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After briefly stabilizing, Bitcoin, Ethereum and other major crypto coins sink

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At one point yesterday, investors wiped out nearly $400 billion in crypto market value. The market is under further pressure today. Read More

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The dealmakers Adopting the Madness

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Here is the internet edition of Term Sheet, a daily newsletter about the greatest deals and dealmakers. Subscribe to receive it sent directly to your inbox.  For better or for worse, 2020 is insanity. A ferocious pandemic smashed to an apparently unending U.S. presidential elections. And though the market remains unclear, dealmaking and megafunds (ahem only […]
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What antitrust investigation?

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Facebook appears to be relying on its age-old playbook even as antitrust regulators investigate the company for anti-competitive behavior.  The social media app, which is under investigation by the Federal Trade Commission and 46 states, has a history of cloning popular features from its buzzy competitors. The latest target? None other than the Clubhouse, the […]
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If top U.S. officials buy Pfizer vaccine? Trump says that they could wait

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President Donald Trump along with other leading U.S. officials will soon be given the recently approved coronavirus vaccine in days as part of a strategy to guarantee continuity in government beneath the pandemic, individuals knowledgeable about the campaign said. The vaccinations are provided to crucial employees in all 3 branches of government deemed necessary, and […]