Oct 18 (Reuters) - AI infrastructure firm Nebius Group expects to make annual recurring revenue of $500 million to $1 billion in 2025, the company said on Friday before trading of its shares resumes on Nasdaq on Monday after a lengthy suspension. Trading was suspended soon after Russia's February 2022 invasion of Ukraine, when the stock was traded under the...

02:34 PM EDT, 10/18/2024 (MT Newswires) -- BlackRock ( BLK ) and its digital assets securities brokerage partner Securitize are in talks with some global cryptocurrency exchanges about using its BUIDL token as collateral for derivatives trades, Bloomberg reported Friday. The asset manager, which aims to expand the use of its money-market digital coin in crypto derivatives markets, is in...

02:33 PM EDT, 10/18/2024 (MT Newswires) -- Marriott International ( MAR ) faces more striking workers with 120 people from the Marriott Union Square in San Francisco walking off the job, the Unite Here union said Friday in a statement. Around 5,200 workers have been on strike at multiple hotel chains since September across the US, the union said. Workers...

BOSTON, Oct 18 (Reuters) - Meta Platforms ( META ) must face a lawsuit by Massachusetts alleging the social media company purposely deployed features on its Instagram platform to addict young users and deceived the public about the dangers it posed to the mental health of teenagers, a judge ruled. Suffolk County Superior Court Judge Peter Krupp in Boston, in...