
Articles
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1 month ago |
theinformation.com | Meredith Mazzilli
Source: The InformationU.S. bank regulators on Friday approved Capital One’s proposed $35 billion acquisition of Discover, clearing the way for the banks to complete the deal in May. The green light is a positive sign for executives and dealmakers hoping for a more favorable environment for bank mergers under the Trump administration. The Justice Department earlier this month told regulators that it didn’t have enough concerns to challenge the proposed deal, according to media reports.
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1 month ago |
theinformation.com | Meredith Mazzilli
Source: The InformationDownloads of Chinese shopping apps DHgate and Taobao have surged over the past week, after viral TikTok videos claimed that the apps could help U.S. shoppers buy cheap versions of popular luxury brands directly from manufacturers in China. DHgate, a wholesale marketplace app, ranked as the top free shopping app on Apple’s iPhone app store on Sunday, according to Apple’s rankings, while Alibaba Group’s Taobao was the sixth most-popular free shopping app.
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2 months ago |
theinformation.com | Meredith Mazzilli
Source: Bloomberg Coinbase is in advanced talks to acquire Deribit, the world’s largest crypto options exchange, Bloomberg reported on Friday, a deal that would significantly expand Coinbase’s derivatives business outside of the U.S.Coinbase, the biggest U.S. crypto exchange, launched an international derivatives exchange in 2023, but it is still best known for spot crypto trading as opposed to derivatives trading.
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Dec 29, 2024 |
theinformation.com | Meredith Mazzilli
Source: New York PostPresident-elect Donald Trump weighed in on a debate that has pitted his Silicon Valley supporters against his immigration hardliner allies, telling the New York Post that he supports the H-1B visa program for skilled workers. “I’ve always liked the visas, I have always been in favor of the visas,” Trump said in an interview on Saturday.
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Sep 22, 2024 |
theinformation.com | Meredith Mazzilli
Source: ReutersThe U.S. Commerce Department is set to propose rules as soon as Monday banning the use of Chinese software and hardware in autonomous and connected vehicles, Reuters reported on Saturday.
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