Pinduoduo Founder Suffers Biggest Loss of Wealth in the World
Pinduoduo founder Colin Huang has suffered $27 billion in losses — the biggest decrease in wealth in the world this year. Huang founded Pinduoduo, also known as PDD, a Chinese technology platform...
View ArticlePM Mitsotakis Exalts Greek Economy in Meeting New York Leaders
Greece’s Prime Minister Kyriakos Mitsotakis said on Thursday in New York that the growth of the Greek economy may exceed an impressive 5.9 percent for the entire year. In an interview for Bloomberg...
View ArticleTwitter Will Let Accounts “Tip” Each Other with Bitcoin
The social media platform Twitter announced on Thursday that it will begin allowing its users to send and receive Bitcoin payments. The introduction comes as part of the company’s wider effort to...
View ArticleGreece Sells Majority Stake of Public Power Corporation
Greece’s Public Power Corporation (PPC) is expected to complete a share capital increase plan worth around 750 million euros by early November, following a decision reached by its board on Thursday....
View ArticleChina Decrees All Cryptocurrencies, Including Bitcoin, Illegal
China’s central bank declared all transactions involving Bitcoin and other virtual currencies illegal on Friday, stepping up a campaign to block use of unofficial digital money. Chinese banks were...
View ArticleGreek Company in Talks With US’ Hard Rock for Hellinikon Casino
GEK Terna, the Greek company which has won the contract bid for the creation of the new casino at the former Hellinikon airport, is reportedly in talks with US company Hard Rock to create a consortium...
View ArticleElon Musk Bullish on Future of Nuclear Energy
Elon Musk, who has an outsize influence on public opinion, whether it be on alternative energy or Bitcoin, had some striking things to say recently, stating that nuclear energy should provide part of...
View ArticleElon Musk Taunts Jeff Bezos After Dethroning Him as World’s Richest Man
Elon Musk took over the number one spot on the list of the world’s wealthiest people from Jeff Bezos on Monday. Musk is the third person in history to have amassed a $200 billion fortune, Forbes...
View ArticleAfter 26 Years, Sir Stelios Loses Control of EasyJet
EasyJet founder Sir Stelios Haji-Ioannou has lost his control over his budget airline, after the company raised £1.2 billion in extra cash. Sir Stelios’ blocking stake is now diluted after he chose not...
View ArticleGreece’s OTE Sells Stake in Telekom Romania
Greece’s Hellenic Telecommunications Organization (OTE) announced on Thursday it sold its 54 percent stake in Telekom Romania Communications to Orange Romania. It announced that the final equity...
View ArticleDisgraced Cable Magnate John Rigas Passes Away at 96
Greek-American John Rigas, the cable television and telecommunications magnate who was prosecuted for fraud in 2002, died on Thursday, September 30 at the age of 96. He had been released five years ago...
View ArticleElon Musk’s Tesla Electric Car Sales Skyrocket
Elon Musk’s Tesla has stunned pundits by selling 241,300 electric cars in the US — a total of 102,000 more vehicles than the same quarter last year. It’s the most Tesla has ever sold in a quarter. The...
View ArticleThe Secret Offshore Wealth of World Leaders Exposed in Pandora Papers
The secret offshore wealth of more than 300 world leaders, politicians and billionaires has been exposed in the Pandora Papers on Sunday in one of the biggest ever leaks of financial data. The...
View ArticleMark Zuckerberg Loses $7 Billion in Hours After Facebook Goes Down
Facebook founder Mark Zuckerberg has lost an alarming amount of personal wealth, taking him down $7 billion dollars in mere hours on Monday. This fall comes after a whistleblower stepped forward to...
View ArticleElon Musk Posts New Photo of His Puppy and Dogecoin Surges Again
A cute photograph of Elon Musk’s new Shiba Inu puppy, Floki, posted on Twitter on Monday spurred a host of Dogecoin spinoff cryptocurrency coins to rise in value. Dogecoin, which first utilized the...
View ArticleFacebook Whistleblower Charges Firm Aware it Spreads Hate
Facebook whistleblower Frances Haugen, the former employee of the firm who released a bombshell on Sunday when she spoke freely to “60 Minutes” about the media behemoth’s policies, charged in...
View ArticleElon Musk Tweet Sends Shiba Inu Coin Up 30%
Elon Musk’s latest tweets have rocked the crypto market yet again. The 50-year-old CEO of Tesla shot the Shiba Inu coin up by 30% after posting pictures of his dog, Loki. Loki is the same breed of dog...
View ArticleGreek Software Giant Intrasoft Sold to Denmark’s Netcompany
The leading Greek software company Intrasoft International has reached agreement on Friday with the Danish firm Netcompany to sell its entire outstanding share capital in a €235 million ($271 million)...
View Article136 Countries Make Deal for Minimum Global Corporate Tax
Over 130 countries have come together to establish a new global corporate tax agreement. The deal, which was announced on Friday, requires a 15% minimum corporate tax rate for the multinational...
View ArticleElon Musk Throws Gigantic Party for New Tesla Factory in Berlin
Thousands of people gathered outside Berlin on Saturday to hear Elon Musk announce that by December thousands of new “Model Y” cars will be in production at the new Tesla factory there. “We’re aiming...
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