Elon Musk admitted he has a bit of buyer’s remorse over his $44 billion acquisition deal for Twitter — but the mercurial mega-billionaire believes the social network will be worth far more in the futu...
Tag: Billion
Amazon Faces $1 Billion U.K. Suit—Latest Alleged Antitrust Violation Against The Company
Topline Amazon faces a $1 billion class action lawsuit expected to be filed in the United Kingdom by the end of the month over claims the e-commerce giant’s use of a “secretive” algorithm that directs...
Ethereum Whales Add $4.55 Billion Worth of ETH Since September 11
The crypto sector has been trapped in bearish patterns for several weeks, and even big tokens such as Ethereum are under tremendous pressure. This has resulted in the massive dumping of tokens which h...
GoTo in Talks With Alibaba, SoftBank for $1 Billion Stake Sale
(Bloomberg) — Indonesia’s largest tech company GoTo Group is in talks with its major owners for a controlled sale of roughly $1 billion of their stakes, aiming to avoid a potential stock crash w...
DeFi Has a $4 Billion Hacking Problem. EOS Has a…
If there’s been one motif that’s defined this bear market, it’s hacks and exit scams. Which are essentially the same thing. One minute your money’s there. The next it’s gone. And while it would be eas...
Biden administration awards $2.8 billion in grants for electric vehicle battery manufacturing
Workers marry the body structure with the battery pack and the front and rear sub frames as they assemble electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitl...
Biden awards $2.8 billion for electric vehicle battery manufacturing
U.S. President Joe Biden delivers remarks to highlight electric vehicle manufacturing in America, during a visit to the Detroit Auto Show, September 14, 2022. Kevin Lamarque | Reuters The Biden admini...
SPAC liquidations top $12 billion this year as sponsors grapple with tough market, new buyback tax
Chamath Palihapitiya, Social Capital Founder and CEO CNBC A new buyback tax has motivated more and more SPAC sponsors to close up shop before the year-end, adding another headwind to the blank-check s...
BMW to invest $1.7 billion in U.S. to produce electric vehicles
BMW Group plans to invest $1.7 billion in its U.S. operations to build electric vehicles and batteries, the company announced Wednesday. The investment will include $1 billion to prepare for productio...
Why Sweden’s $41 Billion of Property Debt Is Alarming Europe
(Bloomberg) — Even in Sweden few people knew much about Castellum AB. Yet the hurried sale of 40 million shares in the property company earlier this month is now seen by some as a harbinger of t...
Blockchain Hackers Stole Nearly Half a Billion in Q3 2022
Even though the cryptocurrency market is in a deep slump, cybercriminals are still actively hacking blockchain technologies or launching scams. According to the data analyzed by the Atlas VPN team, bl...
NFL Revenue ($18 Billion) Keeps Going Up, But Quality Of Play (3-3 Teams) Keeps Getting Sacked
INGLEWOOD , CA – OCTOBER 17: Russell Wilson (3) of the Denver Broncos is knocked down by Chris Rumph … [+] II (94) and Kenneth Murray Jr. (9) of the Los Angeles Chargers during the fourth ...
Hacker Withdraws 200 Billion Fake BitBTC From Optimism Bridge
The Optimism bridge supporting privacy coin BitBTC is actively being exploited for 200 billion BitBTC tokens. Due to the technicals of the hack, the BitBTC team now has less than 7 days to implement ...
Record Billion USD in Bitcoin Transferred as This Report Says Bitcoin May Begin Rising Soon
Yuri Molchan Anonymous whales have shifted nearly billion USD in BTC within one hour, here’s what may be behind this Popular crypto tracking service Whale Alert, which traces big crypto transact...
Carnival Corp. announces offering of $1.25 billion of high-yield bonds due 2028
Carnival Corp. & plc CCL, +10.44% said Tuesday that its Carnival Holdings (Bermuda) Ltd. has commenced an offering of $1.25 billion of senior priority high-yield bonds that mature in 2028. Proceed...
