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Once valued at $10B, bluebird bio sold to private equity firms for $29M
Uncategorized

Once valued at $10B, bluebird bio sold to private equity firms for $29M

Posted on: February 22, 2025

Bluebird bio, once a leading gene therapy developer, reached a share price of $2,300 in early 2018. However, after failing to establish a market for its three costly […]

Cryptocurrency exchange says it was victim of $1.5 billion hack
Technology

Cryptocurrency exchange says it was victim of $1.5 billion hack

Posted on: February 22, 2025

A major cryptocurrency exchange, Bybit, reported being the victim of a sophisticated hack that resulted in the theft of approximately $1.5 billion worth of digital currency, marking one […]

Dow tumbles more than 700 points as inflation and tariff fears mount
Economy

Dow tumbles more than 700 points as inflation and tariff fears mount

Posted on: February 22, 2025

US stock markets experienced a significant decline on Friday following an economic report indicating growing concerns among American consumers about price increases and the potential impact of President […]

Warren Buffett Sells S&P 500 ETFs Despite Advocating Them
Markets

Warren Buffett Sells S&P 500 ETFs Despite Advocating Them

Posted on: February 22, 2025

Warren Buffett’s Berkshire Hathaway has sold its entire stakes in two S&P 500 ETFs, SPDR S&P 500 ETF Trust (SPY) and Vanguard S&P 500 ETF (VOO), contradicting his […]

Coca-Cola Warns DEI Policy Changes Could Harm Business
Economy

Coca-Cola Warns DEI Policy Changes Could Harm Business

Posted on: February 22, 2025

Coca-Cola has expressed concerns that changes to Diversity, Equity, and Inclusion (DEI) policies could negatively impact its business. In an annual filing, the company emphasized that fostering an […]

Brian Armstrong says Coinbase spent $50M fighting SEC lawsuit — and beat it
Economy

Brian Armstrong says Coinbase spent $50M fighting SEC lawsuit — and beat it

Posted on: February 22, 2025

Coinbase announced on Friday that the U.S. Securities and Exchange Commission (SEC) has agreed to drop its lawsuit against the company with prejudice, ensuring the case cannot be […]

Cryptocurrency exchange says it was victim of $1.5 billion hack
Technology

Cryptocurrency exchange says it was victim of $1.5 billion hack

Posted on: February 22, 2025

A major cryptocurrency exchange, Bybit, reported being the victim of a sophisticated hack that resulted in the theft of approximately $1.5 billion worth of digital currency, marking one […]

Dow tumbles more than 700 points as inflation and tariff fears mount
Economy

Dow tumbles more than 700 points as inflation and tariff fears mount

Posted on: February 22, 2025

US stock markets experienced a significant decline on Friday following an economic report indicating growing concerns among American consumers about price increases and the potential impact of President […]

Stock of the day: Palantir’s surging stock fell 10% after reports of Pentagon budget cuts
Markets

Stock of the day: Palantir’s surging stock fell 10% after reports of Pentagon budget cuts

Posted on: February 21, 2025

Palantir shares dropped 10% due to concerns over potential US military budget cuts. The US Defense Secretary’s order for budget cuts sparked investor worries. Palantir, a major US […]

Tesla EVs Set to Hit Indian Roads as First Shipment Nears
Technology

Tesla EVs Set to Hit Indian Roads as First Shipment Nears

Posted on: February 21, 2025

Tesla is preparing to introduce its electric vehicles (EVs) in India, with the first shipment expected to arrive soon. The U.S.-based EV giant plans to ship thousands of […]

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