Bloomberg News

OpenAI Unveils More Advanced Reasoning Model in Race With Google The new AI system, called o3, is expected to launch early next year.

OpenAI Unveils More Advanced Reasoning Model in Race With Google www.bloomberg.com/news/article...

Bitcoin Slumps as Trump Euphoria Gives Way to Wariness on Fed Bitcoin extended its slide from this week’s record high to almost 15% as hawkish signals from the Federal Reserve prompted traders to sell an asset that has more than doubled this year.

Bitcoin Slumps as Trump Euphoria Gives Way to Wariness on Fed www.bloomberg.com/news/article...

US Funding Plan Fails With Less Than 24 Hours to Shutdown Get caught up.

US Funding Plan Fails With Less Than 24 Hours to Shutdown www.bloomberg.com/news/newslet...

Copper Withdraws UK Crypto Authorization Bid in Strategy Shift Crypto custodian Copper Technologies Ltd. withdrew its application to register with the UK’s financial regulator on Friday, saying it will shift to focus on overseas hubs under its new chief executive...

Copper Withdraws UK Crypto Authorization Bid in Strategy Shift www.bloomberg.com/news/article...

Crypto Insiders Jockey for Influence on Proposed Industry Advisory Council The incoming US administration is weighing two very different approaches to a council that the crypto industry hopes will dramatically increase its influence over digital-asset policy.

Crypto Insiders Jockey for Influence on Proposed Industry Advisory Council www.bloomberg.com/news/article...

Hawk Tuah Memecoin Investors Sue Promoters Over US Registration “Hawk Tuah” cryptocurrency sellers and promoters never registered the US-marketed memecoin with the SEC and left investors out to dry during a 90% crash, a lawsuit filed on Thursday said.

news.bloomberglaw.com/securities-l...

Self-Proclaimed Bitcoin Inventor Found in Contempt of Court After Lawsuit Loss A computer scientist who falsely claims to be the inventor of Bitcoin has been found in contempt of court by a London judge for breaching several orders after a stinging lawsuit loss.

Self-Proclaimed Bitcoin Inventor Found in Contempt of Court After Lawsuit Loss www.bloomberg.com/news/article...

MicroStrategy’s Saylor Wants to Add More ‘Intelligent Leverage’ MicroStrategy Inc. co-founder and Chairman Michael Saylor says he wants to add more “intelligence leverage” for shareholders of the dot-com-era software maker turned leveraged Bitcoin proxy.

MicroStrategy’s Saylor Wants to Add More ‘Intelligent Leverage’ www.bloomberg.com/news/article...

China’s Billionaires Are Making Money for First Time Since 2020 China’s billionaires are slowly starting to recover their wealth after three years of losses from a property crisis and Xi Jinping’s push for common prosperity at the expense of powerful private busin...

China’s Billionaires Are Making Money for First Time Since 2020 www.bloomberg.com/news/article...

An Optimist’s Guide to a Chaotic World Plus: Crypto joins the establishment, electricity demand is surging, and the Property Brothers suggest delaying renovations.

An Optimist’s Guide to a Chaotic World www.bloomberg.com/news/newslet...

Crypto.com | Securely Buy, Sell & Trade Bitcoin, Ethereum and 350+ Altcoins Over 100 million users buy, sell, and trade Bitcoin, Ethereum, NFTs and more on Crypto.com. Join the World's leading crypto trading platform.

Crypto.com CEO Met Trump at Mar-a-Lago as Industry Seeks Influence in New Administration www.bloomberg.com/news/article...

Reeves’ Tax Hikes Spare Most of the UK’s Big Listed Companies The majority of Britain’s biggest listed companies will together account for less than 3% of the revenue raised by Labour‘s increased payroll tax, Bloomberg analysis shows, despite Prime Minister Keir...

Reeves’ Tax Hikes Spare Most of the UK’s Big Listed Companies www.bloomberg.com/news/article...

Crypto Got What It Wanted in November’s Election. Now What? The industry is now in a position to weaken financial rules that might protect consumers from the next crypto crash.

Crypto Got What It Wanted in November’s Election. Now What? www.bloomberg.com/news/article...

Activist Investing Hits Record in Japan With $6.6 Billion Spree Activist investors’ infatuation with Japan has reached record levels. So has their influence.

Activist Investing Hits Record in Japan With $6.6 Billion Spree www.bloomberg.com/news/article...

China’s Investment Bankers Struggle With Low Pay, Few Deals and Fear of Arrests “The work is very hard, but the salary is low, and there are even big risks involved.”

China’s Investment Bankers Struggle With Low Pay, Few Deals and Fear of Arrests www.bloomberg.com/news/article...

