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

Exclusive: Binance Moved $346M For Seized Crypto Exchange Bitzlato, Data Show

Exclusive: Binance Moved 6M For Seized Crypto Exchange Bitzlato, Data Show

LONDON, Jan. 24 (Reuters) – Crypto giant Binance processed nearly $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by US authorities last week for allegedly running a “money laundering machine”, according to blockchain data seen by Reuters. The Justice Department said on Jan. 18 that it charged Bitzlato’s co-founder … Read more

Cryptoverse: Bitcoin investors are taking control

Cryptoverse: Bitcoin investors are taking control

24 January (Reuters) – Paranoid? The domino demise of FTX and other crypto custodians is enough to make the most trusting investor grab their bitcoin and shove it under the mattress. Holders large and small are indeed taking “self-custody” of their funds, moving them from crypto exchanges and trading platforms to personal digital wallets. As … Read more

Lab-grown meats are moving closer to American dinner plates

Lab-grown meats are moving closer to American dinner plates

WASHINGTON, Jan. 23 (Reuters) – Once the stuff of science fiction, lab-grown meat could become a reality in some restaurants across the United States as early as this year. Executives at cultured meat companies are optimistic that meat grown in huge steel drums could be on the menu within months after a company gets the … Read more

New suppliers are racing to plug into the electric car market

New suppliers are racing to plug into the electric car market

WOKING, England, Jan. 23 (Reuters) – The global auto industry has committed $1.2 trillion to the development of electric vehicles (EVs), presenting a golden opportunity for new suppliers to win contracts supplying everything from battery packs to motors and inverters. Startups specializing in batteries and coatings to protect EV parts, and suppliers traditionally focused on … 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