Planned GBTC buyout
Digital Currency Group (DCG) has announced its intention to acquire shares in Grayscale Bitcoin Trust (GBTC) for up to $750m.
The reported figure is three times the amount&n...
Amazon's revenues beat experts' expectations
US corporation Amazon's sales revenues in the first quarter of this year amounted to $108.5 billion, according to the company's financial statements released on Thursday. The figure was a record for this ...
Largest fine in history
The company was accused of violating antitrust laws. Alibaba's actions had a negative impact on competition in the e-commerce market, the regulator said.
China's State Market Surveillance Administration has imposed a fine of...
GameStop reported financials
GameStop shares fell 12% after the close of trading on Tuesday, as the company reported lower-than-expected fourth-quarter results. At the same time, the company reported a 175% increase in electronic sales, which now ac...
Petition rejection
The US Securities and Exchange Commission (SEC) has filed a motion to dismiss Ripple's XRP token holders application. The document has been sent to the Rhode Island District Court.
In early January 2021, a group of investors dema...
Deutsche Bank and cryptocurrency service
Financial conglomerate Deutsche Bank plans to launch a cryptocurrency custodial service aimed at large investors. This follows a December 2020 World Economic Forum (WEF) report.
The document states that Deut...
Derivatives trading
Latin America's largest cryptocurrency exchange, Bitso, announced the acquisition of European crypto derivatives platform Quedex.
Quedex, like Bitso, is licensed by the Gibraltar...
PayPal shares and targets
Shares in PayPal rose after the company announced plans to launch new financial services on its platform over the next two years, in particular stock trading and the creation of "high-yield savings ...
Partnerships between the companies
Palantir Technologies and IBM announced on Monday that as part of a partnership they will release Palantir for IBM Cloud Pak for Data software in March that will enable customers without technical skills to impleme...
Hacker attack
They were able to infiltrate the IT giant's internal networks by hacking into its supplier, SolarWinds. Microsoft stressed that no customer data had fallen into the hands of the hackers, nor...
Changes in the company
Airbnb published its IPO prospectus on Monday for public access via the NASDAQ exchange. The COVID-19 pandemic has hit Airbnb's business, but the company is...
Quarterly revenue
The fiscal year ended October 24th for the American network equipment manufacturer Cisco Systems Inc. decreased by 26% to $2.17 billion, compared to $2.93 billion in the same period a year earlier...
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