Billion

LONDON / GUANGZHOU, China - Bitcoin and other digital currencies fell on Friday as a capital gains tax hike proposed by US President Joe Biden sparked a sell-off.Bitcoin fell 7.3% to $ 49,730, according to Coin Metrics data. It's the first…

President Joe Biden responds to a question after commenting on the COVID-19 response and vaccination status in the South Court Auditorium in the White House complex in Washington, DC on March 29, 2021.Drew Angerer | Getty ImagesThe Biden…

Elon Musk's private space company is developing a giant rocket called the Starship to one day take people to Mars.But first it will drop NASA astronauts on the moon.NASA announced on Friday that it has placed a $ 2.9 billion contract with…

Lawyers and securities experts said a multi-billion dollar family office like Archegos could avoid giving 13F disclosures, but it would require threading a needle: the company could only have managed money for Mr. Hwang and his spouse - not…

Microsoft announced Monday that it would buy voice recognition company Nuance Communications for $ 56 per share, up about 23% from Friday's closing price. The deal is valued at around $ 16 billion.This is the latest sign that Microsoft is…

The front of Alibaba's Wangjing office in Beijing on December 24, 2020.Costfoto | Barcroft Media | Getty ImagesChinese regulators fined Alibaba 18.23 billion yuan ($ 2.8 billion) in the tech giant's antimonopoly investigation, claiming it…

After a boom year for the tech industry, investors poured money into grocery shipping companies, online brokers and Elon Musk's SpaceX in early 2021, creating a record quarter for US venture finance.Venture-backed firms raised $ 64 billion…

Chewy's co-founder becomes GameStops chairman. Ryan Cohen's investment in GameStop last year was one of the factors that made it the "meme stick" of choice. Mr. Cohen and several others with ties to the online pet dealer are expected to be…

Until recently, Bill Hwang sat on one of the greatest - and perhaps least known - fortunes on Wall Street. Then his luck ran out.Mr. Hwang, a 57-year-old veteran investor, managed $ 10 billion through his private investment firm Archegos…

WASHINGTON - Kimberly Vasquez, a high school graduate in Baltimore, had a grave problem early on in the pandemic. She didn't have fast internet service in her home, but all of her classes were online.Marigold Lewi, a sophomore at the same…