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Coinbase boss Armstrong poised to reap fruits of listing
LONDON (Reuters) - As Coinbase Global Inc's multi-billion dollar stock market listing accelerates cryptocurrency's leap to the top table of finance, its founder and CEO Brian Armstrong is poised to reap the benefits of the company's nine-year journey.
As U.S. watchdog steps up scrutiny, Grab deal signals blank-check party peak
(Corrects title of SEC official in paragraph 12)
Coinbase valued at $86 billion in choppy Nasdaq debut
(Reuters) -Coinbase Global Inc was valued at $86 billion at the end of its Nasdaq debut on Wednesday, in a choppy day of trading when its valuation went as high as $112 billion.
Uber expands higher-margin U.S. transit software business with three new agencies
(Reuters) - Uber Technologies Inc on Wednesday said it had signed deals with three new transit agencies to provide routing and matching technology for their public transportation fleets, the company's latest foray into the transit space.
Coinbase listing marks latest step in crypto's march to the mainstream
LONDON (Reuters) -Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, will list on the Nasdaq on Wednesday, marking a milestone in the journey of virtual currencies from niche technology to mainstream asset.
From ride-hailing to fintech: Grab’s journey in the fast lane
Singapore-based Grab Holdings said on April 13 it plans a US listing after merging with the investment fund Altimeter Capital Management in an operation that values the firm at US$39.6bil (RM163.72bil).
SAP nudges up 2021 revenue outlook after cloud gains in first quarter
BERLIN (Reuters) - German software group SAP on Tuesday nudged its outlook for 2021 revenue higher after reporting first-quarter results showing gains in cloud sales following the launch of a new business transformation initiative.
SolarWinds says dealing with hack fallout cost at least $18 million
WASHINGTON (Reuters) - Texas-based SolarWinds Corp said the sprawling breach stemming from the compromise of its flagship software product has cost the company at least $18 million in the first three months of 2021.
South Korean 'phone maniac' won't give up his LG smartphones
SEOUL (Reuters) - South Korean Ryu Hyun-soo describes himself as an "LG phone maniac" and says he won't give up his LG smartphones even though the company that makes them is getting out of the business.
Bitcoin hits record before landmark Coinbase listing on Nasdaq
LONDON (Reuters) -Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the listing of Coinbase shares in the United States.