Facebook's own crypto collapses | Aussie Aristocrat ditched in the UK | $23B: Exxon is back (and better than ever?)

Published: Feb. 3, 2022, 6 p.m.

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Diem, the ambitious crypto project funded by Facebook has collapsed after a more than two-year effort.

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Aussie gambling software maker Aristocrat Leisure has to abandon its $4B takeover of Playtech after Playtech’s shareholders rejected the deal.

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After the oil industry hit record lows in 2020, Exxon Mobil’s annual profits have exploded to US$23 billion - its highest levels since 2014.

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