Latest News on private equities market

Semafor | Liz Hoffman and Reed Albergotti | Jan 9, 2023 Microsoft has been in talks to invest $10 billion into the owner of ChatGPT, the wildly popular app that has thrilled casual users and artificial-intelligence experts since its latest software was released last month Original investment: The Information reported in October that Microsoft, which

Guest Post | Jan 11, 2023 Boarding schools in Canada – education information Boarding schools in Canada represent the unique combination of traditions and progressive approach to education. Studying in Canadian schools opens the doors to the world's leading universities for graduates. Canada is consistently among the top leading countries in terms of public investment

The Federal Trade Commission proposed a rule that would ban noncompete clauses. As a result, wages could rise by nearly $300 billion a year.

More than 65 million Social Security beneficiaries are getting a boost to their benefits this month. Here's when you can expect those payments.

House Republicans on Monday night voted to slash funding for the IRS, following a pledge to repeal the nearly $80 billion approved by Congress last year. 

Coindesk | Lavender Au | Jan 10, 2023 While the industry has known for a while that a regulatory framework was incoming, it did not expect the shift in stance. Many of the stalls and panels at FinTech Week were related to the metaverse, and top regulators came out in force to advocate for the

The U.S. Department of Education proposed regulations on Tuesday that would reduce the monthly bills for certain federal student loan borrowers.

BBC | Tom Espiner | Jan 8, 2023 The billionaire founder of Ant Group, Jack Ma, is to give up control of the Chinese fintech giant after a regulatory crackdown, and will own just 6% (down from over 50%) after restructuring. 2 year forced restructuring and $1B fine: Ant Group runs Alipay, the main online

If you're tempted to claim Social Security retirement benefits early, experts say it may be wiser to wait.

Reuters | Manya Saini and Niket Nishant | Jan 10, 2023 Coinbase Global Inc said on Tuesday it will cut about 950 jobs, or 20% of its workforce, as part of a restructuring plan that marks the third round of layoffs for the cryptocurrency exchange since last year. The company, whose shares were up 3.3%

More Americans carry credit card debt from month to month as living expenses stay high, according to a new report by Bankrate.

While winning can make you a target for people seeking to benefit from your newfound wealth, there are ways to minimize the requests for money.

AltFi | Amelia Isaacs | Jan 5, 2023 The crypto exchange will pay a $50m fine and invest $50m (over the next 2 years) in its AML programme, which had “wide-ranging and longstanding failures”. According to the regulators, the crypto firm had let customers open accounts without sufficient background checks, and its failures made the

Monaco Voice | David Lucatch | Jan 7, 2023 As we usher in a near year, resolutions and renewed commitments, our daily lives, and the technologies we use are also seeing the light of new possibilities. Early on Web 1, marketers learned very quickly that they could trade information, technology, and services for a user’s

McKinsey & Co | Jan 8, 2023 It’s a turbulent—and busy—time in private markets. Portfolios are fuller than ever and there is significant dry powder across the industry. Yet fundraising and deal making for larger transactions are well off 2021’s highs. The slowdown in exits, coupled with declining public market valuations and the resulting denominator