. stocks and bonds, and many investors are bracing for more pain …

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Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge

Souvenir tokens representing cryptocurrency networks Bitcoin, Ethereum, Dogecoin and Ripple plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 20 (Reuters) – The Merge came, saw and conquered. Not that you’d guess from crypto prices.The Ethereum blockchain’s mega-upgrade finally went live on Sept. 15, …

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U.S. signs deal with Google to develop chips for researchers

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew KellyRegister now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Sept 13 (Reuters) – The U.S. Commerce Department said it reached a cooperative research and development agreement with Alphabet Inc’s (GOOGL.O) Google to produce chips …

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Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown

Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterSept 13 (Reuters) – For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be becoming more …

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Explainer: Understanding Ethereum’s major ‘Merge’ upgrade

A representations of cryptocurrency Ethereum is seen in front of a stock graph and U.S. dollar in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 9 (Reuters) – Ethereum, the blockchain that underpins the world’s second-largest crypto token ether, will soon undergo a major software upgrade that …

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Kim Kardashian to launch private equity firm with former Carlyle partner

Register now for FREE unlimited access to Reuters.comRegisterSept 7 (Reuters) – Reality television star and entrepreneur Kim Kardashian and a former partner at Carlyle Group Inc (CG.O) Jay Sammons are launching a new private equity firm focused on investing in consumer and media businesses, according to a joint statement.The new firm, named SKKY Partners, will …

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Trump media deal suffers blow as SPAC fails to win extension

The Truth social network logo is seen displayed behind a woman holding a smartphone in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterSept 6 (Reuters) – The blank-check acquisition firm that agreed to merge with former U.S. President Donald Trump’s social media company failed on Tuesday to …

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Exclusive: Deal partner for Trump’s Truth Social fails to get backing for SPAC extension

The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 5 (Reuters) – The blank-check acquisition firm that agreed to merge with Donald Trump’s social media …

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Credit Suisse looking at cutting around 5,000 jobs -source

A logo is pictured on the Credit Suisse bank in Geneva, Switzerland, June 9, 2022. REUTERS/Denis BalibouseRegister now for FREE unlimited access to Reuters.comRegisterZURICH, Sept 2 (Reuters) – Credit Suisse (CSGN.S) is considering cutting around 5,000 jobs, about one position in 10, as part of a cost reduction drive at Switzerland’s second-biggest bank, a source …

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