When Virgin Orbit went public, its valuation was pegged at around $4 billion, however, the tides have shifted over the past few months with the company’s market capitalization now pegged at around $65.38 million.
WonderFi (WNDR), Coinsquare and CoinSmart as a combined entity will have a total of 1.65 million users and more than $600 million in assets under custody.
Li.Fi said that the fundraise will help them execute their long term strategy of getting more users into the Web3.
According to the company, it has plans to produce a total of 1.8 million vehicles with the total delivery expectations pegged around that figure.
Google’s chief of finance referred to the 2008 times when the expenses were growing faster than the revenue, and thus they have decided on an internal rejig in that regard.
US government agencies have been actively encouraging similar ideas associated with financial literacy since 2003 when April was formally appointed the National Financial Capability Month.
A new deal sees the WWE and UFC merge under the same umbrella for all-round combat sports offerings subject to regulatory approval.
The linkup between GoHenry and Acorns is destined as both companies have been working together for some time already.
ByteDance spectacular performance comes despite uncertain macro conditions and a major fall for tech companies in 2022.
Li Auto claims to have grabbed 20% of the total market for SUVs in the price range of 300,000 yuan ($43,674) to 500,000 yuan.
Alchemy’s new raise of $10 million was single-handedly funded by market maker DWF Labs.
The 422,875 deliveries Tesla made for Q1 2023 surpassed the company’s previous record of 405,278 in Q4 2022.
If the transaction goes through, SES and Intelsat will form a single company valued at about $10 billion including debt.
The UK banks increased the pressure on crypto companies following the collapse of Signature Bank and Silicon Valley Bank which affected the US.
Tesla CEO Elon Musk appears set to visit China amid an increasingly frosty relationship between Beijing and Washington.