Celsius' Chapter 11 filing shows that its biggest creditor, to which it owes $81M, is little known fund Pharos, which has staff with links to Sam Bankman-Fried — Among the more than 100,000 creditors of Celsius Network Ltd., the crypto lender that filed for bankruptcy on Wednesday, one entity stands out: Pharos USD Fund SP.
Amazon plans to create 4K+ jobs in the UK in 2022, including in software development and engineering, bringing its permanent workforce in the UK to 75K+ — - Amazon says it will create more than 4,000 permanent jobs in the U.K. in 2022. — The latest hiring push will bring …
European Commission says Amazon offered to limit its use of marketplace seller data and make changes to “Buy Box” rankings in a bid to settle antitrust concerns — Amazon has offered to limit its use of marketplace seller data and makes changes to ‘Buy Box’ rankings in a bid …
Former staff and internal documents detail Celsius' implosion; its own compliance unit warned of poor oversight and misrepresentation of financial information — When Daniel Leon, one of the founders of Celsius Network, posted a Twitter video addressed to Warren Buffett in January 2021, he was in high spirits.
UK-based stock trading app Lightyear has raised a $25M Series A led by Lightspeed and is launching in 19 European countries including Germany and France — - Lightyear, a stock trading app based in the U.K., has raised $25 million in fresh funding to expand its presence across Europe.
Kakao says it will remove an external payment link from its KakaoTalk messaging app on Play Store, after Google blocked it from issuing updates on July 6 — South Korean messaging giant Kakao confirmed today it will remove an external payment option after Google blocked the South Korean company behind KakaoTalk from issuing updates.
Italy's competition authority says it launched an investigation against Google alleging that it hindered interoperability with other platforms; Alphabet denies — Italy's competition authority AGCM said on Thursday it had launched an investigation against Google (GOOGL.O) …
JPMorgan: bitcoin's production cost dropped from ~$24K at the start of June to ~$13K now, as miners seek profitability by deploying more efficient mining rigs — Bitcoin's cost of production has dropped from about $24,000 at the start of June to around $13,000 now, which may be seen …
Sources: Foxconn Industrial Internet took a minority stake in Chinese state-backed chipmaker Tsinghua Unigroup for $788M during Unigroup's $9B bailout by China — A Shanghai-listed arm of Foxconn Technology Group acquired a stake in China's top chipmaker during its $9 billion bailout …
Truecaller launches Open Doors, a Clubhouse-like app which lets users register with their phone numbers and audio chat with their contacts who have the app — If you thought of the age of companies launching real-time audio chat apps, you're wrong. Swedish caller identification service Truecaller …
Sources: Unity to merge with app monetization service Ironsource, valued at $5B in the merger after going public in 2021 via a SPAC merger at a $11.7B valuation — Both companies have seen their share price plummet this year and have decided to join forces, “Calcalist” …
Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...
