Fisker’s shares closed down 5% after a short-seller claimed its $824 million cash hoard was “tied up” by legal agreements. Fisker denied the allegations.
CNN laid off hundreds of employees across the company Thursday, the culmination of a six-month business review from new CEO Chris Licht.
CrowdStrike shares fell Wednesday, a day after the cybersecurity company reported third-quarter results that said new revenue growth was weaker than expected.
Sen. Sherrod Brown, chair of the Senate Banking, Housing and Urban Affairs Committee, urged Treasury Secretary Janet Yellen’s help after the FTX collapse.
Iranian state media is calling for the U.S. World Cup soccer team to be thrown out of the 2022 tournament in Qatar.
Demand for U.K. homes has nearly halved, but property firm Zoopla says it sees a “shake out” rather than a “crash” in property markets.
Microsoft is used to being the biggest contender in markets with Windows and Office. With Surface, it has remained devoted to a line that is far from dominant.
Binance said it may increase that amount to $2 billion at a point in time in the future “if the need arises.”
Barry Silbert, the founder of crypto conglomerate DCG, said his company is on pace to generate $800 million in revenue this year as he tries to calm investors.