Litquidity Newsroom

Disney is stopping Florida investments due to feud with DeSantis, China’s loans are hurting some of the world’s poorest countries, the US Supreme Court leaves internet company protections unscathed, Meta announced AI training, Lazard CEO Ken Jacobs is preparing to step down, and OpenAI is introducing ChatGPT for iOS.

Montana banned TikTok, global debt is hitting record highs, the writers’ strike could impact Netflix and Disney content, Tesla might start advertising, Google is planning new AI models for ads and YouTube creators, and Meta is facing a record EU data security fine.

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Lyft’s CEO is stepping down, the Fed is debating a pause in interest rate hikes, Sam Altman wants AI regulation, the IRS is testing a free e-filing system, homebuilder sentiment has rebounded from negative territory, and China’s recovery is losing steam.

Late debt ceiling talks and plunging tax revenue have put pressure on Congress, CEO pay fell for the first time in a decade, Musk was subpoenaed over JPM’s ties to Epstein, Burry bought the bank dip, the US is buying more oil for its strategic reserve, and Sam Altman will testify before Congress.

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Tiger wants to offload some of its private investments, Twitter named a new CEO, Apple is testing new chips, emerging market currencies might be on the cusp of a rally, bean shortages are sending coffee prices through the roof, Argentina is hiking rates, and Sam Altman’s crypto startup is raising $100M.

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Musk found a new CEO for Twitter, Biden’s debt ceiling meeting with McCarthy got pushed back a week, Carl Icahn approved share buybacks, US weekly jobless claims hit an 18-month high, and SoftBank’s Vision Fund lost $2B in Q1.

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UK regulators are expected to approve Microsoft’s acquisition of Activision, Tether increased its T-Bill holdings to $53B, Robinhood is facing regulatory probes, Tucker Carlson is staying on Twitter, Spotify removed thousands of AI-generated songs, and TikTok delayed fully opening a US shop.

G-7 leaders are grappling with bank risks, the Metaverse could be a big player in the US economy in a decade, the US trade chief is meeting with China, wages are rising across England, the NYT signed a $100M deal with Google, and White House debt meetings failed to yield a breakthrough.