Herbert Diess, CEO of Volkswagen Sean Gallup | Getty Volkswagen CEO Herbert Diess will leave the company at the end of August, the company said Friday. Oliver Blume, currently the CEO of Volkswagen su...
Tag: giant
Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions – Bitcoin News
China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of the strict ban...
Germany Bails Out Energy Giant Uniper In Latest Sign Of Deepening European Energy Crisis
Topline The German government will take a 30% stake in flailing German energy company Uniper at a multibillion dollar price tag, the company announced Friday, in a massive bailout showing the dire con...
Video Game Giant Square Enix Plans to Drop a Final Fantasy VII NFT Collection in 2023 – Bitcoin News
According to the non-fungible token (NFT) company Enjin, the firm has inked a deal with the Japanese entertainment conglomerate and leading video game developer Square Enix. The partnership will produ...
ISRG Stock Dives: How Covid Took A Swipe At Robotic Surgery Giant Intuitive Surgical
A resurgence in Covid cases weighed on Intuitive Surgical‘s (ISRG) second quarter, causing ISRG stock to plummet Thursday following the robotic surgery giant’s report. X During the June qu...
China Fines Ride-Hailing Giant Didi $1.2 Billion, Citing Cybersecurity Breaches
SINGAPORE—Chinese authorities fined ride-hailing company Didi Global the equivalent of about $1.2 billion, bringing an end to a yearlong investigation into the company’s cybersecurity practices. The f...
Chinese Ride-Sharing Giant Didi Global Fined More Than $1 Billion In Year-Long Cybersecurity Probe
Didi’s ride-sharing app. Costfoto/Future Publishing via Getty Images Chinese authorities have decided to impose an 8 billion yuan ($1.2 billion) fine on embattled ride-sharing giant Didi Global,...
Kucoin Scores Funding And Partnership From Wall Street Trading Giant
Founded in Singapore five years ago, Kucoin has expanded its services to cover crypto lending and … [+] NFT trading services. Jakub Porzycki/NurPhoto via Getty Images Crypto exchange Kucoin said...
Netflix’s earnings results mark a key pivot point for streaming giant
Co-founder and CEO of Netflix Reed Hastings attends a red carpet for the Netflix launch at Palazzo Del Ghiaccio on October 22, 2015 in Milan, Italy. Jacopo Raule | Getty Images Netflix‘s second-...
European Banking Giant BNP Paribas to Introduce Crypto Custody Services (Report)
BNP Paribas – a French international banking group – reportedly partnered with Metaco to start providing cryptocurrency custody services to its clients. According to a recent coverage, one of the lead...
Crypto Giant Grayscale Says Crypto Bear Market Began in June 2022 – Here’s How Long It Could Last
Researchers at the crypto asset management giant Grayscale think the current bear market could last for the rest of 2022 and into 2023. In a new analysis, Grayscale researchers Matt Maximo and Michael...
Payment giant SWIFT affirms digital assets are a ‘key topic on the innovation agenda’
As the use of cryptocurrencies becomes more widespread, an increasing number of financial firms and banks have started to take steps that might pave the way for the implementation of digital assets. ...
Where Is Bitcoin Giant Binance Headquartered? Answer Coming ‘In Due Time’
In May of last year, when the CEO of the world’s largest crypto exchange was asked where his company is headquartered, Changpeng Zhao’s, or CZ for short, answer was that Binance has no hea...
French Giant Bank BNP Paribas to Launch Crypto Custody Business
France-based BNP Paribas, the second largest global bank in Europe, has become the latest banking giant to enter the crypto custody business. BNP Paribas announced on Tuesday that it has partnered wit...
Two Giant Miners Warn of Tougher Times as World Demand Wavers
(Bloomberg) — Mining giant BHP Group has joined rival Rio Tinto Group in signaling more turbulence to come for commodities producers as costs balloon and demand for everything from iron ore to c...
Why Goldman Sachs Group Is A Top 25 Dividend Giant
Goldman Sachs Group has been named as a Top 25 ”Dividend Giant” by ETF Channel, with a staggering $14.58B worth of stock held by ETFs, and above-average ”DividendRank” statisti...
