Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Shares of Digital World Acquisition Corp. soared 35% on Monday after an appeals court substantially reduced the bond former President Donald Trump has to post in a civil fraud case, and the company announced it will start trading as DJT on Tuesday. The appeals court reduced … Read more
RIO DE JANEIRO — Heavy rains in Brazil this weekend have killed at least 23 people between the southeastern states of Rio de Janeiro and Espirito Santo. Espirito Santos’ state government said on Sunday that 15 people died and almost 5,000 are out of their homes due to heavy rains falling since Friday night. Rio … Read more
The Toronto Stock Exchange’s parent company has already completed a major deal this year: its acquisition of ETF education company VettaFi. According to TMX Group CEO John McKenzie, the deal helps expand its exchange-traded fund business globally. “The exchange-traded fund is essentially one of the most important innovations in investing in the marketplace history — … Read more
Bitcoin continued its surge on Wednesday, shooting above $60,000 for the first time since November 2021. The price of the flagship cryptocurrency was last higher by 6% at $60,391.10, according to Coin Metrics. Earlier, it rose as high as $60,734.42. It’s sitting just below its all-time high of $68,982.20. Stock Chart IconStock chart icon Bitcoin, … Read more
Intuitive Machines’ Nova-C lunar lander on display at NASA’s Marshall Space Flight Center. NASA Shares of Intuitive Machines jumped 16% in trading Friday after the company’s successful first moon landing. Intuitive Machines’ Nova-C cargo moon lander known as “Odysseus” on Thursday became the first privately developed spacecraft to land on the lunar surface — as well as the first … Read more
Customers use automated teller machines (ATM) at an HSBC Holdings Plc bank branch at night in Hong Kong, China, on Saturday, Feb 16, 2019. Anthony Kwan | Bloomberg | Getty Images HSBC reported on Wednesday its full year 2023 pre-tax profit climbed about 78% to $30.3 billion from a year ago, missing median estimates of … Read more
LONDON – Nov. 5, 2020: Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square. Dan Kitwood | Getty Images News | Getty Images LONDON — Barclays on Tuesday reported a fourth-quarter net loss of … Read more
An array of bitcoin mining units inside a container at a CleanSpark facility in College Park, Georgia, on April 22, 2022. Elijah Nouvelage | Bloomberg | Getty Images Bitcoin miner CleanSpark climbed on Tuesday after the company said it will acquire new mining facilities that will give it the power and infrastructure to potentially double … Read more
Facebook CEO Mark Zuckerberg is seen after fencing in the “Metaverse” with an Olympic gold medal fencer during a live-streamed virtual and augmented reality conference to announce the rebrand of Facebook as Meta, in this screen grab taken from a video released Oct. 28, 2021. Facebook | via Reuters Meta CEO and co-founder Mark Zuckerberg … Read more
Hey, folks, and welcome to Week in Review (WiR), TechCrunch’s regular newsletter recapping the week that was in tech. Typically, the stretch between Christmas and New Year’s tends to be on the sleepier side — but that wasn’t the case in 2023. Fortunately, the TC crew was around to document all that happened. This edition … Read more