Robinhood Ends Support For Solana, Cardano, Polygon
Robinhood (NASDAQ: HOOD) is looking to distance itself from certain crypto coins, evidently in light of recent crackdowns by the SEC on Coinbase Global (NASDAQ: COIN). The firm this morning issued a notice that it will be dropping support for three crypto currencies. The cryptos in question are Cardano (ADA), Polygon (MATIC), and Solana (SOL). […]
Google Cracks Down on Hybrid Setup, Wants Workers Back In the Office
Google (Nasdaq: GOOGL) becomes the newest tech company to walk back on its hybrid work policy. The tech giant is reportedly implementing stricter measures to ensure employee attendance in its offices. The crackdown comes as the company works to fight leaks as it shifts its focus deeper into artificial intelligence. The company on Wednesday updated […]
Marc Cohodes To David Sacks: “Be Sure To Hire Some Great Lawyers” On Solana Gaffe
The online feud between famed short seller Marc Cohodes and Craft Ventures General Partner David Sacks continues to heat up as the former unearths a YouTube episode where the latter seems to be discussing how he made money off of the crypto platform Solana with Social Capital CEO Chamath Palihapitiya and venture capitalist Jason Calacanis. “Take […]
Hut 8 Sees Equipment Fail At Drumheller Facility As Fast As It Can Be Repaired
Hut 8 Mining (TSX: HUT) appears to be keeping its operation moving along as a result of its prior “hodl” strategy, revealing this morning that it produced 147 bitcoin during the month of May, while selling 179 bitcoin to meet obligations. The production figure of 147 bitcoin was an improvement from the 132 produced in […]
Canada’s Labour Market Sheds 17K Jobs in May
Canada’s labour market lost 17,000 jobs in May, bringing the unemployment rate to 5.2%— marking the first increase since August 2022. After sitting stagnant at a historically-low level of 5% for five straight months starting in December 2022, the unemployment rate finally ticked higher by 0.2 percentage points to 5.2% last month. The majority of […]
Saputo Q4 2023: $4.47 Billion In Revenue, $159 Million Net Earnings
Saputo Inc. (TSX: SAP) reported its fiscal Q4 2023 financials, topbilled by a quarterly revenue of $4.47 billion, up from Q4 2022’s $3.96 billion. “We delivered a solid performance in the fourth quarter, notably through pricing initiatives, strong international markets, and favourable commodity prices. We also made progress across our supply chain which allowed us to […]
DoorDash Accused of Massive Consumer Fraud in $1B Class Action Lawsuit
DoorDash Inc (NYSE: DASH) faces yet another class action lawsuit over its deceptive business practices, this time by plaintiffs in California. The $1 billion lawsuit filed in the US District Court of Northern California targets DoorDash’s various fees and pricing schemes, which it alleges are deceptive and exploitative. It argues that these practices prey on […]
FCC Hits Far-Right Operatives with $5 Million Fine for Illegal Robocalls
The Federal Communications Commission (FCC) has imposed a hefty fine of $5,134,500 against John M. Burkman, Jacob Alexander Wohl, and J.M. Burkman & Associates LLC for engaging in illegal robocalling practices. The FCC’s decision, reached unanimously, comes after the parties failed to provide sufficient evidence or convince the Commission to dismiss the proposed fine. The […]
Donald Trump, The First US President To Be Indicted Twice
When Donald Trump thought he would be setting records as a president, he probably didn’t think it would be for a number of indictments he would receive. Sources have confirmed that the 45th President of the United States is facing a second indictment, this time on federal charges concerning his management of classified information after […]
Tim Hortons To Launch No-Annual-Fee Credit Card for Its Mobile App Users
Canadian coffee chain Tim Hortons is entering the competitive rewards space by launching a new credit card that can be used through its mobile app. The company’s new division, Tims Financial, announced in a press release that it will offer a no-annual-fee Mastercard powered by Neo Financial. The credit card is set to be launched […]