Twitter Valuation

In March this year, Mr Musk told the employees at the company that he believed the company was worth $20 billion and labelled it "an inverse start-up."

In March this year, Mr Musk told the employees at the company that he believed the company was worth $20 billion and labelled it "an inverse start-up."

The overall crypto market valuation rose by 0.54 percent in the last 24 hours. While Bitcoin and Ether grew in prices with small profits, Dogecoin fell off its high horse now that the initial excitement around Twitter’s re-branding to X seems to have worn off. The US federal reserve, meanwhile, has announced another interest rate hike, taking the...

The valuation of the crypto sector dropped by 1.68 percent in the last 24 hours. Along with Bitcoin and Ether having registered losses, most other altcoins also followed suit and registered dips. Dogecoin, on the other hand, is trading in profits after Elon Musk rebranded Twitter to X and hinted at bringing in DOGE-related services to the platform.

Elon Musk has reportedly put a value of $20 billion (roughly Rs. 1,64,600 crore) on Twitter, months after he acquired the microblogging platform. The company's owner and CEO offered employees stock grants at the new valuation that is less than half of the $44 billion (roughly Rs. 3,62,100 crore) that he paid to acquire Twitter.

Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media platform just five months ago, according to an internal email seen by American news media.

SpaceX is reportedly set to raise $750 million (roughly Rs. 6,200 crore) in a fresh funding round that will value Elon Musk's rocket and satellite internet firm at $137 billion (roughly Rs. 11,33,800 crore). The funding comes from investors including Andreessen Horowitz, who was a co-investor in Musk's Twitter takeover deal. The firm had raised abo...

Over sixty more employees working in Coinbase have been laid off by the company amid the ongoing crypto downturn. The development comes just days after Coinbase’s transaction revenue slipped down by 44 percent in the third quarter of 2022.

In a bid to keep its business afloat, Freeway has stopped buy and withdrawal services on its platform. For the time being, Freeway is also freezing its Supercharger feature, that can churn up to 43 percent annual yield rewards. The rather unfortunate circumstances for Freeway come at a time when the global crypto valuation is stuck at a lower point...

India's ShareChat has raised nearly $300 million in fresh funding from Alphabet's Google and other firms, valuing the social media firm at nearly $5 billion. A deal is set to be announced as early as next week, the sources added.

Elon Musk's SpaceX is said to become the most valuable US startup as its valuation rose to over $125 billion in an ongoing share sale in the secondary market, according to sources familiar with the matter.

The latest investments come around four months after ShareChat raised $502 million from Tiger Global, Snap Inc, Twitter and some others.

The funding was led by US venture capital firm Lightspeed Venture Partners and American investment firm Tiger, ShareChat said.

ShareChat content-sharing platform said it has raised $502 million (roughly Rs. 3,720 crores) in fresh funding from Tiger Global, Snap, and some existing investors such as Twitter, valuing it at more than $2 billion (roughly Rs. 14,840 crores).

In today's 360 Daily, top stories include the India launch of Coolpad Mega 3 and Coolpad Note 3S, as well as Facebook Instant Games rollout.

In March this year, Mr Musk told the employees at the company that he believed the company was worth $20 billion and labelled it "an inverse start-up."

In March this year, Mr Musk told the employees at the company that he believed the company was worth $20 billion and labelled it "an inverse start-up."

The overall crypto market valuation rose by 0.54 percent in the last 24 hours. While Bitcoin and Ether grew in prices with small profits, Dogecoin fell off its high horse now that the initial excitement around Twitter’s re-branding to X seems to have worn off. The US federal reserve, meanwhile, has announced another interest rate hike, taking the...

The valuation of the crypto sector dropped by 1.68 percent in the last 24 hours. Along with Bitcoin and Ether having registered losses, most other altcoins also followed suit and registered dips. Dogecoin, on the other hand, is trading in profits after Elon Musk rebranded Twitter to X and hinted at bringing in DOGE-related services to the platform.

Elon Musk has reportedly put a value of $20 billion (roughly Rs. 1,64,600 crore) on Twitter, months after he acquired the microblogging platform. The company's owner and CEO offered employees stock grants at the new valuation that is less than half of the $44 billion (roughly Rs. 3,62,100 crore) that he paid to acquire Twitter.

Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media platform just five months ago, according to an internal email seen by American news media.

SpaceX is reportedly set to raise $750 million (roughly Rs. 6,200 crore) in a fresh funding round that will value Elon Musk's rocket and satellite internet firm at $137 billion (roughly Rs. 11,33,800 crore). The funding comes from investors including Andreessen Horowitz, who was a co-investor in Musk's Twitter takeover deal. The firm had raised abo...

Over sixty more employees working in Coinbase have been laid off by the company amid the ongoing crypto downturn. The development comes just days after Coinbase’s transaction revenue slipped down by 44 percent in the third quarter of 2022.

In a bid to keep its business afloat, Freeway has stopped buy and withdrawal services on its platform. For the time being, Freeway is also freezing its Supercharger feature, that can churn up to 43 percent annual yield rewards. The rather unfortunate circumstances for Freeway come at a time when the global crypto valuation is stuck at a lower point...

India's ShareChat has raised nearly $300 million in fresh funding from Alphabet's Google and other firms, valuing the social media firm at nearly $5 billion. A deal is set to be announced as early as next week, the sources added.

Elon Musk's SpaceX is said to become the most valuable US startup as its valuation rose to over $125 billion in an ongoing share sale in the secondary market, according to sources familiar with the matter.

The latest investments come around four months after ShareChat raised $502 million from Tiger Global, Snap Inc, Twitter and some others.

The funding was led by US venture capital firm Lightspeed Venture Partners and American investment firm Tiger, ShareChat said.

ShareChat content-sharing platform said it has raised $502 million (roughly Rs. 3,720 crores) in fresh funding from Tiger Global, Snap, and some existing investors such as Twitter, valuing it at more than $2 billion (roughly Rs. 14,840 crores).

In today's 360 Daily, top stories include the India launch of Coolpad Mega 3 and Coolpad Note 3S, as well as Facebook Instant Games rollout.