Finance
Microsoft dives into Web3 with investment in Ethereum co-founder’s start-up ConsenSys
Joseph Lubin, co-founder of Ethereum. Adam Jeffery | CNBC Blockchain start-up ConsenSys has raised $450 million in a new round of funding that more than doubles its valuation to $7 billion. The cash injection was led by ParaFi Capital, ConsenSys said Tuesday, with Microsoft, Japan’s SoftBank and Singapore’s Temasek also joining as new investors in […]
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Stocks making the biggest moves in the premarket: Airlines, Coupa Software, GitLab and more
Take a look at some of the biggest movers in the premarket: Delta Air Lines (DAL), United Airlines (UAL), Southwest Airlines (LUV) – Delta rallied 3.7% in the premarket while United jumped 3.9% and Southwest added 2.9%. All three airlines raised their revenue outlooks, saying air travel is rebounding from the earlier slump induced by […]
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China’s Covid spike worsens: Dongguan factory center locks down, new cases top 3,500 nationwide
Aerial view of people queuing up for COVID-19 nucleic acid testing on February 26, 2022, in Dongguan, Guangdong province. Vcg | Visual China Group | Getty Images BEIJING — China’s worst Covid-19 outbreak since the initial wave of the pandemic worsened Tuesday with a major factory city ordering production halts. Recent outbreaks in 28 provinces […]
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