Exclusive: Goldman Sachs on hunt for bargain crypto firms after FTX fiasco

Exclusive: Goldman Sachs on hunt for bargain crypto firms after FTX fiasco

LONDON, Dec 6 (Reuters) – Goldman Sachs (GS.N) plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit valuations and dampened investor interest. FTX’s implosion has heightened the need for more trustworthy, regulated cryptocurrency players, and big banks see an opportunity to … Read more

Exclusive: Musk’s Neuralink faces federal probe, employee backlash over animal tests

Exclusive: Musk’s Neuralink faces federal probe, employee backlash over animal tests

Dec 5 (Reuters) – Elon Musk’s Neuralink, a medical device company, is under federal investigation for potential animal-welfare violations amid internal staff complaints that its animal testing is being rushed, causing needless suffering and deaths, according to documents reviewed by Reuters and sources familiar with the investigation and company operations. Neuralink Corp is developing a … Read more

Exclusive: China may announce 10 new COVID easing steps on Wednesday

Exclusive: China may announce 10 new COVID easing steps on Wednesday

HONG KONG, Dec 5 (Reuters) – China may announce 10 new COVID-19 easing measures as early as Wednesday, two sources with knowledge of the matter told Reuters, supplementing 20 unveiled in November that set off a wave of COVID easing steps nationwide. Three years of zero-tolerance measures, from shuttered borders to frequent lockdowns, have battered … Read more

Exclusive: Twitter exec says moving fast on moderation, as harmful content surges

Exclusive: Twitter exec says moving fast on moderation, as harmful content surges

Dec 2 (Reuters) – Elon Musk’s Twitter is leaning heavily on automation to moderate content, doing away with certain manual reviews and favoring restrictions on distribution rather than removing certain speech outright, its new head of trust and safety told Reuters. Twitter is also more aggressively restricting abuse-prone hashtags and search results in areas including … Read more

Exclusive: South Korea’s Yoon warns of unprecedented response to North Korea nuclear test, calls on China to do more

Exclusive: South Korea’s Yoon warns of unprecedented response to North Korea nuclear test, calls on China to do more

SEOUL, Nov 29 (Reuters) – South Korean President Yoon Suk-yeol warned of an unprecedented joint response with allies if North Korea goes ahead with a nuclear test, and urged China to help dissuade the North from pursuing banned development of nuclear weapons and missiles. In a wide-ranging interview with Reuters on Monday, Yoon called on … Read more

Exclusive: U.S., Russia have used their military hotline once so far during Ukraine war

Exclusive: U.S., Russia have used their military hotline once so far during Ukraine war

WASHINGTON, Nov 28 (Reuters) – A communications line created between the militaries of the United States and Russia at the start of Moscow’s war against Ukraine has been used only once so far, a U.S. official told Reuters. The official, who spoke on condition of anonymity, said that the United States initiated a call through … Read more

Exclusive: Tesla readies revamped Model 3 with project ‘Highland’ -sources

Exclusive: Tesla readies revamped Model 3 with project ‘Highland’ -sources

Nov 28 (Reuters) – Tesla (TSLA.O) is developing a revamped version of Model 3, according to four people with knowledge of the effort, as the top EV maker aims to cut production costs and boost the appeal of the five-year-old electric sedan. One focus of the redesign codenamed “Highland” is to reduce the number of … Read more

Exclusive: U.S. weighs sending 100-mile strike weapon to Ukraine

Exclusive: U.S. weighs sending 100-mile strike weapon to Ukraine

WASHINGTON, Nov 28 (Reuters) – The Pentagon is considering a Boeing proposal to supply Ukraine with cheap, small precision bombs fitted onto abundantly available rockets, allowing Kyiv to strike far behind Russian lines as the West struggles to meet demand for more arms. U.S. and allied military inventories are shrinking, and Ukraine faces an increasing … Read more

Exclusive: Russians, Ukrainians met in UAE to discuss prisoner swap, ammonia, sources say

Exclusive: Russians, Ukrainians met in UAE to discuss prisoner swap, ammonia, sources say

RIYADH, Nov 24 (Reuters) – Representatives from Russia and Ukraine met in the United Arab Emirates last week to discuss the possibility of a prisoner-of-war swap that would be linked to a resumption of Russian ammonia exports, which go to Asia and Africa, via a Ukrainian pipeline, three sources with knowledge of the meeting said. … Read more

Exclusive: Bankman-Fried’s FTX, parents bought Bahamas property worth $121 million

Exclusive: Bankman-Fried’s FTX, parents bought Bahamas property worth 1 million

FTX unit bought 7 condos in high-end resort for “key personnel” Bankman-Fried’s parents named owners of $16.4 mln vacation home Bankman and Fried tell Reuters: Seeking to return deed to FTX NEW PROVIDENCE, Bahamas, Nov 22 (Reuters) – Sam Bankman-Fried’s FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 … Read more