Sam Bankman-Fried Thinks Another FTT Token Is The Solution
The FTX founder seems to be trying to distract the crypto space from the Tether short story. When he’s not doing media rounds on his apology tour, former chief of the failed crypto exchange FTX Sam Bankman-Fried is running his digital mouth on Twitter. Replying to a tweet by crypto pundit Ran Neuner who suggested […]
Quebec Judge Rules Fortnite Can Be Sued Over Alleged Addiction Risks
A Quebec judge has authorized a class-action lawsuit against the popular video game Fortnite, citing its potential for addiction. The lawsuit, brought by Montreal-based Calex Legal, alleges that the game’s creators, Epic Games, intentionally designed Fortnite to be highly addictive without providing proper warning to players. The firm was “heavily inspired” by a landmark civil […]
This Week In China: Easing COVID Policies, Boosting Property Market, Visiting Saudi Oil
As Last Week Tonight host John Oliver would say: “it has been a busy week.” And it truly was for China, with the next weeks poised to be busier. Relaxing COVID restrictions The Chinese government has begun easing some pandemic restrictions, less than a week after residents in major cities across the country took to […]
Elon Musk Says “Wise To Avoid Using Margin Loans” After Lenders Set Sight On Tesla Stocks
In response to a question about Tesla’s stock performance on Twitter, Tesla (Nasdaq: TSLA) CEO Elon Musk said it was “generally wise” to avoid using margin loans on any company when there are macroeconomic risks involved. “When there are macroeconomic risks, it is generally wise to avoid using margin loans on any company, as stocks […]
Will GM Meet Its $1 Billion Revenue Target For Cruise By 2025?
General Motors (NYSE: GM) recently released expectations for Cruise, the company’s driverless ride-hail unit, to reach US$1 billion in revenues as soon as 2025. The numbers indicate the business’ massive potential but, as Seeking Alpha put it, it will take “near-perfect execution” to achieve. Is GM pulling an Elon Musk and overhyping the potential of […]
German Prince, Former Soldiers Arrested For Terrorist Plots To Overthrow Government
German federal prosecutors on Wednesday announced that special forces in Germany arrested 25 persons suspected of backing a domestic terrorist organization that wanted to topple the government and build its own state. Some 3,000 police and Special Forces officers detained people believed to be members and supporters of the group, which prosecutors said had formed […]
FCC Filings Show That Tesla Will Be Adding Radar Back To Its Vehicles
Looks like Tesla (NASDAQ: TSLA) CEO Elon Musk might also soon need to take back claims that full autonomy for its vehicles could be reached through a “pure vision” approach. The company recently filed documents with the Federal Communications Commission to use a new radar in its vehicles. The filing, first reported by Electrek, follows […]
Swarmio, Etisalat By E& Bring Ember Esports To MENA Region
Swarmio Media (CSE: SWRM) and Emirati-based telecommunications services provider Etisalat by e& announced their partnership that would accelerate bringing the proprietary Ember gaming esports platform to Middle East and North Africa. Our partnership with etisalat by e& will bring the Ember platform to millions of gamers across the MENA region, beginning with the United Arab Emirates – […]
Kevin O’Leary Received $15 MILLION for Being a FTX Spokesperson
Shark Tank judge and crypto connoisseur Kevin O’Leary was paid a whooping $15 million to be a spokesperson for now-failed FTX, revealing he lost his entire payday once the crypto exchange went under. In an CNBC Squawk Box interview on Thursday, O’Leary revealed he received about $15 million from FTX to advocate for the crypto […]
More States Ban TikTok On Government-Issued Devices
Texas is the latest state to ban downloading and using the TikTok app on government-issued devices. Governor Greg Abbott on Wednesday ordered state agencies to implement the ban, citing concerns over the app’s data-sharing practices with the Chinese government. “TikTok harvests vast amounts of data from its users’ devices … and offers this trove of […]