Billionaire Cohen To Invest In New Crypto Trading Firm Radkl
AppleMagazine|September 17, 2021
A cryptocurrency company launched by partners of a major Wall Street trading firm said Tuesday that it has snagged the support of billionaire investor Steven A. Cohen, as big names from the traditional financial world continue to embrace the industry surrounding crypto.

Cohen, a hedge-fund manager and owner of the New York Mets, has agreed in principle to invest in Radkl, a crypto trading firm, though the deal is not final. The company is being launched by partners of GTS, a firm that trades as much as a billion shares of U.S. stocks on a given day.

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM APPLEMAGAZINEView All

AMAZON TO ALLOW EMPLOYEES TO WORK REMOTELY INDEFINITELY

Amazon said it will allow many tech and corporate workers to continue working remotely indefinitely, as long as they can commute to the office when necessary.

1 min read
AppleMagazine
AppleMagazine #520

DELTA POSTS $1.2 BILLION Q3 PROFIT, TOUTS HOLIDAY BOOKINGS

Delta Air Lines posted a $1.2 billion profit for the third quarter, helped by the latest installment of federal pandemic aid for the airline industry, but warned that rising fuel prices will lead to a “modest” loss in the fourth quarter.

3 mins read
AppleMagazine
AppleMagazine #520

Camera Set

The iPhone 13’s leaps forward for photo & video

6 mins read
AppleMagazine
AppleMagazine #520

OFFSHORE WIND SUPPLY CHAIN WORTH $109B OVER 10 YEARS

A group studying the economics of offshore wind energy in the U.S. says building and operating the nascent industry will be worth $109 billion to businesses in its supply chain over the next 10 years.

2 mins read
AppleMagazine
AppleMagazine #520

BIG PICTURE, BIG DATA: SWISS UNVEIL VR SOFTWARE OF UNIVERSE

The final frontier has rarely seemed closer than this — at least virtually.

4 mins read
AppleMagazine
AppleMagazine #520

CALIFORNIA EXTENDS TAX ON PHONES TO FUND HIGH-SPEED INTERNET

Californians could have higher cellphone bills after Gov. Gavin Newsom signed two laws aimed at giving the state more money to build high-speed internet connections in unserved areas.

3 mins read
AppleMagazine
AppleMagazine #520

FACEBOOK UNVEILS NEW CONTROLS FOR KIDS USING ITS PLATFORMS

Facebook, in the aftermath of damning testimony that its platforms harm children, will be introducing several features including prompting teens to take a break using its photo-sharing app Instagram, and “nudging” teens if they are repeatedly looking at the same content that’s not conducive to their well-being.

3 mins read
AppleMagazine
AppleMagazine #520

WHITE HOUSE PROPOSES TECH ‘BILL OF RIGHTS' TO LIMIT AI HARMS

Top science advisers to President Joe Biden are calling for a new “bill of rights” to guard against powerful new artificial intelligence technology.

2 mins read
AppleMagazine
AppleMagazine #520

GM REACHES DEAL WITH LG TO PAY FOR BOLT BATTERY RECALL COSTS

LG Electronics has reached a deal with General Motors to pay $1.9 billion to $2 billion to reimburse the automaker for the cost of recalling Chevrolet Bolt electric vehicles due to the risk of battery fires.

1 min read
AppleMagazine
AppleMagazine #520

YOUR MONEY: SAVE FOR HOLIDAYS NOW, SKIP REGRET LATER

Factoring holiday expenses into your budget all year long is effective for avoiding debt, but it’s not always feasible with a limited budget or unforeseen expenses.

4 mins read
AppleMagazine
AppleMagazine #520