Tag: parent

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Gemini Says Genesis Parent DCG Missed $630 Million Payment

Gemini Says Genesis Parent DCG Missed $630 Million Payment

Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default. www.coindesk.com [...]
Olive Garden parent Darden Restaurants fine dining Ruth’s Chris deal

Olive Garden parent Darden Restaurants fine dining Ruth’s Chris deal

A Ruth's Chris Steak House in Miami, May 3, 2023.Joe Raedle | Getty Images News | Getty ImagesOlive Garden owner Darden Restaurants is betting on fine [...]
Deribit Parent Company Leads $4.4M Seed Funding Round Into Dutch Crypto Exchange Finst

Deribit Parent Company Leads $4.4M Seed Funding Round Into Dutch Crypto Exchange Finst

The oversubscribed funding round will be used to expand Finst's range of products drive its international expansion plans. www.coindesk.com [...]
Silicon Valley Bank's Parent Company Files for Bankruptcy

Silicon Valley Bank's Parent Company Files for Bankruptcy

The company said Friday it had filed for court-supervised reorganization in the United States Bankruptcy Court for the Southern District of New York t [...]
Silicon Valley Bank's Parent Looking at Strategic Alternatives

Silicon Valley Bank's Parent Looking at Strategic Alternatives

The SVB Financial Group appointed a restructuring committee for its venture capital and investment banking arm. www.coindesk.com [...]
Facebook Parent Company Meta Exploring Decentralized App: Report

Facebook Parent Company Meta Exploring Decentralized App: Report

The app, codenamed P92, will be a standalone product for sharing text updates www.coindesk.com [...]
Facebook Parent Company Meta Exploring Decentralized App: Report

Facebook Parent Company Meta Exploring Decentralized App: Report

The app, codenamed P92, will be a standalone product for sharing text updates www.coindesk.com [...]
Bankrupt Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors: Source

Bankrupt Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors: Source

The term sheet also involves refinancing the outstanding loans where DCG borrowed $500 million in cash and about $100 million worth of bitcoin (BTC) f [...]
Filecoin Parent Company Protocol Labs Cuts 21% of Staff

Filecoin Parent Company Protocol Labs Cuts 21% of Staff

Protocol Labs, the company behind decentralized file storage network Filecoin, is laying off 21% of its staff, CEO Juan Benet announced in a blog post [...]
Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022

Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022

For the whole of 2022, Meta lost $13.7 billion in the division on revenues of $2.2 billion, up from a loss of $10.2 billion on revenues of $2.3 billio [...]
CoinDesk could be up for grabs as parent company DCG scrambles for funds

CoinDesk could be up for grabs as parent company DCG scrambles for funds

Crypto media outlet CoinDesk is reportedly considering a potential sale as its parent company Digital Currency Group (DCG) looks to strengthen its bal [...]
Huobi Korea seeks to split from parent company, change its name: Report

Huobi Korea seeks to split from parent company, change its name: Report

Local media reported Jan. 9 that cryptocurrency exchange Huobi Korea is preparing to purchase its shares from Huobi Global and change its name. About [...]
Final Fantasy Parent Square Enix Is Bullish on Blockchain Gaming in 2023

Final Fantasy Parent Square Enix Is Bullish on Blockchain Gaming in 2023

"In terms of new business domains, we named three focus investment fields under our medium-term business plan," Matsuda wrote. "Among those, we are mo [...]
FTX US ‘Was Not Independent’ of Parent Company, New FTX CEO Will Say in House Testimony

FTX US ‘Was Not Independent’ of Parent Company, New FTX CEO Will Say in House Testimony

John Ray III, who assumed leadership of the company last month hours before it filed for bankruptcy, will tell the House Financial Services Committee [...]
Parler halts intent of sale to Kanye West, parent company announces

Parler halts intent of sale to Kanye West, parent company announces

“Every human being has something of value that they brought to the table, especially Hitler,” Ye said during an interview with the far-right provocat [...]
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