U.S. government isn’t poised to sweep in with bitcoin buys, despite Jim Cramer rumor

President Donald Trump’s U.S. bitcoin BTC$68,900.75 reserve doesn’t exist yet, and there is no mechanism in the federal government for the wholesale purchase of crypto. Keep that in mind when considering this weekend’s speculation about the price point that would cause the White House to push a buy button, thanks in large part to CNBC’s…

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Father’s guarantee: Oracle co-founder Larry Ellison backstops son’s $78bn Paramount bid for Warner Bros. Discovery | Business

Oracle co-founder Larry Ellison has stepped in to personally guarantee more than $40bn in financing for Paramount Skydance’s hostile $78bn bid for Warner Bros. Discovery. The move follows open scepticism from WBD’s board over whether the offer was fully funded and capable of closing. By putting his own wealth on the line, Ellison aims to…

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SIA-India bats for higher space budget, hybrid manufacturing incentives & more

BENGALURU: The Satcom Industry Association-India (SIA-India) has called for a threefold increase in the national space budget, creation of specialised manufacturing incentives and long-term funding frameworks for connectivity, navigation and earth observation as part of its recommendations submitted to the finance ministry, Department of Space (DoS) and the Indian National Space Promotion and Authorisation Centre…

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