WWE Is Back! Vince McMahon Returns to Board Following Hush Money Scandal
Vince McMahon, the owner and former CEO is back on the World Wrestling Entertainment Inc. (NYSE: WWE) board of directors, after stepping down from executive obligations last summer. The disgraced third-generation wrestling promoter faced numerous investigations regarding secret payments to women linked to the company for keeping “allegations of sexual misconduct and infidelity” under wraps. […]
You Mad, Bro? Blame The Media.
Ethan Faber, Director of CTV News Vancouver, has apparently resolved to stick up for the company more in 2023. The veteran newsman led off a January 1st message to his viewers (We will not be intimidated: A New Year’s message from our newsroom), with an anecdote about anti-semitic bullying that his father faced as a […]
Throwing in the Towel: Workers Everywhere are Walking Out in Demand of Higher Wages
Workers around the world have had enough: thanks to surging inflation, minimal— if any— wage growth, skyrocketing borrowing costs, and a general distaste for the current trajectory of their respective economies, employees are walking out on their jobs in protest of rapidly-deteriorating standards of living. Despite some signs suggesting inflation reached its peak and central […]
Credit Acceptance “Intends To Defend” Itself From Yet Another State Lawsuit
One of the US top subprime auto lenders, Credit Acceptance Corporation (Nasdaq: CACC), was sued on Wednesday by New York Attorney General Letitia James and the Consumer Financial Protection Bureau (CFPB) for duping thousands of low-income New Yorkers into high-interest automobile loans. “Credit Acceptance Corporation (CAC) makes predatory loans to millions of financially vulnerable consumers […]
Are We Nearing the End of Fiat Currency? — With David Morgan
Returning to The Daily Dive today is David Morgan of the Morgan Report. David sits down with us to give us his read on the future of fiat currency, in particular the US dollar, based on what’s going on in Russia and Japan, as well as the impact of the Fed’s decisions. We also discuss […]
‘Mutant Ape Planet’ Creator Arrested: Is This The Beginning Of The NFT Crackdown?
Aurelien Michel, a French national living in the United Arab Emirates (UAE) and creator of Mutant Ape Planet non-fungible tokens (NFTs), has been charged with defrauding investors of more than $2.9 million in cryptocurrency in a “rug-pull scheme.” Michel was arrested on January 4 at John F. Kennedy International Airport in New York. The charges […]
OpenAI’s ChatGPT Reportedly In Talks For Tender Offer Putting Firm At $29 Billion Valuation
OpenAI, the research lab behind the ubiquitous ChatGPT chatbot, is in talks to sell current shares in a tender offer worth roughly $29 billion, making it one of the most valuable US firms on paper but generating little revenue. According to persons familiar with the situation who told The Wall Street Journal, the tender might […]
NDP, Jagmeet Singh Rumored To Push Cabinet To Regulate Internet, Censor “Misinformation”
Jagmeet Singh, head of the New Democratic Party (NDP), says his party would advocate for government control of social media sites to combat “hate and misinformation,” adding that private corporations should not be solely responsible for content moderation on their platforms. All of the 25 NDP members of Parliament, reportedly according to Singh, will put […]
Bed Bath & Beyond Slumps To A 30-Year Low After Firm Raised Doubts On Its Future
Bed Bath & Beyond Inc. (NASDAQ: BBBY) filed a form with the SEC on Thursday saying they would not be able to file their quarterly financial statements ending November 26, 2022, and are asking for a five-day extension to file. “Based on business performance for the third quarter of fiscal 2022, the Company has determined […]
SBF: Users Losses Are “Only Economic”, Fights To Keep Robinhood Shares To Pay Defense Bill
Another day, another headscratcher in the court cases pertaining to FTX and Sam Bankman-Fried, or SBF as he’s come to be known as. The latest drama surrounding the case pertains to the matter of Robinhood Markets (NASDAQ: HOOD) shares that were recently seized from the holdings of Emergent Fidelity Technology Ltd, an entity in which […]