US SEC filing: Vanguard marks down Ola Consumer's valuation to ~$70.3M; Ola, which faces intense competition from Uber and Rapido, was valued at $7.3B in 2021
US-based asset management firm Vanguard has sharply marked down the valuation of ride-hailing company Ola Cosumer to approximately $70.3 million …
Vanguard now allows ETFs and mutual funds that primarily hold select cryptocurrencies, like BTC, to be traded on its platform, reversing a longstanding position
opens $9.3T platform to crypto ETFs Zabi / The Crypto Basic : $11 Trillion Vanguard Finally Enables Bitcoin and Crypto ETFs for Clients Bogdan Patru / Bitcoinist.com : Vanguard Expands to Bitcoin ETFs...
Sources: asset manager Vanguard, which has historically been critical of cryptocurrencies, prepares to allow access to crypto ETFs on its brokerage platform
Crypto in America :
As companies like SpaceX, Stripe, and OpenAI stay private longer, tokenized stocks on blockchains offer a way for the public to access lucrative private markets
Also BlackRock and privates, Vanguard and privates, the Paramount settlement and Enron 2.0. — ‘Tokenization’
US SEC filing: Vanguard marks down Ola's valuation to $1.25B, a drop of 80%+ from a 2021 peak of $7.3B, as the ride-hailing company loses market share in India
Vanguard had valued the Bhavish Aggarwal-led company at less than $2 billion ($1.88 billion) for the first time.
NXP and Taiwanese TSMC affiliate Vanguard break ground on a $7.8B plant in Singapore to make 130nm to 40nm chips and are already working on phase two expansion
Josh Xiao / Bloomberg :
Vanguard Chief Economist Joe Davis warns that investors' rush into AI stocks in 2024 overplays AI's near-term potential and risks a “correction” in share prices
Asset manager's chief economist Joe Davis says investors are overplaying the near-term potential of the technology Bluesky: @emilprotalinski Bluesky: Emil Protalinski / @emilprotalinski : You don't ha...
Filing: Microsoft puts an “assessment of investing in bitcoin” as a voting item for its December 10 shareholder meeting; its board recommends voting against it
☒ — No fee required — ☐ — Fee paid previously with preliminary materials Jez Corden / Windows Central : Is Microsoft about to jump on the bitcoin train? Microsoft will give shareholders a vote ...
NXP partners with TSMC-backed Vanguard to build a $7.8B chip wafer plant in Singapore, aiming to begin construction in H2 2024 and production in 2027
- New facility begins construction in second half of 2024 — Region poised to benefit from drive to diversify from China
A group of shareholders owning less than 1% of Activision Blizzard calls for CEO Bobby Kotick and two of its longest serving board members to resign
a basic function of their job.... We need to really have a reset button on the board.” https://www.washingtonpost.com/ ... @ign : Former Blizzard co-lead Jen Oneal says Activision Blizzard rejected mu...