Category: owner

Alipay owner Ant Financial takes minority stake in Klarna
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Alipay owner Ant Financial takes minority stake in Klarna

Some big moves in the payments platform space: Ant Financial Group, the owner of China’s Alipay payment platform has announced it’s taking a minority stake in Swedish payments platform Klarna — which has a strong European presence and a flagship product that lets shoppers buy now and pay later in interest-free instalments (typically 14 or…

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HEX Owner Cashes Out $7 Million Ethereum Pile for Profit Rally
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HEX Owner Cashes Out $7 Million Ethereum Pile for Profit Rally

Bulk of the remaining Ethereum used to buy HEX has been emptied from original address. Creator Richard Heart refuses to acknowledge any involvement with the ETH in question. Surprisingly, the ETH now sits in 36 different addresses and has not been sold. Nearly $7 million worth of Ethereum has been emptied out of the HEX…

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Flickr owner SmugMug emails subscribers with an urgent request: help us find more paying users
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Flickr owner SmugMug emails subscribers with an urgent request: help us find more paying users

When in April of last year, the photo hosting service SmugMug acquired the photo-hosting service Flickr from Verizon’s digital media subsidiary, SmugMug CEO Don MacAskill said he was committed to breathing new life into the service, calling it “core to the entire fabric of the Internet.” MacAskill didn’t reveal at the time how much SmugMug…

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