Trading firm Genesis to get $140 million equity infusion from parent company DCG

Digital Currency Group (DCG), the parent company of crypto trading firm Genesis,  is stepping in to provide a $140 million equity infusion to Genesis after it said that its derivatives business had $1...

Meta Confirms Layoffs—11,000 Jobs Cut At Facebook’s Parent Company

Topline Meta, the parent company of Facebook, WhatsApp and Instagram, confirmed plans to lay off thousands of workers on Wednesday, the latest tech giant to trim headcount amid gloomy economic forecas...

Facebook Parent Meta Gears for Mass Layoffs Amidst Revenue Drop: WSJ

After Twitter’s mass layoffs caused a stir in the tech world, Meta appears to be following suit. According to a Wall Street Journal report, the owner of Facebook and Instagram will begin trimming staf...

STEPN’s Parent Company Launches NFT Marketplace and Launchpad

Find Satoshi Lab, the parent company of the popular move-to-earn project STEPN, announced Tuesday the launch of its new NFT marketplace and launchpad dubbed MOOAR. What is MOOAR? MOOAR is a platform d...

Mad Money’s Jim Cramer Apologizes for Being Wrong About Facebook Parent Meta After Stock Plunges – Featured Bitcoin News

The host of Mad Money, Jim Cramer, has apologized to investors for being wrong about Facebook parent Meta Platforms after its stock plunged to a record low. “I made a mistake here. I was wrong,” he sa...

Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3, Expects Losses to Grow in 2023

For the company as a whole, Meta reported adjusted quarterly earnings per share for the third quarter of $1.64, missing the analyst consensus estimate of $1.90, according to FactSet, while Meta’...

Meta Stock Crash Steepens As Facebook Parent Grapples With Recession Fears

Topline Facebook parent Meta Platforms reported earnings Wednesday that fell short of expectations, pummeling the company’s stock in after hours trading as the social media giant with metaverse ...

AOC offers tip for parent borrowers

Rep. Alexandria Ocasio-Cortez (D-NY) this week took to Instagram Live and Twitter to explain how parent borrowers benefit from President Joe Biden’s student loan forgiveness. Not only are student loan...

zkSync Parent Firm Sets to Launch Layer 3 Testnet ‘Pathfinder’ in Q1 2023

Matter Labs has announced its pending testnet launch – a new layer 3 Ethereum scaling prototype called ‘Pathfinder,’ which will be released in the first quarter of 2023 and could turn out to be ...

T-Mobile Parent Company Says It Supports Ethereum As Giant Launches New Staking Validator

The parent company of mobile communications giant T-Mobile says it’s launching an Ethereum (ETH) staking validator as part of its support for the world’s second-largest blockchain by market cap. Accor...

T-Mobile Parent Deutsche Telekom Launches Ethereum Validator, Staking Support

Telecom giant Deutsche Telekom, parent company of T-Mobile, has announced that it will run a validator to support Ethereum staking.  The German company said Thursday that its T-Systems Multimedia Solu...

Facebook parent is no longer one of 10 most valuable U.S. companies. Here’s what just overtook it.

Meta Platforms Inc. is furthering its descent through the ranks of the biggest companies in the U.S., this time falling below Exxon Mobil Co. for the first time in more than five years. The Facebook p...

U-Haul Parent Amerco Stock Looks Cheap. Buy It Before It Gets Moving Again.

Amerco spends little on ads because its U-Haul trucks and trailers are rolling billboards for its services. Don & Melinda Crawford/Education Images/Universal Images Group via Getty Images Text siz...

21Shares Parent Firm Becomes Switzerland’s Crypto Giant As Gets Valued At $2B

The popularity of crypto sector is climbing higher daily. More companies are diving into the industry, given its high potential for making more profits than most conventional assets. These emerging fi...

21Shares’ Parent Raises $25M – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News

21.co, the parent crypto ETF guarantor 21Shares, has reported bringing $25 million up in a financing round The company is now valued at $2B Following the most recent capital mixture, the organization ...

21Shares Parent Company 21.co Raises $25M at $2 Billion Valuation

21.co, parent company of crypto investment firm 21Shares, has raised $25 million in a funding round led by London-based hedge fund Marshall Wace. Other investors in the round include Collab+Currency, ...

