Business

China asks Alibaba to divest media assets: report

Beijing has asked Chinese e-commerce titan Alibaba to divest its assets in the media sector out of concern over the company's growing public influence, The Wall Street Journal reported Monday.

Business

Reddit says it has filed with SEC to go public

Social media platform Reddit said Wednesday it has confidentially submitted a draft registration with the US Securities and Exchange Commission to go public on Wall Street.

Business

Dogecoin: 'joke' virtual currency touted by Elon Musk

Dogecoin, a cryptocurrency originally created as a joke, has grabbed the headlines thanks to repeated interest from tech billionaire Elon Muskā€”and despite doubts in the financial community.

Business

Investors in OpenAI seek return of fired CEO, US media report

Major investors in OpenAI, the company behind hugely popular ChatGPT, are working to orchestrate the return as CEO of Sam Altman, a leader in the AI revolution who was fired in a shock move Friday, US media reported Sunday.

Business

GameStop: Two US senators call for Wall Street reform

Progressive US senators Bernie Sanders and Elizabeth Warren called on Sunday for action against what they said were the Wall Street abuses by hedge funds revealed by the recent frenzy over GameStop shares.

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