Ant Group raised over $34.5 billion in Hong Kong and Shanghai. The company recorded a huge retail investors bid of $3 trillion which equals the Gross Domestic Product (GDP) of the United Kingdom.
In Q3 2020, MoneyGram continued to receive huge “market development fees” from its investors. Its major partner Ripple handed over $9.3 million over the period.
Of the top tech firms, Alphabet seems to be the most threatened as there are reports that the authorities may force the splitting of Google to shrink its outright dominance in the search engine and advertisement niche.
CZ responded to the publication stating that the document was not produced by a Binance Holdings Limited employee as claimed.
Ripple’s strong partner and Japanese financial giant SBI Holdings wants them to relocate to Japan as the blockchain startup faces major regulatory hurdles in the U.S.
Netflix announced on Thursday that its customers who have subscribed to standard and premium plans will be parting away with $13.99 and $17.99 respectively.
Alphabet released profitable financial results for the third quarter, which ended on the 30th of September. The company recorded $46.17 billion in total revenue, crushing Refinitiv estimates of $42.90 billion.
Such a surge in Amazon’s revenue resulted from the coronavirus pandemic that made people stay at home and order online instead of doing shopping in stores.
Alongside the earnings release, Facebook also gave an overview of the user activity and data on its platforms and revealed a dip in the Daily Active Users and Monthly Active Users in the U.S. and Canada.
Apple registered a 20% drop in the sales of its flagship iPhone smartphone during Q4 2020. Probably, enthusiasts have been waiting for the release of the latest flagship iPhone 12 5G, announced earlier this month.
LVMH has now decided to settle for a less in its acquisition of Tiffany & Co, ending a bitter dispute that the COVID-19 pandemic triggered.
Massachusetts-Based biotechnology company Moderna Inc (NASDAQ: MRNA), one of the top pharmaceutical companies in search of a COVID-19 vaccine, has released its Q3 financial earnings while confirming its preparations to meet up with the expected surge in demand for its vaccine once approved.
FTX cryptocurrency derivatives exchange has unveiled a new offering to its customers involving the ability to trade top Wall Street stocks against a limited array of digital currencies.
Australia’s first capital raising platform to accept AUD and cryptocurrency, which operates an aquaculture farm in Malaysia, is accepting crypto assets in its first initial public offering (IPO).
The shares of giant electronic company Sony Corporation (NYSE: SNE) are on the verge of breaking out and reaching a new decade all-time high.