Regal Cinemas Parent Company Cineworld Files For Bankruptcy In U.S.

Topline Cineworld, the parent company of Regal Cinemas and the second-largest largest movie theater chain in the world, filed for Chapter 11 bankruptcy in the U.S. on Wednesday, after the theater indu...

Crypto ETP provider 21Shares’ Parent Firm Raises $25m

21.co, the parent company of European ETF issuer 21Shares, has completed a $25 million financing led by Marshall Wace at a valuation of $2 billion. Other investors include Collab+Currency, QuietVentur...

21Shares Parent Fetches $25M Funding, Post-Money Valuation Hits $2B

21.co, the parent crypto ETF issuer 21Shares, has announced raising $25 million in a funding round led by Marshall Wace. Following the latest capital infusion, the company is now valued at $2 billion....

Crypto Investment-Product Firm 21Shares’ Parent Raises $25M, Pushing Valuation to $2B

The round, led by alternative investment firm Marshall Wace, comes as the crypto market faces what some observers are calling a crypto winter. The total cryptocurrency market cap has slumped to less t...

21Shares’ Parent Company Valued at $2B After Marshall Wace-led Fundraise

London-based hedge fund Marshall Wace has previously invested in Circle, ConsenSys, Lukka and TRM Labs “We want all of our products in every single geography,” 21.co CEO said Investors have valued the...

Walmart Goes After The Pet Parent Market With The Dodo Partnership

A dog with one of the toys in the new The Dodo product line at Walmart. Walmart/The Dodo WalmarWMT t is looking to expand its reach in the pet category with a collaboration with pet-centric media bran...

Snapchat’s parent company shutters Web3 division amid layoffs

Snap Inc’s CEO Evan Speigel announced in a note on Friday that the company had made the difficult decision to reduce the size of its workforce by approximately 20%.  The note said that this roun...

iTikTok’s parent firm ByteDance denies rumors of an IPO

ByteDance, the parent company of short video sharing platform TikTok, has ruled out plans of going public following several months of a speculated initial public offering (IPO).  The development was c...

Moonbirds Parent Firm PROOF Closes $50M Series A Round Led by A16Z

PROOF, the parent company of Moonbirds NFT, has received $50 million in Series A financing in a new round of financing led by a16z. Other participants in this round of financing were venture capital f...

I prefer McDonald’s over KFC parent Yum Brands

Verizon: “I’m not crazy about it. It does yield 5.85%. They have the ability to raise the dividend, but I think over time it’s a wasting asset. If it does jump to like $45 or $46, I ...

3M Unit Defends Request to Shield Parent From Mass Earplug Lawsuits

Lawyers representing 3M Co. ’s bankrupt Aearo Technologies LLC subsidiary defended its request to a bankruptcy judge to extend a litigation stay to the parent company to resolve mass earplug lawsuits,...

Google’s Parent Company Alphabet Invested Most in Blockchain: Report

Recently blockchain space data and insights provider, Blockdata released a blog consisting of companies invested heavily within crypto and blockchain related companies. Alphabet remained at the top of...

Google parent Alphabet invested $1.5B into blockchain startups since September 2021

Over $6 billion was invested in blockchain startups by 40 public companies from September 2021 to June 2022, according to CB Insights. Available data indicates that Google’s parent company Alphabet to...

Google Parent Alphabet Ranked Biggest Blockchain Sponsor with Investment Outlay of $1.5B

Recorded Google investment in blockchain since last September crossed $1.5 billion, surpassing any other company in the same time frame. According to a recent Blockdata report, Google parent Alphabet’...

WazirX CEO Asks CZ To Reveal Binance Parent Entity

The war of words between Changpeng Zhao, Binance CEO and Nischal Shetty, WazirX CEO reached new heights on Saturday. Both crypto exchanges’ chiefs are going back and forth by blaming each other for ha...

Burger King parent says more customers are redeeming coupons and loyalty rewards

A Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. Justin Sullivan | Getty Images More customers at Burger King and its sister brands are redeeming coupons and ...