Latest Market News

Apr 13
a16z’s Chris Dixon tops ‘Midas List’ by turning $350M into $6B in 2021

Chris Dixon has topped the Forbes “Midas List” as the most successful venture capital investor in 2022. 223 Total views 2 Total shares Crypto venture capital firms have been investing at unprecedented rates recently and Andreessen Horowitz is one of the industry’s leaders making huge returns on their investments. Andreessen Horowitz (a16z) general partner Chris […]

Apr 13
PayPal CFO Rainey is headed to Walmart in similar role

PayPal Holdings Inc. PYPL, -1.42% on Tuesday said its chief financial officer, John Rainey, is leaving after nearly seven years for the same role at Walmart Inc. WMT, -0.69%. Rainey will stay with PayPal until late May. PayPal’s board approved the appointment of Gabrielle Rabinovitch, senior vice president, corporate finance and investor relations, as interim […]

Apr 13
Indian crypto exchanges’ volume plunges as 30% tax goes into effect

Payment services providers have also cut ties with major crypto exchanges despite having the same rate for gambling and fantasy sports platforms. 3305 Total views 33 Total shares Fresh data on Indian crypto exchanges’ trading volume reveals a significant decline in trading practices among Indians just ten days after the tax rule implementation. India’s new […]

Apr 13
Paypal CFO leaving to become new Walmart CFO

Walmart Inc. WMT, -0.69% said late Tuesday it has named John Rainey as its chief financial officer, effective June 6. Rainey joins Walmart from PayPal Holdings Inc. PYPL, -1.42%, which announced his departure as CFO also on Tuesday. Before PayPal, Rainey was the CFO of United Airlines. “I’m excited and humbled to join such an […]

Apr 12
Polygon commits to going carbon neutral in 2022

The network also pledged $20 million to offsetting their carbon footprint and fostering an industry wide movement. 851 Total views 21 Total shares The Polygon network announced on Tuesday its commitment to going carbon neutral and climate positive this year by releasing their “Green Manifesto: A Smart Contract with Planet Earth.” They also made a […]

Apr 12
Procter & Gamble hikes dividend by 5%

Procter & Gamble Co. PG, -0.30% said late Tuesday its board approved a 5% dividend hike for its 66th straight year of dividend increases. The consumer products maker said it will pay a quarterly dividend of 91.33 cents a share, up from a previous 87 cents a share, on May 16 to shareholders of record […]