Markets

Amazon Faces Full-Scale EU Antitrust Probe Over iRobot Acquisition
Amazon Faces Full-Scale EU Antitrust Probe Over iRobot Acquisition
June 23, 2023  |  Amazon

Amazon is reportedly facing a full-scale EU antitrust investigation over its $1.7 billion acquisition of iRobot, the maker of the popular Roomba vacuum cleaner introduced in 2002. After...

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Global M&A Volumes Drop by 48% in First Quarter
Global M&A Volumes Drop by 48% in First Quarter
March 31, 2023  |  Acquisitions

Global mergers and acquisitions (M&A) volumes dropped by 48% year over year in the first quarter. As of Thursday (March 30), M&A volumes for the...

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Report: Traders Making $70 Million Gamble on USDC’s Future
Report: Traders Making $70 Million Gamble on USDC’s Future
March 13, 2023  |  Cryptocurrency

The stablecoin USDC may have regained its dollar peg, but traders may not be in the clear. USDC traders could risk multi-million dollar liquidations if...

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LatAm’s dLocal Shares Drop 50% After Muddy Waters Questions Disclosures
LatAm’s dLocal Shares Drop 50% After Muddy Waters Questions Disclosures
November 16, 2022  |  Markets

Muddy Waters Capital has unveiled a short of Uruguay-based, U.S.-listed payments company dLocal Ltd. (DLO) in a report that drew a swift response from the...

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Ethereum’s Moment in Sun Overshadowed as Markets Drive Crypto Down
Ethereum’s Moment in Sun Overshadowed as Markets Drive Crypto Down
September 07, 2022  |  Cryptocurrency

For crypto insiders, Tuesday, Sept. 6 was momentous. So why did the market fall off a cliff last night, with bitcoin down almost 6% and...

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CE100 Index Surges 5% as BNPL Stocks Deliver Strong Gains
CE100 Index Surges 5% as BNPL Stocks Deliver Strong Gains
July 11, 2022  |  Connected Economy

Up, up and …. Well, not quite away. But up. And so, even with a 5% gain in the past week, the PYMNTS ConnectedEconomy 100...

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Slight Rebound for FinTech IPOs Marks Shortened Holiday Week
Slight Rebound for FinTech IPOs Marks Shortened Holiday Week
July 07, 2022  |  IPO

We wouldn’t call it a comeback. But it’s a gain, nonetheless. Coming into the close of a week shortened on Wall Street by the July...

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EU Unveils Plan to Relax IPO Rules to Boost Deep Tech Funding
EU Unveils Plan to Relax IPO Rules to Boost Deep Tech Funding
July 05, 2022  |  Europe

The European Union has published the European Innovation Agenda, a new plan that would help startups and scaleups in Europe to obtain private funding, have...

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Meta’s Mega Market Cap Haircut Speaks Volumes About Metaverse Challenges
Meta’s Mega Market Cap Haircut Speaks Volumes About Metaverse Challenges
July 05, 2022  |  Meta

It seems, for Big Tech, a lightning trip on the way to, and a swift descent from, from the trillion-dollar mark. Trillion-dollar market cap, to...

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