Stripe is in talks to acquire stablecoin platform Bridge for a whopping $ 1 billion, according to Forbes. The talks are reportedly in advanced stages, although nothing has been finalized. Bridge, cofounded by Coinbase alumni Zach Abrams and Sean Yu, has built an API that helps companies accept stablecoins. The pair raised $ 58 million […]
Pep Guardiola Talks Of Manchester City Love Affair As Financial Hearing Rumbles On
Pep Guardiola insists he will always defend Manchester City from accusations of financial misconduct because of his trust in the club’s owners and his love affair with their fans. City are fighting 115 charges relating to alleged breaches of Premier League financial rules in an ongoing hearing that has been labelled sport’s “trial of the century”. […]
Bulls could engage in trade talks with Warriors about superstar guard
Could the Chicago Bulls have finally found a trading partner interested in their star guard? Chicago has failed to move Zach LaVine for months, which has disabled the Bulls from making further deals to power a rebuild. As long as LaVine is still on Chicago’s books, the team is stuck in NBA purgatory until 2027. […]
Fintech Jupiter in talks to buy a stake in SBM Bank India
Neobank Jupiter is in talks to acquire a stake in SBM India, three sources familiar with the matter told TechCrunch, the latest example of an Indian fintech startup pursuing strategic partnerships with traditional banking institutions. The Bengaluru-headquartered startup — backed by Tiger Global and NuBank — is engaging to buy a 5% to 9.9% stake […]
OpenAI reportedly in talks to raise at $150B valuation
OpenAI is reportedly in talks with investors to raise $ 6.5 billion in new funding, valuing the startup at $ 150 billion, according to Bloomberg and the Financial Times. That’s significantly higher than OpenAI’s previously reported valuation from earlier this year, $ 86 billion, and far higher than any other AI startup today. The funding […]