Veteran tech executive Wei Zhou and buyout fund Joffre Capital closed their acquisition of Coins.ph earlier this month, the private equity firm has confirmed. Zhou will serve as CEO of the platform, a...
Tag: acquisition
Elon Musk Investigated by Two Separate Agencies Over Twitter Acquisition
The United States Securities and Exchange Commission (SEC) and Federal Trade Commission (FTC) are investigating Elon Musk over his stake in Twitter. The SEC is looking into the billionaire’s delay in ...
Napster to Reinvent Itself as Web3 Business Following Acquisition
Crypto investment firm Hivemind and Algorand have together acquired music streaming platform Napster. The acquisition will see Napster implement Web3 features to revolutionize the music industry. Hive...
Coinbase Execs Dismiss Talk of Robinhood Acquisition
In brief Coinbase executives blew off suggestions the company team up with Robinhood. On an earnings call, the company made clear it intends to stay the course in building for the long term. Coinbase ...
Elon Musk Intends to Reverse Twitter Ban on Donald Trump after Successful Acquisition
Musk’s recent remark about lifting the ban on Trump supports his earlier call for free speech on the social networking platform. Elon Musk, the world’s richest man, has declared his plan to lift the T...
Binance funds Elon Musk’s Twitter acquisition
Binance, the largest crypto-exchange, is on the list of 18 backers of Elon Musk for his $44 billion acquisition of Twitter. Binance on board to fund Elon Musk in his Twitter acquisition A ‘small’ $50...
Binance coin: Can Binance’s acquisition of a stake in Twitter trigger a run-up to $500
Binance Coin price shows signs of an upward move as it recovers above a crucial support level. This potential upswing is likely to evolve into reality as Binance exchange has acquired a $500 million s...
Binance Funds Elon Musk’s Twitter Acquisition With $500 Million
Leading global cryptocurrency exchange Binance has joined the list of companies that have invested in the recent $44 billion acquisition of Twitter made by the Tesla CEO, Elon Musk. Binance Provides $...
Binance Invests $500 Million In Elon Musk’s Twitter Acquisition.
Binance has been among the most successful crypto exchanges in recent years, with its competition grabbing headlines on a daily basis. The latest news about them is that they’ve joined forces to inves...
Cboe wants to move quickly in Crypto Following Exchange Acquisition
ErisX, administrator of the crypto spot market, fates trade, and clearinghouse, to be rebranded as Cboe Digital Acquired business seeks to offer margin crypto futures Cboe is particularly situated to ...
Shopify stock price forecast amid the Deliverr acquisition
The Shopify (NYSE: SHOP) stock price has collapsed after the firm published weak earnings. The shares are trading at the lowest level since 2020, meaning that they have declined by more than 77% from ...
Coinbase’s Acquisition of Brazilian Exchange Mercado Bitcoins ‘2TM’ Falls Apart
38 mins ago | 2 mins read Editors News President Jair Bolsonaro is anticipated to put the bill into law this year. Rio de Janeiro will accept Bitcoin (BTC) payments for taxes on urban real estate. Acc...
Widjaja Family’s Golden Energy And Resources Completes $1.2 Billion Acquisition Of BHP’s Australian Coal Mines
Coal from a mine is stacked at Hay Point, Queensland, Australia. Fairfax Media via Getty Images via Getty Images Golden Energy and Resources—controlled by the Widjaja family—has completed its acquisit...
Musk Reportedly Plans To Take Twitter Public A Few Years After Acquisition
Topline Elon Musk has told investors he’s wooing to fund his $44 billion deal to take Twitter private that they may be able to cash out in as few as three years through a public stock offering, the Wa...
Truist Completes Acquisition of Mobile App Long Game
Truist Financial Corporation, a financial services company, announced on Tuesday that it had acquired Long Game, a gamified finance mobile app. According to the press release, the app uses prize-linke...
GAO’s Latest Report On The F-35 Fighter Acquisition Program Finds No Major Problems. Really.
The F-35 fighter program is a smashing success. How else can you explain the fact that over the last year, Switzerland, Finland, Canada and Germany have all decided to buy it? In the words of the Swis...
