Skype Co-Founder’s VC Firm Atomico Raises $1.24 Billion to Fuel European Tech Revolution
Atomico, the venture capital firm founded by Skype co-founder Niklas Zennström, has announced the successful closure of two…
“Oracle Stock Soars 9% as Company Scores Big Wins and Partners with Amazon AWS – What’s Next?”
Oracle Corporation’s stock soared 9% in extended trading on Monday following a strong fiscal first-quarter earnings report that…
Nelson Peltz Steps Down as Chair of Wendy’s Board, Marking a New Era for the Burger Chain
Nelson Peltz is stepping down from his role as chair of Wendy’s board of directors, a significant shift…
Goldman Sachs to Face $400 Million Hit in Q3 as It Unwinds Troubled Consumer Business
Goldman Sachs is set to report a significant financial impact for the third quarter of 2024, projecting a…
Crypto Fraud Losses Soar 45% to $5.6 Billion in 2023: India Hits Hard with $44 Million in Losses
Cryptocurrency-related fraud has reached alarming levels, with losses surging by 45% in 2023 to a staggering $5.6 billion,…
Asos Sparks Outrage with New £3.95 Returns Fee: Customers React
Asos shoppers are expressing frustration over the retailer’s new policy that imposes a £3.95 fee on returns for…
Bitcoin Bounces Back Above $57,000 After Wall Street Recovers from Worst Week of the Year
Bitcoin surged past $57,000 on Monday evening, marking a notable rebound after Wall Street’s turbulent week. This recovery…
Thailand to Accelerate $4.2 Billion Handout Scheme to Boost Economy
Thailand to Disburse $4.2 Billion Early to Support Vulnerable Groups Thailand is set to accelerate the distribution of…
Midea Group Launches $3.5 Billion Share Offering in Hong Kong, Marking City’s Largest Listing in Over Three Years
Midea Group Makes Major Move with $3.5 Billion Listing Chinese home appliance giant Midea Group has launched a…
Yen Carry Trade Unwind Could Spark August-Like Market Turmoil, Warns Currency Strategist
Yen Strengthens Amidst Ongoing Carry Trade Unwind The unwinding of the yen carry trade, which saw a significant…