New World Disorder Is Disrupting Business as Usual Trying to game out Trump 2.0 before he even takes office ends with market slaps for Canada and Brazil. There will be more

New World Disorder Is Disrupting Business as Usual www.bloomberg.com/opinion/arti...

Thames Water Set For Pivotal Hearing on £3 Billion Rescue Loan A £3 billion ($3.8 billion) rescue loan needed to ensure Thames Water doesn’t run out of cash will be scrutinized by a London judge on Tuesday.

Thames Water Set For Pivotal Hearing on £3 Billion Rescue Loan www.bloomberg.com/news/article...

MicroStrategy Buys More Bitcoin Ahead of Joining Nasdaq 100 MicroStrategy Inc., the dot-com-era software maker turned leveraged Bitcoin proxy, bought an additional $1.5 billion of the cryptocurrency through the sale of stock.

MicroStrategy Buys More Bitcoin Ahead of Joining Nasdaq 100 www.bloomberg.com/news/article...

Dollar Strength Seen Cooling After a Landmark Year in 2024 One of the big market stories of 2024 has been the strength of the dollar, which is headed for its biggest annual rally since 2015. There’s a growing sense on Wall Street, though, that the upbeat mood...

Dollar Strength Seen Cooling After a Landmark Year in 2024 www.bloomberg.com/news/newslet...

Yoon Joins Growing List of Disgraced South Korean Presidents President Yoon Suk Yeol’s demise may have been swift and shocking, but he is just the latest in a growing list of South Korean leaders who’ve seen their fortunes turn after rising to power.

Yoon Joins Growing List of Disgraced South Korean Presidents www.bloomberg.com/news/article...

German Chancellor Scholz Faces Confidence Vote Good morning. German Chancellor Olaf Scholz hopes to lose a confidence vote today. France’s new prime minister tries to build a government. And India’s richest men fall out of the $100-billion club. L...

German Chancellor Scholz Faces Confidence Vote www.bloomberg.com/news/newslet...

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MicroStrategy, Palantir Added to Nasdaq 100, Moderna Removed MicroStrategy Inc., the dot-com-era software maker whose metamorphosis into a leveraged bet on Bitcoin has transfixed Wall Street, is joining the Nasdaq 100 Index, the benchmark’s overseer said Friday...

Saylor’s MicroStrategy Scores Again With Nasdaq 100 Addition www.bloomberg.com/news/article...

World’s Top Retailer Is Now Trying to Save Air New Zealand Once hailed as the planet’s greatest retailer, Greg Foran could now make a reasonable claim to be the hardest working man in aviation.

World’s Top Retailer Is Now Trying to Save Air New Zealand www.bloomberg.com/news/article...

Musk’s Charitable Foundation Sent Most of Its Millions to His Own Entities Elon Musk’s charitable foundation ballooned to $9.5 billion in assets last year while handing out $237 million in gifts, most of which went to other entities controlled by the world’s richest person.

Musk’s Charitable Foundation Sent Most of Its Millions to His Own Entities www.bloomberg.com/news/article...

BlackRock Says Up to 2% Bitcoin Allocation Is ‘Reasonable Range’ The world’s biggest asset manager says that Bitcoin does have a place in multi-asset portfolios — up to a certain point.

BlackRock Says Up to 2% Bitcoin Allocation Is ‘Reasonable Range’ www.bloomberg.com/news/article...

Stablecoin Issuer Circle Expands Crypto Offering With Binance Circle Internet Financial Ltd., the issuer of the stablecoin USDC, and the crypto exchange Binance said they’re partnering to expand the use of the token on the trading platform as part of a plan to a...

Stablecoin Issuer Circle Expands Crypto Offering With Binance www.bloomberg.com/news/article...

Dollar Weakens, Asian Stocks Steady Before US CPI: Markets Wrap Asian shares retreated as traders await key US inflation data for clues on whether the Federal Reserve will cut or hold interest rates next week. The dollar steadied after a three-day gain.

Asian Stocks Slip, Dollar Steadies Ahead of US CPI: Markets Wrap www.bloomberg.com/news/article...

Trump’s Pick for SEC Chair Blamed the US for FTX Crypto Disaster Paul Atkins, Donald Trump’s pick to lead the Securities and Exchange Commission, once blamed an unusual suspect for the collapse of Sam Bankman-Fried’s FTX crypto exchange: The US government itself.

Trump’s Pick for SEC Chair Blamed the US for FTX Crypto Disaster www.bloomberg.com/news/article...

Israel Steps Up Airstrikes on Military Sites in Syria Israel stepped up its attacks on military sites in Syria, striking some 250 targets early Tuesday, according to media reports and a war monitor.

Israel Steps Up Airstrikes on Military Sites in Syria www.bloomberg.com/news/article...