Chinese Tesla rival NIO files for $1.8 billion IPO in the U.S.
(Reuters) — Chinese electric vehicle start-up NIO on Monday filed for a $1.8 billion initial public offering of its American depositary shares, the biggest U.S. listing by a Chinese automaker. The company, backed by Chinese tech heavyweight Tencent, applied for a float of up to $1.8 billion, according to its filing with the Securities and […]
It seems there is yet another massive internal strife brewing up in the blockchain space. KodakOne – a cryptocurrency project that promised to bring photographers a new stream of revenue – purportedly owes thousands of dollars in outstanding invoices to contractors the firm recruited to build the platform. In a series of email exchanges reviewed by Hard Fork, a group of contractors has accused KodakOne for failing to pay up their contracting fees in the agreed timeframe. The contractors are collectively seeking to receive over $125,000 in accumulated invoices, according to an email sent by a UK-based law firm on… This story continues at The Next Web