The European Commission gave the green light to Meta’s acquisition of messaging software company Kustomer – but the deal is not out of the woods yet. On Thursday, Europe’s antitrust regulator approved the Facebook parent company’s $1 billion purchase of Kustomer on the condition Meta does not restrict competitors from using the messaging service’s APIs for the next ten years. Kustomer makes...
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Crypto Company Bakkt’s Make-or-Break Deal
The crypto industry is littered with the corpses of now-shuttered businesses. Among the survivors, at least so far, is Bakkt, a crypto company founded by New York Stock Exchange owner Intercontinental Exchange. But after a previously unreported second round of layoffs earlier this month, a slew of executive exits and the shuttering of its consumer app, few would be betting on Bakkt. Yet Bakkt...
Coinbase Hires Former Shopify Executive as Country Director
Circle’s USDC Outflows Exceed $10 Billion Since Crypto Bank Crisis
Virgin Orbit Lays Off 85% of Staff, Ceases Operations
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