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Alibaba Acquires NetEase for $2 Billion as Luxury Push Gathers Pace


The e-commerce industry in China has grown at a truly remarkable pace over the last decade and the company that has decisively emerged as the biggest player in the industry is Alibaba. It is one of the biggest e-commerce companies in the world and due to the sheer size of the Chinese market,...

Femsa all set to Invest $3 Billion in Mexico Until 2021


Over the years, plenty of gigantic corporations have come up in the country of Mexico, and one of the better-known ones from among them is the company Femsa. Over the years, the conglomerate has invested billions of dollars in different parts of the world. In a new development, which should come...

Who Just Moved USD 1 Billion in Bitcoin?


Source: iStock/Marie-Elizabeth Mali More than 94,500 bitcoins (USD 1 billion) were on the move Friday morning, causing a ruckus on the crypto Twitter. Such a transaction constitutes one of the largest wealth transfers recorded on the Bitcoin blockchain. According to the transaction tracker Whale...

Hedge Fund Eminence Capital Plans to Derail £9 Billion Just Eat Merger


Over the course of the past few years, food delivery has become one of the biggest tech businesses in the world, and new food delivery applications are being launched all over the world at a breakneck pace. In this regard, the United Kingdom is one of the biggest markets in the world, and one...

Craig Wright to Challenge Judge’s Ruling in the Billion-Dollar Lawsuit


Craig Wright is looking to challenge Judge Reinhart’s decision and has asked the court for an extension of time in order to dispute the August 27 ruling. Wright was recently instructed to distribute 50% of his BTC holdings allegedly mined before 2014 and intellectual property (IP) to...

Craig Wright Plans to Challenge Court in $10 Billion Lawsuit


Only on August 27th, the year-long lawsuit over an alleged $10 billion Bitcoin fortune did seem to come to an end, finally. In a dispute that had been raised in 2018, between the self-proclaimed inventor of Bitcoin (BTC), Craig Wright, and Kleiman Estate, representatives of the deceased computer...

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