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 ...
Tag: Struggling
3 reasons why Bitcoin is struggling to flip $20K to support
The positive gains recorded in the first ten days of July have all but disappeared on July 13 as Bitcoin (BTC) and the wider market slid back toward new yearly lows. Subdued action in the market can b...
Gap CEO Syngal Fired After Failing to Rescue Struggling Retailer
(Bloomberg) — Gap Inc. fell on Tuesday as rising costs and discounts thwarted Sonia Syngal’s turnaround after 2 1/2 years as chief executive officer of the clothing retailer. Most Read from Bloo...
Gap in crisis mode after CEO becomes latest exec to depart struggling retailer
Struggling retailer Gap (GPS) is in crisis mode ahead of the crucial selling periods of back to school and the holidays, with the stock down nearly 6% in pre-market trading after it revealed the depar...
Vauld CFO leaves struggling Asian crypto lender: sources
Vauld CFO Jatin Mazalcar has left the Singapore-based crypto lender after it was forced to halt client withdrawals last week, two sources familiar with the matter told The Block. While Mazalcar left t...
Justin Sun: $ 5 billion for struggling crypto companies
Tron founder Justin Sun is set to join FTX’s Sam Bankman-Fried and Binance’s Changpeng Zhao as the “savior” of struggling crypto companies, disposing of $5 billion for acquisitions. Justin Sun: $5 bi...
FTX Still Has a “Few Billion” to Support Struggling Crypto Firms
Sam Bankman-Fried (SBF), the founder and CEO of leading crypto derivatives exchange FTX, said Wednesday that his company still has a “few billion” dollars to save struggling crypto companies that coul...
FTX Still Has a Few Billion to Spare for Struggling Crypto Firms, Sam Bankman-Fried Says
FTX, a leading crypto exchange, is willing to splash a few billion to help struggling companies amid the present cryptocurrency winter, according to the exchange’s CEO and founder, Sam Bankman-Fried. ...
Crypto Lender Nexo Signs Term Sheet to Potentially Acquire Struggling Rival Vauld
Popular crypto lending platform Nexo revealed on Tuesday that it has signed an indicative term sheet to acquire Singapore-based lending rival Vauld. An indicative term sheet is a document that shows t...
Nexo begins due diligence to acquire 100% of struggling rival Vauld
Centralized lending and borrowing platform Nexo has signed an “indicative term sheet” for the potential acquisition of Vauld. An indicative term sheet is a non-binding agreement establishing business ...
FTX or Canada-based Ledn Which Firm Will Acquire Struggling Crypto Lender BlockFi?
As per Bloomberg reports, the struggling cryptocurrency lender BlockFi Inc., which is currently in negotiations with industry powerhouse FTX, has been approached about a merger with a different party ...
Kusama: Factors why KSM is struggling to find ample trading volume
The Kusama network’s native cryptocurrency, KSM has been trading within a falling wedge pattern since the second half of 2021. However, it pushed out of that pattern at the end of last week, but the r...
Bitcoin’s Next Headwind: Struggling Crypto Miners
Text size Miners spend an average of $15,000 to produce each coin, JPMorgan estimates. Dreamstime The plummeting price of Bitcoin could force crypto miners to sell the tokens to fund operations, furth...
Bitcoin Miners Struggling To Break Even As Hashrate Soars – crypto.news
The flagship cryptocurrency, Bitcoin, has been outperforming other cryptocurrencies for over a decade. However, Bitcoin mining is facing a rough time amid the recent crypto market correction. Miners i...
CARDANO Price Analysis: ADA Bulls are Struggling for a Breakout
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Ethereum Showing Promise While Bitcoin Struggling
Bitcoin went down below 20,000$ during the bear run. Ethereum dragged down to 900 USD, which is its lowest since 2021. Although Bitcoin hasn’t even started to rise, Ethereum has already recovered 11% ...
Basic Attention Token Price analysis: The Bulls are Struggling for a Breakout
Coming from a downtrend, now stuck in a parallel channel. The crypto asset is presently trading below the 5 days simple moving average. The trading volume is at a decrease of 32.46% signifying the bea...
Tether: With UST gone and USDD struggling, is USDT next in line
With UST mixed into the dust and USDD struggling to keep up; could Tether be the next in line for the stablecoin massacre? The crypto market volatility has ramped up pressure on stablecoins recently a...
More Troubles For Struggling Celsius ($CEL), Major Investors Might Not Assist A Comeback
Celsius Network LLC, embattled crypto lending firm, is likely to fight its financial battles alone as multiple reports reaching WSJ suggest the loan company would probably not get any funding from two...
Investors Not Looking to Bail Out Struggling Celsius Network (Report)
Amid the challenges plaguing the cryptocurrency lending firm Celsius Network, there are reports that investors may not provide more funds to bail the platform out of the troubled waters. No Investor B...
Recent Crypto Market Crash Has Left DeFi Platforms & Smart Contract Tokens Struggling
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EOS Price Analysis: Bulls Keep Struggling Below $1.40
EOS price is facing resistance near $1.35 and $1.40 against the US Dollar. The price is now trading below $1.30 and the 55 simple moving average (4-hours). There is a crucial bearish trend line formin...
‘Obi-Wan Kenobi’ Still Struggling To Justify Its Existence Four Episodes In
Obi-Wan Disney Another episode of Obi-Wan Kenobi debuted alongside the premiere of Ms. Marvel today. It was…fine. So far, there’s nothing like explicitly bad about Obi-Wan Kenobi as a series, maybe ju...
Solana price analysis: Bulls struggling to maintain an uptrend as the price recovers to the $39 range
The Solana price analysis is indicating an increase in price levels for today. The price levels have moved up to meet the $39.4 level, which is a relatively positive indication for the buyers as the p...
Communist Party, Military Themes Help Struggling Alibaba Entertainment Unit Turn A Profit
Alibaba Group’s billionaire main founder Jack Ma at a “Tech for Good” summit in 2019. He’s kept a … [+] low profile of late. (Photo by Chesnot/Getty Images) Getty Images ...
EU Struggling To Agree On Full Russian Oil Ban—Here’s Why
Topline Talks to impose a sweeping ban on Russian oil imports to the European Union have appeared to falter, with the bloc still discussing carve-outs that could effectively exempt countries like Hung...
Why Financial Markets Are Struggling
Close up of golden Bull and Bear standing on a Stock Market Newspaper getty U.S. stock markets continue to struggle amid Fed policy shift, inflation worries, and recession risk. Will inflation persist...
Citigroup shares jump 7% after Warren Buffett reveals a near $3 billion stake in the struggling bank
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP The 91-year-old “Oracle of Omaha” scooped up Citi shares while they have been underperforming the rest of the financi...
Store Expansion May Not Be A Slam Dunk For Struggling Digitally Native Brands
Photo by: STRF/STAR MAX/IPx 2020 12/15/20 Big Business in New York City. STRF/STAR MAX/IPx Warby Parker’s disappointing earnings report today is just more evidence of what I call the profitless prospe...