Finance
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Raspberry Pi rings the IPO Bell on London Stock Exchange. Becomes a Public company
Raspberry Pi and its IPO proves that big things can come in small packages. The tiny computer maker joins the London Stock Exchange, becomes a public company.
WordPress owner Automattic acquires Beeper for $125 million
Beeper allows users to access various messaging services like Signal, Facebook Messenger, and Slack within a single app.
Sam Bankman-Fried sentenced to 25 years in prison
The sentencing follows the unraveling of FTX in 2022, with Bankman-Fried proven guilty of defrauding customers and investors of billions of dollars
Reddit shares soar in market debut, signaling investor appetite
Despite being unprofitable since its inception, Reddit managed to capture investors' interest by promoting its potential in training AI programs.
Reddit eyes around $6.4 billion valuation in long-awaited IPO
While the targeted valuation of up to $6.4 billion is significant, it falls short of the $10 billion Reddit secured in a 2021 fundraising round.
Bitcoin surges above $72,000 as demand frenzy pushes it to a new record high
Amid other factors, Bitcoin's rally also come ahead of the "halving" event, scheduled for April.
Bitcoin touches fresh record high before tumbling
Bitcoin's record rally was fueled by a robust influx of funds into U.S. spot exchange-traded funds (ETFs) for cryptocurrencies and the anticipation of interest rate cuts by the U.S. Federal Reserve this year.
Reddit files for IPO; eyes public debut in March
Reddit reported a net loss of $90.8 million for the fiscal year 2023, but showcased a 21% revenue growth.
Bitcoin surges past $50K for the first time since Dec 2021
The ripple effect of Bitcoin's surge has been felt across the crypto industry with other major crypto stocks and mining companies witnessing notable gains.
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