China’s Bitcoin Mining Firm Canaan Creative to Launch Its IPO Next Week on Nasdaq
Failing to go public on the China and Hong Kong exchanges, Canaan now will make its public listing through the Nasdaq platform.
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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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Failing to go public on the China and Hong Kong exchanges, Canaan now will make its public listing through the Nasdaq platform.
Amazon has promised to make a new grocery store totally different from Whole Foods and Amazon Go stores.
Apple is currently building up its resources to launch its augmented-reality headset in 2022 and AR glasses by 2023.
SBI Holdings and Fukushima Bank formed a partnership that will see the reduction of operational costs and contribution to “regional revitalization.”
Swedish E-scoter firm Voi has reportedly raised about $85 million in its second funding round in 8 months. The funds will be used to ramp up work on its kick scooters as well as software development.
M-DAQ will be working with Samsung to bring its cross-border payments and currency trading solutions across South Kore and East Asia.
Saudi Aramco has indicated in its prospectus that less than 1% of its shares are available for retail investors in its upcoming IPO.
Salesforce has created a new content management system that can be integrated with the company’s products and third-party systems as well.
Silvergate is planning to sell more than 3.3 million shares of its Class A common stock, at $12 per share.
Ousted Bitmain co-founder Michree Zhan has threatened to seek legal redress to retain his position as co-founder of the company.
With a massive funding commitment from a banking giant, Xerox is planning to take over HP which is three times its size.
Vertical Research Partners describes the stock of Virgin Galactic Holdings Inc. as a “one-of-a-kind opportunity to invest in space tourism.”
The mobile application for trading shares called Robinhood has a dangerous exploit that allows traders to raise money out of thin air.
It has been revealed that Xpring, Ripple’s investment arm, invested in Flare Networks, a platform for smart contracts.
Binance CEO Changpeng Zhao (CZ), has suggested that Bitcoin price will hit $16,000 sometime soon. According to him, 1.4 billion people are currently working (directly or otherwise) to push the king coin to new heights.