Hedge Fund That Bet Against GameStop Shuts Down
A London-based hedge fund that suffered losses betting against US retailer GameStop during the first meme stock rally in January is shutting its doors [Editor's note: the link may be paywalled; alternative source]. From a report: White Square Capital.....»»
GameStop Plans To Launch an NFT Marketplace
GameStop plans to launch a marketplace for nonfungible tokens for gamers by the end of the year, Bloomberg News reported Friday, citing a person familiar with the matter. From the report: The company, which is in the midst of a turnaround to focus on.....»»
GameStop stock takes off as plans for NFT marketplace come into focus
Two of 2021's weirdest trends come together to start 2022. Enlarge (credit: GameStop) Two of 2021's strangest trends are coming together Thursday evening as GameStop's stock surges on a report that it is working to establish a.....»»
UK Police Forces Have Seized More Than $400 Million in Bitcoin
MattSparkes writes: UK police forces have seized more than 300 million pound ($405 million) worth Bitcoin and other cryptocurrencies, reveals a New Scientist story based on Freedom of Information requests. The individual police forces seized the fund.....»»
Classic BlackBerries are finally losing suppport as company shuts down services
After losing the smartphone market to iOS and Android, BlackBerry has finally stopped supporting phones still powered by its legacy Blackberry operating system......»»
Popcorn Time, the Piracy App That Spooked Netflix, Shuts Down
Popcorn Time, the once-popular app that made watching pirated movies and television shows almost as easy as using Netflix, has shut down. Bloomberg News: The app debuted in 2014 and within a year became one of the most popular services for accessing.....»»
Elon Musk Sells Another $1 Billion in Tesla Shares to Prep for Largest Tax Bill in History
Patrick Pleul | picture alliance | Getty ImagesAccording to financial documents released Tuesday, Tesla CEO Elon Musk sold 934,090 company shares valued at around $ 1.02 billion not to fund a McMansion on Mars.Musk said he is preparing to pay t.....»»
US additive manufacturing startup Arris Composite closes C round funding
Arris Composites, an additive manufacturing startup, closed a Series C round funding, raising US$88.5 million. The fund received exceeded its estimated target by 25%......»»
Cyberattack On One of Norway"s Largest Media Companies Shuts Down Presses
An anonymous reader quotes a report from The Record: Amedia, the largest local news publisher in Norway, announced on Tuesday that several of its central computer systems were shut down in what it is calling an apparent "serious" cyberattack. The att.....»»
Hyundai Shuts Down Its Engine Development Team Amid Focus On Electric Cars
Hyundai announced that it is shutting down its internal combustion engine development team as the automaker focuses on electric cars. Electrek reports: For 40 years the Korean automaker has been developing internal combustion engines to use in its ve.....»»
NDK shuts 2 quartz plants in Malaysia due to flood damage
NDK has to suspend production at its two plants for quartz crystal and crystal blank components in Malaysia due to damages caused by floods locally......»»
GameStop Restocking PS5 And Xbox Series X Bundles On December 23 At Select Stores
GameStop will restock bundles of the PS5 and Xbox Series X this Thursday, December 23 at select stores, exclusively for PowerUp Pro Rewards members. The post GameStop Restocking PS5 And Xbox Series X Bundles On December 23 At Select Stores appeared f.....»»
EMC to issue bonds for capacity expansion on IC substrate CCLs
Taiwan-based CCL manufacturer Elite Material (EMC) has disclosed plans to issue NT$3.5 billion (US$125.7 million) in convertible corporate bonds to fund its capacity expansion for CCL materials needed in production of IC substrates now in ever-increa.....»»
Rise of alternative data could be a boon, not a bust, for hedge funds, says study
Whether it's satellite images or social media activity, alternative data has become hot property as hedge funds and other large asset managers hunt for new ways to gain a competitive edge in their trading strategies......»»
US Regulators Flag Climate Change, Stablecoins As Potential Systemic Risks
An anonymous reader quotes a report from Reuters: Climate change, the rapid growth of "stablecoins" and financial innovations that led to frenzied trading of GameStop shares early this year are threats to the U.S. financial system that merit closer s.....»»
IVP 2021 in Review – Breakout Performance with 15 IPOs and $1.8 Billion Fund to Serve Hypergrowth Companies
MENLO PARK, Calif.–(BUSINESS WIRE)–#IPO—IVP shared a summary of key milestones for the last 12 months, an unprecedented year of technology growth despite the world’s continued challenges. Fifteen of the firm’s portfolio companie.....»»
GameStop Will Restock PS5 Bundle In Select Stores On Friday, December 17
GameStop Will Restock PS5 Bundle In Select Stores On Friday, December 17.....»»
Call of Duty: Vanguard just got a price cut with Christmas delivery
GameStop is offering lowered prices for the PlayStation 4, Xbox One, PlayStation 5, and Xbox Series X versions of first-person shooter Call of Duty: Vanguard......»»
Nintendo Switch is in stock at GameStop with Christmas delivery
The Nintendo Switch is often out of stock, but here's your chance to purchase the massively popular hybrid console for its retail price of $300 on GameStop......»»
Hon Hai subsidiary FII to invest in semiconductor companies through PE fund in China
Hon Hai Precision Industry announced that its subsidiary Foxconn Industrial Internet (FII) will invest CNY2.22 billion (US$348.83 million) in a private-equity fund to invest in advanced precision manufacturing projects and semiconductor companies in.....»»
China memory startup gains support from Big Fund
China's National Semiconductor Industry Investment Fund (aka the Big Fund) has made about CNY99.5 million (US$15.64 million) worth of investment in Dosilicon, which specializes in low to medium density and commodity memory chips......»»