43B

Technology

US-based fintech FIS says it will spin off Worldpay, which it acquired for ~$43B in July 2019; FIS stock has dropped around 45% since the acquisition (Financial Times)

[ad_1] Financial Times: US-based fintech FIS says it will spin off Worldpay, which it acquired for ~$43B in July 2019;…

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Stock Market

‘I would not touch crypto in a million years’: Jim Cramer blasts ‘dangerous’ $4.3B bailout of crypto bank — here’s how to prep for a collapse of crypto confidence

[ad_1] ‘I would not touch crypto in a million years’: Jim Cramer blasts ‘dangerous’ $4.3B bailout of crypto bank —…

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Technology

Source: Publicly-traded US bitcoin miner Core Scientific is filing for Chapter 11 bankruptcy on Wednesday, as its valuation fell from $4.3B in July 2021 to $78M (MacKenzie Sigalos/CNBC)

[ad_1] MacKenzie Sigalos / CNBC: Source: Publicly-traded US bitcoin miner Core Scientific is filing for Chapter 11 bankruptcy on Wednesday,…

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Technology

Minnesota-based Arctic Wolf, which offers cybersecurity tools and on-site experts, raised $401M in debt, after raising $150M at a $4.3B valuation in July 2021 (Kyle Wiggers/TechCrunch)

[ad_1] Kyle Wiggers / TechCrunch: Minnesota-based Arctic Wolf, which offers cybersecurity tools and on-site experts, raised $401M in debt, after…

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Technology

Baidu reports Q2 revenue dropped 5% YoY to ~$4.3B but net income reached ~$543M, beating estimates despite faltering Chinese consumer demand amid lockdowns (Zheping Huang/Bloomberg)

[ad_1] Zheping Huang / Bloomberg: Baidu reports Q2 revenue dropped 5% YoY to ~$4.3B but net income reached ~$543M, beating…

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Technology

IC3 says there were 241K+ reports of business email compromise scams globally from June 2016 to July 2019, totaling $43B+ in actual and attempted losses (Sergiu Gatlan/BleepingComputer)

[ad_1] Sergiu Gatlan / BleepingComputer: IC3 says there were 241K+ reports of business email compromise scams globally from June 2016…

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Technology

Filing: Elon Musk delivers a non-binding proposal to acquire all of Twitter's outstanding stock for $54.20/share, in a deal worth $43B; Twitter stock jumps 11%+ (Bloomberg)

[ad_1] Bloomberg: Filing: Elon Musk delivers a non-binding proposal to acquire all of Twitter’s outstanding stock for $54.20/share, in a…

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Technology

Collectors, which is building AI tools to authenticate and grade sports cards, raised $100M at a $4.3B valuation, after being acquired for ~$850M in Feb. 2021 (Brett Knight/Forbes)

[ad_1] Brett Knight / Forbes: Collectors, which is building AI tools to authenticate and grade sports cards, raised $100M at…

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