The Walton family is revealing its stock options, revealing that it held nearly $5 billion in stock at the end of June through a little-known company that helped invest in Wal-Mart’s wealth.According to a document submitted by the US Securities and Exchange Commission to the family investment company WIT LLC, this is an increase fromContinue reading “World’s Richest Family Reveals $5 Billion Worth of Stock Picks”
Category Archives: Business
Cardano is no longer the world’s third largest cryptocurrency
Tech Cardano’s ADA token surged 150% in August, becoming the third largest cryptocurrency in the world by market value. But its victory seems to be short-lived. The cryptocurrency market seemed to have found its sea leg when it returned to the green market on September 30. Cardano has risen by 1.95% to a price ofContinue reading “Cardano is no longer the world’s third largest cryptocurrency”
Vedantu turns unicorn after $100 million funding
Business Edtech startup Vedantu has become the 28th Indian unicorn in 2021 and the fifth edtech unicorn as the company raised $100 million in a series-E round that valued it at over $1 billion. The funding was led by Singapore-based impact investing fund ABC World Asia, and also saw existing investors Coatue, Tiger Global, GGVContinue reading “Vedantu turns unicorn after $100 million funding”
India
Public-private partnership can bring ‘defence production revolution’: Rajnath Defence minister Rajnath Singh on Tuesday said the government has created an atmosphere of jointness to ensure modernisation of the armed forces in the rapidly evolving global security scenario. In his address at Society of Indian Defence Manufacturers (SIDM) annual meeting, he added public-private partnership can bringContinue reading “India”
Business
India, Taiwan May Ink Mega Deal to Set Up Chip Manufacturing Plant. It’s a Global Rescue New Delhi and Taipei have met in recent weeks to discuss a deal that would bring a chip plant worth an estimated $7.5 billion to India.
Tech
Facebook pumping $50 million into its metaverse project is another sign that Zuckerberg doesn’t want to miss the crypto bus Facebook announced a $50 million fund for its metaverse project today.The social network is already working on its own stablecoin called Diem along with a digital wallet dubbed Novi.Cryptocurrencies and non-fungible tokens (NFTs) have aContinue reading “Tech”
Business
Reliance Industries backs Saudi Aramco chairman as independent director The appointment of Yasir Al-Rumayya has taken effect from July 19, 2021 for a term of 3 years, RIL said in a statement.
Amazon announces Astro home robot that will guard the house and help with caregiving.
Tech Amazon has created a personal robot called Astro that can roll around your home. The upcoming $1,499 product is essentially an Amazon Echo, Ring security device, and video screen all packed into a robot on wheels that can respond to your voice commands.
Rolls Royce To Premiere Its First Electric Vehicle Today
Business Rolls Royce is all set to unveil its first-ever electric vehicle today and the brand says it is for the ultra-rich clients. Torsten Muller-Otvos, CEO of Rolls-Royce Motor Cars, confirmed its world premiere when he shared a post on LinkedIn. A few months ago, the company confirmed that it is working on an EVContinue reading “Rolls Royce To Premiere Its First Electric Vehicle Today”
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