Investors Sue Thirteen Lune Founder for Alleged Fraud and Embezzlement Investing in a promising business can be a lucrative opportunity, but it comes with its risks. The recent lawsuit filed in California against the founder of Thirteen Lune, a notable beauty retailer, sheds light on the darker side of entrepreneurship. Two investors have taken legal […]
Filmmaker accused of stealing $11 million from Netflix to trade crypto and shares
Filmmaker Faces 20 Years in Prison for Allegedly Stealing $11 Million from Netflix In a shocking turn of events, a prominent filmmaker has found himself in hot water after being accused of embezzling a staggering $11 million from streaming giant Netflix. The filmmaker, whose name has not been disclosed due to legal reasons, is facing […]
Thailand approves millions for data centres
Thailand’s Data Centre Industry Gains Momentum with Multi-Million Dollar Investments Thailand’s data centre industry is witnessing a significant surge in investments, with companies like Beijing Haoyang, Empyrion Digital, and Thai firm GSA Data Center 02 leading the way. These major players are pouring millions of dollars into the country’s burgeoning data centre sector, signaling a […]
Trump pushes for government crypto holdings
Trump Pushes for Government Crypto Holdings In the ever-changing landscape of finance and technology, the concept of cryptocurrencies has been a hot topic of debate. Recently, former President Donald Trump made headlines by advocating for the US government to invest in cryptocurrencies. Supporters of this idea highlight the potential for significant taxpayer gains and believe […]
Singapore minister warns against crypto investments amid rising fraud
Beware of Crypto Investments: Singapore Minister Cautions Against Rising Fraud Cryptocurrencies have undoubtedly revolutionized the financial landscape, offering decentralized and efficient solutions for transactions and investments. However, with innovation comes risk, and the recent warning by a Singapore minister highlights the growing concerns surrounding crypto investments. The anonymous nature of cryptocurrencies, while appealing for privacy […]
Coach Parent Tapestry to Sell Stuart Weitzman Footwear Brand for $105 Million
Coach Parent Tapestry to Sell Stuart Weitzman Footwear Brand for $105 Million In a strategic move to streamline its portfolio and focus on organic growth, Coach parent company Tapestry has announced the sale of the iconic Stuart Weitzman footwear brand for a significant $105 million. This decision comes on the heels of Tapestry’s commitment to […]
Blocksquare launches EU-compliant real estate tokenisation framework
Blocksquare Revolutionizes Real Estate Investment with EU-Compliant Tokenisation Framework In a groundbreaking move that is set to transform the real estate investment landscape, Blocksquare has launched an innovative EU-compliant tokenisation framework. This pioneering framework is designed to streamline the process of real estate investment by integrating with land registries, enabling property owners to tokenise economic […]
L’Oréal Sells €3 Billion of Sanofi Stock Back to Drugmaker
L’Oréal Sells €3 Billion of Sanofi Stock Back to Drugmaker L’Oréal, the renowned French cosmetics giant, has recently made a strategic move by selling €3 billion of Sanofi stock back to the drugmaker. This significant transaction is not just about reshuffling assets; it signifies a calculated step towards optimizing L’Oréal’s balance sheet. By divesting a […]
BlackRock Secures License to Operate in Abu Dhabi
In a noteworthy development in the world of finance, BlackRock, the global investment management corporation, has obtained a commercial license to operate in Abu Dhabi. This strategic move, announced on November 18, 2024, highlights the firm’s increasing engagement with the Middle East, particularly in the realm of digital finance and technologies. This license opens the […]
Trump's Win Sparks Surge of Over 11,000 New Bitcoin Millionaires
Donald Trump’s victory in the 2024 presidential election has unleashed a remarkable surge in Bitcoin wealth, giving rise to more than 11,000 new Bitcoin millionaires. This phenomenon unfolded on November 6, when the number of Bitcoin wallets holding resources equivalent to or exceeding $1 million jumped from 121,061 to 132,842 within a single month. Such […]