Did Billy McFarland Just Announce That There Will Be A Fyre Festival II?
The world could be seeing a return of the disastrous Fyre Festival — at least according to co-founder and convicted con man Billy McFarland who teased it on Twitter on Monday. In 2017, McFarland and co-founder Ja Rule launched a massive influencer campaign to promote Fyre Festival, a three-day ultra-exclusive party on a private island […]
Did CryptoGPT Raise $10 Million For A ChatGPT Knockoff?
CryptoGPT, a zero-knowledge (ZK) layer 2 blockchain, has raised $10 million in funding, capitalizing on the recent rise in interest in artificial intelligence (AI). According to a release, the Series A round, led by market maker DWF Labs – which has emerged as one of the most active investors during the crypto bear market – […]
Sigma Lithium Secures Operating License For Grota do Cirilo, Production To Begin “Within Days”
Sigma Lithium (NASDAQ: SGML), a Canadian mineral developer, has secured a license in Brazil to manufacture and sell lithium from its Grota do Cirilo project. The operating license was issued by the Minas Gerais Council of Environmental Policy, Conselho Estadual de Politica Ambiental (COPAM), in March 2023, with Sigma Lithium hoping to begin production this […]
Pierre Elliot Trudeau Foundation: President and Entire Board Resigns Over Chinese Political Donations Scandal
The Pierre Elliott Trudeau Foundation, a non-profit scholarship organization dedicated to the memory of former prime minister and Justin Trudeau’s father, has been in upheaval ever since the Globe and Mail uncovered a hefty political donation from a Chinese billionaire earlier this year. So much so, in fact, that the charity’s entire board of 18 […]
Whole Foods Shuts San Francisco Flagship Store, Citing Staff Safety
Amazon (Nasdaq: AMZN) subsidiary Whole Foods Market is temporarily closing down its Trinity location in San Francisco beginning Tuesday. The supermarket, which is one of the largest in Downtown San Francisco, has only been open for a little over a year. “We are closing our Trinity location only for the time being,” a spokesperson said […]
Newmont Offers “Best And Final” Bid For Newcrest At $19.5 Billion
On Tuesday, Newmont Corp (NYSE: NEM) made a best and final offer of A$29.4 billion ($19.5 billion) for Australia’s Newcrest Mining (TSX: NCM) in order to finalize a merger that would expand Newmont’s lead as the world’s largest gold producer. According to the revised proposal, Newcrest shareholders would get 0.4 Newmont shares for each Newcrest […]
Trillion Energy Begins Drilling Fifth Well At SASB Gas Field
Development under Trillion Energy’s (CSE: TCF) multi-well program continues apace, with the firm now drilling its fifth well under the program. Trillion has officially spud the fifth well, to be known as Bayhanli-2, within its SASB gas field in the Black Sea, off the coast of Turkey. The well is said to be targeting a […]
E3 Lithium Set To Begin Pilot Plant Construction In Early May
E3 Lithium (TSXV: ETL) is getting set to test its tech when it comes to direct lithium extraction. The firm has reportedly received approvals from an Albertan regulator to proceed with a field pilot plant. The pilot plant, the approval for which was granted by the Alberta Energy Regulator, is slated to be built near […]
Taiwan Semi Reports Disappointing March Revenues: A ‘Canary in Coal Mine?’
On April 10, Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), the world’s largest dedicated independent semiconductor foundry, reported that its March 2023 revenues were NT$145.1 billion, down 15.4% year-over-year from NT$172.0 billion in March 2022. A Taiwan New Dollar, NT$, is equivalent to one U.S. dollar. Taiwan Semi counts as its customers most of the world’s […]
Global Economy Facing Weakest Growth Outlook Since 1990s
The International Monetary Fund (IMF) has warned that the global economy is likely to suffer the slowest growth in over 30 years, thanks to lingering effects of the pandemic and worsening geopolitical tensions. Kristalina Georgieva, IMF Managing Director, predicted that the global economy’s 2022 slowdown will continue this year and could continue for half a […]