China’s Huawei has filed a lawsuit against Verizon, alleging that the U.S. telecom carrier has used its patents without authorization, Reuters reported. The lawsuit came after the two companies held six meetings since last February but failed to reach an agreement, according to Reuters. The intellectual property dispute with Verizon comes as Huawei, one of the world’s largest makers of telecom...
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Where Did All the Traders Go? Investment Funds Lean on Outsourcing to Cut Costs
More and more investment funds are outsourcing their trading, a move that cuts costs and aims to boost returns but also poses risks for the funds’ portfolios and underlying investors. Once a niche Wall Street business that catered to young hedge funds, outsourced trading has now attracted mutual funds, pension funds and other asset managers, including some of the biggest firms on Wall...
Ex-Coinbase Product Manager Pleads Guilty in Crypto Insider Trading Case
DCG Selling Grayscale Fund Shares at Steep Discount Amid Genesis Bankruptcy
SoftBank’s Vision Fund Posts Loss for Fourth Straight Qurter
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