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Backpack Crypto Wallet and Exchange Founder Raises $17M; Startup Company Now Valued at $120 Million

Armani Ferrante made the crypto wallet and exchange venture successful as he raised $17 million in funding to aid global expansion and regulatory compliance as the exchange witnesses growing trading volumes.


Walmart's $45M Settlement Offer for Overcharged Customers - Are You Eligible?

Walmart is set to pay a $45 million settlement following a class action lawsuit alleging overcharging, inaccurate product weights, and mislabeled bagged produce.

Thailand’s Biggest Bank Closes A $860 Million Deal With Home Credit Vietnam

SCB X's acquisition of Home Credit's business in Vietnam for US$860 million will help its regional presence in a tech-savvy population.

FTX Founder Sam Bankman-Fried Requests 100-Year Sentence Reduced to 5-6 Years, Defense Cites Autism

Convicted FTX founder Sam Bankman-Fried seeks reduction from potential 100-year sentence to 5-6 years, citing autism. Defense emphasizes philanthropic intentions and mental health challenges.


Latest News

Tata announces that the new $5 billion battery factory in Bridgwater, Somerset will not just create 4,000 jobs, but will also drive Britain's electric vehicle transition.
Amazon launches a $1 billion fund for AI and robotics, enhancing logistics efficiency and worker safety.
Deck Nine Games, famed for hits like Life is Strange: True Colors, reportedly felt a "worsening market conditions" in the gaming industry, with approximately 20% of its staff affected.
The lawsuit reveals that Nintendo aims to permanently shut down Yuzu, the emulator enabling Legend of Zelda play on Steam Deck, alleging copyright violations and unauthorized game access.
The US Federal Trade Commission (FTC) sued Kroger and Albertsons to stop their $25 billion merger. The Federal Trade Commission (FTC) of the United States has filed a lawsuit against Kroger and Albertsons, seeking to halt their $25 billion merger.
South Korea's market watchdog warned that corporations may be fined for failing to boost shareholder returns over time.
Former President Donald Trump has once again claimed that the US stock market will crash if he does not win in the upcoming presidential election.
After a 2.5-year stalemate, Starbucks and Workers United, the union representing 400 US stores, announced that discussions would resume.
Apple is reportedly abandoning its "Project Titan" work on developing an autonomous electric car.
North Korea has delivered millions of artillery shells to Russia, according to South Korea’s defense minister.