FTX seeks to raise $1 billion valuing the crypto exchange at $32 billion
FTX is reportedly raising $1 billion at a $32 billion valuation.
Asif Khan is the Luminary and majority shareholder of Shacknews. He began his career in video game journalism as a freelancer in 2001 for Tendobox.com. Asif is a CPA and was formerly an investment adviser representative. After much success in his own personal investments, he retired from his day job in financial services and is currently focused on new private investments. His favorite PC game of all time is Duke Nukem 3D, and he is an unapologetic fan of most things Nintendo. Asif first frequented the Shack when it was sCary's Shugashack to find all things Quake. When he is not immersed in investments or gaming he is a purveyor of fine electronic music. Asif also has an irrational love of Cleveland sports.
Softbank is seeking a strategic alliance between Arm and Samsung
Softbank CEO Masayohsi Son said he is seeking a partnership with Samsung and Arm in an upcoming trip to Korea
Evening Reading - September 15, 2022
It's night time in America, which means it is time for Shacknews Evening Reading.
Adobe (ADBE) to acquire design software firm Figma for $20 billion
Figma has agreed to be acquired by Adobe for $20 billion because we can't have nice things.
GameStop (GME) Q2 2022 earnings results miss revenue on smaller than expected loss
GameStop is out with their latest earnings results. Check out all the info from the GME Q2 2022 release.
GameStop (GME) Q2 2022 earnings and revenue expectations
GameStop's Q2 2022 earnings release drops on September 7, 2022, and we have put together Wall Street's EPS and revenue expectations.
Cloudflare blocks Kiwi Farms from internet service, reversing course
Noted online hate forum Kiwi Farms has been blocked by Cloudflare in a reversal of an earlier decision.
Evening Reading - August 25, 2022
It's nighttime in America, which means it is time for Shacknews Evening Reading.
Twitter (TWTR) whistleblower alleges execs misled Musk, investors, and the board
Twitter whistleblower Peiter Zatko files complaint with SEC, FTC, and DOJ alleging 'extreme, egregious deficiencies' at the company related to security, privacy, and content moderation.
Former Apple (AAPL) engineer pleads guilty to trade secret theft from self-driving vehicle division
Xiaolang Zhang, a former Apple engineer reached a plea deal after previously pleading not guilty to charges of trade secret theft from the company's car division.
