High Alert
CNBC World

Broadcom debt deal expected to reach upwards of $70 billion, sources say

Broadcom is in talks to raise upwards of $70 to $80 billion in debt for a chip financing deal, CNBC's David Faber reported on Friday.

This is a short WorldPing brief. The full report was published by CNBC World.

Read the full report at CNBC World

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ESPN

Sources: Stad buys lead stake in T-Wolves, Lynx

American businessman Marc Stad has completed a deal to become the controlling owner and largest shareholder of the NBA's Minnesota Timberwolves and WNBA's Minnesota Lynx, sources told ESPN.

Brief by WorldPing · Original reporting by ESPN

Bitcoin Climbs Higher as $1.2 Billion in Shorts LiquidatedWorldPing
Decrypt

Bitcoin Climbs Higher as $1.2 Billion in Shorts Liquidated

The largest cryptocurrency surged 7.9% in a day to around $77,000, triggering a short squeeze that wiped out roughly $1.21 billion in bearish bets amid a wave of favorable news from Washington.

Brief by WorldPing · Original reporting by Decrypt