Jack Ma, who is one of the technology heavyweights of all time is stepping down after a prolific career as founder and Chairman of the Alibaba Group. He is known to have been steered Alibaba from idea to startup to Global Technology giant.
It seems that We Company and its main business WeWork are having troubles with their main financier Softbank who is pushing for the company to put its troubled IPO on hold.
As Binance continues to expand its crypto product offering, it has officially launched the Binance Futures platform for users.
When Telegram launches its blockchain, the go-to marketplace for the new gram tokens could be a fledgling exchange with fewer than 4,000 users. At least, that’s what Blackmoon Crypto is hoping.
Tesla CEO Elon Musk, has said that the company would likely release its new pickup truck in November. Musk as described the car as futuristic an amazing, and hopes to make it a lot more affordable than the average Tesla.
Apple’s annual iPhone event is set to hold this month as expected. Here, we review the new developments we should be expecting tomorrow, and if we should be excited.
WeWork has decided to revise downwards its initial valuation to $20 billion. How it intends to go through with the IPO remains unknown. Investors have already indicated skittishness following potential conflicts of interests on the part of the CEO.
Volocopter announced that it has acquired funds amounting to $55 million from its latest Series C funding round to help it compete with the Uber Elevate team in the new Flying taxi service arena.
Copper, a company serving as a custodian for digital assets, has processed $500 million in transactions since its launch in June. This is a 50% increase in volumes month-on-month.
Very lucrative role of the lead underwriter to the forthcoming IPO of state-owned Saudi Arabian Oil Company slated to become the largest public offering in history, will likely fall to JP Morgan Chase & Co.
eToro’s Mati Greenspan is one of those “go-to” guys when it comes to investment analysis. So when he says something, it is always worth noting it for purposes of clarity and direction.
It has come to light that Australia has given a banking license to a new online-only banking firm – Xinja Bank. This way, Australia allows the new banking startup to compete against the four largest companies that dominate this sector.
CEO of Twitter Jack Dorsey said Twitter has no intentions of launching its own crypto project. Instead, he said he plans to continue his support for traditional cryptocurrencies, particularly Bitcoin.
Uber recently sent out an in-app survey to some drivers that indicated the company is starting to build a “new financial product” designed to help Uber drivers “in a time of need.”
Bakkt announced that it is opening a Warehouse. Its potential clients are those customers willing to deposit Bitcoin as well as withdraw it. It seems that the company is preparing for the introduction of its futures.