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Elon Musk Pauses Twitter Deal and Disney+ Grows Subscribers in This Week's Business and Crypto Roundup

Posted On: May 20, 2022   |   Posted By: Hypebeast

Elon Musk Pauses Twitter Deal and Disney+ Grows Subscribers in This Week's Business and Crypto Roundup

Many brands are starting to see a recovery despite the challenges initially brought on by the pandemic. Some businesses, especially ones that focused efforts on expanding e-commerce ventures, have even seen profits rise even higher than before. HYPEBEAST has rounded up the top business and crypto stories of the week so you can stay in the know about trends across industries. Business 1. FIFA and Electronic Arts are ending their decades-long partnership The entities were unable to arrive at a decision that would extend a partnership that has long bridged the world of football and gaming. The current deal will end after next summer's Women's World Cup. 2. Coinbase's stock price plummeted amid market uncertainty Shares in Coinbase, the United States' largest crypto exchange, are down by more than 75%. In its first-quarter earnings report, Coinbase reported a quarterly loss of $430 million USD and a sharp decline in overall users and trading volume. 3. Disney+ surpassed subscriber growth expectations The...

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