CFTC sues states over prediction market regulation

The Commodity Futures Trading Commission headquarters in Washington, DC, US, on Friday, Dec. 23, 2022. Ting Shen | Bloomberg | Getty Images A federal commission on Thursday announced lawsuits against three states over its ability to exclusively regulate prediction markets. The Commodity Futures Trading Commission said it was taking Arizona, Connecticut and Illinois to court…

Read More

Apple and Microsoft are now both worth more than $4T

Both Apple and Microsoft are now worth more than $4 trillion. This is the first time Apple’s market capitalization has crossed the $4 trillion mark, making it the third company to cross this milestone after Nvidia and Microsoft. Redmond first crossed this figure julyBut after this its valuation came down slightly to $3.9 trillion, but…

Read More

Trump says he’s found a buyer for TikTok

According to President Donald Trump, a group of “very rich people” is set to buy short-form video app Tikktok. “We have a buyer for Tikokok, by the way, Trump Said in a fox news interview Sunday morning. “I think I will probably need China’s approval. I think President Xi [Jinping] Perhaps it will be done….

Read More