Latest News on private equities market

Stating that they plan to “closely monitor market condition(s)… (and) strictly control…illegal acts such as fraud and (multilevel marketing),” officials from the Korean Department of Justice and the Financial Supervisory Commission held an emergency meeting May 28th to “examine…virtual currency market trend(s)” in the wake of price... Read More

The post Korean Government Convenes Emergency Meeting to Address Stirring Crypto Markets appeared first on Crowdfund Insider.

Leading investment crowdfunding platform OurCrowd has announced that Alec Ellison, former Vice Chairman of Jefferies, LLC, and former Chairman of Jefferies’ Technology Investment Banking group, as well as the Founder of Outvest Capital, has been appointed Chairman of the Board of OurCrowd Management for the... Read More

The post OurCrowd Appoints Former Jefferies Vice Chairman Alec Ellison as Chairman of US Operations appeared first on Crowdfund Insider.

The Central Bank of Egypt (CBE) has drafted a bill to allow its Board of Directors to create rules that would require all individuals, companies and/or platforms dealing in or issuing cryptocurrencies to be licensed, The Egyptian Independent reports. The rules would supplant a “fatwa”... Read More

The post Egyptian Central Bank Introduces Legislation to Replace Ban and Require Licensing of Cryptocurrency Enterprises appeared first on Crowdfund Insider.

A series of legal troubles experienced by well-known Bitcoin evangelist and lifestyler Morgan Rockcoons, 31, have concluded in California with Rockcoons being sentenced to 21 months in prison. In two separate indictments, Rockcoons was charged with operating an unlicensed money transmitting business and wire fraud. He... Read More

The post Bitcoin Lifestyler and Purveyor of Fraudulent Nevada “Bitcointopia” Land Scheme Sentenced to 21 Months appeared first on Crowdfund Insider.

The Australian Securities and Investment Commission (ASIC) has updated regulatory information pertaining to initial coin offerings (ICOs) and crypto-assets. In a release, ASIC recommended that businesses engaged in crypto “consider their legal obligations and satisfy themselves they are operating lawfully.” ASIC stated that their recent... Read More

The post The Australian Securities and Investment Commission Updates Information on ICOs and Crypto Assets: Operate Lawfully appeared first on Crowdfund Insider.

Long anticipated, digital challenger bank Revolut has added ApplePay to its growing list of services. The option to add a Revolut card to ApplePay is reportedly popping up across Europe. Apparently, Apple Pay is only officially available in the UK and France but according to... Read More

The post Finally. Revolut Adds Apple Pay to its Digital Banking Service appeared first on Crowdfund Insider.

LendingClub (NYSE:LC) has posted a presentation apparently in preparation for its annual shareholder meeting which is scheduled to take place on June 5, 2019. The deck, embedded below, is largely a rehash of LendingClub’s Q1 report which took place the first week of May. There... Read More

The post LendingClub Posts Presentation in Advance of Shareholder Meeting appeared first on Crowdfund Insider.

Comcast Corp's NBCUniversal said if anti-abortion laws in various U.S. states are upheld, it would "strongly impact" where it produces films and television shows in the future.

Shares of Viacom Inc rose on Thursday on a report that CBS Corp's board is preparing for merger talks with the media company.

Uber Technologies Inc reported a $1 billion loss and a 20% rise in revenue on Thursday in its first quarterly report as a public company, in line with the ride-hailing service's forecasts.

Gap Inc cut its 2019 profit forecast and posted the biggest drop in same-store sales in at least three years at its Gap brand, underscoring its struggles to compete with fast-fashion retailers in the face of changing customer preferences.

Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public company.

Dallas-based Greyhound was put up for sale by Britain's FirstGroup on Thursday as the North American bus line battles to compete with growing pressure from low cost airlines.

Dell Technologies Inc Chief Financial Officer Thomas Sweet said on Thursday that the computer maker has been planning for a potential fourth round of U.S. tariffs on Chinese goods that could impact notebooks and monitors.

FedEx Corp said on Thursday it will begin offering Sunday residential delivery and handoff fewer e-commerce packages to the U.S. Postal Service, as it works to bolster service and wring more profits out of the online shopping boom.