Technology

MacKenzie Scott, citing wealth gap, donates $2.7 billion

MacKenzie Scott, the billionaire philanthropist known for her unexpected multi-billion dollar donations to charities and racial equity causes, announced Tuesday that she has given $2.7 billion to 286 organizations. It is the third round of no-strings-attached, major philanthropic gifts Scott has made, which together rival the charitable contributions made by the largest foundations.

Bitcoin tops $40,000 after Musk says Tesla could use it again

Bitcoin climbed above $40,000 on Monday, after yet another weekend of price swings following tweets from Tesla boss Elon Musk, who fended off criticism over his market influence and said Tesla sold bitcoin but may resume transactions using it.

Online grocer Boxed to go public through SPAC deal

E-commerce grocery platform Boxed has announced plans to go public with special purpose acquisition company Seven Oaks Acquisition Corporation in a move to take on 'big box' store membership.