Author
592 posts
Babafemi Adebajo
Latest Articles
Kokusai Electric Raises $724 Million in IPO despite Reduced Chip Demand
By Babafemi Adebajo
• 2 mins read
Kokusai’s IPO appears promising and may become a reference point for new listings in the future.
Ripple CFO Leaves Crypto for Healthcare
By Babafemi Adebajo
• 2 mins read
While it is unclear if Campbell’s departure is related to the continued battle between Ripple and the United States, there are no indications of such.
Bird Downsizes after Acquiring Spin, Aims for Leaner Operation
By Babafemi Adebajo
• 2 mins read
Bird’s second-quarter earnings in 2023 showed a 19% year-over-year reduction in average rides per vehicle daily.
Novartis Completes Sandoz Spinoff, Sandoz Starts Trading at 24 Swiss Francs
By Babafemi Adebajo
• 2 mins read
Half of Sandoz’s revenue comes from Europe. Thus, it will be looking to leverage its brand presence in Europe for further growth.
Deep Fake: Tom Hanks, Others Decry AI-Generated Videos of Self
By Babafemi Adebajo
• 2 mins read
The news of the deep fake videos comes as the daughter of late comedian Robin Williams expressed her displeasure at AI-generated recreations of her father’s voice.
Visa Launches $100M Fund for Generative AI Startups
By Babafemi Adebajo
• 2 mins read
Visa considers itself a pioneer in AI usage in payments. Reports suggest that the company sees the funding initiative as a chance to maintain its leadership in using AI.
Coinbase Explores FTX Acquisition and Derivatives License
By Babafemi Adebajo
• 2 mins read
Until FTX collapsed in November, FTX Europe was the only firm offering special crypto derivatives (perpetual futures) to the European market.
Binance and Changpeng Zhao File Motion to Dismiss SEC Lawsuit
By Babafemi Adebajo
• 2 mins read
According to Binance, the SEC lawsuit has no basis in the nation’s securities laws.
Amazon Announces Alexa Model with Generative AI Capability
By Babafemi Adebajo
• 2 mins read
Amazon did not share a timeline for the new Alexa. However, the company noted that the new voice assistant technology will soon be available for US customers.
PayPal Releases First PYUSD Transparency Report, Shows Slow Adoption
By Babafemi Adebajo
• 2 mins read
Despite the slow uptake, the transparency report suggests that PYUSD is effectively backed up by reverse repurchase agreements.