PayPal’s crypto offering could be facing its last days if activist hedge fund Elliott Management has its say. The hedge fund recently took a stake in the beleaguered payments behemoth, according to the Wall Street Journal. The amount of the stake and what Elliott paid was not disclosed. Elliott could encourage PayPal to eliminate its crypto offering…
Share to FacebookShare to TwitterShare to Linkedin Guillermo Rauch, founder and CEO of Vercel, one of more than 300 immigrant-founded billion-dollar … [+] companies. Vercel Tomas Gorny grew up in Poland under communism. But after moving to the U.S. and taking odd jobs like washing dishes and saving money from small ventures, he cofounded the…
The crypto industry is currently going through a crisis that has already crushed some major players like hedge fund Three Arrows Capital and lenders Celsius Network and Voyager Digital. After losing over $2 trillion in less than nine months, the cryptocurrency market has more or less stabilized over the past few days. But it was…
Share to FacebookShare to TwitterShare to Linkedin Flying high: The Titans celebrate a 2021 touchdown in their 23-year-old Nissan Stadium in Nashville. Wesley Hitt/Getty Images The Tennessee Titans are on the verge of getting a new $2.2 billion domed stadium to replace 23-year-old Nissan Stadium that should add hundreds of millions of dollars to the…
International Business Machines (IBM) – Get International Business Machines Corporation Report posted better-than-expected second quarter earnings Monday but cautioned that the impact of the strongest dollar in more than two decades would erode full-year sales by around $3.5 billion. IBM said revenues for the three months ending in June rose 9% from last year to…
Share to FacebookShare to TwitterShare to Linkedin Rings of Power Amazon It is hard to understate just how much Amazon Prime has riding on The Rings of Power, its Lord of the Rings series with a reported billion dollar budget. We are now less than two months away from its debut and marketing is starting…
Anyone who’s dabbled in the housing market during the last two years likely went through a whirlwind. The average sales price of a home—at half a million dollars in the first quarter—was the highest on record; housing supply is near historic lows; and interest rates are hitting the highest weekly increases in decades. Then came…
Share to FacebookShare to TwitterShare to LinkedinBitcoin BTC and cryptocurrency prices have collapsed through 2022, with the bitcoin price losing almost 70% from its all-time high set late last year. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the volatile bitcoin and crypto market The bitcoin price has this week climbed back…
Share to FacebookShare to TwitterShare to Linkedin Thor Love and Thunder Marvel People have started to taken note that the luster is starting to fade a little bit from Marvel projects. I mean granted, that still means billions of dollars and pop culture conversation domination, but here in Phase 4, things feel a bit…different. Supposedly…
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