Saturday, November 16, 2024
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Alibaba Agenda to Restructure Its Businesses Stokes Speculation Regarding Suspended Ant Group IPO

As the tech space digests the Alibaba news, attention also shifts to what becomes of Ant Group’s 2020 suspended IPO.  The decision by Alibaba Group (NYSE: BABA) to split its business into 6 places has renewed focus on the suspended Ant Group IPO. At the beginning of the week, Alibaba announced plans to split into 6 independent

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Sfermion Raises $100M NFT Fund as Facebook Stokes Metaverse Mania

Sfermion, an investment firm led by crypto podcaster and analyst Andrew Steinwold, says it has raised $100 million for a new fund focused on non-fungible tokens (NFTs), with contributions from Marc Andreessen, the Winklevoss twins, and Digital Currency Group (which funds an editorially independent CryptoX).Steinwold told CryptoX that the fund,

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US E-Cigarette Ban Stokes Fears Trump Could Target Bitcoin

Bitcoin (BTC) proponents are again mulling the chances of the United States banning cryptocurrency as lawmakers move to outlaw flavored e-cigarettes. E-cigarettes: Washington “clears market”The sudden restrictions, which both the White House and the Food and Drug Administration confirmed on Sept. 12, mean e-cigarettes will disappear from the U.S. market

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