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Prosus writes off $22 billion Indian edtech giant Byju’s to zero | TechCrunch

Prosus, one of Byju’s largest investors, on Monday said its once-$2.1 billion worth stake in the Indian edtech startup is now worth nothing, but...

BlackRock cautious on long-term US Treasuries ahead of elections

By Davide BarbusciaNEW YORK (Reuters) - The BlackRock Investment Institute said on Monday it was cautious about long-term U.S. Treasuries ahead of the November...

BlackRock’s ETF becomes largest bitcoin fund in world, Bloomberg News reports

By Suzanne McGee(Reuters) -BlackRock's iShares Bitcoin Trust has become the world's largest fund for the world's largest cryptocurrency, racking up nearly $20 billion in...

BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is failing—‘the private sector has become a creditor now’

This is a story about how interest rate hikes are supposed to work, and why they might not be working as intended right now—at...

BlackRock whistleblower alleges cover-up of search engine to spot Chinese investments

By Jonathan StempelNEW YORK (Reuters) - BlackRock was sued for $20 million by a whistleblower former vice president who said the asset manager fired...

AI isn’t coming for your job—at least not yet

When CEOs talk to investors about layoffs, they usually blame economic uncertainty or business “headwinds.” Now a new term is starting to crop up...

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