Shares of Bakkt Holdings Inc. ( BKKT/WS )  rose in Thursday’s trading after the cryptocurrency custody company announced plans to raise as much as $1 billion, with proceeds potentially getting allocated to buy Bitcoin (CRYPTO: BTC). What Happened: The possible shelf offering might include sales of Bakkt’s Class A common stock, preferred stock, warrants, and debt securities, according to an SEC filing. The...

04:02 AM EDT, 06/27/2025 (MT Newswires) -- FIGX Capital Acquisition (FIGX) said Thursday that it has priced an initial public offering of 13.1 million units at $10 per unit. The units, which are to be Nasdaq-listed under the ticker FIGXU and begin trading Friday, each consist of one share and one-half of a warrant to purchase a share at $11.50,...

04:19 AM EDT, 06/27/2025 (MT Newswires) -- (Updates with confirmation from OpenAI in the third paragraph.) Meta Platforms ( META ) has hired three OpenAI researchers for its advanced artificial intelligence efforts, The Wall Street Journal reported late Wednesday, citing people familiar with the matter. The social media giant has hired Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai, who were...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...