The cancellation of the WeWork IPO by the We company is expected. The big question is: will WeWork survive this? Apparently, too many bad management decisions have a lot to do with the problems that Wework finds itself in.
Nissan previewed its new EV to the car industry that is said to have a 300-mile range. Experts say that this puts other car manufacturers on thin ice, especially Tesla.
Popular Bitcoin Bull and Fundstrat exec Tom Lee, has said that there is a correlation between the equity market and the Bitcoin market. Lee says that Bitcoin with reach a new all-time high after the S&P 500 stock does as well.
Apple’s new iPhone 11 is experiencing a strong showing and could be the next big thing for Apple in China. The company is expected to absorb the US-China trade tariffs to keep business up and customers as well.
Global prices of crude oil have jumped shortly after major Saudi oil processing plants took several hits from drone attacks. Analysts believe that this attack will like cause serious issues in global crude oil circulation.
Square’s cryptocurrency-friendly payment app Cash App is reportedly testing a new feature allowing customers to buy and sell stocks. The startup’s employees began testing the new feature in recent weeks.
Teeth-straightening provider SmileDirectClub late Wednesday announced that its class A shares were priced at $23 a share, slightly above the $19- to $22-a-share range it had said it would be targeting. But yesterday its shares went down.
Spotify has acquired SoundBetter Music Production Marketplace aiming to diversify its business model from overdependence on music streaming services to enhance its relationship with content creators.
Self-driving car company, Voyage, has pulled in additional funding in a Series B round. The CEO has said that the funds will be directed not only at increasing the company’s staff strength, but also the quality of its service.
The Huobi Group plans a backdoor IPO after acquiring a controlling stake in Hong Kong-based electronics manufacturer Patronics Holdings, a public listed company on HKEX.
The VanEck’s Limited Bitcoin ETF has proved unimpressive so far with only 4 BTC tokens issued. Some crypto experts have also slammed VanEck for its marketing gimmick saying the product is nowhere close to real ETF.
Peloton, the maker of interactive at-home exercise bikes and treadmills with online personal training classes, set a range for its initial public offering (IPO) that could value the company at more than $8 billion.
Google will be shutting down the Google Express shopping platform and merging it with the new Google Shopping. After about 6 years, the platform has failed to properly plant its flag in the online shopping sector.
Cloudflare, provider of a cloud platform for website security and optimization, increased the proposed range for its IPO. They plan to raise $455 million by offering 35 million shares at a price range of $12 to $14.
Using a token on Ethereum to represent the $20 million debt issuance, Santander settled both sides of a bond trade with another set of ERC-20 tokens representing cash held in a custody account.