Jack Ma Gives Up Control Of Fintech Giant Ant Group
Chinese billionaire Jack Ma is no longer the leading shareholder in his fintech company Ant Group. Jack Ma controlled nearly 54% shares. The Chinese financial behemoth Ant Group will no longer be under the leadership of Alibaba co-founder and CEO Jack Ma. According to Reuters, the shareholders of the fintech firm approved a set of […]
Mt. Gox Creditors Receive New Repayment Schedule
The first reimbursement from Mt. Gox has been delayed by two months, repayments will begin on March 10th. The first installment of repayments from Mt. Gox’s due date has been delayed by two months, from July 31 to September 30, according to a notice from the creditors. Additionally, the payment start date has been delayed […]
AR Rahman Introduces Metaverse Platform On His Birthday
Rahman’s original works will also be made available on the Metaverse platform that allows musicians to directly upload and monetize their works. The renowned music director and composer AR Rahman turned 56 on Friday. The Oscar-winning musician AR Rahman announced the opening of his metaverse platform, “Katraar,” on the occasion of his birthday. He also […]
NFT Marketplace SuperRare Announces Mass Layoff
CEO John Crain of SuperRare announced they will let go of 30% of the staff, claiming that they overhired and he is assuming full ownership. According to CEO John Crain of SuperRare, the non-fungible token (NFT) market, 30% of the staff will be let go. In the screenshot sent on Twitter, Crain claimed that they […]
Ferrari cuts ties with crypto sponsor ahead of Formula One season
Scuderia Ferrari joined the growing list of Formula One racing teams to end partnerships with their cryptocurrency sponsors. The racing unit of premium automaker Ferrari, Scuderia Ferrari, has joined the growing number of Formula One teams who have ended their relationships with its cryptocurrency sponsors. Prior to the 2023 season, Ferrari ended their multi-year collaboration […]