State-backed Chinese Developer Unit Wants Hong Kong Crypto License: Report
The fintech arm of major Chinese real estate developer Greenland is reportedly vying for a Hong Kong virtual asset trading...
Unit
Meta’s Metaverse Unit Reality Labs Suffered $4B Loss in Q1 2023
Meta’s Reality Labs recorded a loss of $4 billion in the first quarter of 2023. The loss follows an annual...
Losses from Meta’s Metaverse Unit Continue to Pile Up, Hitting $4B in Q1
The metaverse-focused division within the company formerly known as Facebook continues to bleed, this time posting a quarterly net loss...
Unit of Account: A Comprehensive Guide
Unit of AccountUnit of account is the thing that measures the value of goods and services. It's an essential function...
Crypto lender Amber Group considers selling Japan unit: Report
Amber Group, a Singapore-based crypto lender, is considering selling its Japanese unit as part of its plan to focus more...
US SEC seeks to expand its Crypto Assets and Cyber Unit
Regulators in the United States have been piling on the pressure on the crypto space over the last year, even...
Anchorage Digital lays off 20% of staff, says bank unit not affected
California-based digital asset platform Anchorage Digital will lay off 75 employees, or around 20% of staff, as it restructures to...
Binance had ties to U.S. unit unknown to regulators: WSJ
Binance, the world’s largest cryptocurrency exchange, reportedly didn’t disclose the extent of its ties and control over Binance.US, a supposedly...
“personnel reshuffle” underway at metaverse unit
Tencent, which runs the Wechat social media platform and is China’s largest company by market capitalization, said it is executing...
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Australia’s CBA simplifies financial reporting after sale of wealth management unit
Feb 6 (Reuters) - Commonwealth Bank of Australia (CBA.AX) said on Monday it will simplify its financial reporting in upcoming...