Galaxy Digital, the crypto financial services company founded by former hedge fund manager Mike Novogratz, posted a steep first quarter loss as the value of digital assets saw significant volatility during the first three months of the year. Shares of Galaxy Digital plunged more than 26% amid a broader tech stock and crypto selloff on Monday. Novogratz fears the downturn in crypto markets may...
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How Instagram’s TikTok Envy Finally Backfired
Last month, Kim Kardashian, Kylie Jenner and other influencers stirred up a public relations firestorm for Instagram, complaining to their hundreds of millions of followers about the app's recent attempts to mimic TikTok. Those efforts were just part of a broader internal effort to take on the Chinese short-form video app, though. The Information has learned that recent tests of changes to...
China’s Economy Slows Amid Soaring Youth Unemployment
China’s Tech Giants Alibaba and ByteDance Share Algorithms With Government
Peloton Announces Job Cuts, Store Closures and Price Hikes
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