Easter Egg Hunt: Your macOS Is Hiding A Copy of the Bitcoin Whitepaper
Apple (Nasdaq: AAPL) has apparently included Satoshi Nakamoto’s Bitcoin Whitepaper in all macOS versions since it launched Mojave in 2018. Developer Andy Baio accidentally discovered the file when he was trying to fix his printer. He found a PDF copy of the whitepaper written by the mysterious Bitcoin inventor. Baio did what any developer would […]
REIT Cuts: Canadian Real Estate Trusts Are Slashing Payouts
Two major real estate investment trusts (REITs) have recently announced distribution cuts in just the last few weeks, making a case for the struggles faced by the real estate industry amid rising interest rates and vacancies. Slate Office REIT (TSX: SOT.un) slashed its distribution to 1 cent per unit monthly from 3.3 cents, or almost […]
Liberals Want A New PBO Report On Carbon Tax, Asks to Show ‘Both Sides of the Climate Ledger’
A Liberal MP has formally requested the Parliamentary Budget Officer (PBO) launch a new study on the economic impact of the carbon tax after a recent report showed that most households will see a net loss. Lloyd Longfield, an MP from Guelph, asked PBO Yves Giroux in an open letter to “launch a new study […]
Airbnb Slumps After Short Seller Report Discloses Hosts Are Competing With The Platform
Airbnb (Nasdaq: ABNB) stock plummeted as much as 6% on Thursday after a short study suggested that, among other issues, the company’s top hosts have began competing directly with Airbnb on new platforms. In a report by The Bear Cave, amid countless scandals and horror stories, the Airbnb platform has switched towards professionally managed apartments, […]
Twitter Ad Revenue Evaporates As Advertisers Remain Wary of Musk
New estimates show that despite huge discounts and the promise of better control with new safety tools, Twitter’s advertising revenue has continued to fall. And the main culprit for the resistance, according to advertisers, is how new owner Elon Musk has been behaving on the platform. Pre-Musk era Twitter historically earned more than 85% of […]
Air Canada’s CEO Gets A 233% Compensation Increase In 2022
Air Canada (TSX: AC) executives significantly increased their pay packages in 2022, following the expiration of certain management pay clauses related to support received from the Government of Canada amid the pandemic. Chief Executive Michael Rousseau saw his compensation increase an astounding 233% from 2021 to 2022, with total compensation hitting $12.4 million, up from […]
OPNX Exchange Offering Tokenized Debt Trading Flops on First Day
A newly-created crypto exchange is tokenizing the debt of bankrupt crypto companies and allowing users to trade them. However, the unique approach isn’t swaying traders in the current crypto atmosphere. OPNX, created by Zhu Su and Kyle Davies— the infamous pair behind now-bankrupt hedge fund Three Arrows Capital, and the co-founders of CoinFLEX— is a […]
Are Crypto.com Bank Accounts In Canada Frozen?
There have been recent reports that Crypto.com users in Canada seem to be unable to withdraw from their accounts. “I requested an etransfer on Friday and yesterday support told me that the feature is not working at the moment; they’re working on restoring it [at the moment],” a Reddit user complained. “Any Canadian experiencing delayed […]
GOP-Controlled Tennessee House Expels Democrats for Joining Gun Control Protests
After a seven-hour session on Thursday, Tennessee’s Republican-controlled House of Representatives voted to expel two Democrats from the House but fell short of removing a third one. A week ago, the three led a gun control protest in the chamber after a Nashville school shooting took the lives of six people, including three children. “We […]
Joe Biden to Tighten Car Pollution Rules in Effort to Boost EV Adoption
The Biden administration is planning to propose the toughest-ever pollution rules for cars in the US as part of its efforts to combat climate change without outright banning internal combustion engines and mandating all-electric modes of transportation. The proposed rules, which were unveiled to Bloomberg by people with knowledge of the matter, will prompt automakers […]