
WeWork’s Largest Investor is Plotting to Remove Adam Neumann as CEO
Following a strange corporate governance structure and other methods, WeWork’s largest investor is now looking to have Adam Neumann removed as CEO.
Following a strange corporate governance structure and other methods, WeWork’s largest investor is now looking to have Adam Neumann removed as CEO.
The S&P 500 is used by most stock market analysts as the best way to get an overview about the state of the market in the U.S. Today, we look at 5 of the best-performing stocks, over the last 2 decades, since 2000.
Popular cryptocurrency evangelist and author William Mougayar recently gave a twitter price prediction of $25,000 for Bitcoin and $1,000 for Ethereum by the end of 2019. Is he to be taken seriously?
Facebook has acquired ServiceFriend which is a startup that builds bots. Experts are speculating that this is for the new Calibra wallet support service, however, Facebook hasn’t yet approved this news.
In recent news, OneConnect, which is the blockchain and fintech arm of the Chinese biggest insurer Ping An, is planning to launch an initial public offering (IPO) in the U.S. market, New York specifically.
Payment processing startup Stripe raised $250M in a new round of funding, bringing the company’s valuation to $35B. The company anticipates lots more digital commerce that may flow through its payments tech.
Bitcoin price has climbed back above $10,000, just days before Bakkt officially launches. Could back be the long-awaited Bitcoin savior? Will we see another all-time high before 2019 is over?
In recent news, Patrick Byrne, the former CEO of Overstock, has sold all his Overstock equity holdings worth about $90 million to shift his investments to different assets like precious metals and cryptocurrencies.
Mike Novogratz said that despite Telegram approached him for the TON’s private token sale participation, he refused them multiple time due to his early skepticism about the project.
As it was expected, today, on September 19, Huawei has officially introduced its Mate 30 series. The launched Mate 30 Pro and Mate 30 do not have any preinstalled Google’s services.
Microsoft has announced another stock buyback program, worth about $40 billion. The company has also said that it will increase dividends paid to shareholders by as much as 11%. MSFT is now the most valuable stock in the market.
Open banking startup Deposit Solutions has just gotten financing from Deutsche Bank and is currently valued at €1 billion. This indicates that the fintech startup is doing something right. Is open banking the future of fintech?
With a $223 million revenue for its last fiscal year which ended in March, TransferWise has grown by more than 50%. The company is still the most valued fintech startup in the U.K.
Amazon customers are in for a real treat with unrestricted access to the Amazon Music HD library where they can stream about 50 million songs with CD audio quality, courtesy of the company.
In a recent Newzoo report, they have estimated that Android will overtake iOS in terms of game revenue. This is the first time this year that this has happened. Previously the market was led by iOS, Apple respectively.