Vietnam EV maker VinFast’s challenges escalate risk for parent Vingroup By Reuters
[ad_1] By Francesco Guarascio, Phuong Nguyen and Miyoung Kim HANOI (Reuters) – As Vietnam’s biggest conglomerate Vingroup doubles down on its electric vehicle business with...
Formula1 parent company acquires MotoGP for $4.5B By Investing.com
[ad_1] Formula One owner Liberty Media (FWONK) announced Monday that it has entered into an agreement to acquire MotoGP’s parent company Dorna Sports. Liberty Media...
Genesis strikes repayment deal with parent firm DCG to end $620M lawsuit By Cointelegraph
[ad_1] Bankrupt crypto lender Genesis and its parent company, Digital Currency Group (DCG), has struck a deal that could end an ongoing lawsuit to claw...
Upbit parent Dunamu’s profits drop 81% in Q3 By Cointelegraph
[ad_1] Dunamu, the owner of Upbit, one of South Korea’s biggest crypto exchanges by trading volume, saw a drop of 81.6% in net profit in...
Ripple Calls off Fortress Trust Acquisition, Remains Shareholder in Parent Company By Investing.com
[ad_1] In a surprising turn of events, has called off its planned acquisition of Fortress Trust, a custodian company, less than a month after the...
Genesis sues parent company DCG, other affiliate for $600M loans, then stays action By Cointelegraph
[ad_1] Bankrupt cryptocurrency lender Genesis Global Capital (GGC) filed two suits on Sept. 6 seeking the repayment of overdue loans from affiliated companies. The loans...
OnlyFans’ parent company bought $20M of Ethereum as revenue surged By Cointelegraph
[ad_1] © Reuters The parent company of subscription platform OnlyFans has become the latest firm to reveal its cryptocurrency holdings, showing it invested nearly $20...
Prime Trust’s parent company reports $8m loss due to TerraUSD investments By Crypto.news
[ad_1] Prime Trust’s parent company reports $8m loss due to TerraUSD investments Crypto.news – Prime Core Technologies, the parent entity of crypto custodian Prime Trust,...
Meta delays setting team budgets as Facebook parent plans fresh round of layoffs -FT By Reuters
[ad_1] © Reuters. FILE PHOTO: The logo of Meta Platforms’ business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman (Reuters) – Facebook...
CoinDesk could be up for grabs as parent company DCG scrambles for funds By Cointelegraph
[ad_1] Crypto media outlet CoinDesk is reportedly considering a potential sale as its parent company Digital Currency Group (DCG) looks to strengthen its balance sheet....