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WeWork is in talks to raise hundreds of millions in cash

WeWork Inc., the long-struggling workspace rental company, is in talks to raise hundreds of millions in capital to support the business, said a person familiar with the negotiations.

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EU tells Elon Musk to hire more staff to moderate Twitter

The demand complicates Musk's efforts to reorganize the loss-making business he acquired for $44 billion in October.

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Fintech unicorn Slice picks 5% in North East Small Finance Bank

Move signals new-age biz reliance on licensed banks; More investments could be on cards

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TikTok to allow creators to sell collections of long-format videos

Its new offering "Series" will allow eligible creators to put collections of up to 80 videos, each about 20 minutes long behind a paywall. Currently, the allowed length of a video on TikTok is up to 10 minutes.

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US court questions SEC's rejection of Grayscale's bitcoin fund proposal

The SEC rejected Grayscale Investment LLC's application to convert its flagship spot Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF) last June, arguing the proposal did not meet anti-fraud and investor protection standards.

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Silvergate's deepening crisis jolts crypto stocks

Several crypto stocks also closed in negative territory. Crypto lending peer Signature Bank was down 2.5%.

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WhatsApp agrees to be more transparent on policy changes, EU says

The company also confirmed that users' personal data is not shared with third parties or other Meta companies, including Facebook, for advertising purposes.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...