French AI fundraising sensation shows Europe’s got talent
Money is flowing into regional tech start-ups but regulators have a difficult balancing act not to kill AI in its infancy
Artificial intelligence
Who’s taking over Silvio Berlusconi’s €4bn empire?
Plus, Odey Asset Management prepares to break up and turmoil at Nissan makes way for a renewed partnership with Renault
Mergers & Acquisitions
Three Arrows Capital’s NFT collection sold for almost $11mn at auction
Record sale for collapsed crypto hedge fund’s pieces comes despite broader downturn in market for digital assets
Fintech
BlackRock delves deeper into crypto with push for bitcoin ETF
Asset manager’s product would be first publicly traded spot bitcoin exchange trade fund in US if approved by SEC
Fintech
JPMorgan claims Frank founder told staff to overstate user numbers
Latest allegation comes in lawsuit filed by bank over acquisition of student finance site
Mergers & Acquisitions
Is crypto a security, bro?
The SEC is on the verge of regulating crypto. But first, America has to decide, again, what a security really is
Financial & markets regulation
Virgin Galactic set to start commercial space flights this month
Richard Branson’s company has endured numerous delays on the path to getting operations under way
Space industry
Atlanta Fed chief Raphael Bostic reports fresh trading violation
Money manager transacted on behalf of official and his spouse during forbidden ‘blackout period’
Financial & markets regulation
US oil services: consolidation means more pricing power
Patterson and NexTier are trying to cope with labour shortages and increasing material costs
Mergers & Acquisitions
Cava soars on debut as US restaurant chain tests appetite for IPOs
Shares almost double in New York after group lifts price range to raise $318mn
Travel & leisure industry