Author: Daniel snow

An Amazon warehouse in Warrington, England.Nathan Stirk | Getty ImagesLONDON — Amazon will invest £40 billion ($54 billion) in the U.K. over the next three years, the e-commerce titan announced Tuesday.The company said it plans to spend the money on building four new fulfillment centers — large warehouses where it prepares orders for delivery — as well as upgrades and expansions to its existing operations buildings across the country.The announcement was cheered by the British government, which has been courting investments from major tech players of late as it looks to boost domestic growth and productivity. U.K. monthly gross domestic…

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Crypto company Digital Asset said Tuesday that it’s netted $135 million in funding from a raft of major names in banking and finance.The firm, which touts itself as a regulated crypto player, said it raised the fresh cash in a funding round co-led by DRW and Tradeweb, with Goldman Sachs, BNP Paribas and Ken Griffin’s Citadel Securities also investing.The investment highlights how large financial institutions are embedding themselves in the once murky world of cryptocurrencies.Previously associated with fraud, money laundering and other illicit activities, digital assets have become a more mainstream asset class over the years as big names like…

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