Revenue-Strapped Elon Musk Tells Advertisers: “Go F*** Yourself”
Addressing attendees at the 2023 DealBook Summit in New York, Elon Musk, the proprietor of the social media platform X (formerly Twitter), discussed the departure of advertisers from the platform due to antisemitic posts he had shared. Musk dismissed the notion of being influenced by advertising, stating, “If somebody’s gonna try to blackmail me with […]
Google, Canadian Government Reach Agreement on Online News Act
Google and the federal government have successfully resolved their dispute over the Online News Act, leading to an agreement that ensures Google will continue sharing Canadian news online. In exchange, the company will make annual payments to news companies amounting to around $100 million. Earlier reports from Radio-Canada and CBC News indicated the agreement had […]
Market Movers: Copper Road Jumps 57% After Hitting 50 Metres Of 1.00% Copper Equivalent
Copper Road Resources (TSXV: CRD) is a major market mover this morning, trading over 5.18 million shares within the first hour of trading following the release of drill results from its summer drill program.
Royal Bank of Canada Q4 2023 Exceeds Expectations Despite Credit Loss Provision Bump
Royal Bank of Canada (TSX: RY) announced a stronger-than-expected quarterly profit on Thursday, propelled by robust performance in its corporate and investment banking division. This positive outcome counteracted the impact of increased provisions for bad loans. The capital markets unit of the largest Canadian bank experienced a significant boost, with net income from the business […]
Verses Adds NASA’s Jet Propulsion Lab As Beta Partner For Genius
Verses AI (NEO: VERS) received a boost to its credibility this morning with the announcement that the National Aeronautics and Space Administration, or NASA, is the latest partner to join its beta program for its intelligence as a service platform known as Genius.
LNG Energy Posts Q3 Revenue Of $4.0 Million, Positive Net Income
FULL DISCLOSURE: This is sponsored content for LNG Energy Group. LNG Energy Group (TSXV: LNGE) posted a strong start to its time as a public issuer this morning, reporting net income of $18.5 million in its third quarter financial results. While the results are for the three and nine months ended September 30, LNG Energy […]
TD Bank Sees 57% Decline In Q4 2023 Net Income, Raises Dividend To 6.3%
In the fourth quarter of 2023, TD Bank Group (TSX: TD) witnessed a decline in earnings compared to the previous year. The reported earnings saw a 57% decrease from the same period in the previous year, while adjusted earnings slipped by 14%. “TD delivered strong revenue growth this quarter, reflecting positive underlying business momentum and the benefits […]
Board Member of Trudeau’s $1 Billion Green Slush Fund Resigns Amid Corruption Allegations
The President of the Board of Directors of Sustainable Development Technologies Canada (SDTC), Annette Verschuren, has announced her departure a few days after the disclosure of an investigation by the ethics commissioner. Appointed by the Liberal government in 2019, Verschuren informed Canadian Federal Minister of Innovation, Science, and Industry François-Philippe Champagne of her decision to […]
Charlie Munger, the ‘Architect’ of Berkshire Hathaway, Passes Away at 99
Charles T. Munger, whom the world knew better as Charlie, the quiet foil to Warren E. Buffett in their 58 years of partnership at Berkshire Hathaway, one of the world’s most successful investment firms, has died. It would’ve been his 100th birthday on New Year’s Day. The conglomerate announced his passing in a press release. […]
Forbes Reveals Its Hall of Shame, Names ‘Most Dubious People’ To Make Their Annual 30 Under 30 List
Since Sam Bankman-Fried’s spectacular fall from grace this year, people have been talking more about Forbes’ 30 Under 30 list. The list, considered prestigious but somewhat tainted by the likes of Bankman-Fried and Frank’s Charlie Javice, names 600 of the “brightest young entrepreneurs, leaders, and stars” across 20 categories every year. “While our process correctly […]