Spirit Airlines rejects $3.6 Billion acquisition offer
Spirit Airlines Inc. (NYSE: SAVE) said on Monday that it has turned down a $3.6B cash takeover offer from JetBlue Airways Corp (NASDAQ: JBLU), claiming that the deal is unlikely to be finalized, and i...
Cboe Completes Acquisition of Crypto Exchange ErisX
Cboe Global Markets (Cboe: CBOE), which operates a major derivatives exchange in the US, announced on Monday the completion of the acquisition of Eris Digital Holdings (ErisX), a Chicago-based crypto ...
Musk Reportedly Seeks More Financing For Twitter Acquisition
Topline Elon Musk is looking for additional equity financing for his planned $44 billion purchase of Twitter, Reuters reported Monday, which could allow the billionaire to reduce the amount of his own...
Jay-Z Backed Food Catering Platform HUNGRY Forays Into Healthy Snacks With Acquisition Of NatureBox
HUNGRY has acquired NatureBox, a subscription-based healthy snacks provider from Redwood City, … [+] California, that primarily services corporate employees. NatureBox Technology-enabled food ca...
OFX Group Completes $70 Million Acquisition of Firma
Australia’s OFX Group Limited announced on Monday the completion of its acquisition of Canada-headquartered Firma Foreign Exchange Corporation. The deal, which is expected to expand OFX’s presence in ...
Singaporean watchdog tightens crypto license acquisition process
Considering the upper risk concerned in crypto, the Financial Authority of Singapore (MAS) has tightened the procedure to approve a crypto license for digital quality providers, creating the regime a ...
Bitcoin Acquisition Is Not An Issue: Swiss National Bank
Swiss National Bank, central bank of Switzerland states that acquiring and holding Bitcoin as a reserve currency isn’t an issue for bank. Swiss central bank’s Chairman elaborated that the organization...
Twitter Posts Q1 2022 Financial Report Three Days after Musk Acquisition
Shortly after Elon Musk’s buyout, Twitter posted Q1 2022 earnings report revealing a 16% increase in revenue and 15.9% increase in mDAUs. Twitter Inc (NYSE: TWTR) recently released its Q1 earnings rep...
MSFT Stock Rallies but ATVI Slips to Its Lowest Price Since Proposed Acquisition
The Microsoft (MSFT) deal with Activision Blizzard is expected to close before July 2023. Microsoft Corporation (NASDAQ: MSFT) stock and those of game publisher Activision Blizzard Inc (NASDAQ: ATVI) ...
Bitcoin Tanks After News of Musk’s Twitter Acquisition
Despite maintaining its position as the top blockchain contender for 2022, Bitcoin has a lot of upcoming challenges on its way. Elon Musk is a popular name that can disrupt or create a shortage of tok...
Why Elon Musk’s Twitter Acquisition Is Good For Dogecoin
Elon Musk is now officially the owner of Twitter after the board accepted his $54 billion offer to buy the social media giant. The vast implications of this acquisition remain to be seen but the impac...
The impact on markets of Elon Musk’s acquisition of Twitter
For now, the announcement of the acquisition of Twitter by the famous entrepreneur Elon Musk has only had a modest impact on the crypto Dogecoin. What will be the reaction of the markets in the long t...
Jack Dorsey set to pocket $978M if Elon Musk’s Twitter acquisition closes
Twitter’s co-founder and former CEO Jack Dorsey is poised to receive a significant payday if Elon Musk’s $44 billion acquisition of the social media giant closes, as his Twitter shares wou...
Transactions Worth over $100K Escalate on the Dogecoin Network after Elon Musk’s Acquisition of Twitter
Dogecoin (DOGE) has been in a frenzy in the past 24 hours following the acquisition of Twitter by Elon Musk, the CEO of Tesla Inc. DOGE transactions exceeding $100,000 hit a four-month high at 2,400. ...
Opinion: Berkshire and Buffett have 5 words for sellers who want their money: ‘Take it or leave it’
As fans flock this weekend to Omaha, Neb. for Berkshire Hathaway’s annual shareholders meeting hosted by Chairman and CEO Warren Buffett, you may be wondering what all the fuss is about. The answer: ...