Business News
AMC stock surges as hedge fund buys -- then sells -- $230M stake
New York Post - 2 Jun 2021 03:02
Suspense, mystery, intrigue -- the latest AMC drama has a plot twist not even the movie theater company saw coming.
Trader Confesses Cryptocurrency Addiction Led to Criminal Charges, Hospital Treatment
Bitcoin.com - 2 Jun 2021 04:00
A British man has shared his story of how his cryptocurrency addiction has led to criminal charges and landed him in a hospital for addiction treatment. He lost more than a million dollars of other people’s money tryin...
Conversational AI startup Cognigy nabs $44M
Venture Beat - 2 Jun 2021 02:39
Cognigy, a platform for designing conversational, AI-powered experiences, raised $44 million in fresh capital.
Dogecoin gets back to pre-crash prices as $16M in DOGE shorts get liquidated
Coin Telegraph - 2 Jun 2021 15:10
The Dogecoin bull run is not over thanks to its Coinbase listing and simultaneous DOGE price rally.
Etsy is buying the fashion resale app Depop for $1.6 billion.
The New York Times - 2 Jun 2021 15:01
The acquisition is the latest to underscore the skyrocketing popularity of secondhand fashion platforms amid the pandemic.
Standard Chartered plans European crypto exchange after HSBC says 'no' to industry
Coin Telegraph - 2 Jun 2021 14:36
A new joint venture with the owner of the first licensed Hong Kong exchange will focus on institutional clients in the U.K. and Europe.
How GNC Tackled a Double Whammy: COVID-19 and its New Website's Shakedown
Retail Touch Points - 2 Jun 2021 14:13
The pandemic put pressure on every retailer's website, but GNC faced a unique obstacle: the company had rolled out a revamped ecommerce site in January 2020, just in time for social distancing and lockdowns to cause a ma...
Dogecoin surges 40% on back of Coinbase Pro listing, Musk tweets
Coin Telegraph - 2 Jun 2021 14:02
The meme coin's renewed surge comes shortly after a listing on Coinbase and renewed meme posting by Elon Musk on Twitter.
Bitcoin Price Volatility Reached Its Highest In A Year During May
Forbes - 2 Jun 2021 14:00Elon Musk Triggers A Surge In 'Baby Shark' Investor's Shares After Tweeting About Viral Song
Forbes - 2 Jun 2021 13:50JBS to reopen most operations after cyberattack shut all its US beef plants
New York Post - 2 Jun 2021 13:48
JBS Foods, the world's largest meat supplier, said it has made "significant progress in resolving the cyberattack" that shutdown all of its US beef plants on Tuesday.
Travelers Stock Is Fairly Priced
Forbes - 2 Jun 2021 13:30Small Businesses Can Now Invest in Crypto Using the Banq App
Crypto News - 2 Jun 2021 13:25
Disclaimer: The text below is a press release that was not written by Cryptonews.com. Today, Las Vegas-based payment app banq, launched the ability to invest in Bitcoin and Ethereum from multiple accounts under one platf...
IT asset management company Lansweeper nabs $158M
Venture Beat - 2 Jun 2021 13:13
IT asset management platform Lansweeper has raised €130 million ($158 million) from venture capital and private equity firm Insight Partners.
Housing boom may be cooling as weekly mortgage demand drops again
CNBC - 2 Jun 2021 13:00
High prices and low supply are finally taking some of the heat out of the housing market, and mortgage demand is following suit.
Crossroads: Where Security And Privacy Regulations Meet Cyber Insurance
Forbes - 2 Jun 2021 13:00At $78, Comerica's Stock Is Quite Expensive
Forbes - 2 Jun 2021 13:00Etsy Snaps Up British Fashion App Depop For $1.6 Billion
Forbes - 2 Jun 2021 12:40Autotrader: The 2021 Acura TLX is better, sportier, and still a deal
Market Watch - 2 Jun 2021 11:05
The luxury sedan is all-new for 2021 with a potent new engine and a full suite of active safety and driver-assistance systems that come standard.
Amazon says it's 'actively supporting' federal marijuana legalization
Business Insider - 2 Jun 2021 04:53The SEC told Tesla twice that Elon Musk's tweets violated court orders requiring preapproval from company lawyers
Business Insider - 2 Jun 2021 03:50
Musk and Tesla have a long history of ignoring attempts by regulators to rein in behavior by the automaker.
JBS USA, world's largest meat supplier, shuts down 9 beef plants after cyberattack; 'vast majority' of plants to open Wednesday
USA Today - 2 Jun 2021 03:32
JBS USA, the world's largest meat supplier, has reportedly shut down all of its nine U.S. beef processing plants in the wake of a cyberattack.