NewsOctober 23, 20265 min read
A growing number of companies are pushing back against tokenized trading of their shares. Microsoft and Alphabet are the latest to complain about the practice, joining 14 other public companies…
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NewsOctober 23, 20265 min read
Mark Zuckerberg’s Meta Platforms topped Wall Street revenue targets in the third quarter and forecast continued top-line growth, even as billions in legal payments for teen mental health litigation cut…
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NewsOctober 23, 20264 min read
At a time when every company is warning employees not to blindly trust in anything—even corporate emails, lest they be from fraudsters trying to manipulate and socially engineer—trust has become…
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NewsOctober 23, 20266 min read
Supporters of California’s proposed billionaire tax say it could raise $100 billion, with 90% of the proceeds earmarked for health care. A pair of Stanford economists warn it could instead…
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NewsOctober 23, 20267 min read
Meta CEO Mark Zuckerberg intends to maintain control over the company he founded in 2004, and a new class of stock will help him do just that. Recommended Video On…
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NewsOctober 23, 20265 min read
Jeff Bezos may have a beach house to go with his $237 million Miami compound. Recommended Video In September, a Delaware LLC paid $69.5 million for a 17,500-square-foot oceanfront estate…
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NewsOctober 23, 20264 min read
Good morning. Lean and mean today, like Mr. Milchick’s face when the innies displease him. Today’s tech news follows. Have a productive day. —Andrew Nusca Thoughts? Suggestions? Hot tip? Drop me…
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NewsOctober 23, 20263 min read
Taiwan’s Fair Trade Commission (FTC) on Wednesday blocked Grab Holdings’ $600 million purchase of Delivery Hero’s Foodpanda business in Taiwan, pointing to the Singapore-based super app’s equity and board ties…
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NewsOctober 23, 20263 min read
Elon Musk’s SpaceX said Tuesday that third-quarter revenue rose 161% to $14.6 billion year over year, cruising past the $12.86 billion analysts expected, according to Visible Alpha consensus from S&P…
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NewsOctober 23, 20264 min read
The mood in the markets turned sharply negative today as traders sold off stock around the world. S&P 500 futures were down more than 1% before the New York open.…
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