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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
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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
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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
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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 …
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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 …