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Bitcoin Slumps 10% As Pullback From Record High Gathers Pace
The pullback comes amid growing concerns that bitcoin is one of a number of financial market price bubbles.
IBM Misses Quarterly Sales Estimates, Shares Fall
The 109-year old firm is preparing to split itself into two public companies, with the namesake firm enhancing its focus on the so-called hybrid cloud, where it sees a $1 trillion market opportunity.
Intel Forecasts First-Quarter Revenue, Profit Above Estimate As PC Chip Sales See Some Recovery
Intel, for decades the biggest maker of computing chips for data centers and PCs, is grappling with technology delays in its manufacturing operations and said in July it was debating whether to outsource more of its 2023 product lineup.
Ant’s Malaysian E-Wallet Venture With CIMB in Talks To Raise $150 Million: Sources
Two sources said the fundraising is expected to give TNG Digital a valuation of more than $700 million and it could end up raising about $250 million in total this year.
The world's largest asset manager said it could use bitcoin derivatives for its funds BlackRock Strategic Income Opportunities and BlackRock Global Allocation Fund Inc.
Tesla Fourth-Quarter Registrations in California Jump 63%: Data
The report released on Wednesday showed registrations in California, a bellwether for the electric carmaker and its largest U.S. market, recovered from a third-quarter low of about 16,200 vehicles to around 22,117 vehicles in the three months ended December.
Amazon Offers To Help US With Vaccine Efforts in Letter to President Biden
The world's largest online retailer has an agreement with a healthcare provider to administer vaccines at its facilities and will move forward once doses are available, Dave Clark, chief executive of Amazon's worldwide consumer business, said in the letter.