Browsing: billion
On Friday, hackers stole about $ 1.4 billion in Ethereum encryption by Crypto Exchange bybit, to what is the largest encryption of all time. Following Hack,…
After increasing $ 1 billion, Fintech Varo closes another $ 29 million, replaces CEO founder
Fintech Varo hopes to raise a $ 55 million round round, but has so far closed in $ 29 million to date, according to recent sec…
As Elon Musk does not have enough, an investor consortium led by himself announced plans on Monday for what seems to be an hostile Openai acquisition.…
General Motors expects to save up to $ 1 billion a year, finishing the Cruise Robotaxi development program, Managing Director and President Mary Barra said Tuesday…
Apple culminates 1 billion subscriptions, nearly $ 100b in revenue from services in 2024
Apple iPhone sales may be reduced, but the company’s service department, which includes the App Store, iCloud, music, television+and other subscriptions, is still increasing. The Cupertino…
Spotify sound streaming company said on Tuesday that it paid $ 10 billion in the music industry last year. The company added that it has given…
Rivian and the Department of Energy have was finalized a $6.6 billion loan announced in November just days before Donald Trump’s inauguration. The company will use…
New York VC firm Insight Partners raises another $12.5 billion after $8 billion in exits
Jeff Horing’s Insight Partners is to New York venture capital what Andreessen Horowitz and Sequoia are to Silicon Valley. And it’s a situation that has been…
Despite VCs investing $75 billion in the fourth quarter, it’s still tough for startups to raise money, data shows
After two years of relatively muted investment activity, it looks like VCs are starting to pour capital into startups at pandemic-era levels once again. But a…
This hidden African stablecoin startup has already processed over $1 billion in cross-border payments
Juicywayan African fintech leveraging stablecoin technology to power fast and cheap cross-border payments is starting from scratch after processing over $1 billion in transaction volume for…