Crypto asset manager CoinShares agrees to go public via SPAC Vine Hill at a $1.2B pre-money valuation, set to close by Q4's end; CoinShares has ~$10B in AUM
Cryptocurrency asset manager CoinShares International Ltd. has agreed to go public in the US through a combination with blank-check company Vine Hill Capital Investment Corp.
Lego CEO Niels Christiansen says the toymaker plans to make video games in-house, after 2024 revenue rose 13% YoY to ~$10B; its Fortnite tie-up has 87M players
Danish toymaker beefs up digital capabilities after success with externally developed games — Lego is building up its capability …
Source: SBF told investors that Alameda owes FTX ~$10B and FTX extended loans to Alameda using customer funds, describing the decision as a poor judgment call
Wall Street Journal :
Source: SBF told an investor that Alameda owes FTX ~$10B and FTX extended loans to Alameda using customer funds, describing the decision as poor judgment
FTX Chief Executive Sam Bankman-Fried told an investor this week that Alameda owes FTX about $10 billion
Sources: TikTok cut its 2022 revenue target from $12B-$14.5B to ~$10B in September, as some staff complain of overspending on salaries, social events, and more
Fast-growing social platform cuts ambitious goals by 20% as some staff complain of lavish spending
Filing: Xiaomi will invest ~$10B over the next decade to manufacture electric cars, with an initial investment of $1.5B in smart vehicle manufacturing
- Chinese phone giant aims to outsource vehicle assembly — Market booms as prices fall, consumers embrace cleaner cars
Google unveils the Google for India Digitization Fund, pledging ~$10B over seven years toward a mix of equity investments, ecosystem investments, and more
and to seeing India become the home of many global firsts in the coming years. https://india.googleblog.com/ ... Ravi Shankar Prasad / @rsprasad : Story of #DigitalIndia is that of development, empowe...