Samuel Nwite
AUTHOR: Samuel Nwite
Alibaba Set to Reap More Than $2bn From Sale of Lingxi Games to Trustar
Alibaba Group is expected to receive more than $2 billion from the sale of its game development unit Lingxi Games to private equity firm...
Global Stocks Edge Higher as Soft U.S. Data Diminish Fed Rate-Hike Bets
Global stocks edged higher on Monday while the dollar fell to its lowest level since June as a run of weaker-than-expected U.S. economic data...
China’s Economy Loses Momentum as Weak Consumption, Investment Raise Pressure for More Stimulus
China’s economy lost momentum at the start of the second half of the year, with industrial production and retail sales slowing sharply in July...
SafePal Data Breach Exposes Nearly 40,000 Customers as Crypto Industry’s Security Problem Persists
Cryptocurrency wallet provider SafePal has disclosed a data breach affecting nearly 40,000 customers, highlighting a persistent weakness in the digital asset industry: even after...
Thiel’s Hedge Fund Takes $76M Stake in Argentina’s Vista Energy, Shares Rise
Shares of Argentine oil producer Vista Energy rose in premarket trading Monday after a regulatory filing revealed that billionaire investor Peter Thiel’s hedge fund...