• Bitcoin climbs to three-year peak, nears all-time high

    Bitcoin climbs to three-year peak, nears all-time high

    Bitcoin rose to a nearly three-year high Friday, as investors continued to scoop the virtual currency on expectations it could well exceed its all-time peak of just under $20,000. Bitcoin surged to
  • TikTok owner reportedly eyes fundraising valuing it at $180B

    TikTok owner reportedly eyes fundraising valuing it at $180B

    TikTok-owner ByteDance is in early talks to raise a new round of financing that will value it at $180 billion after the investment, according to two people familiar with the matter. The company is
  • E-cigarette maker Juul slashes valuation to $10 billion

    E-cigarette maker Juul slashes valuation to $10 billion

    Juul Labs has cut its valuation to about $10 billion from $12 billion at the end of last year, according to a company memo seen by Reuters on Thursday, as the once red-hot e-cigarette maker fizzles in
  • Petco owners reportedly weighing $6 billion sale or IPO

    Petco owners reportedly weighing $6 billion sale or IPO

    CVC Capital Partners and Canada Pension Plan Investment Board are exploring a sale or initial public offering of Petco that could value it at $6 billion, including debt, Bloomberg News reported Wednesday. The firms are interviewing potential advisers while reviewing strategic options, with formal efforts around a sale or IPO not expected to kick off …
  • Tesla skyrockets to new record high, leaving rivals in the dust

    Tesla skyrockets to new record high, leaving rivals in the dust

    Tesla shares continued their meteoric rise on Thursday, scoring yet another record high and further expanding the distance between the Silicon Valley electric carmaker and its traditional auto industry rivals. Tesla shares rose to $2,290 in mid-day trading before leveling out at $2,240, the highest price since the company went public at $17 a share …