On Friday, bitcoin plunged along with other assets, reaching a seven-week low and officially entering bear market territory. According to Coin Metrics statistics, the world’s largest cryptocurrency has dropped 7% in the previous 24 hours to $54,572. Bitcoin fell to… Read More ›
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Israeli Spyware Company NSO Group Sued In US By Apple
Apple has filed a lawsuit against Israeli spyware business NSO Group and its parent company for allegedly using a hacking tool to target iPhone users. The Pegasus software from NSO can infect both iPhones and Android devices, giving operators access… Read More ›
$500 Mln Raised In Funding Round By Alternative Meat Maker Impossible Foods
The alternative meat maker Impossible Foods has secured more than $500 million in a fundraising round recently that was led by its current stakeholder Mirae Asset Global Investments. This successful funding round clearly indicates the rise in investor interest in… Read More ›
J&J To Be Divided Into Two Listed Companies
The consumer goods division of Johnson & Johnson, a health-care multinational, will be separated from its pharmaceutical and medical device businesses, the company announced on Friday, which will establish two publicly listed firms. The stocks of the company were driven… Read More ›
Sale Of Urea, Used As Emission Suppressant, Rationed In South Korea Due To Supply Shortage
A tactic to ration urea, which is utilized for reducing carbon emissions in diesel cars and in various industries, is now being implemented by the South Korean government. Authorities there have also imposed a ban on reselling of the solution… Read More ›
Another Chinese Real Estate Giant Misses Key Bond Payment, Raising Further Concerns In The Property Market
Shares of another Chinese developer were suspended from trading after it failed to service a payment deadline, and this exasperated the already precarious real estate market of the second-largest economy of the world. The Hong Kong Stock Exchange suspended trading… Read More ›
Kroger Investigating Fake Press Release Touting Bitcoin Cash Acceptance By The Firm
Kroger Co is investigating the issuing of a bogus news release claiming that the company will accept bitcoin currency at its shops, the grocer announced on Friday. This made the company the second big retailer in recent weeks to be… Read More ›
New Study Finds Cervical Cancer Rate Is Reduced By Up To 87% By Older HPV Vaccine
A long-running English research revealed that young women have an 87 per cent decreased chance of getting cervical cancer due to the human papillomavirus (HPV) if they are vaccinated against the virus in their teens using an earlier GlaxoSmithKline medication… Read More ›
Its US IPO Could Value EV Startup Rivian Nearly As Much As Honda
Rivian Automotive Inc, funded by Amazon.com Inc, is aiming for a value of more than $53 billion for its U.S. debut, putting the electric car maker on par with competitor Honda Motor. The business is aiming to raise up to… Read More ›
Higher Oil Price And Volumes Pushes Saudi Aramco’s Quarterly Profit
Aramco, the Saudi Arabian national oil company, announced on Sunday that its third-quarter net profit more than doubled in the last quarter, helped by increased crude oil prices and quantities sold, outperforming analysts’ expectations. The highest quarterly average crude prices… Read More ›