(Reuters) -Binance executives met U.S. Treasury officials last month and discussed loosening government oversight of the company, while exploring a business deal with President Donald Trump’s crypto venture, World Liberty Financial, the Wall Street Journal said.Executives of the world’s largest cryptocurrency exchange asked Treasury officials to remove a U.S. monitor overseeing its compliance ...
By Kenrick Cai and Krystal HuSAN FRANCISCO (Reuters) - Alphabet (NASDAQ:GOOGL) and Nvidia (NASDAQ:NVDA) have joined prominent venture capital investors to back Safe Superintelligence (SSI), a startup co-founded by OpenAI’s former chief scientist Ilya Sutskever that has quickly risen to become one of the most valuable artificial intelligence startups months after its launch, a source familia ...
By Jeff Mason, Nandita Bose, Joe Cash and Karin StroheckerABOARD AIR FORCE ONE/BEIJING/LONDON (Reuters) -Beijing increased its tariffs on U.S. imports to 125% on Friday, hitting back against President Donald Trump’s decision to raise duties on Chinese goods and increasing the stakes in a trade war that threatens to upend global supply chains.The retaliation intensified global economic turmoil un ...
By Heekyong Yang, Hyunjoo Jin and Francesco GuarascioSEOUL/HANOI (Reuters) - When Samsung Electronics (KS:005930) chairman Jay Y. Lee met Vietnam’s prime minister in July, he had a simple message to convey."Vietnam’s success is Samsung’s success, and Vietnam’s development is Samsung’s development," Lee told Pham Minh Chinh, pledging long-term investment to make the country its biggest ma ...