Is Twitter Broke?
Twitter is currently embroiled in another legal battle as it is being accused of failing to compensate for services provided to its offices in London, Dublin, Sydney, and Singapore. Facilitate, an infrastructure company based in Sydney, is seeking collective payment exceeding A$1 million ($666,000) for outstanding payments dating back to October of the previous year […]
Unrest Spreads to Switzerland as French Riots Overflow
The recent days of turmoil and rioting in France have now extended to Switzerland, following earlier spillover into Belgium. The city of Lausanne in Switzerland became a scene of clashes between police and groups of predominantly young protesters, reminiscent of the profile of the rioters in France. During the disturbance, seven individuals, mostly teenagers, were […]
U.S. Supreme Court Permits Norfolk Southern Lawsuit To Proceed – Which Sets Precedent For A Unique Law
The leanings of the U.S. Supreme Court have become increasingly difficult to understand and predict. A good example of this is the Court’s 5-4 ruling on June 27 in Mallory v. Norfolk Southern Railway, No. 21-1168. Remarkably — particularly for a body consisting of six justices appointed by generally business-friendly Republican presidents — the Court upheld […]
Nationalize the Telcos For Capitalism – Pt. 2: Bell Canada
Nobody likes it when the interest rates go up. It raises the cost of capital and makes it more expensive to operate businesses. That drives employment rates down, and puts the housing market in a cold shower… and that’s the whole point. We’re fighting inflation here. Jack those rates up until buying money costs so […]
Axie Infinity: A Rollercoaster of Crypto Glory & Heartbreak
In the US and here in Canada, when we were locked down everyone traded memestocks like they were binge watching a Netflix show. In other parts of the world, they had to get creative with things like crypto and find ways for people who either had no access to trading and some savings, or had […]
De-Constructing Dave Ramsey: Why The Shtick Is Overblown
There’s a common notion, often repeated in grumbled old man tones at country bars and hardware store counters, that, “people just don’t understand personal finance.” That it isn’t taught in schools, and that the widespread financial ignorance of the masses (especially the KIDS!) is the reason the economy is in the sorry state it is, […]
Lithium: Resource Majors Pile Into Sector Despite Price Collapse
One of the most pointed debates surrounding the electric vehicle (EV) industry is whether lithium, a key element of the cathode in most EV batteries, will be in shortage or perhaps in excess supply five to ten years from now. At that time, lithium consumption promises to be multiples of current levels, and the sufficiency of […]
The End Of Twitter? Musk Limits Daily Tweet Views
In what is potentially one of the oddest decisions yet by Elon Musk following his acquisition of Twitter, it appears that the tech giant is limiting how many posts can be read by users on the social media platform. The changes, announced today in a tweet, indicate that unverified users of the platform will be […]
Binance Loses Euro Banking Partner, Fails To Secure German License
Paysafe Payment Solutions, the European banking partner of cryptocurrency exchange Binance, has announced that it will no longer offer its embedded wallet solution to Binance across the European Economic Area (EEA) starting from September 25th. The decision comes as Paysafe and Binance work together to implement a fair and orderly process for terminating the service […]
Cardinal Labs Shuts Operations Down, Leading Us To Ask: “Why Rent NFTs At All?”
Solana-based protocol Cardinal Labs has announced its decision to wind down operations, citing challenging economic conditions. The protocol, which raised $4.4 million in funding nearly a year ago to enhance the utility of nonfungible tokens (NFTs), made the announcement on Twitter and set August 26 as the deadline for all withdrawals. Cardinal Labs served as […]