Finance

BlackRock buys infrastructure investor Global Infrastructure Partners for $12 billion

Larry Fink, chief executive officer of BlackRock Inc., gestures while speaking at the Handelsblatt Banking Summit in Frankfurt, Germany, on Wednesday, Sept. 4, 2019. Alex Kraus | Bloomberg | Getty Images BlackRock, the world’s biggest asset manager, announced Friday it is buying Global Infrastructure Partners for about $12 billion in cash and stock. The acquisition…

Finance

Chinese rival to Apple’s Vision Pro raises $70 million, doubles down on new strategy to win consumers

This picture taken on September 22, 2023 shows a Rokid employee demonstrating an augmented reality helmet at the company’s office at the 2022 Asian Games host city Hangzhou, in China’s eastern Zhejiang province. From autonomous bug zappers to android pianists and driverless ice cream trucks, machines rule the world, at least at China’s Asian Games.…

Finance

Coinbase, Robinhood shares rise as bitcoin ETF approval adds credibility to cryptocurrency industry

SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency…