After two extensions in less than three years, authorities in London have ruled that Uber’s license to operate will not be renewed.
Earlier this year, Paytm began fundraising efforts to pick up close to $2 billion but trimmed the size of the round amid heated competition and widening losses in the digital payments segment.
Citing unnamed sources, the WSJ report mentions that Bridgewater Hedge Fund expects a major correction in the market by 2020. However, Ray Dalio refuted the claims.
Elon Musk has indicated that 200,000 pre-orders were made on Tesla’s Cybertruck. However, TSLA stock hasn’t been seriously influenced.
Crypto and traditional markets slide as the U.S. and China are yet to resolve their trade disputes. Bitcoin, XRP, Ethereum and others have significantly lost in value.
World Chess is going to issue tokens that will use blockchain ledgers to simplify the fundraising process and will be convertible to shares at a later point.
WeWork is set to layoff 2,400 workers and an extra 1,000 are expected down the line as the company sells its businesses and outsources some kinds of works.
A deal between Charles Schwab and TD Ameritrade could create a behemoth with $5 trillion in combined assets and consolidate the industry that has been going through massive disruption.
Uber’s former CEO has been selling off large amounts of his shares, with a total figure nearing $1.5 billion.
Tesla has unleashed its much-anticipated futuristic Cybertruck but the news had little impact on the TSLA stock gaining just 0.74% to trade at $354.83.
Apple has had a great year especially with the release of some of its new products. Currently, Apple stock is trading for $262 while a year ago its price was $172.
As per its previous plans, Canaan was looking to raise anywhere around $400 million but fell short by 75% of its target.
About a year after Mercedes announced its EQC all-electric vehicle, the company has now placed a price tag on the car.
PayPal has announced that they reached an agreement for acquiring Honey, the money-saving browser extension and app.
Bloomberg panelists agreed to one point that Bitcoin is the head-turner during the times of global uncertainty or events like recission.