Crypto scams likely set new record in 2024 helped by AI, Chainalysis says
By Lisa Pauline Mattackal (Reuters) – The rise of “pig butchering” scams and the increasing use of generative artificial intelligence…
Category: Business
Silver catches a lift from gold’s bull run to eye 10-year peak
By Brijesh Patel and Daksh Grover (Reuters) – Silver prices hit their highest since late October on Friday, latching on…
Banks sell down more X debt; just $1.3 billion now left on their books
By Shankar Ramakrishnan (Reuters) -Banks led by Morgan Stanley have sold to investors another chunky portion of loans that formed…
JPMorgan Chase begins planned layoffs for 2025, source says
By Niket Nishant and Manya Saini (Reuters) -JPMorgan Chase started informing some employees of job cuts last week, a source…
AI chip startup Positron raises $23.5 million seed round to take on Nvidia
By Anna Tong Positron, a startup chip maker that aims to compete with Nvidia, said Tuesday it raised $23.5 million…
Microsoft to adjust Office-Teams pricing in bid to avoid EU antitrust fine, sources say
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft has offered to widen the price differential between its Office product sold…
Gold bulls lock in on glittering milestone; $3,000/oz in sight
By Ashitha Shivaprasad and Daksh Grover (Reuters) – U.S. President Donald Trump’s latest tariff threats have ignited another gold rush,…
AmEx closed 30 accounts potentially tied to Iran’s government
(Reuters) -U.S. credit card giant American Express identified and closed 30 consumer accounts in 2024 that it said could have…
US refiner Delek could run more light sweet oil if tariffs bite, CEO says
By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) – U.S. refiner Delek has the option to run more light, sweet…
Tiktok’s Chinese owner appears to be slow-rolling negotiations for sale, Washington Post reports
(Reuters) – Short video app TikTok’s owner ByteDance seems to be slow-rolling negotiations for a sale while waiting for approval…