Tag Archives: Fund

IBM Launches $500M Enterprise Venture Fund to Drive AI Innovation read full article at worldnews365.me

The launch of the IBM Enterprise AI Venture Fund builds upon the growing momentum and widespread adoption of the company’s AI platform called watsonx.  International Business Machines (IBM), one of the leading technology giants in the United States, has launched a $500 million venture fund to bolster artificial intelligence (AI) …

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Jia Zhangke On Pingyao Festival Return & New International Film Fund – Deadline read full article at worldnews365.me

Chinese filmmaker Jia Zhangke is relieved that the festival he founded in the ancient walled city of Pingyao in China’s Shanxi province is back on track after a tricky few years during the pandemic.  Now in its seventh edition, Pingyao International Film Festival (PYIFF) takes place in a purpose built …

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TON Believers Fund Locks 1.3 Billion TON Tokens read full article at worldnews365.me

Since its launch, the TON Believers Fund collected a substantial amount of TON tokens. To be precise, it gathered 1,317,379,088 TON coins. The Open Network (TON) Believers Fund, a non-profit fund operating as a smart contract on the TON blockchain has successfully raised a remarkable 1.3 billion TON coins (approximately …

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WOO Network Repurchases from Bankrupt Hedge Fund 3AC to ‘Clear the Uncertainty’ read full article at worldnews365.me

WOO co-founder Jack Tan said the repurchase allows the company to move on “without further distractions from the 3AC fallout”. WOO Network has announced its decision to repurchase shares and tokens it sold to defunct Singaporean hedge fund Three Arrows Capital (3AC) back in 2021. The Taiwan-based trading platform and …

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Binance Exchange’s $1B IRI Fund Falls Short of Expectations read full article at worldnews365.me

Beyond Binance’s own commitment, the IRI garnered an additional $100 million in contributions from 18 organizations by February 2023. A recent report from Bloomberg suggests that the $1 billion Industry Recovery Initiative (IRI), launched by Binance has fallen short of expectations, with only 2.7% of the committed funds deployed. The …

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Gary Wang Testifies FTX Faked Insurance Fund Data read full article at worldnews365.me

Gary Wang, the enigmatic co-founder and chief technology officer of the defunct cryptocurrency exchange FTX, provided an incriminating testimony during the ongoing criminal trial of Sam Bankman-Fried, marking the trial’s third day. Wang revealed in a shocking new statement that FTX’s purported $100 million insurance fund for 2021 was a fabrication …

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Crypto Fund Management Market Poised for $50B Revenue Surge read full article at worldnews365.me

The research also provides insights into the expected market share of ETFs and crypto hedge funds within the crypto ecosystem. It suggests that ETFs could capture a substantial 10% share of the market capitalization for BTC and ETH.  In a recent research report, broker firm Bernstein has made an intriguing …

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Hulu/Firelight Kindling Fund Sets Participants; ‘The Hard Hit’ Locks Release – Deadline read full article at worldnews365.me

EXCLUSIVE: Stanley Nelson’s Firelight Films and Hulu have set Julianna Brannum (Now I Lay Me Down), Ivan MacDonald (Breaking the Silence) and Juan Carlos Dávila Santiago (When Reggaeton Was a Crime) as the first filmmakers to benefit from their new Hulu/Firelight Kindling Fund. Through the initiative, each will be awarded …

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‘Radical’ Film Inspires Education Fund for Latino Communities – The Hollywood Reporter read full article at worldnews365.me

Participant continues to work at the intersection of film and social impact. In honor of its upcoming release Radical, based on the true story of Mexican schoolteacher Sergio Juárez Correa, who used immersive education techniques to help elevate his students from mostly failing to among the top in the nation, …

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FTX Files Lawsuit against Founder’s Parents Over Alleged Fund Misappropriation read full article at worldnews365.me

FTX’s lawsuit seeks redress for the alleged fraudulent financial activities undertaken by Joseph Bankman and Barbara Fried. In an expected turn of events, the bankrupt FTX Trading Ltd has filed a lawsuit against the parents of its founder and former CEO Sam Bankman-Fried. The lawsuit alleges that Joseph Bankman and …

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Ryan Murphy Launches $500K Fund to Support Actors and Crews on Strike read full article at worldnews365.me

Ryan Murphy is firmly Team WGA and Team SAG-AFTRA amid the ongoing Hollywood strikes and is offering his assistance to union members in need. “Every story we’ve woven, each character brought to life, and every set constructed carry with them an inimitable thread of collaboration. As my colleagues face the …

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INFERNO GIRL RED Returns to Kickstarter to Fund Book Two — GeekTyrant read full article at worldnews365.me

Back in 2021, Mat Groom and Erica D’Urso launched a highly successful Kickstarter for Inferno Girl Red: Book One. Now, the pair have returned to Kickstarter to bring fans Inferno Girl Red: Book Two! I absolutely loved the first one so backing this is a no-brainer to me. Cassia’s a …

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