Category: giant

Jack Ma’s fintech giant Ant starts IPO process in Hong Kong and Shanghai
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Jack Ma’s fintech giant Ant starts IPO process in Hong Kong and Shanghai

The Jack Ma -controlled Ant Group finally sets in motion what the market has been anticipating for years. The financial services and payments behemoth said Monday that it has kickstarted the process of a concurrent initial public offering on the Hong Kong Stock Exchange and Shanghai Stock Exchange’s Nasdaq-style Star Market. The public listing will…

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Jack Ma’s fintech giant tops 1.3 billion users globally
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Jack Ma’s fintech giant tops 1.3 billion users globally

The speculation that Alibaba’s fintech affiliate Ant Group will go public has been swirling around for years. New details came to light recently. Reuters reported last week that the fintech giant could float as soon as this year in an initial public offering that values it at $200 billion. As a private firm, details of…

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$75M weed giant Caliva ditches Eaze, launches delivery
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$75M weed giant Caliva ditches Eaze, launches delivery

It’s a brutal time for marijuana startups. I’m hearing some are raising at 1/5th of their 2019 valuation amidst rampant competition, tall taxes, and slow legalization. The struggles for marijuana’s best-known startup, delivery service Eaze, continue as today it’s losing one of its top partners. $75 million-funded weed brand empire Caliva has dropped Eaze in…

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Gaming Giant Steam Clocks Ridiculous 20 Billion User Hours in 2019
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Gaming Giant Steam Clocks Ridiculous 20 Billion User Hours in 2019

Valve publishes 2019 Year In Review. Over 20 billion hours of gameplay recorded in 2019. Valve plans to publish ‘data deep dives’ in 2020. Valve has published a 2019 Year In Review recapping the most significant improvements to hit the Steam digital storefront alongside some impressive figures. Over 20 Billion Hours of Gameplay in 2019…

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Cybersecurity giant Comodo can’t even keep its own website secure
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Cybersecurity giant Comodo can’t even keep its own website secure

Comodo, which bills itself as a “global leader in cybersecurity solutions,” said its forum was hacked. The admission came in no less than a forum post, which confirmed a hacker exploited a recently disclosed vulnerability in vBulletin, a popular forum software used by Comodo. The flaw, which requires little skill to exploit, allows an attacker…

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Bitcoin Giant BitPay Screws Over Hong Kong Free Press With Ill-Timed Payments Block – CCN.com
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Bitcoin Giant BitPay Screws Over Hong Kong Free Press With Ill-Timed Payments Block – CCN.com

BitPay’s untimely ban comes during the unprecedented protests sweeping across Hong Kong. | Source REUTERS/Tyrone SiuBitcoin payment processing platform BitPay has blocked payments to the Hong Kong Free Press (Hong Kong FP), according to the chief editor of the nonprofit press agency.Tom Grundy accused BitPay of sitting atop their funds for almost three weeks. He…

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Didi Chuxing and oil giant BP team up to build electric vehicle charging infrastructure in China
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Didi Chuxing and oil giant BP team up to build electric vehicle charging infrastructure in China

Ride-sharing and transportation platform Didi Chuxing announced today that it has formed a joint venture with BP, the British gas, oil and energy supermajor. to build electric vehicle charging infrastructure in China. The charging stations will be available to Didi and non-Didi drivers. The news of Didi and BP’s joint venture comes one week after…

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