As Britain witnesses a strong surge in the use of digital money, the BoE deputy governor believes that having a Digital Pound CBDC can exactly cater to this transition.
Hewlett Packard’s net revenue jumped 13% year-over-year while the company is also expecting robust demand in the foreseeable future.
Leading data provider for staking and crypto-growth tools, Staking Rewards has raised the sum of 3 million Swiss Francs ($3.2 million), a funding round that was co-led by three of the world’s biggest asset managers in the cryptocurrency ecosystem.
Tesla’s new automobile factory that is coming up in Austin, Texas, will cost Musk more than $1 Billion. The massive workshop, which is being called the Gigafactory, will essentially finish up the construction of its major elements by December 31st.
ORIGYN secured the new funds ahead of the launch of its OGY token.
Mogo, a financial technology company, announced a minority investment in Gemini on the 23rd of November.
The Turkish lira continued its drop to unprecedented levels against the dollar on Tuesday. The currency hit an all-time low of 12.49 to the dollar. This amounts to a 20% loss in value since last week alone.
Artificial intelligence company SenseTime is now ready to go public as it plans toward its Initial Public Offering.
The TSLA stock gained momentum on Monday as Musk promises to deliver Model S Plaid by March 2022. Tesla competitor Rivian faces major challenges on battery range for its all-electric Rivian vans.
Movie production and streaming giant, Netflix has announced the acquisition of Munich-based visual effects company, Scanline VFX for an undisclosed sum.
Chinese Internet technology company NetEase is all set to initiate an initial public offering (IPO) of its music streaming unit – Cloud Village. The company is eyeing a valuation of about $500 Million.
Fed Chairman Jerome Powell will be continuing for the next tenure as per the White House announcement. On Monday, the Treasury Yields soared while tech stock came under pressure.
Some of the tech firms’ stocks that emerged as giants in their initial public offerings (IPOs) saw a dive as the week started on the 22nd of November.
Crypto payments infrastructure service provider, MoonPay has announced the successful completion of its first-ever venture capital funding round where it raised the sum of $555 million.
Elon Musk has given an insight into the possibility of Tesla’s luxury car brand, the Model S Plaid, to launch in China by the end of the first quarter of 2022.