By Will Dunham WASHINGTON (Reuters) - Most galaxies are built around humongous black holes. While many of these are comparatively docile, like the one at our Milky Way's center, some are fierce - guzzling surrounding material and unleashing huge and…
By Medha Singh and Lisa Pauline Mattackal (Reuters) - As the crypto castle crumbles, some true believers say the answer is to double down on DEX. Decentralized exchanges, that is. The spectacular collapse of Sam Bankman-Fried's FTX, a major centralized…
(Reuters) -Cryptocurrency lender Genesis was seeking an emergency loan of $1 billion from investors before it suspended withdrawals on its website, the Wall Street Journal reported on Thursday, citing a confidential fundraising document. The document viewed by the Journal cites…
By Nick Carey and Paul Lienert (Reuters) - U.S. and European startups are racing to develop new batteries using two abundant, cheap materials — sodium and sulfur — that could reduce China's battery dominance, ease looming supply bottlenecks and lead…
By Akash Sriram (Reuters) - Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed. Quarterly…
By Angus Berwick and Tom Wilson (Reuters) - On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off-guard with a somber message. "I’m sorry,” he told them. “I fucked up.” The reason for the mea culpa:…
(Reuters) - Netflix Inc is exploring investments in live sports broadcasting and has recently bid for the streaming rights for sports leagues, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The company recently bid for…
(Reuters) -Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the long-awaited pickup truck Chief Executive Elon Musk unveiled in 2019, two people with knowledge of the plans…
(Reuters) - Pandemic-related disruptions to global supply chains and the knock-on effects of Russia's war in Ukraine have driven up prices of energy, commodities and basic necessities. Below is a list of actions taken by governments to try to help…
By Michel Rose PARIS (Reuters) -Elon Musk has assured the European Commission that Twitter will abide by tough European rules on illegal online content policing now that the social network has passed under his ownership, European Union sources said on…