$3 Billion of New Bitcoin Funds Change Hands in First Trading Day
Bitcoin’s price briefly rose to $49,000 on Thursday before dipping to $46,000. Optimism that the funds were nearing approval by…
Tag: billion
Hewlett Packard Enterprise Strikes $14 Billion Deal to Buy Juniper Networks
Hewlett Packard Enterprise struck a roughly $14 billion deal to buy Juniper Networks in a big bet on networking and…
Vinfast to build integrated electric vehicle facility in Tamil Nadu with total investment of $2 billion
Vietnamese electric vehicle (EV) manufacturer VinFast on Saturday said it will work towards building an integrated EV facility in the…
Mark Zuckerberg sold nearly half a billion dollars of Meta stock in last two months
Mark Zuckerberg sold nearly half a billion dollars of Meta Platforms Inc. shares in the final two months of 2023…
TikTok looks to take on Amazon in US, eyes $17.5 billion shopping business in 2024
ByteDance Ltd.’s TikTok aims to grow the size of its US ecommerce business tenfold to as much as $17.5 billion…
Social media firms gained $11 billion in ads from under-18 users’ engagement in 2022, finds study
Social media giants like Instagram, X (formerly Twitter) and Snapchat collectively gained nearly $11 billion in advertising revenue in 2022…
OpenAI annualised revenue tops $1.6 billion: report
OpenAI‘s annualised revenue recently topped $1.6 billion on strong growth from its ChatGPT product, up from $1.3 billion as of…
China softening stance on gaming after $80 billion rout, approves 105 domestic games
The titles included those operated by Tencent Holdings Ltd. and NetEase Inc., China’s two leading game publishers that have been…
VC-backed Indian public firms scale to $50 billion in market cap: Tribe Capital report
Underscoring a rebound in valuations of Indian venture-backed public companies – with the market capitalisation of these firms, including Zomato,…