Tim Draper leads $3.5 million funding round for six-employee startup behind bitcoin lending
By Niket Nishant (Reuters) -Zest Protocol, a bitcoin lending startup with just six employees, has secured $3.5 million in a…
Category: General
J&J to exit spinoff Kenvue with latest stake sale
(Reuters) -Tylenol maker Kenvue said on Monday that Johnson & Johnson will sell its remaining 9.5% stake in the company,…
Strong Walmart earnings may already be priced in with shares near record
By Siddharth Cavale and Noel Randewich NEW YORK (Reuters) – Walmart’s earnings amid signs of weaker discretionary spending could add…
Apple’s Maryland store workers vote to authorize strike
(This May 11 story has been refiled to say IAM, instead of AIM, in paragraph 1) (Reuters) – Workers at…
Arm plans to launch AI chips in 2025, Nikkei reports
(Reuters) -SoftBank Group’s Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei…
French presidency: Amazon to announce new 1.2 billion euros investment in France
PARIS (Reuters) – U.S. internet giant Amazon will announce a new 1.2 billion euros ($1.3 billion) investment in France, the…
China’s ICBC to kick off TLAC bond sales with issuance of $4.15 billion
BEIJING (Reuters) – Industrial and Commercial Bank of China said it would issue 30 billion yuan ($4.15 billion) worth of…
South Korea prepares support package worth over $7 billion for chip industry
SEOUL (Reuters) – South Korea is readying plans for a support package for chip investments and research worth more than…
Israel in spotlight at Eurovision semi-final as pro-Palestinian protests LOOM
By Jacob Gronholt-Pedersen MALMO, Sweden (Reuters) –The second semi-final of this year’s Eurovision Song Contest will take place in Sweden…
US says Israel’s use of weapons may have violated international law
By Humeyra Pamuk and Simon Lewis WASHINGTON (Reuters) -The Biden administration on Friday said Israel’s use of U.S.-supplied weapons may…