GIBBI, Today

Jan 18, 2025

Stories:

Tonight at 17:00 CT on Olímpico Benito Juárez Stadium (Ciudad Juárez, Chihuahua)
Bravos tied against Mazatlán on Week #1
Cruz Azul tied against Atlas on Week #1
GIBBI View: This games was scheduled to start at 21:00 CT but because weather conditions (cold) the game was moved on, but to be honest the cold was last weekend in Chihuahua State but I don’t understand the move, I think that it was because TV Azteca (Bravos’ tv rights) wanted that schedule; My Prediction: Cruz Azul have better team than Bravos but it’s always difficult to go to the border and win, so I think that the game finishes in a tied

The crypto-friendly trading platform eToro has confidentially filed for an initial public offering (IPO) in the US. On January 16, the Financial Times reported that eToro has filed with the SEC, aiming for a New York listing as early as Q2 2025
eToro's IPO might be worth more than $5B. This represents a huge increase above its $3.5B valuation in 2023 when it raised $250M in investment. eToro's approach to a US listing derives from a desire to reach a larger investor base
Founded in 2007, eToro trades equities and cryptocurrencies. It was an early adopter of Bitcoin services in Europe, starting in 2013. In 2019, the site expanded its US crypto offerings to include multiple tokens such as Bitcoin, Ether, and XRP
GIBBI View: I remember that I heard for eToro for first time 10 years ago (2015) when I started to make my research about investment market, but later I understood that there are better brokers to invest your money in stocks, bonds and crypto; so another company that prefers to make its IPO in US that in the country where they’re established or have most of their customers

The Supreme Court has upheld the law that will effectively ban TikTok on Sunday, January 19. The decision marks the end of TikTok’s months-long legal fight against a law that essentially forces the ByteDance-owned app to shut down unless it divests its U.S. operations on national security grounds
As of Sunday, it will be illegal for app stores and internet hosting services to distribute the social network. TikTok has warned that the app will simply “go dark” on Sunday, but it’s unclear what exactly will happen once the ban takes effect
Yesterday, the Supreme Court summarized the longer TikTok saga since 2020 in its opinion. But it also came to the conclusion that the Act as it was spelled out “appears appropriately tailored to the problem it seeks to address”
GIBBI View: I think that TikTok is going to be banned in US this sunday, but next week Donald Trump, that will become US President this next monday, will make a law that will allow TikTok to keep working in US for a 1 year while TikTok can be sold to an american billionarie/company, but the big question will be if ByteDance will sell TikTok alongside its “magic algorithm”?, let’s see

AFC:
- 1.Chiefs vs 4.Texans (Saturday, January 18th 16:30 ET)
NFC:
- 1.Lions vs 6.Commanders (Saturday, January 18th 20:00 ET)
GIBBI View: This is the best week of the season because will play the 8 best teams of NFL Season (4 per conference), where I only hope that the four games can be amazing and closed and they can be defined in the last seconds of the game; My Prediction: Chiefs vs Bill on AFC Championship Game & Lions vs Eagles on NFC Championship Game

Bumble Founder Whitney Wolfe Herd To Reclaim CEO Position In March (Tech Crunch)

Bumble announced yesterday that founder Whitney Wolfe Herd is returning as CEO after stepping down from the position in 2023
Wolfe Herd will succeed Lidiane Jones, the company’s current CEO who has left for “personal reasons,” Bumble explained. Jones, the former CEO of Slack, will continue her role at Bumble until the transition takes effect in mid-March
Wolfe Herd’s return comes at a critical time for Bumble, as the company is experiencing sluggish growth. The third-quarter 2024 results revealed a decline in total revenue to $274 million, even though the number of paying users increased to 4.3 million
GIBBI View: It’s something very common that when a public company isn’t working in its best way they bring back the founder of the company to try to improve the business and increase the revenues, because the founders know the best way manage the company

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