How Peloton Spun Out
This is a story of how a kickstarter campaign created a product that turned into a $50 billion company, that today has lost 95% of it’s value from all time highs. Were talking about Peloton. It seems silly at first. Selling a bike or a treadmill with an iPad so that people could train from […]
Zinc Sinking: Analyst Says Tara Mines Suspension Is A Wake-Up Call
The closure of Ireland’s Tara zinc mine highlights the significant decline in the price of zinc over the past year, according to a recent column by industrial metals analyst Andy Home on Reuters. The London Metal Exchange (LME) three-month zinc reached a record high of $4,896 per tonne in March 2022, but it has since […]
Inheritance and Gifts: A Necessary Bridge for Canada’s First-Time Homebuyers
According to a new survey by Royal LePage, over a third of first-time homebuyers in Canada received a lump sum from parents or relatives to aid them in purchasing their first property. Additionally, 67% of these buyers expressed concerns that their down payments might be inadequate. The study, published on Thursday, explored the primary trends […]
The [Confusing] Aftermath of Reddit’s Crackdown On Subreddits
Reddit has taken drastic action against the moderators involved in the continuing protests, only to reinstate a few later on. This move has caused quite a stir within the community and has far-reaching implications for the site’s future. The protests revolved around the labeling of subreddits as Not Safe For Work (NSFW), leading to various […]
New York Judge Fines Lawyers Who Used ChatGPT To Create Legal Brief
The lawyers who submitted a legal brief that was created using OpenAI’s large language model (LLM) ChatGPT were sanctioned by a Manhattan judge on Thursday. Judge P. Kevin Castel imposed a $5,000 fine on attorneys Peter LoDuca and Steven Schwartz, and their law firm Levidow, Levidow & Oberman. Castel said that the two “abandoned their […]
NCAA Moves to Drop Cannabis from Banned Substances List
The NCAA Committee on Competitive Safeguards and Medical Aspects of Sports (CSMAS) has announced its support for eliminating cannabis from the Association’s list of banned substances and testing protocols. According to the official announcement, Divisions II and III brought the matter to the committee’s attention, urging a reevaluation of the NCAA’s cannabis policy and a […]
How Did George Santos’s Father & Aunt, A House Painter & A Mail Handler, Post His $500K Bond?
In a recent development surrounding Representative George Santos, the question of who provided the $500,000 bond guaranteeing his release from federal custody last month has been answered. The sealed court records, which Santos attempted to keep confidential, revealed that his father, Gercino dos Santos Jr., and his aunt, Elma Preven, were the two relatives who […]
Online News Act Aftermath: Meta To Block News Content, Ottawa To Convince Google
In response to the recently passed Online News Act by the Canadian government, Meta Platforms (Nasdaq: META) announced its intention to block Canadians from sharing news on its platforms. The law requires digital firms to pay domestic media organizations for the content they use. This move by Meta is consistent with its previous actions in […]
BitGo Withdraws from Plans To Acquire Prime Trust, Withdrawals Reportedly Halted
BitGo, the cryptocurrency custodian, has decided to withdraw from its acquisition discussions with Prime Trust, effectively terminating the short-lived deal. The announcement was made by BitGo in a carefully worded tweet on Thursday, emphasizing that the decision was not taken lightly and the company remains committed to its regular operations. The tweet from BitGo stated, […]
Tale of Two Putins: Did Russian Media Accidentally Reveal a Presidential Double?
A tweet by Volodymyr Tretyak, an apparent supporter of Ukraine in its war against Russia, has piqued the interest once more about the potential existence of multiple Russian President Vladimir Putin’s – aka body doubles. The tweet points out a peculiar situation where the Russian strongman appears to be in two different places simultaneously, raising […]