Business

Regulators frown as crypto players move into banking

With offers of loans and interest-earning accounts, more new cryptocurrency firms are straying into the world of traditional banks, to the consternation of US financial regulators.

Business

Winner of $1.3 billion in broadband funds faces big hurdles

The big winner in a 2020 federal auction to build more broadband in rural America was a relatively small company started by a Minnesota entrepreneur. Since then, not much has gone right for the firm or the people waiting ...

Business

US Supreme Court to hear major social media case

The US Supreme Court on Friday said it would consider the constitutionality of two state laws that restrict social media platforms from taking action against political misinformation, just as the 2024 US election looms.

Business

Twitter fate in doubt as employees defy Musk ultimatum

The future of Twitter seemed to hang in the balance Friday after its offices were locked down and key employees announced their departures in defiance of an ultimatum from new owner Elon Musk.

Electronics & Semiconductors

Intel says it will buy Tower Semiconductor for $5.4 billion

Intel said it is buying Israeli company Tower Semiconductor for $5.4 billion in a deal that could give the California chipmaking giant an edge in the business of making custom-designed chips.

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