Institutional money is wildly important for Bitcoin: Mike Novogratz - Yahoo Finance

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Tesla cancels Model S Plaid+, Medline megadeal, Mayweather fight faces streaming issues, Bezos to space

Julie Hyman breaks down Thursday’s business headlines, including: Elon Musk announcing on Twitter the cancellation of plans for a Model S Plaid+, Showtime’s streaming service dealing with outages due to servers not being able to handle user demand, Jeff Bezos plans to travel to space in July on Blue Origin’s first voyage, and Medline Industries Inc. being acquired for a whopping $34 billion by Blackstone Group, Carlyle Group, and Hellman & Friedman LLC.

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