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BlackRock and MSCI are facing congressional probes over facilitating investments in Chinese firms flagged by US for security concerns

Tue, 08/01/2023 - 11:15

U.S. Capitol building — The House Select Committee on the Chinese Communist Party sent a letter to BlackRock and MSCI over China investments, per the WSJ.
Getty Images

Markets, MI Exclusive, China, BlackRock, MSCI, MSCI China, Congress

European lawmakers vote overwhelmingly in favor of adopting the first AI Act, a proposed law that aims to protect people from the technology's risks

Thu, 05/11/2023 - 08:58

The European Parliament building in Luxembourg — The European parliament building in Luxembourg.
Mikhaila Friel/Insider

Tech Insider, News, Trending UK, AI, Tech, EU, Europe

Warren Buffett's Berkshire Hathaway reveals it sold about $6 billion of Chevron stock last quarter

Sun, 05/07/2023 - 07:40

Warren Buffett — Warren Buffett.
Paul Morigi / Stringer / Getty Images

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, chevron, Energy Stocks

Bitcoin's huge rally is masking a drop in liquidity as smaller trades move the market

Thu, 05/04/2023 - 11:30

Crypto coins — (Photo by Jakub Porzycki/NurPhoto via Getty Images)

Markets, MI Exclusive, cryptocurrecny, Bitcoin, bitcoin rally, Regulation, Investing

White House officials will meet Big Tech CEOs as President Biden looks to tackle AI safety concerns

Thu, 05/04/2023 - 10:28

White House — White officials will sit down with CEOs from several tech companies.
AP Photo/Susan Walsh

Tech Insider, News, Trending UK, White House, AI, Regulation, Tech

'Crypto is dead in America' as US regulators target the sector for threatening the establishment, Chamath Palihapitiya says

Mon, 04/24/2023 - 10:51

Chamath Palihapitiya — Mike Windle/Getty Images for Vanity Fair

Markets, MI Exclusive, Coinbase, Chamath Palihapitiya, cryptocurrecny, Regulation, Cryptos

Larry Summers says the Fed has inflation on the ropes, calls out crypto frauds, and bemoans the debt-ceiling fiasco. Here are the ex-Treasury chief's 12 best quotes from a new interview.

Fri, 04/21/2023 - 07:18

Tech Insider : Crypto

Larry Summers — Larry Summers.
NICHOLAS KAMM/AFP via Getty Images

Markets, MI Exclusive, Stocks, Larry Summers, US Treasury, US Markets and Economy, Inflation

UBS is set to buy Credit Suisse for $3.2 billion. The megadeal could make the banking crisis worse.

Mon, 03/20/2023 - 08:55

wall street traders 2008 — UBS acquiring Credit Suisse has major implications for markets and the US economy.
Mike Segar/Reuters

Markets, MI Exclusive, Stocks, Credit Suisse, ubs, m&a, Banking Crisis

SVB's Greg Becker previously asked Congress to ease regulatory oversight on the bank, citing its own 'strong risk management practices'

Mon, 03/13/2023 - 10:45

Greg Becker, CEO of SVB Financial, is shown speaking during the Milken Institute Global Conference in Beverly Hills, California, on May 3, 2022. — Greg Becker, CEO of SVB Financial
Photo by PATRICK T. FALLON/AFP via Getty Images

Markets, MI Exclusive, SVB, Congress, Regulation, Global Financial Crisis, Silicon Valley Bank collapse

AI needs a set of rules — for its own good, and for ours

Fri, 02/10/2023 - 08:00

Ted Lieu — Rep. Ted Lieu plans to introduce regulations around the use of AI.
Doug Mills-Pool/Getty Images

Tech Insider, Analysis, artificial intellegence, Regulation, ChatGPT, Tech, Analysis

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