Shares of Nvidia Corp. were tumbling more than 5% in morning trading Monday after the semiconductor company disclosed that it expects to fall well short of revenue expectations for its latest quarter,...
Tag: Company
Crypto market bears company above $1 trillion as bitcoin gains intimidated
The crypto market is not on the road to recovery even now. The ability of Bitcoin to break free from $20,000 was contributory to the normal market. In July, after marshaling, the crypto industry recei...
The Boring Company (Owned by Elon Musk) Will Accept Doge Payments
The Boring Company – an enterprise owned by Elon Musk that provides tunnel construction services to clients – has announced it is permitting customers to pay with Dogecoin. Elon Musk Company Will Acce...
Extortionists Blackmail Singapore-Based Blockchain Company
While most focus with regards to criminal activity in the crypto world remains on its use in illicit trafficking and money laundering, there is another issue that goes largely unnoticed: attacks on le...
Bitcoin Pioneer Jeff Garzik Launches Web3 Production Company
Jeff Garzik, a key developer of the Linux operating system and Bitcoin Core project, announced the launch of NextCypher Productions on Tuesday. The independent entertainment company aims to use Web3 t...
CEO of Bankrupt Voyager Sold $30M in Company Shares Near Stock’s Peak in 2021: CNBC
Steve Ehrlich, CEO of now-bankrupt crypto broker Voyager Digital, sold more than $30 million in company shares in 2021, according to a CNBC analysis of Canadian Securities Exchange filings. After list...
Ice Cream Brand Emack & Bolio’s Team Ups With Cannabis Company MariMed To Launch THC Ice Cream
Happy woman holding waffle cone filled with cannabis buds getty Want to chill out during the hottest month of the year? How about sampling Emack & Bolio’s new cannabis-infused ice cream? Tha...
Pat McAfee Teams Up With Peyton Manning’s Company For ESPN College Football Broadcasts
Topline Retired NFL punter and surprise star podcaster Pat McAfee announced Thursday he will team up with Hall of Fame quarterback Peyton Manning to deliver alternative college football broadcasts for...
Robinhood Q2 revenues tick up slightly as company starts fresh round of layoffs
The bad news from Robinhood kept coming today. First, the New York Department of Financial Services hit the company with a $30 million fine, followed by the company’s CEO announcing layoffs for ...
TRM Labs Company Intelligence
August 2, 2022, 1:41PM EDT • 23 min read Quick Take Founded in 2018, TRM Labs is a blockchain intelligence company that provides various compliance and forensics services for public and private sector...
Sandy Hook Families Accuse Alex Jones of Diverting Funds From Infowars Parent Company
Families of Sandy Hook victims who are suing Alex Jones for defamation accused the conspiracy theorist of siphoning significant amounts of money from Infowars’ parent company before he put the busines...
Southwest Gas stock sinks after decision to not sell the company
Shares of Southwest Gas Holdings Inc. SWX, -13.50% sank 8.4% in premarket trading Wednesday, after the Nevada-based gas and electric utility determined that the best way to maximize shareholder value ...
Bill Ackman says Visa ‘tomorrow could shut down MindGeek,’ Pornhub’s parent company that’s facing a lawsuit for profiting off child pornography
Billionaire hedge fund manager Bill Ackman claimed Tuesday that Visa continues to process payments for Pornhub’s parent company, despite reportedly knowing it’s “littered” with child pornography...
KKR Sells Minnesota Company And Blue-Collar Workers Get A Piece Of The Pie In Employee-Ownership Program
Marv Dupre, shift supervisor at Minnesota Rubber and Plastics’ Litchfield, Minnesota, plant, high-fives as he learns what the sale means for him. Courtesy of KKR P rivate-equity giant KKR made a...
Michael Saylor steps down as MicroStrategy CEO, company takes $917 million charge on bitcoin
MicroStrategy (MSTR) announced on Tuesday its founder and CEO Michael Saylor will step down from the top job and take a new post as executive chairman, focused on the company’s bitcoin strategy....
Molson Coors stock falls, company cites split in beer spending
A bottle of Molson Coors Brewing Co. Blue Moon brand beer Tiffany Hagler-Geard | Bloomberg | Getty Images Molson Coors Beverage is seeing a split emerge among its customers as inflation hits their wal...
Blockchain cloud infrastructure company W3BCloud to go public via $1.25B SPAC
On Monday, W3BCloud, a firm building global data centers for the Web3 and blockchain sectors, announced that it was going public via a takeover by special purpose acquisition vehicle (SPAC) Social Lev...
London-Based Payment Company Adds Support for Ripple (XRP)
– Advertisement – Mercuryo, a global payment network, is the latest fintech company to add support for Ripple (XRP). According to a recent announcement, XRP was integrated into the Mercur...
Nikola snags battery production company
On August 1, Nikola Corporation (NASDAQ: NKLA) and Romeo Power Inc. (NYSE: RMO) announced that they had finalized an agreement, in which Nikola will acquire Romeo. While Nikola touts itself as the lea...
Alex Jones Puts Infowars’ Parent Company Into Bankruptcy During Texas Defamation Trial
Alex Jones put the company behind his Infowars conspiracy site into bankruptcy on Friday as the broadcast host stands trial in Texas to determine how much he owes the families of Sandy Hook victims fo...
Visa ‘Intended to Help’ Pornhub and Its Parent Company Monetize Child Porn, Judge Finds in Allowing Case to Move Forward
In a setback for Visa in a case alleging the payment processor is liable for the distribution of child pornography on Pornhub and other sites operated by parent company MindGeek, a federal judge ruled...
Crypto company failures not covered by federal insurance, FDIC says
Federal Deposit Insurance Corporation (FDIC) protection does not apply to crypto company failures, according to a new fact sheet released by the agency on Friday. “Some crypto companies have misrepres...
Commentary on Robinhood’s Q2’22 Earnings
August 4, 2022, 11:45AM EDT • 6 min read Quick Take Vlad Tenev, Robinhood Co-founder & CEO, affirms no desire to sell the business Announced ~23% headcount reduction amidst declining share price a...