Bitfarms Reaches $7.8 Million Settlement On $21 Million Debt Facility
It appears that a gamble by Bitfarms Ltd (TSX: BITF) to default on its debt as a means of renegotiating a loan has paid off handsomely for the company. In mid-January, the firm indicated via press release that it was considering defaulting on a loan between Backbone Mining Solutions, a subsidiary of the Bitfarms, and […]
Bard Overboard: Why Microsoft Bing Finally Has A Chance In The Search Engine Race
The sudden ubiquity of AI-powered search has launched a tight race between the world’s tech giants that a snafu made in the interest of speed cost one of the giants $100 billion in valuation. Alphabet’s (NASDAQ: GOOGL) Google introduced its AI chatbot Bard on Monday, a competitor to Microsoft-backed OpenAI’s ChatGPT that will be “more […]
Canopy Growth To Cut 60% Of Staff As Earnings Continue To Implode
Less than a year after Canopy Growth (TSX: WEED) announced that it was “undertaking initiatives to reduce costs and drive efficiency,” as it sought to obtain profitability, the company has now revealed it is undergoing a “Canadian business transformation plan.” The “new” plan follows the company’s divesture of its retail operations in Canada, an effort […]
ChatGPT Has Brought Us Closer To Tech That Allows You To Talk To Dead Loved Ones In The Metaverse
Artur Sychov, the founder of top metaverse company Somnium Space, recently told Vice that advancements in AI technology, specifically through OpenAI’s ChatGPT, have pushed the timeline for the development of “Live Forever” mode in the metaverse by a few years. Live Forever mode allows people to store the way they talk and move and how […]
Joe Biden Gets Ridiculed During State of the Union Speech, Trump Issues “Real” Version
US President Joe Biden’s State of the Union address was so ill-received the audience erupted in boos and shouting, with one Republican going as far as calling him a lair for criticizing the GOP’s agenda. During his speech on Tuesday, Biden boasted about his administration’s endless work in tackling Covid-19, unemployment, inflation, and climate change, […]
Widespread Twitter, Instagram, Youtube Outage Leaves Users Frustrated
Twitter and Instagram users began reporting widespread interruptions with their social media accounts on Wednesday, revealing they received error messages when trying to post content. According to Downdetector, a real-time outage monitoring website, a wave of Twitter users reported they were having difficulties with the social media platform, whereby they received an error message telling […]
Seymour Hersh Reports US Blew Up Nord Stream Pipelines; White House Denies Report
Famed journalist Seymour Hersh has published a new substack report that suggests the United States sabotaged the Nord Stream pipelines via a series of underwater explosions on September 26, 2022, as part of a covert operation under the guise of the BALTOPS 22 NATO exercise. Hersh claims that the Biden Administration, CIA, and Pentagon were […]
Canada Nickel Announces $20 Million Financing, Providing Anglo American With An Immediate $2.2 Million Paper Loss
Just hours after Canada Nickel (TSXV: CNC) announced that Anglo American would be taking a 9.9% stake in the firm as part of an offtake arrangement, it appears that the company is taking the shareholder excitement to the bank. After the close of markets, the firm revealed it will be conducting a bought deal financing […]
Protesters Take To The Streets Calling To Investigate Allegations Against Adani Group
The Adani Group crisis in India brought members of the opposition political parties out on the streets Monday as they called for a parliamentary investigation into the allegations of short-seller Hindenburg Research against the conglomerate led by Gautam Adani, who was once the third wealthiest person in the world. Protesters in New Delhi and across […]
Switzerland Rethinks Neutrality As Arms Exports Industry Dries Up
Switzerland’s long-standing tradition of “neutrality” may soon come to an end as calls for a pro-Ukraine shift in public and political moods increases pressure on the government to stop its ban on exports of Swiss weapons to war zones. Under the principle of Swiss neutrality — which goes as far back as the Treaty of […]