US Banks Make $100 Billion on Interest Rate Rises – Trustnodes
Rising interest rates are fattening banks profits with Bank of America seeing a jump of 24% in its net interest income to $14 billion. That’s the spread or difference between what they charge borrower...
DeFi TVL Rebounds to the $54 Billion Mark, Eth-based MakerDAO Remains Dominant Lender
Fresh data from tracking service DeFi Llama shows that the total value locked (TVL) in decentralized finance (DeFi) protocols has rebounded to the $54 billion mark. According to the data, the total TV...
2.5 Billion LUNC Burned in Recent Hours as LUNC Community Awaits Price Gain
The top cryptocurrency exchange, Binance, published the results of its third batch burn on Oct. 17. According to the data updated on its website, LUNC tokens worth $659,300.76, or 2,500,382,131.16 LUN...
Binance Burns Over 2.5 Billion Terra Classic ($LUNC) Tokens
The world’s largest crypto exchange Binance burned over 2.5 billion Terra Classic (LUNC) tokens in the third batch of the Binance burn mechanism. With the completion of 3rd batch, Binance has sent nea...
Tennessee Titans Reach Deal For New $2-Plus Billion Stadium That Will Fatten The Team’s Value
Tennessee Titans controlling shareholder Amy Adams Strunk Getty Images The stadium agreement is a major win for Titans controlling shareholder Amy Adams Strunk. The Tennessee Titans have reached an ag...
Plans Progressing For Tennessee Titans To Build $2.2 Billion Domed Stadium
A planned location for a new domed stadium for the Tennessee Titans. Tennessee Titans When weighing the price tag of renovations to the 1999-opened Nissan Stadium and constructing a new domed stadium ...
USDC’s Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance’s BUSD Climbs 3% – Altcoins Bitcoin News
19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today’s $44....
BP Buys Renewable Natural-Gas Company in $4.1 Billion Deal
By Chris Wack Oct. 17, 2022 8:17 am ET Listen to article (1 minute) Archaea Energy said Monday it is being bought by BP PLC for $26 a share in cash, or a total enterprise value of $4.1 billion, includ...
Archaea Energy stock soars 51% premarket on news of takeover by BP in $4.1 billion all-cash deal
Archaea Energy Inc. LFG, -4.90% said Monday it has entered an agreement to be acquired by BP PLC BP, -2.63% for about $4.1 billion in cash including about $800 million of debt. The cash consideration ...
Ethereum whales dump over $4 billion of ETH in five weeks pushing price 25% lower
As the majority of the cryptocurrency sector continues to move in a bearish pattern, its second-largest asset by market capitalization – Ethereum (ETH) – has been under the increased pressure of its k...
Indonesia’s Blibli To Raise $528 Million Through IPO At $3.5 Billion Valuation
Martin Hartono, chief executive officer of GDP Venture, speaks during a panel at the Forbes Global … [+] CEO Summit in Singapore on September 27, 2022. Edwin Koo/Bloomberg Global Digital Niaga, ...
Instacart Cuts Its Valuation for a Third Time to $13 Billion
(Bloomberg) — Instacart Inc. is slashing its valuation to about $13 billion and steering clear of a highly anticipated public stock listing until market conditions improve, according to people f...
While Its Lost 94% in Value Since the Collapse, Terra’s Fractured Ecosystem Is Still Worth $2.5 Billion – Altcoins Bitcoin News
It’s been five months since the Terra ecosystem collapsed as tens of billions of dollars in value disappeared from the crypto economy in a matter of days after May 7. Terra’s new Phoenix blockchain ma...
Gates Foundation Pledges $1.2 Billion To Polio Eradication
Topline The Bill and Melinda Gates Foundation announced Sunday it will donate $1.2 billion to help eradicate wild polio in the two remaining countries—Pakistan and Afghanistan—where the virus is endem...
China’s Digital Yuan Has Topped Over $14 Billion in Transaction Volume
The Chinese Central Bank Digital Currency (CBDC) also known as the e-CNY has hit close to $14 billion (100.04 billion Yuan) from 360 million transactions as it gains widespread acceptance in the count...