Alphabet Reduces Robinhood Stake by 90%

Alphabet Reduces Robinhood Stake by 90%

Google’s parent company Alphabet has dumped 90% of its shares in Robinhood, a recent regulatory filing reveals. Perhaps unfortunately for the Big Tech firm, the sale of $6,109,896 in Robinhood stock occurred just…

Kraken Reduces Reliance on Signature Bank for Certain Transactions

Kraken Reduces Reliance on Signature Bank for Certain Transactions

Cryptocurrency exchange Kraken is stepping away from Signature Bank for processing certain transaction types due to decisions made by the New York-based banking firm.  From now on, non-corporate clients cannot deposit or withdraw…

Immutable Reduces Staff by 11% to Prolong its Cash Reserves (Report)

Immutable Reduces Staff by 11% to Prolong its Cash Reserves (Report)

Major Australian gaming firm Immutable slashed 11% of the company’s headcount, stating that the job cut happened in order to ensure cash reserves last for a long time. This is the second time…

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