Private Parties in Dubai: What’s Really Going On

People talk about private parties in Dubai all the time, but not in a way where someone actually sits down and explains it. It’s more like fragments. A sentence here, a hint there, then the topic just fades out. And the weird part is — almost everyone seems to know something, just not the full picture. If you stay in the city long enough, you start noticing the same…

A TikTok deal has finally been reached.

TikTok controlled US app

Trump says deal done with China — TikTok gets a lifeline, but it’s turning into something else entirely. ByteDance will lose control over TikTok’s U.S. side. It’ll be run by Americans. Storage, servers, moderation — all moving stateside. Law that forced ByteDance to sell is pushed back to December 16, to finish the setup. They’re talking Oracle, Silver Lake — U.S. investors who will manage most of the U.S.…

Bitwise Files for a Spot AVAX ETF. Here’s What’s Actually Happening.

Bitwise isn’t naive. This filing didn’t come out of nowhere. VanEck submitted a similar ETF application for AVAX back in March. Grayscale wants to convert its Avalanche Trust into a public product as well. So Bitwise is jumping into a queue that’s already moving. Their edge? Speed. If regulators shift stance and open the gate, they want to be the first name through. No approval. No timeline. Just paperwork…

After a 5-year ban: the court forced Apple to return Fortnite to the App Store

After almost five years of blocking, the video game Fortnite has returned to the App Store in the United States. Reuters writes about it. Epic Games, the company that owns the project, resumed access to the game after putting judicial pressure on Apple, which was accused of abusing its monopoly position. In April 2024, the court found that Apple had violated a previous ruling requiring the admission of third-party…

Clarification Regarding News Reported in the Media

CLARIFICATION Mossack Fonseca & Co. wishes to express its position regarding information reported in some media outlets. Our firm is being wrongly implicated in matters over which we have no involvement. We clarify that: Regarding other points mentioned by the media, we clarify the following: We will continue our nearly 40-year history of serving the international commercial, banking, legal, and financial community and will continue our efforts to become…