Kevin Rose has been in the spotlight since cofounding the early social news aggregation site Digg in late 2004. A genial whiz kid turned serial entrepreneur, he has since become as well-known for ... ( read original story ...)
Japan’s top bank MUFG forecasts weaker than expected annual profit on virus hit
Mitsubishi UFJ Financial Group Inc (MUFG) 8306.T, Japan's largest lender by assets, forecast on Friday a full year profit that fell short of analysts' ex ... ( read original story ...)
Japan bank SMFG’s annual profit misses view, flags virus costs in current year
Sumitomo Mitsui Financial Group , Japan's second largest lender by assets, reported on Friday a smaller than expected full-year net profit and flagged 450 billion yen ($4.20 billion) of credit ... ( read original story ...)
Japan bank Mizuho forecasts weaker than expected profit on virus costs
Mizuho Financial Group Inc forecast on Friday a full-year profit that fell short of analysts' expectations, with the coronavirus outbreak slated to raise credit-related costs for the Japanese bank. ( read original story ...)
Japan bank Mizuho reports $416 mln Q4 profit vs year-ago loss
Mizuho Financial Group Inc reported on Friday a net profit of 44.6 billion yen ($416 million) in the fourth quarter compared to the Japanese bank's net loss in the year-ago quarter. TOKYO, May 15 ... ( read original story ...)
IPO Update: NuZee Readies $5 Million IPO
NuZee has proposed terms for its U.S. IPO. The firm makes single serve pour-over coffee products for its own brands and for others. NUZE is a tiny company with ... ( read original story ...)
Coronavirus latest: Thailand preps $3bn fund for small businesses
The nation is set to mostly end the emergency today, though Tokyo and Osaka will remain on the list of potential virus hot spots ... There have been 27 listings so far this year, propelling Indonesia ... ( read original story ...)
Succcess In Japan Helps Mint New China Billionaire Couple
Linkage’s IPO follows a big gain on Friday by China’s Kingsoft Cloud, a cloud services business chaired by Chinese billionaire Lei Jun, after it began Nasdaq trading (see related story here ). Last ... ( read original story ...)
Coronavirus latest: Australia sees biggest monthly jobs loss on record
11:35 p.m. Japan moves to bring an early end to the state of emergency Thursday in 39 of its 47 prefectures, though greater Tokyo and Osaka will remain on the list of potential coronavirus ... There ... ( read original story ...)
Tokyo shares track Wall St lower as Powell warns of extended weakness
Japanese stocks fell on Thursday, tracking an overnight slide on Wall Street, as sentiment soured after the U.S. Federal Reserve's chairman warned of an extended period of weak economic growth. Wall S ... ( read original story ...)
Backed to business: Crypto wallets, smart desks, and wireless modems
One campaign makes the case for a desk that connects to the internet, while another argues for a crypto wallet that doesn't. ( read original story ...)
Crypto Startup School: A new type of computer drives waves of innovation
In week one of a16z’s Crypto Startup School, the firm addresses “Crypto Networks and Why They Matter” and “Blockchain Primitives: Cryptography and Consensus.” ... ( read original story ...)
Crypto Conversation: Zilliqa Aims High
What's hot in crypto this week? Zilliqa is a Singapore-based blockchain platform launched in 2017. It was the first to use "sharding" technology to solve the common blockchain hur ... ( read original story ...)
Coronavirus latest: US stocks plunge on Fed chair’s grim outlook
11:35 p.m. Japan moves to bring an early end to the state of emergency Thursday in 39 of its 47 prefectures, though greater Tokyo and Osaka will remain on the list of potential coronavirus ... There ... ( read original story ...)
GenScript spin-off Legend Biotech files for a $100 million US IPO
L egend Biotech, a clinical stage oncology biotech being spun-out of GenScript's cell therapy unit, filed on Wednesday with the SEC to raise up to $100 million in an initial publi ... ( read original story ...)
Battered By Coronavirus, Will Hotels And Airbnb Keep An Uneasy Truce?
Meanwhile Airbnb just cut 1,900 jobs, 25% of its global workforce. CEO and co-founder Brian Chesky said in a letter to staff that the company anticipates 2020 revenue to be less than 50% of 2019, ... ( read original story ...)