Exclusive: Musk’s banks to book Twitter loan losses, avoid big hits

Exclusive: Musk’s banks to book Twitter loan losses, avoid big hits

NEW YORK, Dec 13 (Reuters) – Some of the banks that lent Elon Musk $13 billion to buy Twitter are preparing to book losses on the loans this quarter, but they are likely to do so in a way that it does not become a major drag on their earnings, according to three sources with … Read more

Microsoft to buy 4% stake in London Stock Exchange

Microsoft to buy 4% stake in London Stock Exchange

Dec 12 (Reuters) – Microsoft (MSFT.O) is to take a 4% equity stake in London Stock Exchange Group (LSEG.L) as part of a 10-year commercial deal to migrate the exchange operator’s data platform into the cloud, the British company said on Monday. It is the latest sign of deepening ties between financial services providers and … Read more

Bankman-Fried says he will testify before U.S. House committee

Bankman-Fried says he will testify before U.S. House committee

Dec 4 (Reuters) – FTX founder Sam Bankman-Fried tweeted on Sunday that he would testify before the House Financial Services Committee after he finished “learning and reviewing” the events that led to the spectacular collapse of his cryptocurrency exchange. The U.S. House Financial Services Committee plans to hold a hearing in December to investigate the … Read more

Crypto exchange Gemini trying to recover $900 million from crypto lender Genesis, Financial Times reports

Crypto exchange Gemini trying to recover $900 million from crypto lender Genesis, Financial Times reports

Dec 3 (Reuters) – Crypto broker Genesis and its parent company Digital Currency Group (DCG) owe customers of the Winklevoss twins’ crypto exchange Gemini $900 million, the Financial Times reported on Saturday. Crypto exchange Gemini is trying to recover the funds after Genesis was wrongfooted by last month’s failure of Sam Bankman-Fried’s FTX crypto group, … Read more

Blackstone’s $69 bln REIT curbs redemptions in blow to property empire

Blackstone’s $69 bln REIT curbs redemptions in blow to property empire

NEW YORK, Dec 1 (Reuters) – Blackstone Inc (BX.N) limited withdrawals from its $69 billion unlisted real estate income trust (REIT) on Thursday after a surge in redemption requests, an unprecedented blow to a franchise that helped it turn into an asset management behemoth. The curbs came because redemptions hit pre-set limits, rather than Blackstone … Read more

Pentakill – Predator (World Ender Remix) | Official Audio | Worlds 2022 – Legends of Runeterra – Legends of Runeterra

Pentakill – Predator (World Ender Remix) | Official Audio | Worlds 2022 – Legends of Runeterra – Legends of Runeterra

Pentakill – Predator (World Ender Remix) | Official Audio | Worlds 2022 – Legends of Runeterra  Legends of Runeterra

Crypto lender BlockFi files for bankruptcy, cites FTX exposure

Crypto lender BlockFi files for bankruptcy, cites FTX exposure

Filing follows weeks after FTX collapse FTX listed as BlockFi’s No.2 creditor Bitcoin down over 70% from 2021 peak Nov 28 (Reuters) – Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest crypto casualty after the firm was hurt by exposure to the spectacular collapse of the FTX … Read more

Starship Troopers: Extermination – Official Announcement Trailer – IGN

Starship Troopers: Extermination – Official Announcement Trailer – IGN

Starship Troopers: Extermination – Official Announcement Trailer  IGN A 12-player, co-op Starship Troopers game has been announced  Video Games Chronicle New Starship Troopers FPS coming from Squad maker Offworld Industries  Polygon Starship Troopers: Extermination – Official Gameplay Teaser  IGN Starship Troopers: Extermination pits 12 players against the arachnid horde  Gamesradar View Full coverage on Google News

India’s first private rocket company looks to slash satellite costs

India’s first private rocket company looks to slash satellite costs

BENGALURU, Nov 26 (Reuters) – The startup behind India’s first private space launch plans to put a satellite into orbit in 2023 and expects to be able to do so at half of the cost of established launch companies, the founders of Skyroot Aerospace told Reuters in an interview. The Hyderabad-based company, backed by Singapore’s … Read more