Crypto aficionado and respected analyst Nicholas Merten isn’t sugar-coating it; he’s warning of a seismic shakeup in the crypto realm. According to Merten, we’re looking at a massive $440 billion nosedive in the total valuation of the crypto market. But why should you sit up and take notice? Here’s the full scoop. What’s the…
By Nathan Gomes and Mrinmay Dey (Reuters) -Canadian labor union Unifor said on Sunday its members had voted to ratify a new contract with Ford Motor, a relief for the Detroit automaker locked in a separate tussle with its U.S. union over demands for better pay and benefits in the country. Unifor, which represents about…
Is Robinhood shuffling the deck for a winning hand in credit cards? Amid layoffs and team reshuffles, the trading platform is refocusing on the credit card sector after buying X1—a no-fee credit card startup. From Trading to Credit Cards: Robinhood’s Big Move Months after Robinhood announced the $95 million acquisition of credit card startup…
Alex Karp Talks Business and Ethics: SpaceX Starlink and Ukraine in the Spotlight In a lively discussion on technology and international relations, Palantir CEO Alex Karp opens up about his relationship with SpaceX founder Elon Musk, and their contrasting views on the Russia-Ukraine conflict. Key Takeaways: Alex Karp, Palantir CEO, has a nuanced stance…
SHANGHAI (Reuters) – China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a fund that will invest in emerging industries, the China Business News reported on Sunday. The fund has already received investment intentions from more than 20 central government-owned enterprises as well…