Tucker Carlson Wants to Raise Funds for a Subscription-Based Media Company Powered by Twitter
Former Fox News host Tucker Carlson, along with ex-White House adviser Neil Patel, are planning to raise hundreds of millions of dollars for a new media company, utilizing Twitter as a primary platform for content distribution. Sources familiar with the matter told the Wall Street Journal that the new media outlet would feature extended versions […]
Celsius Network Fined $4.7 Billion In FTC Settlement But Founders Will Go To Court
The United States Federal Trade Commission (FTC) has imposed a hefty $4.7-billion fine on bankrupt crypto lender Celsius Network, accusing the company and its executives of deceptive practices. The judgement, however, will be suspended temporarily to enable Celsius to return its remaining assets to consumers in bankruptcy proceedings. Celsius Network, based in New Jersey, marketed […]
Big Tech-Funded House Republicans Attack FTC Chair Lina Khan for Twitter “Obsession”
The chair of the Federal Trade Commission (FTC), Lina Khan, defended the agency’s aggressive legal strategy against major technology companies during a hearing on Thursday. House Republicans criticized Khan, accusing her of “harassing” Twitter following its acquisition by Elon Musk and filing arbitrary lawsuits against large tech firms. They also questioned her refusal to recuse […]
Pegasus Resources: Exploration Program Targets Multiple Drill Sites Amid Uranium Surge
FULL DISCLOSURE: This is sponsored content for Pegasus Resources. Christian Timmins, CEO & President of Pegasus Resources (TSXV: PEGA), joins us in the edition of The Daily Dive to talk all things uranium. We cover current tailwinds in the sector and potential headwinds, current pricing, and mining the yellow metal versus other commodities. We then […]
End of the Line: Secret Service Concludes White House Cocaine Investigation
The investigation into the mysterious presence of cocaine in the White House has reached a dead end, according to the Secret Service in a statement released on Thursday. Despite extensive testing and analysis, no usable forensic or video evidence could reportedly be found to identify the individual responsible. The small plastic baggie containing the powdered […]
Canada Productions Brace for Hollywood Actors Strike, Bob Iger Calls Demands “Unrealistic”
Canada’s film and television industry is preparing for further job uncertainty as Hollywood actors from the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) have decided to go on strike. The strike, which began at midnight on Thursday, threatens Canadian sets with SAG stars that have already been affected by the ongoing Writers […]
Twitter Begins Ad Revenue Sharing with Creators, Showing Payouts As High As Over $100K
Popular creators on Twitter will soon receive their long-awaited payouts as part of the platform’s revenue-sharing program. Months after Twitter owner Elon Musk’s initial announcement, the company confirmed on Thursday that the money will be transferred to eligible users within the next 72 hours. The program is exclusively available to Twitter Blue subscribers and is […]
Canopy Growth To Propose Share Consolidation Of Up To 1 For 15 Shares
Canopy Growth (TSX: WEED) is set to seek approval for a share consolidation, following the receipt of a notice from the Nasdaq Stock Market that its shares have failed to meet a minimum bid requirement. Canopy has indicated that following its failure to meet the minimum bid requirement of $1.00 for a period of 30 […]
Canopy Growth Reduces Debt By Blowing Out Cap Table
Canopy Growth Corp (TSX: WEED) is imploding its capitalization table as a means of reducing its current debt load and delevering its balance sheet. The arrangement comes just a day shy of the maturity of $225 million in aggregate principal amount of existing notes, which are set to mature on July 15. In an effort […]
Celsius: Alex Mashinsky Faces Fraud Charges From SEC, CFTC, DOJ
Exactly a year after Celsius Network filed for bankruptcy, the firm and its founder Alex Mashinsky are now facing charges of fraud and unregistered offer and sale of securities. The U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Department of Justice through the New York State Attorney’s Office have […]