Musk’s late nights on Twitter raise concern for Tesla investors

SAN FRANCISCO, Nov 15 (Reuters) – In 2018, Elon Musk worked late nights and slept at Tesla Inc’s (TSLA.O) plants in California and Nevada as the company struggled to ramp up Model 3 production. On Monday, Musk said he had been working all night at Twitter’s San Francisco headquarters and would continue to “work and … Read more

Factbox: From Binance to Voyager, Crypto Firms Exposure to FTX is Coming to Light

LONDON, Nov 14 (Reuters) – After major cryptocurrency exchange FTX filed for US bankruptcy protection on Friday, the cryptocurrency industry is bracing for further fallout. Some FTX investors have said they are reducing their investment to zero. Other cryptocurrency companies may be exposed to FTX by having held tokens on the stock exchange or by … Read more

Regulators surround FTX as rival exchanges try to calm investors

The US Department of Justice, the SEC and the CFTC are investigating FTX, the sources say Fed Brainard: Cryptocurrencies should be subject to traditional financial rules CEO says he will post proof of reservations Bitcoin is trading around $ 16,590 NEW YORK, Nov 14 (Reuters) – Bitcoin and other cryptocurrencies came under pressure on … Read more

Cryptocurrency markets in turmoil over FTX failure

Nov 11 (Reuters) – Cryptocurrency exchange FTX filed for bankruptcy in the United States on Friday and Sam Bankman-Fried stepped down as CEO after a liquidity crisis that required intervention from regulators around the world. FTX, its Alameda Research affiliated cryptocurrency trading fund, and about 130 other companies have initiated voluntary Chapter 11 bankruptcy proceedings … Read more

Exclusive: Russian software disguised as an American makes its way into the US Army’s CDC apps

LONDON / WASHINGTON, Nov 14 (Reuters) – Thousands of smartphone apps in Apple (AAPL.O) and Google (GOOGL.O) online stores contain computer code developed by a tech company, Pushwoosh, which presents itself as headquartered in the United States, but is actually Russian, Reuters found. The Centers for Disease Control and Prevention (CDC), the leading US agency … Read more

Roche’s Alzheimer’s drug fails to achieve its goal in the long-awaited process

Evidence shows small benefits, but with no statistical validity Roche’s setback leaves Biogen, Eisai leader in the field Onus on Roche CEO appointed to revive development fortunes Roche shares down 3.4%, development partner Morphosys down 29% Nov 14 (Reuters) – Roche’s Alzheimer’s drug candidate (ROG.S) has not been shown to slow the progression of dementia … Read more

Exclusive: Tesla considered exporting electric vehicles from Shanghai to the United States, Canada

SHANGHAI, Nov 12 (Reuters) – Tesla has considered plans to export Chinese-made electric vehicles to the United States and Canada, two people familiar with the planning told Reuters, a step that would link its most large factory to North America, its largest market. Tesla is considering whether the Model 3 and Model Y electric vehicles … Read more

EXCLUSIVE At least $ 1 billion in missing customer funds at bankrupt crypto firm FTX – sources

FTX founder Bankman-Fried secretly transferred $ 10 billion in funds to trading company Alameda – sources Bankman-Fried showed spreadsheets to colleagues who disclosed the transfer of funds to Alameda – sources Spreadsheets shown between $ 1 billion and $ 2 billion of customer money are not accounted for – sources Executives set up a “back … Read more

Wall St Week Ahead The surge in US tech stocks leaves some investors doubtful that the rebound will last

NEW YORK, Nov 11 (Reuters) – Hopes that inflation is subsiding are fueling a surge in abused technology and megacaps, although some investors believe that still high valuations and doubts about companies’ earnings prospects may make a prolonged inversion is elusive. The tech-rich Nasdaq Composite Index (.IXIC) was up 8.1% this week, marking its largest … Read more

Analysis: FTX debacle makes investors rethink the battered cryptocurrency market

NEW YORK / LONDON, Nov 10 (Reuters) – With major cryptocurrency exchange FTX on the brink of collapse, some investors are beginning to question the viability of an industry already hit by the bitcoin bubble burst and the closure of key players. of the market. The cryptocurrency markets have come under severe pressure this year … Read more