Rupert Murdoch drops proposal to combine Fox, News Corp and Move sales

Rupert Murdoch drops proposal to combine Fox, News Corp and Move sales

24 Jan. (Reuters) – Rupert Murdoch on Tuesday withdrew a proposal to reunite News Corp (NWSA.O) and Fox Corp as the company also explores a sale of Move Inc, which operates the website Realtor.com, to CoStar Group, according to reports a legal request and resources familiar with the process. Three sources familiar with the matter … Read more

Genesis crypto lending unit files for US bankruptcy

Genesis crypto lending unit files for US bankruptcy

20 Jan. (Reuters) – The lending unit of crypto firm Genesis filed for bankruptcy protection from the US on Thursday, owing at least $3.4 billion to creditors after being toppled by a market rout along with exchange FTX and lender BlockFi. Genesis Global Capital, a leading crypto lender, froze customer repayments on November 16 after … Read more