News

Elon Musk’s Starlink systems are now deemed ineffective in Ukraine

Earlier this year, Elon Musk made statements that he has been supplying Ukraine with Starlink systems to help Ukraine overcome the battle that is currently taking place in their country. This move proved that these satellites were more than...

PayPal’s plan to “legally” steal money from customers accounts for “misinformation” falls flat

Over the last couple of days, payment giant PayPal has come under immense pressure from customers who are definitely angry with the company’s recent financial adventurism to “take money” from customers’ accounts if they are accused of spreading misinformation....

AS Bryden & Sons is set to go public this year

Seprod Group's recent subsidiary, AS Bryden & Sons, is set to go public later this year on the Jamaica Stock Exchange (JSE) leaving Seprod Group (SEP) to benefit greatly from such a development. Seprod acquired a majority stake in...

Binance suffers major hack totaling $570 million

Binance, the world's greatest cryptographic money trade, affirmed on Friday that $570 million had been taken in a hack of a blockchain it runs that fills in as a scaffold for resource moves between networks. The assault on the...

Delta Capital acquires Massy’s credit card portfolio

Delta Captial Group (Delta) will be taking over the credit card portion of Massy Barbados Limited. This deal has been in the works for some time and things are going in the right direction, especially given the fact that...

Sagicor quietly sold off all shares in its subsidiary X Fund

Sagicor Group Jamaica Ltd is winding down its operations in Sagicor Real Estate X Fund Ltd (XFUND) as they seek out more profitable ventures. X Fund, which once controlled various lodgings, presently possesses a single hospitality property - The DoubleTree...

Elon Musk’s $44 billion Twitter takeover is moving forward despite months of setback

On Tuesday, delegates of the tycoon informed Twitter through a letter that he means to push ahead with the wild arrangement, affirming prior reports that things were in the groove again. “We write to notify you that the Musk Parties...

Barita adds another major real estate asset to its portfolio

Barita made yet another major real estate purchase in St. Mary, this time they purchased Green Castle Estate which is another coastline property for $1.3 billion. This property comes with the famous Blue Hole attraction, which is popular in...

Facebook goes on hiring freeze as tech market cools

Following 10 years of hypergrowth, the organization previously known as Facebook is cutting staff growth. Bloomberg reports that Meta's CEO, Mark Zuckerberg declared plans to freeze recruiting and rebuild a few gatherings inside the organization Thursday in an inside...

Porsche poised to become world’s fourth largest automaker by market cap after upcoming IPO

Porsche plans to open up to retail investors on Thursday at a $73 billion valuation, catapulting the organization to turn into the world's fourth-most significant automaker and mesh billions of dollars for parent organization Volkswagen to propel its drive...
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Latest News

Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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