Microsoft and data management startup Rubrik announced a “strategic agreement” aimed at combating ransomware attacks, in which hackers gain access to an organization’s data, lock it up with encryption, and demand payment in exchange for decrypting it. As part of the agreement, Microsoft is making an equity investment in Rubrik that according to Bloomberg is in the low tens of millions and...
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The Briefing Crypto Electric Vehicles
Who Else Will FTX Founder Rescue?
Has there ever been a more aptly named entrepreneur than Sam Bankman-Fried? Not only is his FTX turning out to be a lender of last resort for crypto lenders such as BlockFi and Voyager Digital, both of which are caught up in a chain reaction of missed margin calls triggered by the crypto slide, but it could also emerge as a savior for Robinhood. That at least is according to this Bloomberg...
FTX Exploring Acquisition of Robinhood
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