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BlackRock’s first European Bitcoin product hailed as ‘landmark development’ for crypto
BlackRock, the world’s largest asset manager, has launched its first Bitcoin product in Europe, a move that industry experts say will help legitimise cryptocurrencies in mainstream finance. “Thi [...]
BlackRock ordered $5 billion in SpaceX shares as IPO demand hit $250 billion, nearly 4x oversubscribed
BlackRock submitted an order to buy at least $5 billion in SpaceX shares ahead of Friday’s debut, the Wall Street Journal reported. That single order is nearly as large as the entire $5.5 billion Ce [...]
Behavox raises $175 million from BlackRock’s HPS to expand its AI compliance platform
Behavox has raised $175 million in preferred equity from HPS Investment Partners, the private credit firm that BlackRock acquired for $12 billion last year. The funding will go toward expanding Beha [...]
From Silicon Valley to Nairobi: What the Global South’s AI leapfrogging teaches tech leaders
When I write about the cognitive migration now underway, brought about by the rapid advance of gen AI, I do so from the perspective of someone who has spent four decades in the technology industry. My [...]
Larry Fink says Trump's tariffs 'went further than I could have imagined'
Even people who make a living from predicting the markets can’t predict everything. Larry Fink, the longtime CEO of BlackRock (BLK), said on a Friday call with analysts that he was surprised by Pres [...]