Business

TikTok Owner ByteDance Revenues Surge 111% to $34.3 Billion USD in 2020
Tech 

TikTok Owner ByteDance Revenues Surge 111% to $34.3 Billion USD in 2020

Gross profits increased by 93%.

El Salvador Embraces Bitcoin in This Week’s Business and Crypto Roundup
Tech 

El Salvador Embraces Bitcoin in This Week’s Business and Crypto Roundup

While Snoop Dogg joined Def Jam and Gap is reportedly shutting stores in the U.K. and Ireland.

Interactive Brokers Founder Says Meme Stocks Can Reach "Unimaginable Highs"
Tech 

Interactive Brokers Founder Says Meme Stocks Can Reach "Unimaginable Highs"

Warning investors against shorting them.

Samsung Sees Tough Period Ahead Due to Global Chip Shortage
Tech 

Samsung Sees Tough Period Ahead Due to Global Chip Shortage

Despite a 46% surge in profits last quarter.

SQUARE ENIX Denies Acquisition Rumors
Gaming

SQUARE ENIX Denies Acquisition Rumors

It has no intention to sell either.

'MapleStory' Developer Nexon Invests $847 Million USD in Hasbro, Bandai Namco, Konami and SEGA Sammy
Gaming

'MapleStory' Developer Nexon Invests $847 Million USD in Hasbro, Bandai Namco, Konami and SEGA Sammy

The company brought in revenues of $2.7 billion USD in 2020.

Coinbase Hit With $6.5 Million USD Fine Over Allegedly Misleading Customers on Trade Volumes
Tech 

Coinbase Hit With $6.5 Million USD Fine Over Allegedly Misleading Customers on Trade Volumes

The activity took place between 2015 and 2018.

Acer Has Reportedly Fallen Victim to $50 Million USD Ransomware Attack Due to Previous Microsoft Server Flaws
Tech 

Acer Has Reportedly Fallen Victim to $50 Million USD Ransomware Attack Due to Previous Microsoft Server Flaws

The company has until March 28 to pay the hacker group REvil.

Bitcoin Has Broke Through $60,000 USD For Its First Time Ever
Tech 

Bitcoin Has Broke Through $60,000 USD For Its First Time Ever

Rallying from a 25% drop in value earlier this year.

South Korea's Coupang Goes Public Becoming Biggest U.S. Listing By an Asian Company Since 2014
Tech 

South Korea's Coupang Goes Public Becoming Biggest U.S. Listing By an Asian Company Since 2014

Its market cap is now around $85 billion USD.

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