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30-Year Mortgage Rates Spikes to Two-Decades High as Fed Fights to Lower Inflation
By Steve Muchoki
• 3 mins read
The affordability of funding new houses is expected to strain the already heavily taxed small businesses and individuals.
Adidas and Moncler Announce Strategic Collaboration to Enhance Co-creation via Campaign The Art of Explorers
By Steve Muchoki
• 3 mins read
The collaboration between Adidas and Moncler is meant to help both companies increase their sales volume amid heightened competition from other clothing companies.
Tesla Announces Lower than Expected EV Deliveries in Q3 2023, TSLA Shares Slightly Up
By Steve Muchoki
• 3 mins read
The downtime for the Tesla factory upgrades caused the decline in production and deliveries of electric vehicles in the third quarter compared to the second and first quarters.
Bill Ackman Says His SPARC Funding Vehicle Would Work on Deal with Elon Musk’s X
By Steve Muchoki
• 3 mins read
Ackman received a green light from the United States SEC with an intent to invest a minimum of $1.5 billion in private companies seeking to go public without following the traditional IPO route.
Bitwise to Launch Two Regulated Ethereum (ETH) Futures Today, on October 2
By Steve Muchoki
• 3 mins read
Bitwise will be introducing its customers to CME futures through the AETH and BTOP products that expand the company’s suite of crypto products amid heightened demand from institutional investors.
VanEck Announces Upcoming Launch of Ethereum Futures ETF (EFUT)
By Steve Muchoki
• 3 mins read
VanEck will not invest in Ethereum directly since the product tracks Ether futures that are traded on the Chicago Mercantile Exchange (CME).
AI Firm AlphaSense Raises $150M in Series E Funding Round at Valuation of $2.5B
By Steve Muchoki
• 2 mins read
Earlier this year, AlphaSense closed a Series D funding round with $100 million.
International Cricket Council (ICC) and NEAR Foundation Announces Strategic Partnership to Forster Fan Engagement via Web3 Platform
By Steve Muchoki
• 3 mins read
The NEAR Foundation has become the official blockchain partner for ICC in a bid to help fans interact more with their favorite teams and players.
IBM and Microsoft Joins Forces with Other Entities to Form Post-Quantum Cryptography (PQC) Coalition
By Steve Muchoki
• 3 mins read
The Post-Quantum Cryptography coalition is geared towards providing the architecture and information on how to protect data from decryption by quantum computers.
Gemini to Inject $24M in India to Enhance Its Infrastructure Development Plan at Gurgaon
By Steve Muchoki
• 3 mins read
Gemini began its venture into the Indian market earlier this year after it announced the opening of its second-largest office in Gurgaon.