The list of collateral victims of the bankruptcy of the FTX cryptocurrency exchange continues to grow. Crypto lender BlockFi announced on November 28 that it had filed for bankruptcy due to its exposure to FTX, which had bailed out the firm during the liquidity crisis that impacted the industry in the summer of 2022. Now…
Earlier this month, TechCrunch argued that startups looking to raise a Series C round were facing a uniquely difficult fundraising threshold. As Series Cs can be considered the first “late” startup stage, companies looking to raise the particular tranche appear to be running into backwash from the public markets, where tech valuations have come down…
Amazon’s Kindle lineup is arguably the gold standard for e-readers. They’re lightweight, have long battery life and can hold hundreds if not thousands of books. Amazon’s entry-level Kindle recently received what amounts to be a big upgrade, without much of a price increase. Previously, the base Kindle was $89, but the 2022 version comes in…
Brace yourself, America; VinFast is on the way. The Vietnam-based electric vehicle maker is taking the slow boat to California as it sends its first batch of 999 VF 8s, the company’s 5-seater electric SUV, to America aboard the Silver Queen, a Panamanian charter ship. The Silver Queen is expected to arrive in the Golden State…
Share to FacebookShare to TwitterShare to LinkedinTopline Florida Gov. Ron DeSantis (R) on Tuesday joined a growing chorus of Republicans criticizing Apple after Twitter owner Elon Musk claimed the tech giant threatened to remove Twitter from its App Store, strengthening the GOP’s ties to Musk and amplifying their shared criticism of major tech companies. Florida…
Have you ever looked longingly at the website of a posh hotel or resort and thought, “Man, I wish I could hang out there.” Well, thanks to startup ResortPass, that might not be as out of reach as you might think. The six-year-old company gives people the option to purchase day passes to more than…
© Reuters. FILE PHOTO: People walk past a screen displaying the Hang Seng stock index at Central district, in Hong Kong, China October 25, 2022. REUTERS/Lam Yik/File Photo UK100 +0.51% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date: Amount:…
© Reuters. A trader walks past the German DAX Index board on the trading floor at the Frankfurt stock exchange, Germany, June 24, 2016. REUTERS/Ralph Orlowski/Files US500 -0.16% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point…
© Reuters. FILE PHOTO: A Chinese flag (C) flutters at the headquarters of China Development Bank (CDB) in Beijing, China September 23, 2018. Picture taken September 23, 2018. REUTERS/Florence Lo By Jorgelina do Rosario and Rachel Savage LONDON/JOHANNESBURG (Reuters) – Sri Lanka owed Chinese lenders $7.4 billion – nearly a fifth of its public external…
4/4 © Reuters. Governor of Bank Indonesia Perry Warjiyo speaks during the annual meeting of Indonesia’s central bank with its financial stakeholders in Jakarta, Indonesia, November 30, 2022. REUTERS/Willy Kurniawan 2/4 JAKARTA (Reuters) – Indonesia’s central bank governor Perry Warjiyo said on Wednesday that monetary policy will remain pro-stability and that energy subsidies next year…
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