Polyhedra Network secured $20M in funding, led by Polychain Capital and Animoca Brands, for a valuation of $1B. Innovative zero-knowledge proofs drive its global expansion in Web 3 infrastructure.
Articles by John Lopez
Latest News
Shorecliff Asset Management, co-founded by Grant Nachman and Anthony La Lota, tripled its assets to over $500 million. It pivots towards higher-quality credit investments and achieves remarkable returns.
The European Commission launched a probe into AliExpress for alleged dissemination of illegal content and pornography under the Digital Services Act, marking the third formal investigation.
Kaspersky study reveals APAC businesses rapidly adopt AI and IoT, with cybersecurity challenges looming. There is an urgent need for a skilled workforce and robust strategies.
OKX secures a digital payment license in Singapore, advancing its crypto services, while Crypto.com faces a €2.85 million penalty from the Dutch Central Bank for unregistered operations.
House votes overwhelmingly to compel TikTok to sever ties with ByteDance or face national ban amid bipartisan push citing national security risks.
German Chancellor Scholz faces pressure over refusal to supply Taurus missiles to Ukraine amid Russian interception, sparking internal debate and international scrutiny.
Shionogi preps U.S. launch of Xocova for 2025 amid Japan's funding cuts for COVID meds. Pfizer's Paxlovid shows declining real-world efficacy.
Russia's Sokol crude faces a backlog, with tankers stranded off Singapore and South Korea due to US sanctions. China emerges as a key importer, aiding clearance.
Kohl's partners with WHP Global, bringing Babies R Us to 200 stores, targeting younger shoppers and expanding offerings despite recent mixed earnings.
Despite global toy industry struggles, Lego thrives with 2% sales growth in 2023, focusing on China expansion and digital initiatives for sustained success.
Nvidia CEO Jensen Huang asserts firm GPU dominance in the AI chip market, emphasizing Nvidia's advantage over rivals even if their chips were free.
US Commerce Secretary aims to restrict China's access to advanced semiconductor tech for military use. Biden administration considers new curbs on Chinese firms.
Panasonic Energy is considering a major investment in Kansas amid EV market concerns. The expansion will boost Tesla's 4680 battery production despite slowing demand.
HelloFresh, a German meal-kit delivery service, faced a 42% stock decline following a bleak 2024 earnings outlook, with adjusted EBITDA expected to drop significantly. Regulatory issues and declining subscriber numbers further challenge its sustainability.
Elon Musk's criticism of MacKenzie Scott's philanthropy stirred debate on social media. SpaceX faces legal action over alleged sexism.
China's Big Fund raises $27 billion to counter US tech restrictions, aiming for chip self-sufficiency amidst escalating tensions. US tightens curbs as China pushes for autonomy.
Cigna broadens coverage for weight loss drugs, capping spending increases at 15%. To address rising costs, it expands programs for diabetes and obesity management.
A survey by Assurance IQ unveils Americans' financial struggles in 2023. 66% sacrificed to pay bills; 41% used loans or credit cards. Healthcare costs and insurance complexities persist.
DC Council approves bill allowing restaurants/bars to add 20% service fees. Aimed at aiding struggling businesses, transparency and worker wages are addressed, though concerns and debate persist.
From humble beginnings as a crew member, Tanya Hill-Holliday's rise to corporate executive at McDonald's showcases perseverance and dedication, inspiring Women's History Month.
Oil prices surged 2% post-Fed Chair Powell's hints at rate cuts. WTI crude reached $79.73/barrel, reflecting monetary policy's impact on commodity markets.
Biden's proposed $8 cap on credit card late fees aims to relieve consumer burden, but the industry warns of potential interest rate hikes and unintended consequences.
The Dutch government has initiated talks with ASML to thwart potential relocation amid concerns over anti-immigration policies, highlighting the Netherlands' economic and regulatory challenges.
Abu Dhabi's Etihad Airways is eyeing an Initial Public Offering (IPO) after a revenue surge and passenger boost in 2023. The CEO confirms readiness amid industry challenges.
Google agrees to reinstate Indian apps removed over service fee dispute — government scrutiny and startup pushback prompt decisions, aiming for a long-term resolution.
World Bank's report unveils the global workplace gender inequality crisis. Legal protections for women lag behind, hindering economic growth.
Houthi attacks disrupt Red Sea shipping, causing global companies like Geely, Tesla, and Adidas to face delays and logistic challenges, prompting strategic adaptations.
SpaceX embroiled in legal battle over alleged sexist behavior by CEO Elon Musk, facing labor violations accusations, while Musk also faces legal action from former Twitter executives.
North Korean hackers use sophisticated techniques to breach South Korean semiconductor firms, raising concerns over sanctions evasion and regional security. Cyberthreats persist amid collaborative efforts to counter them.