China doubles down on promoting yuan as confidence in U.S. dollar takes a beating
Renminbi notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, Jan. 26, 2023.Athit Perawongmetha | ReutersChina is ...
Tag: Takes
Elon Musk’s loyal and trusted Tesla ‘fixer’ takes the fall for dismal EV sales
When Elon Musk first launched a bid to acquire Twitter three years ago, a move many of his supporters would ...
Trump’s Truth Social takes step toward launching bitcoin ETF with NYSE Arca filing
Anna Barclay | Getty ImagesPresident Donald Trump's Truth Social platform moved a step closer to having a bitcoin exchange-traded fund ...
Klarna takes on banks with debit card as it diversifies beyond buy now, pay later
Klarna is synonymous with the "buy now, pay later" trend of making a purchase and deferring payment until the end ...
Robinhood’s $200 million Bitstamp deal takes it beyond retail trading
Robinhood has officially closed its $200 million acquisition of Bitstamp, bringing one of the world's longest-running cryptocurrency exchanges into its ...
Xiaomi takes aim at Tesla’s bestselling car in China with its longer-range YU7
Xiaomi revealed its first electric SUV, the YU7, in Beijing on May 22, 2025, and said its full launch would ...
Block shares plunge 18% as company takes ‘cautious stance,’ issues weak guidance for year
Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook. The stock tumbled 15% ...
Adobe takes stake in Synthesia, startup behind AI clones for corporate videos
An Adobe sign hangs along Main Street during the 2025 Sundance Film Festival on Jan. 27, 2025 in Park City, ...
Hertz shares surge more than 50% after Bill Ackman takes big stake in rental car firm
Bill Ackman's Pershing Square took a sizable stake in Hertz, the rental car company that exited from bankruptcy four years ago, ...
French fintech Pennylane doubles valuation to $2.2 billion as Alphabet’s venture capital arm takes stake
Seksan Mongkhonkhamsao | Moment | Getty ImagesFrench accounting software firm Pennylane has doubled its valuation to 2 billion euros ($2.16 ...
