Tuesday, November 29, 2022

acquisition

Binance Abandons Deal to Acquire FTX, FTX Needs $4 Billion Urgently

Binance, the world's largest cryptocurrency exchange, has announced that it has reversed its decision to acquire rival exchange FTX, bringing the company to the brink of collapse. The announcement comes a day after the CEO of Binance...

Payhippo Acquires Marine Microfinance Bank

Nigerian startup Payhippo, in a move to expand its product offerings, has acquired Maritime Microfinance Bank (MFB), in a deal subject to approval by the Central Bank of Nigeria (CBN).Payhippo, the AI-powered digital lender, said in a statement...

Kanye West buys ‘unblockable’ social media platform, Parler

Famous American rapper Kanye West has reached an agreement with Parler that will make the veteran musician buy the "unstoppable platform for freedom of expression".In a statement issued by Kanye West and Parler on Monday, the move was...

Elon Musk will buy the real Twitter this time

The Elon Musk/Twitter issue is about to end if new discoveries are about to emerge. The Tesla CEO and currently the world's richest person and Twitter have in recent months gone back and forth about the former's...

Adobe Group Acquires Design Platform Figma for $20 Billion

According to a recent announcement, Adobe will acquire well-known design platform Figma, in a cash and stock deal worth approximately $20 billion. Early Thursday, there was speculation about a possible takeover; Soon, Adobe confirmed this in...
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