Alibaba Group Holding (BABA) is selling its gaming unit, Lingxi Games, to Asian private equity firm Trustar Capital in a transaction reportedly worth at least $1.5 billion.
The sale comes as CEO Eddie Wu makes artificial intelligence and cloud...
Connecticut has ordered Kalshi, Robinhood, and Crypto.com to halt event-based contracts immediately, deepening its aggressive stance against digital assets.
The decision exposes a widening regulatory rift between state gambling laws and federal...
