-
Lawsuit Targets VCs Sequoia, SoftBank And Others For 'Aiding & Abetting' FTX Sham
Thursday, August 10, 2023 - 12:51pm | 412Several venture capital firms — including Menlo Park, California-based Sequoia Capital, Singapore's Temasek Holdings, Japan's SoftBank Group of Japan, and Hong Kong's Sino Global Capital — face a class action lawsuit due to their alleged involvement in the downfall of FTX....
-
Immutable Gets $200M In Funding Ahead Of GameStop NFT Marketplace Launch
Monday, March 7, 2022 - 2:11pm | 603Immutable (CRYPTO:IMX) announced a new round of investors Monday morning and details on its growth ahead of an NFT marketplace launch with GameStop Corp (NYSE: GME). What Happened: Ethereum (CRYPTO: ETH) Layer 2 protocol Immutable provides fast transactions which are 10% carbon-neutral...
-
Here Are The Consortiums That Are Interested In Yum Brands' China Stake
Thursday, May 19, 2016 - 8:14am | 264Yum! Brands, Inc. (NYSE: YUM) search for a buyer to acquire a minority stake in its China unit appears to be advancing with several parties interested. Reuters, citing "people familiar with the matter," reported Singapore's government-backed Temasek Holdings and a consortium that also includes...
-
BAC Unlikely To Issue Material Equity Through Issuance To Employees, J.P. Morgan Reports
Monday, November 15, 2010 - 9:06am | 137This morning, J.P. Morgan said that, based on a conversation with Bank of America Corporation (NYSE: BAC), the company “should likely not need to issue any material amount of common equity through issuance to employees to meet $1.1 bil remaining asset sale requirement due to equity benefits from...
-
SecondMarket to be Honored at Davos (SIVB)
Wednesday, September 1, 2010 - 11:07am | 177SecondMarket, the largest secondary market for illiquid assets, announced today that it has been selected by the World Economic Forum as a 2011 Technology Pioneer. This award is presented annually to the most innovative technology start-ups from around the world, and SecondMarket is the only...
-
News Summary (GS, KFN, BX, VZ, GOOG, T, AMZN, MS, AAPL)
Wednesday, May 12, 2010 - 10:35am | 260An investing arm of Goldman Sachs (NYSE: GS) is in the final stages of an agreement to buy AXA’s significant stake in China’s fourth largest life insurer, Taikang Life, for $1.05 billion. Kohlberg Kravis Roberts & Company (NYSE: KFN) and Blackstone Group (NYSE: BX) were among the several...