F3 Uranium Sees Board Of Directors Approve Spinout Transaction

F3 Uranium (TSXV: FUU) is proceeding with a previously proposed spinout of certain assets. The company has entered into a definitive agreement for the spinout of F4 Uranium Corp, establishing another uranium explorer focused on the Athabasca Basin. F4 Uranium, as part of the spinout, will take with it 17 properties from F3’s portfolio. Those […]

Congo Beats Canada to LNG Exports

The Republic of the Congo, also known as Congo Brazzaville, has surpassed Canada in liquefied natural gas (LNG) exports. The African nation began exporting LNG for the first time in February 2024, following the completion of the first phase of a two-phase floating LNG (FLNG) project operated by Italian energy company Eni. The Tango FLNG […]

Adobe’s Terms of Service Update Sparks Outrage Among Users Over Privacy Concerns

Adobe (Nasdaq: ADBE) is facing backlash from users after an update to its Terms of Service suggested that the company may access user content through manual and automated methods, including machine learning techniques, to improve its services and software.  The update, which went into effect on February 17, 2024, raised concerns among users who feared […]

FBI Raid in Atlanta Unveils Alleged Rent Price Fixing Scheme

The Federal Bureau of Investigation has raided the headquarters of Cortland Management, a prominent corporate landlord based in Atlanta, in a move against suspected rent price manipulation. This operation is part of a broader Department of Justice investigation into an alleged conspiracy among large landlords to artificially inflate rental prices through collusion. At the heart […]

Kate Middleton “May Never Come Back” To Royal Duties

Concerns about Kate Middleton’s well-being are once again fueling speculations, especially in light of recent remarks hinting that she “may never return to the role people once knew her in.”  This comes about three months after the Princess of Wales herself, in a prerecorded video, revealed that she would be undergoing preventative chemotherapy following a […]

Canada’s Average Rental Asking Price Reaches Record High With BC Topping The List

The average asking rental price in Canada surpassed $2,200 to reach a record high in May, according to a new report. Published by Rentals.ca and Urbanation, the June 2024 Update Rentals.ca Rent Report found that the average monthly asking price for all residential rentals increased by 9.3% year-over-year to hit $2,202 in May, surpassing the […]

Amazon Accused of Breaching Russian Sanctions with Facial Recognition Technology

A former employee has accused Amazon (NASDAQ: AMZN) of violating UK sanctions by allegedly providing Moscow with its facial recognition technology following Russia’s full-scale invasion of Ukraine. The accusation, made by Charles Forrest, forms part of his evidence in a legal claim against his former employer, Amazon Web Services (AWS), which the company is contesting. […]

Google Announces $100 Million Distribution to Canadian News Companies

Google has officially announced its selection of the Canadian Journalism Collective (CJC) to distribute the $100 million it has pledged annually to Canadian news companies. This agreement is part of Google’s compliance with the Online News Act, which mandates tech giants to establish financial agreements with news publishers. The CJC, a federally incorporated non-profit organization […]

Global Reserve Managers Flock to US Dollar, Yuan Demand Stalls: OMFIF Survey

The Official Monetary and Financial Institutions Forum (OMFIF) this week released a survey that revealed a sharp shift in the preferences of global reserve managers. The survey, which included responses from 73 central bank reserve managers, found that a net 18% of respondents plan to increase their exposure to the US dollar in the next […]