Olaf Scholz dismisses worries about Deutsche Bank’s share price tumble
On Friday, German Chancellor Olaf Scholz spoke out in defense of Deutsche Bank AG, stating that there was no cause...
Musk Values Twitter at $20 Billion in Stock Grants to Employees
According to a report by The Information, Twitter's CEO Elon Musk has offered the company's employees stock grants at a...
Twitter’s New Revenue Stream: Users Required to Pay $84 a Year for Verification Checkmark
Twitter's announcement that it may be ending its free blue checkmark verification program for notable users represents a potential shift...
Edtech major Byju’s set for USD 22 billion valuation in new funding round
Indian edtech firm Byju's is reportedly set to close a new equity funding round in April, with sources suggesting it...
The Hidden Risk in U.S. Banks’ Balance Sheets: $1.7 Trillion in Unrealized Losses
The recent failures of Silicon Valley Bank and Credit Suisse have raised concerns about the stability of the U.S. banking...
The Rise and Fall of Domino’s in Italy: A Tale of Ambition and Struggle
Domino's Pizza franchise in Italy has closed its doors after facing significant challenges and ultimately failing to capture the Italian...
Hindenburg’s report causes Block’s shares to plummet
On Thursday, Hindenburg Research revealed its short positions in Block Inc (SQ.N), claiming that the payments company led by Twitter...
Short-Seller’s Report Wipes Out Over Half a Billion Dollars from Jack Dorsey’s Wealth
The recent report by Hindenburg Research accusing payments company Block Inc. of ignoring widespread fraud has resulted in a significant...
Logitech Announces Major Global Reorganization, Lays off 300 Employees
Swiss technology company Logitech has reportedly laid off 300 employees amidst a challenging global macroeconomic environment. The maker of computer...
Toshiba agrees to buyout proposal led by Japan Industrial Partners
The board of Toshiba Corp has reportedly accepted a buyout offer from a consortium led by Japan Industrial Partners, a...