Starbucks to form joint venture to run China business

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Starbucks on Monday announced it is forming a joint venture with Boyu Capital to operate the company’s locations in China. Under the terms of the deal valued at $4 billion, Boyu, an alternative asset management firm, will hold up to a 60% interest in the joint venture. Starbucks will hold a 40% stake and maintain […]


MetaMask’s Polymarket venture will be the first wallet to integrate with prediction markets

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A partnership with Polymarket will make MetaMask the first crypto wallet to integrate with a prediction market. Crypto wallet MetaMask has announced plans to integrate prediction markets into its services through a partnership with the prediction market. This comes after the company confirmed that it will launch a token as part of a wider move […]


Trump says venture capitalist David Sacks will be AI and crypto ‘czar’

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Zenefits CEO David Sacks speaks at the TechCrunch Disrupt conference in San Francisco, Calif. Paul Chinn | San Francisco Chronicle | Hearst Newspapers via Getty Images Venture investor and podcaster David Sacks will join the Trump administration as the “White House A.I. & Crypto Czar,” President-elect Donald Trump announced on Truth Social on Thursday. Sacks […]