Elon Musk Implores Fed to Cut Interest Rates or Risk Economy Tumbling into ‘Severe’ Recession
By Tolu Ajiboye
Tesla boss Elon Musk opines that the Fed’s attempts to stem inflation may inadvertently induce a full-blown recession.
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Republicans Lean into Situation between Elon Musk and Apple Over Twitter
The governor noted that Elon Musk is opening Twitter up for free speech, and Apple wants to take that away from him.
Binance Acquires Sakura Exchange BitCoin to Enter Japan Under Regulatory Compliance
By Tolu Ajiboye
Leading crypto exchange Binance has secured regulatory compliance in Japan via the 100% acquisition of local exchange Sakura Exchange BitCoin.
CoinDesk Might Be Heading for Buyout Sooner or Later
By Tolu Ajiboye
Crypto news site CoinDesk has reportedly sparked buyout interest following the platform’s report on FTX and Alameda ties.
Roboto Games Secures $15 Million in Series A Funding Led by A16z
Gaming studio Roboto Games seeks to bridge the Web2 experience with the existing Web3 elements. It will use the fresh funding to build its second game and expand its team.
Investors Worry that Tesla Stock May Take Further Hit from Availability of Cheaper Competition
By Tolu Ajiboye
Tesla stock seems poised to drop further due to increased EV competition and Musk’s recent involvement with Twitter.
Former FTX CEO Sam Bankman-Fried Faces Fresh Lawsuit from BlockFi
American entrepreneur Sam Bankman-Fried has failed to honor a loan agreement with BlockFi.
Tencent and Nio Inks Partnership to Develop Self-Driving Cars
Tencent and Nio Inc’s news has excited investors and potential users, and the shares of Tencent in Hong Kong closed with a gain of 5.85%.
Bitfront Crypto Exchange Announces They Are Shutting Down
By Tolu Ajiboye
After failing to overcome “rapidly evolving” crypto-related challenges, Bitfront is shutting down its crypto operations on March 31st.
FTX Resumes Post-bankruptcy Payments to Employees
By Sanaa Sharma
The compensation comprises cash payments associated with both pre-petition and post-petition durations, which is in consideration for payments of pre-petitions totals based on the orders of the bankruptcy court.
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The primary goal of every business is to make a profit. Making profit involves various economic and commercial activities such as operations, investments, financing, etc.
For the most part, a business starts with a business idea (the thought) and a name. Subject to the idea of the business, broad statistical surveying might be important to decide if transforming the thought into a business is plausible, and if the business can convey an incentive to customers. The business name can be one of the most significant resources of a firm; cautious thought should, in this manner, be given while picking a business name. Organizations working under invented names are usually enlisted with the regulatory bodies. The ownership of a business can either be in a sole proprietorship or a form of partnership among shareholders, although most of the top firms in the world today are jointly owned.
Most organizations are usually based on the structure of a strategy for continuous growth and expansion, which is a conventional record itemizing a business’ objectives and targets, and its systems of how it will accomplish the objectives and destinations. Marketable strategies are practically fundamental when getting capital to start business activities.
It is equally essential to decide on the legal framework of a business. Based on the nature of a business, there might be need to obtain suitable grants, stick to staffing prerequisites, and get licenses to lawfully work. In numerous nations, business firms are viewed as a juridical entity, this implies that they can possess property, procure debt, and be charged in the court of law.
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