Chinese internet giant, Tencent has been granted a license to operate a “blockchain bank,” by Hong Kong’s Monetary Authority, which is responsible for maintaining the city’s monetary and banking stability. The announcement was made today, at the Wuzhen …
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(CNN) Bumble’s embattled owner is getting acquired by investment firm Blackstone. Blackstone announced Friday that it is buying a majority stake in MagicLab, which owns dating apps including Bumble and Badoo, from Russian billionaire founder Andrey …
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(Bloomberg) — A coalition that includes Netflix Inc., HBO and cable-industry titans is stepping up efforts to crack down on password sharing, discussing new measures to close a loophole that could be costing companies billions of dollars in lost revenue each …
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Shares of Revolve Group (NYSE:RVLV) fell more than 10% on Friday after the online apparel retailer released quarterly results. Earnings came in ahead of expectations, but the market was spooked by a full-year revenue forecast that implies growth is …
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New York (CNN) Elon Musk took shots at billionaire investor David Einhorn, one of Tesla’s toughest critics, in a snarky tweet that offered sympathies for losses Einhorn’s hedge fund sustained betting against Telsa. Musk’s tweet, posted early Friday, was a …
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