Tag: bloomberg billionaires index

Alibaba to acquire remaining stake in Cainiao for up to $3.75 billion; shelves IPO plan – Tech Startups

Startups March 26, 2024

In a surprising move, Chinese e-commerce behemoth Alibaba Group Holding has called off its plans for an initial public offering (IPO) of its logistics...

Shipping Giant CMA CGM Posts a Loss as Red Sea Conflict Rages

Supply Chain & Logistics February 23, 2024

Jeff Bezos sells about $2 billion of Amazon shares as tech stocks rally – TechStartups

Startups February 12, 2024

Musk presses Tesla’s board for another massive stock award – Autoblog

Automotive January 16, 2024

Despite legal woes, Changpeng Zhao closes the year $24B richer than before

BlockchainDecember 26, 2023

Changpeng Zhao experienced a remarkable surge in wealth in 2023, securing the 35th position on the Bloomberg Billionaires Index, which shows his net worth...

Alibaba scraps plans to spin-off its cloud business, citing US chip restrictions – TechStartups

AINovember 16, 2023

The US chip export ban appears to have dealt a blow to some Chinese tech companies, forcing them to reassess their strategies and adapt...

🔴 Extreme Greed Hits Crypto | This Week in Crypto – Oct 30, 2023

BlockchainOctober 30, 2023

Extreme greed props up the crypto market, Sam Bankman-Fried takes the stand, and Binance woes take a big bite of its founder’s net worth....

Binance CEO dismisses claims of owning $28 billion in net worth

BlockchainApril 27, 2023

SNEAK PEEK Binance CEO Changpeng Zhao has dismissed Bloomberg’s latest estimate of his net worth at $28.2 billion. Zhao has time and again challenged...

Uniqlo’s Quest to Conquer the U.S., One Cashmere Sweater at a Time

Supply Chain & LogisticsFebruary 23, 2023

The biggest challenge to Japanese fashion giant Uniqlo’s plan to take on the U.S.? Getting more Americans to know who they are.The apparel maker,...

Can you trust crypto exchanges after the collapse of FTX?

BlockchainFebruary 15, 2023

On Oct. 25, 2022 — about two weeks before the collapse of the world’s third-largest cryptocurrency exchange, FTX — prominent DeFi architect Andre Cronje...

China’s Baidu planning to launch ChatGPT-style Bot Soon

StartupsJanuary 31, 2023

Here are the top trending stories from the world of technology. Stories that we feel every tech enthusiast should keep in touch with. 1) China’s Baidu...

Crypto exchange Gemini lays off 10% of its employees, third round of layoffs in less than a year

StartupsJanuary 24, 2023

Gemini, a crypto exchange founded by the Winklevoss twins, is laying off 10% of its total workforce. Gemini now joins a long list of...

Hal Finney’s wife resumes activity on Bitcoin pioneer’s Twitter account to avoid potential purge

BlockchainDecember 16, 2022

Fran Finney, the wife of computer scientist Hal Finney — the recipient of the first transaction on the Bitcoin blockchain from Satoshi Nakamoto —...

French Shipping Giant Delivers Gloomy Outlook After Hefty Profit

Supply Chain & LogisticsNovember 28, 2022

French shipping giant CMA CGM SA, owned by the billionaire Rodolphe Saade and family, said November 25 that weakening demand for freight transport and...