The Chinese computing giant’s metaverse subsidiary is reportedly cutting costs. Tencent Holdings might be giving up on its plans to enter the virtual reality hardware market. Tencent, the maker of the...
Tag: Scrapped
Gautam Adani Addresses Scrapped Public Offering In First Public Remarks Since Hindenburg Allegations
Topline Gautam Adani on Thursday addressed his flagship company’s canceled $2.5 billion public offering and promised a review of the Adani Group’s market strategy in his first public remarks since U.S...
Madonna’s Self-Directed Biopic Starring Julia Garner Scrapped
Topline A self-directed biopic about Madonna, a highly-anticipated project in which Julia Garner was reportedly chosen to play the pop star through a brutal boot camp-style audition process, has been ...
Block.one Cans $9B SPAC Merger 4 Months After Scrapped EOS Settlement
Block.one’s crypto exchange Bullish won’t be going public after all. Its $9 billion merger with a SPAC has been terminated just four months after courts rejected its $27.5 million settlement in ...
Binance-FTX deal reportedly scrapped without FTX.US on table; legal, compliance teams quit
The Binance-FTX deal appears to be off as a source with knowledge of the matter and text conversations reviewed by Blockworks indicated that Binance won’t acquire FTX unless FTX.US is included. The so...
U.K. Retail Dismayed As Tax Free Shopping Scrapped After Just Three Weeks
Luxury visitor hot spots such as New Bond Street will be hit by a huge U-turn by the U.K. … [+] Government. (AP Photo/Alberto Pezzali) Copyright 2022 The Associated Press. All rights reserved Th...
BitGo Sues Novogratz’s Galaxy Digital for $100M After Scrapped Acquisition
In brief BitGo has filed suit against Galaxy Digital after the investment firm terminated its planned acquisition of BitGo. Galaxy Digital previously claimed that it would not owe a termination fee fo...
Gryphon and Sphere 3D merger scrapped but carbon-neutral mining continues
Despite the canceled merger between Gryphon Digital Mining and Sphere 3D, the two firms still intend on building out carbon-neutral Bitcoin mining operations. An April 4 joint statement from the two c...
G2 Esports Files Lawsuit Against Bondly Over Scrapped NFTs on Polygon
In brief Esports club G2 Esports has filed a lawsuit against NFT provider Bondly, per a report. The firms announced a partnership in 2021. G2 alleges that Bondly misled the club about its NFT producti...
U.S. Flight Cancellations Hit New Holiday Peak—More Than 2,400 Scrapped On New Year’s Day
Topline The United States saw 2,404 flight cancellations on Saturday, a new peak this holiday season that is still rising as poor weather conditions and staff shortages due to the coronavirus’ omicron...