Blockchain.com faces $270 million hit on loans to bankrupt Three Arrows - CoinDesk

3AC has sought protection from creditors under the US Bankruptcy Code, which allows foreign debtors to shield US assets.

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Taking the battle head-on

Twitter, in its writ petition, said orders from the ministry of electronics & information technology (MeitY) were “overboard and arbitrary, failed to provide notice to originators of the content” and were “disproportionate in several cases”.

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Elon Musk terminates $44-billion Twitter deal

Musk says Twitter failed to provide information about fake accounts on the platform.

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Google offers concessions to avoid US antitrust lawsuit: report

Google has proposed spinning off parts of its business that auctions and places ads on websites and apps into a separate company under Alphabet that could be valued at tens of billions of dollars, the report added.

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FMCG sales fall on Amazon after Cloudtail transition

Finance teams at leading fast-moving consumer goods brands say the new entities lack the required heft in dealing with high-volume transactions, making them wary about issuing credit.

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Campus Fund, which invests in student-led startups, raises $10 million

Launched in July 2020, Campus Fund employs students as investors, who scout, evaluate and also get a seat in the decision-making with regard to investments in student-led startups.

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A new reality sets in for the fin-influencer

Creator earnings down by 30-40%; crypto exchanges, new-age fintechs slashed marketing budgets

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