Facebook the company is losing control of Facebook the product — not to mention the last shreds of its carefully crafted, decade-old image as a benevolent company just wanting to connect the world. Thousands of pages of internal documents provided to Congress by a former ...Read More

Cryptocurrencies are digital currencies that run on decentralized computer networks called blockchains. Some of the most important and widely accepted cryptocurrencies are Bitcoin, Ethereum, Tether, Cardano, Binance Coin and USD Coin. Cryptocurrencies continue to grow, with new currencies cropping up all the time, and ...Read More

Investor groups have asked the U.S. Securities and Exchange Commission for more corporate disclosures on climate change and other environmental, social and governance (ESG) issues while business interests have pushed back, a Reuters review of correspondence published by the regulator shows. The deadline for ...Read More

Credit Suisse Group AG has cut bonuses for its staff by hundreds of millions of dollars after it lost $4.7 billion from the collapse of hedge fund Archegos Capital, the Financial Times reported on Monday. The Swiss bank’s pre-tax income for the first quarter ...Read More

The U.S. brokerage subsidiary of Credit Suisse Group AG has disclosed that former employees’ personal data was leaked last month and that it had filed a lawsuit over the matter, in the latest snafu for the Swiss banking giant. Credit Suisse Securities has sued ...Read More

A top regulator with the Securities and Exchange Commission warned about the jump in fundraising by blank-check companies known as SPACs as there are “some significant and yet undiscovered issues,” according to a report by The Wall Street Journal. The issues with SPACs are ...Read More

Pete Davidson, Chris Redd and musical guest Jack Harlow delivered an Eminem-inspired rap about non-fungible tokens, or NFTs, on the latest episode of Saturday Night Live. Riffing on Eminem’s “Without Me” video — right down to the Robin costume — Davidson first questions U.S. Treasury Secretary Janet Yellin (Kate McKinnon) about the ...Read More