Even as bitcoin flies high, investors are keeping their options open, judging by a record race to derivatives. Open interest for bitcoin options and futures has spiked over the past month as fear has stalked global banking, hitting an all-time high of 433,540 contracts on March 23 on Deribit, a leading exchange for crypto-focused derivatives […]

 Deutsche Telekom now holds a majority in T-Mobile U.S., the chief executive of the German telecoms company said on Wednesday. The company reached a majority stake in T-Mobile U.S late Tuesday, CEO Tim Höttges said at the company’s annual general meeting. “We have the majority and are the largest shareholder of the world’s most valuable […]

 French President Emmanuel Macron landed in China on Wednesday shortly ahead of EU chief Ursula von der Leyen as the two European leaders seek to smooth ties with a key economic partner while broaching thorny issues like Ukraine and trade risks. Macron on his first trip to China since 2019, spoke to US President Joe […]

China's SenseTime

China’s SenseTime on Tuesday announced plans for a technology discussion day, boosting shares in the artificial intelligence (AI) firm. It promised to showcase its latest products as well as “cutting-edge advancements in artificial intelligence technology” in an invitation sent to analysts and seen by Reuters. Shares in the company, which has been sanctioned by the […]

A week after removing its listing from Hong Kong Stock Exchange, Chinese Artificial Intelligence (AI) startup, SenseTime Group, relaunched its $767 million initial public offering (IPO) on Monday. The company pulled out its offering amidst escalating geopolitical tension between China and the U.S. after Washington accused the firm of creating facial recognition tools to identify […]