Latest Business News, Market Insights & Global Economy Updates
Cryptocurrency exchange Kraken has acquired Small Exchange, a U.S.-licensed derivatives trading platform from IG Group (IGG) for $100 million. Kraken bought Small Exchange for $32.5 million in cash and $67.5 million in stock, IG announced on Thursday. The acquisition allows Kraken to operate as a designated contract market (DCM) in the U.S. thanks to Small…
Spotify on Thursday announced a series of deals with major record labels to develop new AI products designed to ensure fair compensation and center artists and songwriters in the experience. In partnership with Sony, Universal, Warner, and Merlin, the streamer said it would develop “responsible AI” products that not only respect copyright, but also allow…
Brian WindhorstOct 16, 2025, 07:00 AM ET Close ESPN.com NBA writer since 2010 Covered Cleveland Cavs for seven years Author of two books ABU DHABI, UNITED ARAB EMIRATES — It’s a few minutes before tipoff in the first NBA game of any sort in the 2025-26 season and the basketball court inside Etihad Arena is…
If you only watch one new short film this week, make it “Ovation.” That is, if you haven’t seen it already. Over the last nine days, director Noam Kroll and actor Luke Barnett racked up close to a million views across Instagram and X for their one-take short that attempts to answer a question every…
So much about the UK jobs market is influenced by Rachel Reeves. Without overdoing the blame, say many experts, the chancellor’s tough budget last year and the likelihood of a repeat next month hangs over employers and how they recruit and pay staff. The latest official figures show a rising number of young people out…
Crypto’s Oct. 10 plunge looks more like a stress test than a regime change, Bitwise Chief Investment Officer Matt Hougan wrote in his Oct. 14 memo. Hougan links the sell-off to a late-Friday post from President Trump threatening 100% tariffs on Chinese goods; with equities shut, he wrote, traders funneled reaction into the always-open crypto…
Video editing app VSCO is adding a set of new AI image editing tools, support for high-resolution RAW files, non-destructive edits, and content-aware region detection. The AI tools will be housed in a new tab called “AI Lab,” which also brings AI-powered object removal chops, similar to Google and Apple’s homegrown offerings. You can highlight…
Jim McCormickOct 15, 2025, 07:09 AM ET Close Jim McCormick is a contributing writer for fantasy football and men’s basketball at ESPN. Shai Gilgeous-Alexander is undeniably awesome. So is Victor Wembanyama. Yet, in a traditional snake draft, getting both is essentially impossible given both are found firmly in the first round. There is a draft…
Sixteen-year-old DOC NYC, America’s largest documentary festival, has revealed its influential 15-film Short List. The festival will run its main lineup of 116 features, 30 world premieres, 34 U.S. premieres, and 113 short films in-person November 12-20 in New York City’s IFC Center, SVA Theatre, and Village East by Angelika and continue online until November 30 with…
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