The stratospheric price of bitcoin is one of the clearest indicators that the current political system in the US is unsustainable, venture capitalist Peter Thiel told a gathering of the Federalist Society on Monday night. “I don’t know that you should put all your money into bitcoin at $60,000 a bitcoin right now,” Thiel said. “But surely the fact that it is at $60,000 is an extremely hopeful...
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The Briefing Enterprise Markets
Twitter’s New CEO Gets Thumbs-Down From Wall Street
It seems Jack Dorsey’s abrupt departure as CEO of Twitter was welcome news to the company’s long-suffering shareholders—until it wasn’t. A 10% uplift in Twitter shares that was triggered by the initial headline evaporated shortly after Twitter identified his successor as Chief Technology Officer Parag Agrawal. Talk about going from the devil you know to the one you don’t! Twitter shares ended...
China’s Government Proposes Rules to Protect Ride-Hailing Drivers’ Rights
Hashicorp Sets Pricing Range Valuing it at $13.5 Billion
Clearlake Capital Group Acquiring Quest Software for $5.4 Billion
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