Business

A magic mushroom firm backed by Peter Thiel is now worth $2 billion and reportedly eyeing an IPO

1 month ago   |   By Business Insider

Peter Thiel.
Scott Olson/Getty Images
Atai Life Sciences works on the development of psychedelic and other drugs to treat mental illness.
The firm, which counts Peter Thiel as an investor, is looking at going public later this year, Reuters reported.
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Atai Life Sciences, a psychedelic company backed by billionaire investor Peter Thiel, is eyeing a potential public stock listing as soon as this Spring, reports say. The biotech company on Wednesday announced that it had raised a $157 million funding round from existing and new...
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PayPal is in early-stage talks to buy crypto asset security firm Curv for half a billion, reports say

1 month ago   |   By Business Insider

REUTERS/Lucas Jackson
PayPal is reportedly in early-stage talks to acquire US-Israeli crypto custody firm Curv for $500 million. Founded in 2018, Curv is based in New York and has research and development offices in Tel Aviv. PayPal declined to comment over speculation of a deal. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. PayPal is holding early-stage discussions to acquire cryptocurrency custody firm Curv, Bloomberg reported on Tuesday. The deal could be worth as much as $500 million, according to CoinDesk. Discussions could still fall apart as there's no...
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Qatar to offer snowboarding instead of only sand dunes

Qatar to offer snowboarding instead of only sand dunes

Qatar National Tourism Council , in collaboration with Q Explorer Tourism, is offering a unique alternative for skiers and snowboarders who missed out on their annual snow... Read more ...

Backwater tourism in Kerala fearing another blow due to spike in COVID-19 cases

Backwater tourism in Kerala fearing another blow due to spike in COVID-19 cases

The backwater tourism sector in Kerala has barely recovered from the devastations brought about by the first wave of the COVID-19 pandemic, when it is apprehending another blow... Read more ...

Telangana Forest Department to set up ‘Eco-Tourism Hub' and ‘Community...

Telangana Forest Department to set up ‘Eco-Tourism Hub' and ‘Community Forest Reserve' at SRSP backwaters

Telangana Forest Department has decided to set up ‘Eco-Tourism Hub' and ‘Community Forest Reserve' at SRSP backwaters for improving tourism and for protecting wildlife and... Read more ...

Rajan Kumar Poudel is Nepalese Tourism ambassador to Japan

Rajan Kumar Poudel is Nepalese Tourism ambassador to Japan

Nepal Tourism Board has appointed Rajan Kumar Poudel as the tourism ambassador to Japan. Earlier, Poudel was a central committee member of the Japan chapter of Non-Resident... Read more ...

Dubai Tourism hosts virtual meet for stakeholders to provide sectoral overview

Dubai Tourism hosts virtual meet for stakeholders to provide sectoral overview

Dubai's Department of Tourism and Commerce Marketing hosted a virtual town hall meeting for the tourism industry stakeholders, providing an overview of the tourism sector and... Read more ...

J&K Tourism organizing mega tourism promotion event in Srinagar

J&K Tourism organizing mega tourism promotion event in Srinagar

The Ministry of Tourism J&K is organizing a mega tourism promotion event in Srinagar known as “Tapping the Potential of Kashmir: Another Day in Paradise” from 11th to 13th... Read more ...

Start-ups assisting tourism service providers in the midst of another round...

Start-ups assisting tourism service providers in the midst of another round of restrictions

Several start-ups that were planned and launched during the Covid-induced lockdown last year are now assisting hundreds of tourism service providers across the country stay... Read more ...

Rs. 43-lakh project under Green Carpet scheme of Kerala Tourism about to be...

Rs. 43-lakh project under Green Carpet scheme of Kerala Tourism about to be completed

A Rs. 43-lakh project under the Green Carpet scheme of the Kerala Tourism Department is about to be completed at the beach and is likely to be custom-built soon. Under the... Read more ...

Odisha lighthouses hold great tourism potential

Odisha lighthouses hold great tourism potential

As the Union Ministry of Ports, Shipping and Waterways aims improving 65 lighthouses on public-private-partnership mode, Odisha's five lighthouses present enormous potential... Read more ...

Odisha to identify more places for eco-tourism in the state

Odisha to identify more places for eco-tourism in the state

For boosting eco-tourism in Odisha, Chief Secretary Suresh Chandra Mahapatra has directed to expand more places for eco-tourism in the state. Eco-tourism has made successful... Read more ...