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Bitcoin"s next high: It could soar to $64,000 next year
The growth of bitcoin "mining" activity could send the cryptocurrency's price as high as $64,000, investment research firm Fundstrat said Thursday......»»
Walsin, Holy Stone profits soar in May
Walsin Technology has reported net profits climbed to a record high of NT$1.46 billion (US$47.7 million) in May, while fellow MLCC firm Holy Stone Enterprise saw its net profits hike over 500% from a year earlier to NT$342 million......»»
AppLovin valuation grows to $2 billion after $400 million KKR investment
Private equity firm KKR & Co. is paying $400 million for a minority stake in AppLovin Corp., the mobile marketing company whose 2016 sale to a Chinese buyout company was scrapped last year after it failed to win Washington approval. The new deal v.....»»
Trump says he"s "ready to go to 500" in tariff battle with China
President Donald Trump said he could escalate his trade clash with China by placing tariffs on some $505 billion in Chinese products, representing the entire import balance with the U.S. last year. Trump made his comments during.....»»
Pinduoduo prices IPO at $19 to raise 1.6 billion dollars
Chinese online group discounter Pinduoduo priced its U.S. initial public offering at $19, raising 1.6 billion dollars in the second-biggest U.S. float by a Chinese firm this year. Fred Katayama reports......»»
Pinduoduo prices IPO at $19
Chinese online group discounter Pinduoduo raised $1.6 billion in the second-biggest U.S. initial public offering by a Chinese firm this year. Fred Katayama reports......»»
PCB firm HannStar Board profits surge in 1H18
Taiwan-based PCB manufacturer HannStar Board has reported operating profits surged 63.6% from a year earlier to NT$738 million (US$24.1 million) in the first half of 2018, while consolidated revenues grew 14.3% on quarter to NT$20.64 billion......»»
Tripod Tech posts EPS of NT$3.47 for 1H18
PCB firm Tripod Technology has reported net profits slid 3.9% on year to NT$1 billion (US$32.6 million) in the second quarter of 2018, with EPS reaching NT$1.90. EPS for the first half of 2018 amounted to NT$3.47, compared with NT$3.70 a year earlier......»»
The world"s largest maker of bitcoin mining chips is reportedly hoping to raise $18 billion in what could be one of the largest IPOs in history
YouTube Cryptocurrency mining chip maker Bitmain hopes to raise $18 billion for an IPO in the coming months, according to documents obtained by CoinDesk. If the company raised $.....»»
Yum China rejects $17.6 bln buyout - sources
Fast-food chain operator Yum China has reportedly rejected a $17.6 billion buyout offer from a consortium led by Chinese investment firm Hillhouse Capital Group, quashing what would have been one of Asia's biggest deals this year. Thuy Ong reports......»»
Olaf Carlson-Wee Rode the Bitcoin Boom to Silicon Valley Riches. Can He Survive the Crash?
The 29-year-old now running the world’s largest crypto fund says he is undeterred by recent losses. But his firm, Polychain, has shed around 40% of the $800 million it made for clients last year, and some backers grumble he refuses to change tactics......»»
Inside Bitewei: The $20 Million Bitcoin Miner Being Hailed as a Bitmain Rival
A startup seeking to rival mining giant Bitmain is gaining a reputation as a firm that could disrupt the balance in crypto's most lucrative sector......»»
Inside Bitewei: The New Bitcoin Miner Being Hailed as a Serious Bitmain Rival
A startup seeking to rival mining giant Bitmain is gaining a reputation as a firm that could disrupt the balance in crypto's most lucrative sector......»»
Secretive Crypto Firm Opens Books For 1st Time To Reveal Enormous Profits
Crypto prices surged on Wednesday after Beijing-based Bitmain published its long awaited IPO prospectus, publicly disclosing for the first time just how enormously profitable the purveyor of crypto mining rigs and chips has become since it w.....»»
China"s Anta Sports-led group buying Finland"s Amer Sports for $5.2 billion
A consortium led by China's Anta Sports made an offer to acquire Finland's Amer Sports in a deal that values the company at 4.6 billion euros ($5.23 billion), the Chinese firm said on Friday......»»
Mining Firm Sues Roger Ver, Bitmain and More for ‘Hijacking’ Bitcoin Cash
Mining firm United Investment has launched a lawsuit against Bitmain, bitcoin.com, and Bitcoin ABC devs for allegedly taking control of bitcoin cash......»»
Hong Kong Exchange ‘Hesitant’ to Approve Bitmain IPO, Says Source
The Hong Kong Stock Exchange is reluctant to approve the IPO applications of Chinese bitcoin mining equipment manufacturers, according to a person involved in the talks......»»
Square Brought in Over $166 Million Through Bitcoin Sales Last Year
Mobile payments firm Square has reported its revenue and profits from bitcoin sales in 2018......»»
Apple CEO Tim Cook made $63 million last year — here"s how that breaks down
Apple CEO Tim Cook gets a $3 million annual salary, but stock awards boost his total pay considerably. He's worth more than $2 billion, per Forbes. Apple CEO Tim Cook at the Academy Awards in March.Rodin Eckenroth/Getty imagesApple CEO Tim Cook.....»»
Consumer Goods Company Church & Dwight Predicts Weaker Bottom-Line For Q2 With Moderate Gross Margin Expansion
Church & Dwight exceeds expectations with a 5.1% year-on-year sales surge in Q1 FY24, reaching $1.50 billion, outpacing analyst projections. read more.....»»