NFT Giant OpenSea Unveils Solana Launchpad
OpenSea announced kicking off the Solana launchpad to allow creators to host a new mint from beginning to end on the NFT marketplace. According to the official blog post, OpenSea will guide creators t...
Sleeping Giant Awakens, Bitcoin Sees Spike In Transactions Above $1M
Bitcoin has been slowing down on its bullish momentum over today’s trading session, but the crypto market continues to push to the upside. BTC’s price still records profits in the last 24 hours and 7 ...
Chinese Lithium Giant Pulls EVs Deeper Into Forced Labor Glare
(Bloomberg) — A lithium producer for carmakers including BMW AG and Tesla Inc. is beginning work to assess battery metals projects in Xinjiang, deepening links between electric vehicle supply ch...
Dow Jones Giant UnitedHealth Breaks Out, Leading 5 Stocks To Watch
Dow Jones stock UnitedHealth Group (UNH), AbbVie (ABBV) and Shockwave Medical (SWAV) are this week’s top stocks to watch, breaking out or setting up near buy points. X EV stock Li Auto (LI) and ...
Banking Giant JPMorgan Says Lowered Cost of Bitcoin Production May Hurt Its Price – Here’s Why
Analysts at financial giant JPMorgan say the reduced cost of producing Bitcoin (BTC) may hurt the price of the leading digital asset. According to a new report, JPMorgan analysts say Bitcoin’s cost of...
Why Chinese Car Giant Geely Bought Struggling Smartphone Maker Meizu
Geely chairman Li Shufu. Tomohiro Ohsumi/Bloomberg Chinese billionaire Li Shufu’s Geely has acquired Meizu, one of China’s earliest smartphone makers, in a move expected to help the Chinese car giant ...
Dow Jones Futures: Market Rallies Back As Fed Hawks Say This; Tesla Rival Soars, Dow Giant UnitedHealth On Tap
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally fought back from big morning losses to close mixed on Thursday as two hawkish Fed o...
After 1 Month Of Halting Customers’ Withdrawals, Giant Crypto Lender Celsius Goes Bankrupt ⋆ ZyCrypto
Advertisement     Blockchain-based lending platform Celsius Network is officially bankrupt. The financial crisis that has remained dominant in the crypto space of late...
Saving for Retirement? Investment Giant Says Make These 3 Moves By Years End
An hourglass sits next to a stack of coins. T. Rowe Price recently published its year-end tips for retirement savers. T. Rowe Price says there are several moves that people saving for retirement shoul...
Crypto Firm WhaleFin Seals $42m Kit Deal With Spanish Soccer Giant Atletico Madrid
The Spanish soccer giant Atletico Madrid has confirmed that the club will feature crypto firm WhaleFin as its kit sponsor for next season. Crypto Platform WhaleFin Have Signed A Kit Sponsorship Deal W...
South Korean Tech Giant SK Telecom to Launch Its First Web3 Wallet – crypto.news
SK Telecom, a major South Korean telecommunications company, has joined forces with other blockchain companies to build a digital wallet that can store cryptocurrencies, nonfungible tokens, and digita...
Korean Fintech Giant Dunamu to Create 10,000 Web3 Jobs and Invest $380 Million (Report)
Dunamu – the company behind South Korea’s leading crypto exchange Upbit – plans to invest 500 billion won ($380 million) in the next five years and create approximately 10,000 new job positions. Expan...
Brazilian Payments Giant PicPay Is Set To Integrate Crypto Payments ⋆ ZyCrypto
Advertisement     PicPay, one of the largest payments platforms in Brazil, has disclosed plans to integrate crypto payments in diverse forms on its app. As one of the ...
Norwegian oil giant Equinor to buy U.S.-based energy storage firm
Although it is involved in renewable energy projects, Equinor is a major producer of fossil fuels. The Norwegian state has a 67% holding in the company. Hakon Mosvold Larsen | Afp | Getty Images Norwa...