Financial
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The Global X Fintech ETF dropped 52% in 2022, above the broader financial sector's 12% drop and Nasdaq Composite Index's 33%, weighed down by interest rates (Peter Rudegeair/Wall Street Journal)
Peter Rudegeair / Wall Street Journal: The Global X Fintech ETF dropped 52% in 2022, above the broader financial sector’s…
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Financial e-commerce and consumer data analytics company GoLogiq agrees to acquire blockchain fintech GammaRey for $320M in an all-stock deal (Zhiyuan Sun/Cointelegraph)
Zhiyuan Sun / Cointelegraph: Financial e-commerce and consumer data analytics company GoLogiq agrees to acquire blockchain fintech GammaRey for $320M…
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Crypto has built a toy financial system and had a toy financial crisis; in order to work in the long run it has to prove its real usefulness outside of finance (Matt Levine/Bloomberg)
Matt Levine / Bloomberg: Crypto has built a toy financial system and had a toy financial crisis; in order to…
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Jakarta-based Akulaku, a digital banking startup which offers a virtual credit card, neobank, and more, raised $200M from Japan's Mitsubishi UFJ Financial Group (Catherine Shu/TechCrunch)
Catherine Shu / TechCrunch: Jakarta-based Akulaku, a digital banking startup which offers a virtual credit card, neobank, and more, raised…
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Internal memo: Xiaomi President Wang Xiang and co-founders Hong Feng and Wang Chuan step down, as the company battles slowing sales from COVID-19 disruptions (Financial Times)
Financial Times: Internal memo: Xiaomi President Wang Xiang and co-founders Hong Feng and Wang Chuan step down, as the company…
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TSMC is in advanced talks with key suppliers about setting up its first European plant in Dresden, Germany; construction could begin in early 2024 (Financial Times)
The year we’ve had: Office Integrator in 2022 — We began 2022 with the goal to make office editor integration…
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Ukrainian Vice PM Mykhailo Fedorov expects 10K+ more Starlink terminals to arrive in the coming months, saying "all financial issues have been resolved" for now (Bloomberg)
Bloomberg: Ukrainian Vice PM Mykhailo Fedorov expects 10K+ more Starlink terminals to arrive in the coming months, saying “all financial…
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