Chinese electric carmakers are targeting expansion in Europe as competition intensifies in the domestic market, according to CNBC. The startups see opportunity in Europe due to the lack of viable…
The Federal Aviation Administration has issued new rules that require Remote Identification of drones, according to press release. The rules mandate operators of small drones to satisfy certain conditions before…
British Fintech Revolut plans to invest $25 million in India over the next five years and launch an app in the country by 2022 , according to CNBC. Paroma Chatterjee,…
Crypto exchange, Binance has attracted scrutiny from European regulators over compliance with security rules, according to Finance Times. The move follows the exchange’s launch of stock tokens trading. Binance initiative,…
Private-equity firms have a record $1.6 trillion of unspent cash, ready to deploy in pricey buyout deals, according to the Wall Street Journal. The record reflects bigger funds seeking larger…
Baillie Gifford invested $100 million, the largest single investment in Blockchain.com, according to report. The investment was part of $300 million in Series C funding led by DST Global partners,…
ASML Holdings reported first-quarter sales of 4.4 billion euros, up from 4.3 billion euros in Q4 2020, according to the company’s press release. The company expects net sales to slip…
Gemini, a crypto platform founded by Winklevoss twins, has hit more than double digits in crypto assets this year, according to MarketsInsider. The platform now controls over $25 billion worth…
Cathie Wood’s ARK Innovation fund bought a total of 1.15 million shares on April 20th 2021.Here are the top picks and disposals: Bought 1.147 million shares of Palantir Technologies.Bought 748,503…
Netflix revenues in Q1 2021 jumped 24% year over year, in line with forecast, according to the company’s press release. The company finished the quarter with 208 million paid memberships,…
JPMorgan strategists have warned that if bitcoin cannot surpass the $60,000-mark, momentum will wane, according to Bloomberg. The strategists also say the flows into the digital currency is currently weak.…
The U.S, China, Japan, and Germany have maintained the top slots in the globe's nominal GDP, according to CNBC. Some rankings have changed due to Covid-19 pandemic, as Brazil bowed…