Binance set to buy FTX
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Americans voted in crucial midterm elections yesterday, cryptocurrency exchange Binance agreed to buy rival FTX, and TikTok has slashed its worldwide revenue targets for 2022 by at least $2bn.
Mentioned in this podcast:
Midterm elections 2022: what Republicans may do with a House majority
Binance rescues crypto rival FTX
TikTok slashes revenue targets by at least $2bn
TikTok overhauls US business following advertising slump
Swamp Notes: Memo to Dems: sanctimony won’t save the republic
Uzbekistan lobbies EU to lift sanctions on oligarch
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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