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Mastercard Buys Stablecoin Firm BVNK for Up to $1.8 Billion - Bloomberg.com
Mastercard Inc. said it will acquire the stablecoin infrastructure startup BVNK for as much as $1.8 billion, four months after negotiations between BVNK and Coinbase Global Inc. for a roughly $2 billion deal fell apart.
Canadian billionaire Stephen Smith buys 27% stake in The Economist - Financial Times
Financial services entrepreneur wins auction that drew interest from wealthy individuals, family offices and media groups
Amazon adds 1-hour and 3-hour delivery options in the US - TechCrunch
The e-commerce giant is making more than 90,000 items available via this new delivery system. If an item can be delivered to a user within one or three hours, they’ll see a label saying so next to that item on the Amazon app.
Traders Are Ditching Giant Hedge Funds to Set Their Own Terms - Bloomberg.com
Some are eschewing multimillion-dollar pay packages and access to billions of dollars in firepower
Gecko Robotics lands the largest U.S. Navy robotics deal yet - TechCrunch
Gecko Robotics inked a five-year deal to help the U.S. Navy monitor and predict needed maintenance on its fleet of ships.
Two Literal Crypto Bros Built a Real Estate Empire. Then the Homes Started to Fall Apart - WIRED
In 2019, two Canadian brothers blew into Detroit with an irresistible pitch: For $50, almost anyone could become a property owner. When houses decayed and the city intervened, the blame games began.