Amazon Sued for Inflating Prices, Penalizing Merchants for Offering Lower Prices on Rival Sites
E-commerce giant Amazon was slapped with a lawsuit from the state of California on Wednesday, over allegedly violating anti-trust laws by penalizing third-party merchants for selling their products at lower prices on competing websites. According to the Wall Street Journal which obtained a copy of the lawsuit filed in San Francisco Superior Court, Attorney General […]
Diamond Standard: Startup That Tokenizes Diamonds Raises $30 Million In Series A Funding
Diamond Standard, a blockchain startup that developed the “world’s only regulator-approved diamond commodities” — or essentially, diamond tokens — on Wednesday announced that they were about to raise $30 million in a funding round led by venture capital firm Left Lane Capital and investment firm Horizon Kinetics. Additional participants, the company said in a press […]
China Starts The Moon Mining Race With Three Missions Planned To Dig Future Energy Source
China plans on launching three unmanned missions to the moon following its discovery of a lunar material containing helium-3, touted to be a future source of energy. Beijing’s National Space Administration aims to unearth unmoon the mineral it is calling Changesite-(Y), a lunar resource discovered from the rock samples gathered by Chang’e-5 mission in 2020. […]
Twitter Shareholders Intend To Hold Elon Musk To The Merger Agreement With 98.6% Vote Approving The Acquisition
Despite Elon Musk trying to get out of the proposed Twitter (NYSE: TWTR) takeover, the firm’s shareholders seem determined to see the deal through. The social media platform’s stockholders overwhelmingly approved the merger where Musk would buy the company at US$54.20 per share. The proposal garnered 98.6% of the votes cast in favor out of the represented […]
US Food Inflation Spikes To 43-Year High Yet Biden ‘Celebrates’ Inflation Reduction Act
The biggest disconnect today: US President Joe Biden touted the recently passed Inflation Reduction Act just after the country recorded a four-decade high for food inflation. The president just signed the US$430-billion climate change bill after years of many forms and securing the backing of key Congress leaders after it’s been rebranded as a package […]
Queensland’s New ‘Unworkable’ Land Tax May Not Be Such A Bad Thing For Renters
Being a landlord in Queensland could soon be more trouble than it’s worth, thanks to the new land tax that will be implemented beginning June 30 next year. The new rule only affects property investors who have land in Queensland and interstate. It requires anyone who owns investment properties interstate and in Queensland to pay […]
Why Does Social Media Love Short Form Video? – With Curt Marvis of QYOU Media
Joining SmallCapSteve today is frequent guest Curt Marvis, CEO and Co-founder of QYOU Media (TSXV: QYOU). Today, we talk about the short video platform giant TikTok and explore people’s affinity for short-form videos, before we get into a conversation on the landscape of influencer marketing. We close out the interview by hearing the latest for […]
Germany Will Have No Choice But To Allow Russian Uranium Shipment
The German government’s hands are tied and it has no choice but to permit the shipment of Russian uranium en route to French nuclear plants simply because the European Union’s sanctions on Russia do not cover atomic fuel. A shipment of uranium aboard the Russian ship Mikhail Dudin is currently docked in the Fench port […]
Hard Rock Spends $100M To Bump Up Wages Of Non-Tipped Employees
Hard Rock International and Seminole Gaming on Tuesday announced that it will be investing $100 million to increase starting wages for 10,000 employees at the company’s hotel, café, and casino locations around the country. The increase will see new starting wages ranging from $18 to $21 an hour, which, as the company emphasized, is at […]
Core Assets Releases Preliminary Data On Grizzly Target Drilling
Core Assets Corp (CSE: CC) this morning released preliminary data from an ongoing drill program at its Silver Lime Porphyry-CRD project within the Blue Property, which is found in the Atlin Mining Camp of BC. Early indications have reportedly demonstrated that the company has intersected massive and semi massive sulphide carbonate replacement and skarn mineralization. […]