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Category: FINANCE

Posted on 09/05/2021

Elon Musk calls the meme-crypto Dogecoin the ‘future of currency,’ predicts it will ‘take over the world’ on ‘SNL’

Elon Musk said Dogecoin, a cryptocurrency that started as a meme, will "take over the world." Dogecoin is a cryptocurrency created in 2013 as a joke but has recently been popularized by Musk. Musk ... ( read original story ...)

Posted on 09/05/2021

10 Japan firms may have links with Myanmar’s military junta

At least 10 Japanese companies have had direct business ties with firms affiliated with Myanmar's military or have taken part in projects that could be sources of income for the junta, a Kyodo News ... ( read original story ...)

Posted on 09/05/2021

A last waltz for Yahoo and AOL, and Elon’s crypto comedy show

In this week's edition of Insider Tech we look at the lessons of Yahoo and AOL, and prepare for Elon Musk's crypto comedy show. ( read original story ...)

Posted on 08/05/2021

Odds Reveal How High SNL Could Send Dogecoin Despite ‘The Dogefather’ Elon Musk Issuing A Serious Crypto Price Warning

As dogecoin traders and investors pile into the meme-based token ahead of SNL, betting odds have revealed there's a 40% chance of the dogecoin price hitting $1 by Monday morning—even after Musk warned ... ( read original story ...)

Posted on 08/05/2021

Crypto artists have been building a rebellious, underground community of outsiders for years. Now they’re making a living selling NFTs.

For these artists, digital art is about creative freedom and financial stability, not headline-grabbing, million-dollar sales. ( read original story ...)

Posted on 08/05/2021

Arnold Schwarzenegger is avoiding bitcoin, dogecoin, and other crypto. Warren Buffett might be the reason why.

"I am like Warren Buffett," Schwarzenegger said. "I don't invest in things I don't understand." The former California governor has so far avoided crypto. ( read original story ...)

Posted on 08/05/2021

Cinemas Unhappy as State of Emergency Is Extended in Tokyo

The Japanese government has formally extended the state of emergency in Tokyo, Osaka, Kyoto and Hyogo Prefecture, which was originally scheduled to end on May 11, until the end of the month. It has ... ( read original story ...)

Posted on 08/05/2021

Daily Briefing: SC asks Centre to ensure supply of 700 MT of oxygen to Delhi everyday; Seema Bisla fourth Indian woman wrestler to qualify for Tokyo

Dr V K Sharma, an Ayurveda graduate, has been single handedly treating a deluge of Covid patients at his one-room clinic on the roadside at Bargaon village in UP’s Saharanpur. ( read original story ...)

Posted on 08/05/2021

Crypto, Picassos Headline Strangest Auction Week in Memory

For the first time in 14 months, the auction calendar is behaving as it used to before Covid-19, as rivals Christie’s and Sotheby’s gear up for a week of marquee evening and day sales in New York. The ... ( read original story ...)

Posted on 08/05/2021

Japan – Skadden News: Skadden Advises Visional, Inc. On Its US$618 Million IPO.

Skadden represented Visional, Inc. in its 66.88 billion yen (approximately US$618 million) initial public offering on the Tokyo Stock Exchange. The company offered 13,376,400 shares at an offer price ... ( read original story ...)

Posted on 08/05/2021

If Crypto Crashes Tomorrow, It’s No Big Deal. In Five Years, It Might Be.

Bitcoin, dogecoin, ether and other cryptocurrencies are now worth about $2 trillion, but are their owners rich and would it affect the economy if they lost most of it? ( read original story ...)

Posted on 08/05/2021

Bain Capital Execs Sniffing Around Crypto Hedge Funds: Sources

A Bain Capital affiliate that manages the money of the alternative investing giant's partners is looking to back top-tier crypto traders.  The Bain unit's move ... ( read original story ...)

Posted on 08/05/2021

The CFO of the world’s largest hedge fund is joining crypto firm NYDIG

John Dalby, CFO of Bridgewater Associates, is joining crypto firm NYDIG as CFO. The executive is the latest high-profile executive move within the cryptocurrency space. Dalby joins as NYDIG expands ... ( read original story ...)

Posted on 08/05/2021

German and US regulators tighten focus on booming crypto market

A pushback against stocks-like products in Germany and tougher talk in Washington suggest that key financial regulators are bristling at cryptocurrency operators’ incursions into tightly-controlled ... ( read original story ...)

Posted on 08/05/2021

Talaris Therapeutics’ IPO raises $150M to transform solid organ transplants

Three biotechs IPOs priced this week while one gene therapy developer postponed its plans. The biggest IPO belongs to Talaris Therapeutics, a company developing a cell therapy for organ transplant ... ( read original story ...)

Posted on 08/05/2021

Pfizer-BioNTech Will Donate COVID Vaccines to Olympic Athletes Ahead of Tokyo Games

COVID-19 vaccinations will be available for athletes prior to participating in the Tokyo Olympic Games in July, the International Olympic Committee announced ... ( read original story ...)

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