Business News
Daily Cartoon: Wednesday, May 24th
The New Yorker - 24 May 2023 16:35
"We'll add some words and plot once the writers' strike is over."
Dispelling the finfluencer myth: Be wary of misleading advice
livemint.com - 24 May 2023 20:16
Financial influencers have no special formula to help you make money.Finfluencers grew in popularity during the pandemic when people started working from home. Many mobile apps to buy and sell stocks emerged, making it e...
Gamefam will build immersive world for Cirque du Soleil inside Roblox
Venture Beat - 24 May 2023 17:15
Cirque du Soleil Entertainment Group and Gamefam have teamed up to create an immersive world inside Roblox.
Rapper Fetty Wap Sentenced To 6 Years In Prison For Drug Trafficking
Forbes - 24 May 2023 19:38
The rapper pleaded guilty to trafficking more than 220 pounds of heroin, fentanyl and crack cocaine.
Bitcoin's Declining Correlation With Stocks Revives Its Appeal for Investors: K33 Research
Coin Desk - 24 May 2023 18:57
The correlation of BTC's price with the NASDAQ index has fallen to 17-month lows, making the asset attractive again for portfolio diversification, crypto research firm K33 noted.
How Small Companies Compete with -- and Beat -- Big Ones
Harvard Business Review - 24 May 2023 12:15
Strategy lessons from TaoBao’s defeat of eBay in China.
GamesBeat Summit 2023 unveils Visionary and Up-and-Comer Award winners
Venture Beat - 24 May 2023 16:15
GamesBeat unveiled its 2023 Visionary Awards at the close of the GamesBeat Summit 2023 event in Los Angeles today.
Leslie Barrett Named President of Goodby Silverstein & Partners
AdWeek - 24 May 2023 23:00
Goodby Silverstein & Partners (GS&P) has named managing partner Leslie Barrett as its next president, only the third person to hold the post over the past 30 years. Barrett takes over the role from Derek Robson, a 17-yea...
Tina Turner, rock legend, dies at 83
livemint.com - 24 May 2023 21:21
Tina Turner, the Grammy Award-winning singer who endured an abusive marriage, cancer and a stroke and made it into the Rock & Roll Hall of Fame, has died. She was 83
A Florida parent tried to get Amanda Gorman's inaugural poem banned from school — and confused her with Oprah
Business Insider - 24 May 2023 19:15
Amanda Gorman, who read a poem at Joe Biden's inauguration, says she was "gutted" after sharing the parent's request to have the book censored.
'Chinese Ethereum' Conflux Draws Spotlight as Hong Kong Welcomes Retail Traders
Coin Desk - 24 May 2023 08:43
CFX tokens initially spiked in price after Hong Kong's decision on retail investors, which some say could lure capital from Chinese investors.
Why Bitcoin is stuck below $28,000 resistance
Coin Telegraph - 24 May 2023 14:00
On this week's episode of The Market Report, Cointelegraph's resident expert discusses why Bitcoin's price is stuck near $27,000 and the next price level for the king of cryptocurrencies.
African Fintech M-Kopa Secures $200M in Debt Financing Plus $55M in Equity Funding
Bitcoin.com - 24 May 2023 13:30
Kenya-headquartered African fintech M-Kopa is reported to have secured $200 million in debt financing and an additional $55 million in equity funding. Financial services group Standard Bank Group led the debt financing r...
5 Key Threats AI Poses To Business Owners In 2023 (and How To Survive Them)
Forbes - 24 May 2023 09:15
Business owners are freaking out about artificial intelligence, and you can see why. Here are the 5 key threats AI poses, and how you can stop them ruining your business.
Reuters Says They Stand by Its Reporting On Binance Commingling Customer Funds
Crypto News - 24 May 2023 02:00
Reuters says it stands by its reporting following criticism it received from a Binance executive on its story that said the world's largest crypto exchange commingled customer funds. In a story published on Tuesday, Reut...
Chicago Bears general manager Ryan Poles buys $2M Lincolnshire home
Chicago Tribune - 24 May 2023 00:44
The modern farmhouse-style home sold for above its asking price, likely due to certain upgrades
Putin Wants Limit on Currency Purchases for Russians Dealing With Foreigners
Bitcoin.com - 24 May 2023 00:30
Russian citizens and firms doing business abroad may soon be restricted in the amount of foreign currency they are allowed to acquire, on order from Vladimir Putin. Russia's head of state now wants his government to cap ...
Debt Ceiling Drives Dow to Fourth Session of Losses
Wall Street Journal - 24 May 2023 22:29
A lack of progress in negotiations over the debt ceiling has weighed on U.S. stocks this week.
Crypto Execs Give Washington Influence Another Go With FTX Anchor Around Necks
Coin Desk - 24 May 2023 21:53
When Washington, D.C. lawmakers tune into their favorite Sunday morning political shows this week, they'll also get a dose of crypto messaging, thanks to a Coinbase (COIN) campaign that's part of the next stage in the in...
Black Market for Worldcoin Credentials Pops Up in China
Coin Desk - 24 May 2023 17:23
The startup looking to create a global blockchain-based identification system using iris scans is getting duped by Chinese users.
Target removes some Pride merchandise from stores amid safety concerns for workers
Fast Company - 24 May 2023 17:05
The retail giant has sold items supporting the LGBTQ community for years, and its Pride line has grown each year. Pride month is just around the corner, but instead of taking rainbow totes and tees to the next level, Tar...
Bitcoin dips 5% to key support in 'moment of truth' for crypto market
Coin Telegraph - 24 May 2023 17:00
Both BTC price and the total crypto market cap line up a retest of the 200-week moving average -- a key bear market support line.