Business World

PayPal reportedly offers $45B to buy Pinterest

Business PayPal Holdings Inc. has made an offer to buy digital pinboard site Pinterest Inc for $45 billion, people familiar with the matter said on Wednesday, a combination that could herald more tie-ups between financial technology and social media companies in e-ecommerce. PayPal has reportedly offered to buy Pinterest at …

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Facebook to rebrand itself and focus on the metaverse

Business Facebook Inc., under fire from regulators and lawmakers over its business practices, is planning to rebrand itself with a new name for its parent company that focuses on the metaverse, the Verge reported on Tuesday. Facebook will reportedly reveal that it is changing the name of its parent company …

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Bitcoin hits new all time high above $66,000 US

Business Bitcoin rose to a new all time high above $66,000 US on the first futures-based exchange-traded fund (ETF) launched this week. Bitcoin is back above the level it was trading at before Elon Musk sparked a sell-off in the world's largest cryptocurrency in April.(CBC News) Bitcoin rose to a …

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