Month: January 2022

Crypto exchange FTX valued at $32 billion as SoftBank invests

Published by Reuters UK By Tom Wilson LONDON (Reuters) – Major cryptocurrency exchange FTX raised $400 million from investors including SoftBank at a valuation of $32 billion, it said on Monday, making the platform one of the most valuable start-ups in the fast-growing digital currency sector. The funding round also included investments from Singapore’s Temasek Holdings and the Ontario Teachers’ Pension Plan Board among others, FTX said. Bahamas-based FTX is the owner and operator of FTX.com, a crypto platform that caters to a wide customer base including retail and institutional investors outside the United States. …

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Peer-Reviewed Lifecycle Analysis Shows Conventional Production of EV Battery Metals Will Generate Significant Waste Streams But Could Be Reduced By Using Deep-Sea Nodules

Solid waste by metal Peer-reviewed research commissioned by The Metals Company and published in the Yale Journal of Industrial Ecology finds that producing four key battery metals (nickel, copper, cobalt, manganese) from seafloor polymetallic nodules could reduce lifecycle solid waste by 59-93% compared to land ores. Researchers modelled solid waste streams over the lifecycle of metal production, including […]

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Continu, the World’s First Learning Amplification Platform™, Secures $13.5M in Funding

NEW YORK, Jan. 31, 2022 (GLOBE NEWSWIRE) — Continu.com, the world’s first Learning Amplification Platform™, announced the closing of a $13.5 million Series A investment led by Five Elms Capital, with participation from existing investors Reformation Partners and Geoffrey T. Barker, Chairman of Smartsheet. Continu plans to leverage the investment to expand on its vision of reimagining […]

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jooli Redefines the Online Shopping Experience

The German video shopping expert is coming to India JAIPUR, India, Jan. 31, 2022 (GLOBE NEWSWIRE) — jooli, currently Europe’s fastest-growing and most intuitive video shopping app, is now hitting the Indian market. jooli in India has been launched by the European founders together with Prashant Sharma and Ritesh Badia. “We see great potential in […]

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Stock Market Today – 1/31: Stocks Slide As Bruising January Lurches To A Close

Published by The Street By Martin Baccardax Wall Street is looking at more losses Monday as traders say farewell to a bruising month of trading in January while bracing for another hectic week of corporate earnings and a key reading on the job market. U.S. equity futures moved lower Monday, while Treasury bond yields were held in check and the dollar eased against its global peers, as investors looked to exit a bruising January while grappling with the same concerns over inflation, Fed rates and the pace of the global recovery. With the S&P 500 looking at a month-to-date decline

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Credit Suisse names Huray as SE Asia investment banking vice chairman – memo

Published by Reuters UK SINGAPORE (Reuters) – Credit Suisse Group has appointed Robert Huray as vice chairman of its Southeast Asia investment banking and capital markets business, according to a memo seen by Reuters. Credit Suisse confirmed the contents of the memo. Huray, a senior regional banker, operated the investment banking business of Malaysian lender RHB from 2016 till early 2021 after which he oversaw the Southeast Asian investments of Malaysian tycoon Robert Kuok’s conglomerate Kuok Group, according to his LinkedIn profile. Huray, who was with Credit Suisse for four years from 2000, will report to Rehan An…

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