Elon Under Federal Investigation; Twitter Wants the Goods
In a new turn of events, Elon Musk is now being investigated by federal authorities over his acquisition of Twitter. The deal has been in the works for months, but it appears that Twitter is looking for some kind of leverage in the situation, or at least further details. So far no details are given […]
US Social Security Benefits Set to Increase by Most in 40 Years
Shortly after the BLS released dismal CPI data showing inflation once again soaring to 40 year-highs, the Social Security Administration announced it will boost the cost-of-living adjustment (COLA) for pensioners by the most in four decades. Social Security on Thursday said around 70 million qualifying Americans will see their benefits increase 8.7% next year, as […]
NASA Has Tech That Might Soon Cut EV Charging Times To 5 Minutes Or Less
This week on surprise space news, experimental technology used to cool equipment in space could soon be used to charge electric vehicles in five minutes or less, according to a blog post by NASA. Five minutes, NASA points out, is the current industry goal for EV charging times. They said that to make this possible, […]
AMC Insiders Profited From ‘Apes’, Sold Shares For Over US$888 Million In Two Years
The ‘apes’ are holding on but the bananas might have already been harvested. Data from Dataroma show that company insiders such as hedge funds, private equity firms, board members, top executives, and other major investors in AMC Entertainment Holdings, Inc. (NYSE: AMC) sold US$888 million in stock over the last two years at significantly higher […]
TikTok Parent ByteDance Aims To Expand Music Streaming Unit
According to people familiar with the negotiations, TikTok parent company ByteDance Ltd has begun discussions with music labels about expanding its music-streaming service abroad to compete with industry giants such as Spotify Technology S.A. (NYSE: SPOT). ByteDance has reportedly been considering expanding its Resso music streaming service, which is presently only available in India, Indonesia, […]
IMF Says 2023 Will Be World Economy’s “Darkest Hour”
The International Monetary Fund predicts that world economic growth will contract from 3.2% in 2022 to 2.7% next year. Except for the years of the coronavirus epidemic and the years after the global financial crisis, the IMF’s growth prediction for 2023 is the lowest for the year ahead since 2001. “We are not in a crisis […]
Three Meta Executives Identified In OnlyFans Bribery Lawsuit
Three high-level Meta Platforms (Nasdaq: META) executives have been inadvertently identified by name in a California federal lawsuit filed by adult entertainers. Gizmodo learned that the case alleges that the executives received bribes from OnlyFans and abused internet databases meant to flag safety and security threats, including terrorism. In a reportedly accidental unredacted court filing […]
Germany Inflation Soars to 70 Year-High Thanks to Surging Energy, Food Prices
Germany, ranked one of the richest countries in the world, is facing a dire problem: not only is the nation heading into a freezing winter with depleted energy reserves, but inflation just soared to the highest in over 70 years, making it increasingly difficult for Germans— many of whom are already on the brink of […]
Copper Road Resources Hits 100.4 Metres Of 0.32% Copper In Ontario
Assay results are finally out for Copper Road Resources (TSXV: CRD) on their maiden drill program at the Copper Road Project, found within the Tribag Mine Zone of Ontario. The drill program consisted of eight holes, which were drilled over 3,000 metres in agregate. Drilling under the program was focused on the Breton and East […]
United Lithium Stakes Patriot Lithium Project In Colorado
United Lithium (CSE: ULTH) has added to its lithium land claims within the United States. The firm this morning indicated it has staked a large land position near Ohio City in Colorado, consisting of historical lithium pegmatite production. Nearly 25 square kilometres of property has been staked, consisting of over 300 unpatented lode claims within […]