FTX’s $32 billion valuation was a fantasy, but nobody bothered to look at it closely.
Tag: Regulation and Deregulation of Industry
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Can Big Tech Get Bigger? Microsoft Presses Governments to Say Yes.
Microsoft’s $69 billion deal for Activision Blizzard, which is undergoing reviews in 16 countries, has become a test for whether tech giants can buy companies amid a backlash.
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Inside Gary Gensler’s SEC Campaign to Rein In the Crypto Industry
Gary Gensler, the chair of the S.E.C., is at the center of a reckoning over the future of cryptocurrency after the implosion of FTX.
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Why an Aging Casino Company Embraced Barstool’s David Portnoy
David Portnoy, who has a history of misogynistic and racist behavior, is now a public spokesman for the sports-betting industry.