Will The Intercept be the Next Media Outlet to Fold?
Independent news publication The Intercept may be the next media outlet to throw in the towel. The outlet is “running out of cash” according to a story published on Sunday by Semafor. It’s currently hemorrhaging around $300,000 monthly and is on track to have less than $1 million in reserves by November 2023. The root […]
Musk to Charge New X Users ‘A Small Fee’ to Post
Elon Musk has confirmed that his social media platform ‘X,’ formerly known as Twitter, will implement a charge for new users wishing to post content. Musk stated that this move is necessary to tackle the persistent issue of bot accounts flooding the platform. In a recent post on ‘X,’ Musk explained, “Unfortunately, a small fee […]
‘Canada Proud’ Sees Surge on Facebook Thanks to Trudeau Policy Intended to Help News Orgs
Right-wing content creator Jeff Ballingall’s Canada Proud Facebook page is experiencing an unexpected surge. Since Meta’s decision to block news links in Canada last August, purportedly to evade paying fees to media firms, Ballingall reports a notable uptick in clicks and engagement on his page, which boasts a staggering 540,000 followers. “Our numbers are growing, […]
Former TikTok Employees Contradict CEO’s Claim, Allege Close Ties with ByteDance
Former employees of TikTok have come forward with allegations that challenge the company’s assertions of independence from its Chinese parent company, ByteDance. These claims cast doubt on TikTok’s efforts to distance itself from Beijing amid concerns over national security risks. According to interviews conducted by Fortune with 11 ex-workers, including four who were employed as […]
Aluminum and Nickel Surge Following Sanctions on Russian Supplies
In response to the imposition of new sanctions by the United States and the United Kingdom, aluminum and nickel prices surged on the London Metal Exchange (LME). The sanctions, which came into effect after midnight on Friday, ban deliveries of any Russia-sourced metal through the exchange that has been produced after April 13, 2024. These […]
Golden Cariboo Sees Drill Program Get Underway At Quesnelle Gold Quartz Mine Project
Drilling has officially begun at Golden Cariboo Resources’ (CSE: GCC) Quesnelle Gold Quartz Mine Project in British Columbia. The program has started with a bang, with the first drill hole already having been completed.
Vizsla Silver Acquires New Project In Mexico Adjacent To Panuco
Vizsla Silver (TSXV: VZLA) has expanded its land holdings dramatically in Mexico, adding 10,667 hectares of land claims to its portfolio this morning. Referred to as the San Enrique prospect, the new project is found to the south and partially adjacent to Vizsla’s Panuco project along the Panuco-San Dimas corridor. The project is said to […]
PharmaDrug Engages Research Lab To Advance Patented Cocaine Synthesis Method
PharmaDrug (CSE: PHRX) has formally engaged a research lab to refine and advance the development of its patented cocaine synthesis process.
Housing Starts Fall 7% Across Canada In March On Seasonally Adjusted Basis
There was a noticeable downturn in the seasonally adjusted annual rate (SAAR) of housing starts across Canada in March, with the total falling 7% to 242,195 units from 260,047 units in February, as reported by the Canada Mortgage and Housing Corporation. This decline is part of a broader cooling trend observed over the last six […]
First Majestic Produces 2.0 Million Silver Ounces, 35,936 Gold Ounces In Q1
First Majestic Silver (TSX: FR) reported this morning that its first quarter production results amounted to a total of 5.2 million ounces of silver equivalent ounces. The figure, while marking a decline on a quarter over quarter basis, is inline with production guidance provided for 2024. The production figure consists of 2.0 million silver ounces, […]