Day: July 18, 2025
Blackstone drops out of consortium bid for TikTok U.S.: Reuters
In this photo illustration, the logo of TikTok is displayed on a smartphone screen on April 5, 2025 in Shanghai, China. Vcg | Visual China Group | Getty Images Private equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok’s U.S. operations, a source familiar with the matter told Reuters on Friday. The latest […]
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Justice Department asks court to unseal Epstein, Maxwell grand jury transcripts
U.S. Attorney General Pam Bondi speaks to the media, after the U.S. Supreme Court dealt a blow to the power of federal judges by restricting their ability to grant broad legal relief in cases as the justices acted in a legal fight over President Donald Trump’s bid to limit birthright citizenship, in the Press Briefing […]
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Peter Thiel-backed cryptocurrency exchange Bullish files to go public on NYSE
Peter Thiel, co-founder of PayPal, Palantir Technologies, and Founders Fund, holds hundred dollar bills as he speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images The Peter Thiel-backed cryptocurrency exchange Bullish filed for an IPO on Friday, the latest digital asset […]
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Men Trump administration had sent to El Salvador’s CECOT prison exchanged in prisoner swap
Ten Americans freed from Venezuelan prision. Courtesy: U.S. Embassy The Venezuelan immigrants whom the Trump administration had sent to a notorious mega prison in El Salvador have been flown from there to Venezuela, according to El Salvador President Nayib Bukele. The move, Bukele said in a post on X, was part of a prisoner swap in which the […]
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Microsoft stops relying on Chinese engineers for Pentagon cloud support
Microsoft Chairman and Chief Executive Officer Satya Nadella (L) returns to the stage after a pre-recorded interview during the Microsoft Build conference opening keynote in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images Microsoft on Friday revised its practices to ensure that engineers in China no longer provide technical support […]
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Block shares soar 10% on entry into S&P 500
Key Points Block is joining the S&P 500, replacing Hess as of July 23. Hess is exiting the index upon its acquisition by Chevron. Source
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Trump sues Murdoch, Dow Jones over Wall Street Journal story on Epstein birthday letter
U.S. President Donald Trump leaves after signing the “GENIUS Act” into law during a ceremony in the East Room of the White House July 18, 2025 in Washington, DC. Anna Moneymaker | Getty Images President Donald Trump on Friday followed through on his threat to sue media mogul Rupert Murdoch after his Wall Street Journal […]
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The investor behind Opendoor’s 190% run nearly shut down his fund
On June 6, online real estate service Opendoor was so desperate to get its beaten-down stock price back over $1 and stay listed on the Nasdaq that management proposed a reverse split, potentially lifting the price of each share by as much as 50 times. The stock inched its way up over the next five […]
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Astronomer board investigating CEO Andy Byron after viral Coldplay kiss cam video
PERTH, AUSTRALIA – NOVEMBER 18: Chris Martin of Coldplay performs on stage at Optus Stadium on November 18, 2023 in Perth, Australia. (Photo by Paul Kane/Getty Images) Paul Kane | Getty Images Entertainment | Getty Images Astronomer, a provider of open-source technologies that was hardly known until this week, said on Friday that it’s launched […]
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International inbound travel to U.S. shows mixed recovery
A passenger passes a giant American flag as they make their way to and from their gates during the Memorial Day weekend getaway at John Wayne Airport Orange County in John Wayne Airport, Santa Ana, CA on Thursday, May 26, 2022. Allen J. Schaben | Los Angeles Times | Getty Images Canadian travel dropped sharply […]
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