Generative Data Intelligence

Tag: financial position

Ripple To Buy Back $285 Million Worth Of Its Shares From Early Investors

Crypto-payments firm Ripple Labs has announced to buy back $285 million worth of its shares from early investors, valuing the company...

Ripple to be valued at US$11.3 bln following share repurchase

Ripple Labs, the San Francisco-based cryptocurrency payments firm, will reportedly repurchase US$285 million of its shares, effectively valuing the company at US$11.3 billion. The buyback...

Plus500’s 2023 Revenue Hits $725M, Surpasses “Market Expectations”

London-listed Plus50 (LON: PLUS) issued a trading update today (Monday), revealing an annual revenue of about $725 million for 2023, along with an EBITDA...

Faraday Future Delivers an FF 91 2.0 to its Newest User, Jim Gao, Vice President of FF’s Intelligent Internet Application Service Platform, Marking Ten...

LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today...

Revolut Files Delayed 2022 Financials: Revenue Jumps 45% to $1.1B

A couple of days after media reports, Revolut released its official numbers. The fintech’s revenue for 2022 crossed $1.1 billion, 45 percent higher than...

SCG Decor PCL (SCGD) debuts on SET with largest IPO of the year

BANGKOK, Dec 20, 2023 - (ACN Newswire) - SCG Decor PCL (SET: SCGD) debuted on the SET with the largest IPO of the year....

Michael Saylor Says Bitcoin (BTC) Could Become Legitimate Treasury Reserve Asset for America’s Biggest Companies – The Daily Hodl

MicroStrategy founder and executive chairman Michael Saylor says that Bitcoin (BTC) could soon become a “legitimate” treasury reserve asset for top US companies. In a...

FTC bans Rite Aid from using facial recognition for 5 years

American drugstore chain Rite Aid was banned by the US Federal Trade Commission (FTC) from using AI facial recognition technology for surveillance purposes for...

Marathon Digital Acquires Two New Bitcoin Mining Sites For $178.6M

Bitcoin mining company Marathon Digital Holdings has entered into a purchase agreement to acquire two operational Bitcoin mining sites, amounting...

What Do CISOs Have to Do to Meet New SEC Regulations?

Question: How can CISOs keep up with changing cybersecurity regulations?Ilona Cohen, Chief Legal and Policy Officer, HackerOne: It is never an easy time to...

Automated Wealth Management: how AI is revolutionising personal finance

In the world of personal finance, many people find themselves navigating a path without a trusted guide. The resulting advice gap leaves many worried...

FASB Finalizes New Accounting Standards for Crypto Assets

The Financial Accounting Standards Board (FASB) has taken a significant step in addressing the complexities of accounting for crypto assets. On December 13, 2023,...

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