Tag: stake
McDonald’s increases minority stake in China business
Customers wait for their takeout food outside a McDonald's restaurant during the May Day holiday on May 1, 2022 in Beijing, China.VCG | Getty ImagesMc [...]
Crypto exchange Bullish buys 100% stake in crypto media site CoinDesk: Report
Crypto media platform CoinDesk was acquired by crypto exchange Bullish on Nov. 20, according to a report published in the Wall Street Journal (WSJ). T [...]
Argentina heads to the polls today and the existance of the currency is at stake
Milei, on the left, leads Massa in the final pollsLatin America's second largest economy heads to the polls today in a major election featuring an out [...]
A Slew of Wacky FX Rates at Stake in Argentina’s Sunday Election
A mishmash of exchange rates for <-bsp-bb-link state="{"bbHref":"bbg://securities/1310Z%20AR%20Equity","_id":"0000018b-dead-de26-a7ef-febd15110002" [...]
Activist investor ValueAct has been building a stake in Disney
Disney CEO Bob Iger speaking with CNBC's David Faber at the Allen&Co. Annual Conference in Sun Valley, Idaho.David A. Grogan | CNBCValueAct Capita [...]
Asia Fund Picks Up Majority Stake in The Block, Buys Out Shares Tied to Sam Bankman-Fried Loan
Singaporean venture capital firm Foresight Ventures has bought a majority stake in The Block, with the crypto media outlet being valued at $70 million [...]
Proof of Stake Alliance updates recommendations for staking providers
The Proof of Stake Alliance (POSA), a non-profit organization that represents firms in the crypto staking industry, published an updated version of it [...]
Proof of Stake Alliance (POSA) Members Including Lido, Coinbase Release Updated ‘Staking Principles’
“Amid rapid technological advancement, self-regulation from leaders of the proof of stake ecosystem is essential,” Evan Weiss, founder of POSA, said i [...]
OpenSea investor marks down stake in platform by 90%: Report
United States tech investment firm Coatue Management has marked down the value of its stake in non-fungible token (NFT) platform OpenSea by 90%. On No [...]
Disney to buy remaining Hulu stake from Comcast
Rafael Henrique | SOPA Images | LightRocket | Getty ImagesDisney said Wednesday that it had agreed to buy Comcast's one-third stake in streaming servi [...]
Sam Bankman-Fried “doubled down” by buying Binance’s stake in FTX — U.S. prosecutors
Federal prosecutors claimed Sam "SBF" Bankman-Fried “doubled down” on the use of customers’ funds when he purchased Binance’s $2 billion stake in FTX [...]
K-Bank Buys Majority Stake in Thai Crypto Exchange Satang for $103M
“K-Bank is intensifying its efforts in the cryptocurrency sector, positioning itself alongside SCB. They are keen on offering a full spectrum of crypt [...]
FTX Used Customer Funds to Buy Back Binance Stake, Accounting Prof Reveals
“Oh, yes,” Easton said when asked by the court whether FTX ever spent user deposits. The professor testified these user deposits were reinvested into [...]
Vans owner VF Corp shares jump after activist investor builds stake
A shopper passes in front of a North Face store at the Easton Town Center mall in Columbus, Ohio, on Jan. 7, 2021.Luke Sharrett | Bloomberg | Getty Im [...]
Nelson Peltz increases Disney stake, reignites potential proxy battle
Nelson Peltz speaking at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019.Adam Jeffery | CNBCA proxy battle between Nelson Peltz and [...]