Punjabis take control of NETV

JAKARTA – Shareholders of PT Net Visi Media Tbk (NETV) have appointed Manoj Dhamoo Punjabi as President Director, replacing Deddy Hariyanto that resigned last week (11/10). The change in directors and commissioners of NETV takes place following the acquisition of 80.05% of NETV by PT MD Entertainment Tbk (FILM). In the information disclosure quoted Friday...

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Bitcoin Miners See Record Spending on Hardware in 2024

Public Bitcoin miners raised $5B in 2024 and spent $3.6B on hardware and infrastructure development.Marathon Digital leads public miners’ BTC holdings while diversifying into AI amid rising mining challenges. Public bitcoin mining companies made substantial financial movements in 2024, demonstrating both ambition and adaptability. By means of equity and loan funding, these companies raised around...

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Digital Yuan Enters Oil Market as PetroChina Finalizes First International Crude Trade in CBDC

PetroChina completes the first international crude oil trade using China’s Digital Yuan, marking a watershed moment in the integration of CBDCs into global commerce. Image by RareStock, Adobe Stock PetroChina inked a major deal on October 18, becoming the first company to complete an international crude oil trade using China’s central bank digital currency (CBDC),...

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