Illustration by Alex Castro / The Verge The US federal government has charged two Russian nationals in connection with the series of hacks that brought down the Mt. Gox Bitcoin exchange in 2014. In a press release on Friday, the Department of Justice says it charged Alexey Bilyuchenko and Aleksandr Verner with conspiring to launder...
Thu 08-06-2023 20:12 PM DUBAI, 8th June, 2023 (WAM) — Dubai Financial Market (DFM) conducted today four major Direct Deal Transactions (DDT) on 5 million shares of the Gulf Navigation Holding PJSC worth AED 20 million. The company’s share closed 8 percent higher at AED 5.4 after trading of more than 13.6 million shares at...
Paris-based startup Pigment has raised a Series C round of $88 million — the investment was led by Iconiq Growth. Pigment wants to take on Microsoft Excel and offer a business planning platform that works better than products from enterprise software behemoths, such as Oracle or SAP. It’s a new take on a critical product for...
© Reuters. FILE PHOTO: The logo of the web service Amazon is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration/File Photo By Foo Yun Chee LUXEMBOURG (Reuters) – Amazon (NASDAQ:) should not pay 250 million euros ($268 million)in back taxes to Luxembourg as ordered by EU competition enforcers, an adviser to Europe’s top...
Amsterdam-based insurtech startup Insify has completed its Series A funding round with another €10 million ($10.7 million at today’s exchange rate). Overall, the startup has raised €25 million as part of its Series A round ($26.7 million). Munich Re Ventures, the venture capital division of the large reinsurance company, is leading the extension round. Insify...
ABU DHABI, 8th June, 2023 (WAM) — ADNOC Logistics and Services plc, a global energy maritime logistics leader, announced today that it has been awarded a $975-million artificial island construction contract by ADNOC Offshore. As part of ADNOC’s In-Country Value programme, at least 75% of the total contract value for dredging, land reclamation and marine...
Spanish startup Life5 has raised its third funding round and has been growing nicely since my previous post. The company also has a new name as it used to be called Getlife. In addition to its home country, Life5 now sells life insurance produts in France. After raising a €1 million pre-seed round and a...
Illustration: Alex Castro / The Verge Microsoft is set to pay the Federal Trade Commission (FTC) a $20 million settlement over charges that the company violated the Children’s Online Privacy Protection Act (COPPA). The company retained certain personal information of kids far longer than it should have when they made accounts, according to a press...
© Reuters. FILE PHOTO: A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, January 25, 2023. REUTERS/Gonzalo Fuentes By Kanishka Singh WASHINGTON (Reuters) -Microsoft will pay $20 million to settle U.S. Federal Trade Commission (FTC) charges that the tech company illegally collected personal information from children without their parents’ consent,...
© Reuters. (Reuters) – Blackstone (NYSE:) Real Estate Income Trust Inc (BREIT) has agreed to sell a Texas-based resort to Ryman (NYSE:) Hospitality Properties Inc for $800 million, as the asset management giant looks to cash in on resurgent demand for leisure travel and retreat. The deal for Texas-based JW Marriott San Antonio Hill Country...