Latest Articles
Square Invests $50 Million in Bitcoin, Saying Crypto ‘Aligns with the Company’s Purpose’
By Darya Rudz
• 3 mins read
Following the news, Square stock went up. It closed at $183.50 per share on Thursday, or 1.84% up, and is further rising in the pre-market today.
Arthur Hayes Steps Down as BitMEX CEO Following U.S. Government Charges
By Darya Rudz
• 3 mins read
100x Group COO Vivien Khoo will serve as BitMEX interim CEO. Ben Radclyffe, BitMEX Commercial Director, will have more responsibilities for client relationship handling and oversight of financial products.
Louis Vuitton, Chanel and Volvo to Expand their Markets in Thailand via Japanese Chat App Line
By Darya Rudz
• 3 mins read
Line is by far the most popular messenger app in Thailand. After Japan, it is its second-largest market. Right now, it has almost 40 million active users in Thailand.
Chinese Wealth Management Company Lufax Files for IPO in U.S.
By Darya Rudz
• 3 mins read
Lufax will use the proceeds of the IPO for general corporate purposes. They include investment in product development, sales and marketing activities, technology infrastructure, capital expenditures, global expansions, and more.
Apple Announced ‘Special Event’ on October 13 to Reveal New iPhone Models
By Darya Rudz
• 3 mins read
The launch of the new iPhone models will take place a month later than usual, as the coronavirus pandemic disrupted supply chains. But despite the delay, the event is highly anticipated and steeped in rumors.
TSLA Stock Up, Tesla to Cut Starting Price of Its China-Made Model 3 by 8%
By Darya Rudz
• 3 mins read
Previously, the starting price for Model 3 sedans produced at Tesla’s Shanghai factory with a standard driving range was 271,550 yuan. Now, it will cost 249,900 yuan (or $36,805).
Federal Judge Rules that Kik’s 2017 Token Sale Violated US Securities Law
By Darya Rudz
• 3 mins read
Before October 20, the parties have to file either a joint proposal for Kik’s investors, or a document with a proposal on how to proceed.
SGInnovate and Accredify Apply Blockchain to Manage COVID-19 Data in Singapore
By Darya Rudz
• 3 mins read
According to Accredify and SGInnovate, the blockchain-powered health app will launch in October. As the press release reads, the app is potentially an essential tool for both the healthcare sector and the travel industry.
David Guetta Partners with Social VR Platform Sensorium Galaxy
By Darya Rudz
• 3 mins read
According to Sensorium Galaxy, all Guetta’s performances will be hosted at the PRISM world. This a hub for music events developed in partnership with Yann Pissenem, CEO and Founder of The Night League as well as creator of the world-leading nightclubs Hï Ibiza and Ushuaïa Ibiza.
NKLA Stock Drops 7% amid Ongoing Talks with GM and Sexual Abuse Allegations against Nikola’s Milton
By Darya Rudz
• 3 mins read
When the $2 billion deal with GM was announced, Nikola said it expected to close it before September 30. However, the companies have not managed to finalize the agreement.