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Category: Business News

September 9, 2020

LVMH to Back Out from $16 Billion Tiffany Deal

Coinspeaker LVMH to Back Out from $16 Billion Tiffany DealParis-based Loui Vuitton owner LVMH Moet Hennessy Louis Vuitton SE (EPA: MC) has revealed it will be backing out from its proposed deal with United States jewelry brand Tiffany & Co (NYSE: TIF).The…
September 9, 2020

Blockchain Investment Firm Digital Currency Group (DCG) Acquires Luno for Undisclosed Amount

Coinspeaker Blockchain Investment Firm Digital Currency Group (DCG) Acquires Luno for Undisclosed AmountThe blockchain investment firm Digital Currency Group (DCG) has today announced the acquisition of a retail-focused crypto exchange Luno that also supports its own crypto wallet.…
September 9, 2020

FTX Exchange Announces Upbots IEO to Confront Speculative Reputation of Such Offering

Coinspeaker FTX Exchange Announces Upbots IEO to Confront Speculative Reputation of Such OfferingThe popular crypto derivatives exchange FTX has announced that they will be hosting the IEO for the UBXT utility token native to the Upbots trading platform.…
September 9, 2020

Crypto Analyst Michaël van de Poppe Says Bitcoin May Receive Fresh Boost

Coinspeaker Crypto Analyst Michaël van de Poppe Says Bitcoin May Receive Fresh BoostAfter a pullback on Thursday and Friday, markets have recovered, with major tech stocks rebounding and crypto-assets strengthening.…
September 9, 2020

Apple Event Scheduled for September 15, New iPhones and Other Flagship Devices to Be Unveiled

Coinspeaker Apple Event Scheduled for September 15, New iPhones and Other Flagship Devices to Be UnveiledGiant smartphone maker Apple Inc (NASDAQ: AAPL) yesterday announced it plans to hold this year’s Apple Event virtually on September 15.…
September 9, 2020

Apple (AAPL) Shares Drop 6.7% Following Pessimistic Call from Goldman Sachs Analyst

Coinspeaker Apple (AAPL) Shares Drop 6.7% Following Pessimistic Call from Goldman Sachs AnalystThe shares of tech giant Apple Inc (NASDAQ: AAPL) closed with a drop of about 6.7% yesterday following a pessimistic call from Goldman Sachs analyst Rod Hall.Hall…
September 9, 2020

AstraZeneca Paused COVID-19 Vaccine Trial as It Caused Unexplained Side Effect

Coinspeaker AstraZeneca Paused COVID-19 Vaccine Trial as It Caused Unexplained Side EffectThe UK-based pharma giant AstraZeneca Plc (LON: AZN) that has been a frontrunner in the COVID-19 vaccine race has put Phase 3 of the vaccine trial on hold.…
September 9, 2020

Berkshire Hathaway and Salesforce Purchase $500M Worth of Snowflake Stock at IPO Set Price

Coinspeaker Berkshire Hathaway and Salesforce Purchase $500M Worth of Snowflake Stock at IPO Set PriceAmerican cloud-based software company Salesforce.com…
September 9, 2020

Virtual Kitchen Raises $20 Million in New Funding Round

Coinspeaker Virtual Kitchen Raises $20 Million in New Funding RoundVirtual Kitchen Co, the company founded by two former Uber Technologies Inc (NYSE: UBER) executives, has raised about $20 million in the new funding round as the company’s filing with the Security and Exchange Commission (SEC) shows.The…
September 9, 2020

Tesla (TSLA) Stock Has Its Worst Day, It Crashes Another 21% on Tuesday, Valuation Drops Over $150 Billion in One Week

Coinspeaker Tesla (TSLA) Stock Has Its Worst Day, It Crashes Another 21% on Tuesday, Valuation Drops Over $150 Billion in One WeekElectric car maker and automobile giant Tesla Inc (NASDAQ: TSLA) witnessed a massive rally this year with its stock price surging over 400% during H1 2020.…
September 9, 2020

Tech Stocks Continue to Drag Markets Down, S&P 500 Registers Third Day of Correction

Coinspeaker Tech Stocks Continue to Drag Markets Down, S&P 500 Registers Third Day of CorrectionOn Tuesday, September 8, bears continued to dominate as all three indices entered a major correction being pushed by tech stocks.…
September 8, 2020

Seoul Conducts Second Raid on Crypto Exchange Bithumb

Coinspeaker Seoul Conducts Second Raid on Crypto Exchange BithumbThe biggest cryptocurrency exchange in South Korea Bithumb allegedly is facing a new police raid in Seoul.…

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