2024-03-27
Here's an interesting company: Fortnox, niche supplier of accounting software that only operates in Sweden, is valued more highly than Nvidia, the chip sensation. @CostasMourselas and I took a look at its metronomic growth and the short sellers circling https://www.ft.com/...
Financial Times
A profile of Swedish accounting software maker Fortnox, valued at $4.6B after its stock rose 5x since 2020, as some analysts question its growth prospects
Stock in $4.6bn company has boomed under chief executive Tommy Eklund. Analysts question how much further its niche business can expand
2022-07-16
Terrific scoop. Also a fun one for those who remember Quindell, which had some controversial dealings with EquitiesFirst https://www.ft.com/... https://twitter.com/...
Financial Times
In a court filing, CEO Alex Mashinsky said Celsius was owed $439M by a “private lending platform”, which sources say is specialist finance company EquitiesFirst
Kadhim Shubber / Financial Times :
2022-03-29
A holy mackerel moment for data harvesting. 52,000 apps built using tools from Yandex, a Russian tech co. Millions of devices are sending data to Russian servers. ‘Consent’ is buried in the small print. FT Scoop https://www.ft.com/... https://twitter.com/...
Financial Times
Researchers find Yandex sends users' metadata to servers in Russia; Yandex says “device, network and IP address” data is “non-personalised and very limited”
Information collected by company through apps on Apple and Google-powered mobile devices is sent to Russian servers
2022-03-01
Non-war crypto news we had to plead with an Israeli judge to let us write: While Celsius Network was fundraising last year, its CFO was arrested https://www.ft.com/...
Financial Times
An Israeli judge lifts reporting restrictions on the arrest of former Celsius Network CFO Yaron Shalem in 2021 for suspected fraud, as Celsius raised $400M
Yaron Shalem was one of 10 detained in connection with alleged fraud at other cryptocurrency ventures Tweets: @mayazi , @bondhack , @fd , @fd , @kadhim , @kadhim , @kadhim , @kadhi...
Celsius Network is the crypto lender whose business I can't make head or tail of: it pays big interest on deposits of Bitcoin and other crypto. Do get in touch if you have any insight https://twitter.com/...
Financial Times
An Israeli judge lifts reporting restrictions on the arrest of former Celsius Network CFO Yaron Shalem in 2021 for suspected fraud, as Celsius raised $400M
Yaron Shalem was one of 10 detained in connection with alleged fraud at other cryptocurrency ventures Tweets: @mayazi , @bondhack , @fd , @fd , @kadhim , @kadhim , @kadhim , @kadhi...