Big U.S. investment banks have taken a $4.6 billion revenue hit from the freeze on equity raisings, a Financial Times report said. Get the Full...
General Motors has bought out SoftBank Vision Fund 1’s stake in Cruise, a self-driving startup, for $2.1 billion, Bloomberg reported Friday (March 18). Get the...
Amazon won a dismissal of an antitrust lawsuit that the District of Columbia had leveled at it, saying the eCommerce giant had blocked sellers from...
Egypt’s largest national banks, Banque Misr, National Bank of Egypt and Banque du Caire, have launched a new venture fund called Nclude, the banks announced...
It might make sense that the high-end, luxury vehicles are where we’ll see some torque in the development of the connected car. Get the Full...
With its prominent inclusion in President Joe Biden’s executive order on crypto, the topic of a U.S. central bank digital currency (CBDC) was back on...
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In today’s FinTech news, Tencent could be faced with spinning WeChat Pay into its payments subsidiary, while crypto exchange Binance looks to acquire a bank...
Back in March of 2020, it was all about “the new normal,” and then trying to get to “the next normal.” Get the Full Story Complete...