German aerospace startup Lilium faces insolvency if it doesn’t raise emergency funding from the state government for the southeastern state of Bavaria. Source: Lilium was once a promising ‘air taxi’ startup worth billions. Now it’s on the brink of insolvency
Category: CNBC
“I think we’re within months, not years” of formal U.K. stablecoin laws being introduced, crypto firm Circle’s top policy executive told CNBC. Source: Crypto firm Circle expects the UK to introduce stablecoin laws in ‘months, not years’
Qualcomm shares fell in premarket trade after Bloomberg reported that British chip designer Arm is looking to scrap a key license for the U.S. firm. Source: Qualcomm shares fall 5% after report of Arm threat to scrap key license in escalating dispute