Alibaba intends on having a second public listing on the Hong Kong stock exchange (HKEX) where it aims to raise around $20 billion.
This week, Facebook plans to reveal details of its cryptocurrency, called “GlobalCoin”. The coin will be in circulation by early 2020 and is to be used across 12 countries. Facebook CEO Mark Zuckerberg hopes GlobalCoin will allow Facebook’s 2.4 billion monthly users to send money as easily as sending a photo.
The Magic Circle firm has selected 6 start-ups for its first legal technology incubator, called Slaughter & May Collaborate.