Wall Street Journal, October 8,
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Intercontinental Exchange, the owner of the New York Stock Exchange, said that it would invest as much as $2 billion in Polymarket. This deal values the popular crypto-based predictions market at approximately $8 billion. It is a vote of confidence for the growth prospects of the platform.
California has passed tougher rules to prevent corporate investors, such as private equity firms, from interfering in healthcare decisions. The industry is now waiting for the Governor Gavin Newsom’s decision on another, similar bill.
Tesla rolled out affordable versions of its Model Y SUV, and Model 3 sedan. But the prices, which start at $39,990, and $36,990, were too high for some to be interested in the electric vehicle brand.
Glencore, the world's largest copper producer, will receive a bailout from the Australian government worth up to 600 millions Australian dollars (equivalent to $395m) to keep its Mount Isa smelter in Queensland and Townsville refinery open for three more years.
According to a new White House memo, prepared by the Office of Management and Budget (OMB) last week, under a law that was passed in 2019 to guarantee back pay when a shutdown ended, the administration wasn't required to pay furloughed workers.
- Anthropic is working with International Business Machines to make its artificial-intelligence models available inside IBM's software, the two companies said, in an attempt at uniting the AI startup with an IT stalwart.
(source: Reuters)