Binance.US, the American affiliate of global crypto exchange Binance, raised a $200 million equity seed round that values the exchange at $4.5 billion. Investors in the round included RRE Ventures, Foundation Capital, Original Capital, VanEck and Circle Ventures. The funding, which the company said will go toward enhancing its spot trading platform and developing new products and initiatives,...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Briefing markets facebook
Meta Declares ‘Year of Efficiency’ as Revenue Stagnates
We’re in the middle of Chinese New Year celebrations at the start of the Year of the Rabbit. At Meta Platforms, though, it’s the “year of efficiency,” as CEO Mark Zuckerberg declared Wednesday on announcing fourth-quarter results. Investors such as Altimeter Capital, which last fall called on Meta to streamline, will be happy. It’s just a pity that Meta, like much of big tech, appears to have...
Meta Platforms’ Revenue and Profit Fall in Q4
Checkout.com Shuffles Executives to Double Down on U.S. Expansion
Judge Tells Sam Bankman-Fried to Stop Texting Former FTX Colleagues
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Netflix Tells Advertisers Sign-Ups to Ad Tier Doubled in January