Business News
Fisker Files for Bankruptcy as EV Start-Up's Cash Runs Short
The New York Times - 18 Jun 2024 17:23
The company became the latest electric vehicle start-up to fail to meet investors' expectations after a high-profile public debut.
Amazon fined nearly $6 million for violations at Inland Empire warehouses
L.A. Times - 18 Jun 2024 23:06
California has fined Amazon nearly $6 million for violating a law meant to protect warehouse workers from misuse of production quotas, state officials announced Tuesday.
Yet more EE excuses over payout when our internet went down
The Guardian - 18 Jun 2024 08:00
After a week-long delay to fix the problem, it only offered only £18.66 in compensation Two months ago, our internet went down. EE arranged an engineer appointment with its partner firm Qube within 48 hours, but the vis...
Column: Elon Musk thinks Tesla's investors love him. He's very wrong
L.A. Times - 18 Jun 2024 12:00
Tesla says its shareholders overwhelmingly 'ratified' Elon Musk's absurd 2018 compensation package, but the truth is much different.
7 of the most faked seafoods in the world
Business Insider - 18 Jun 2024 22:45The Power of Storytelling in Women's Sports With State Farm
AdWeek - 18 Jun 2024 23:10
State Farm's long history of championing women's sports goes beyond just advertising. In this episode of Yeah That's Probably an Ad, ADWEEK chief experience officer Jenny Rooney sits down with our 2024 Champion of Change...
Subscription Platform Zuora Acquires AI Firm to Eliminate A/B Testing for Paywalls
AdWeek - 18 Jun 2024 15:00
Subscription technology platform Zuora has acquired artificial intelligence firm Sub(x), the company announced today. According to CEO Tien Tzuo, this tie-up will enable Zuora to use AI to enhance its paywall offering. T...
Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures
Bitcoin.com - 18 Jun 2024 13:30
In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price D...
XRP, LINK, ETH Stand Out Relative to BTC in Sector Rotation Analysis, DOGE Struggles
Coin Desk - 18 Jun 2024 10:00
Fairlead's 12-week relative rotation graph shows signs of green shoots in XRP, LINK, ETH.
Freeaim raises $316K for VR Shoes coming in 2025
Venture Beat - 18 Jun 2024 15:30
Freeaim has raised $316,700 in funding to launch its VR Shoes, or shoes that you can wear in virtual reality games and applications.
IRS to close 'major' tax loophole
New York Post - 18 Jun 2024 20:18
The plan targets so-called "partnership basis shifting," a transaction that allows a business or person to operate through many different legal entities in order to take more deductions and minimize what they owe, accord...
Metroid Prime 4: Beyond releases in 2025
Venture Beat - 18 Jun 2024 16:48
After years of waiting, we finally saw game play of Metroid Prime 4, now subtitled Beyond, during today's Nintendo Direct.
RWA Tokenization Expands to Life Insurance with Infineo Minting $9M of Policies on Provenance Blockchain
Coin Desk - 18 Jun 2024 16:21
This was the first example of transferring tokenized versions of life insurance policies, the company said.
Amazon hit with $5.9 million fine as California says it failed to disclose quotas to workers
Market Watch - 18 Jun 2024 22:13The Kansas City Chiefs want millions in tax incentives so the team can switch states
Business Insider - 18 Jun 2024 21:42Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves
Coin Desk - 18 Jun 2024 18:03
Hashrate for Bitcoin network typically becomes flat or declines during North American summer time, industry experts say.
Why are the feds going after Adobe?
Venture Beat - 18 Jun 2024 17:36
The FTC's investigation uncovered that Adobe's cancellation process is designed to be cumbersome and a deterrent.
Fisker Inc. files for bankruptcy protection amid heavy losses and struggling EV market
L.A. Times - 18 Jun 2024 17:11
Manhattan Beach EV car maker Fisker filed for bankruptcy protection after heavy losses and failing to find a large automaker partner.
How one water-management company is using AI to unlock insights from its 100-year past
Business Insider - 18 Jun 2024 16:48The Legend of Zelda: Echoes of Wisdom announced
Venture Beat - 18 Jun 2024 16:43
Nintendo announced a new top-down Legend of Zelda game starring the Princess herself, called Echoes of Wisdom.
Funko Fusion hits Switch on September 13
Venture Beat - 18 Jun 2024 16:29
Funko Fusion is coming to the Nintendo Switch on September 13, 2024.
Mario & Luigi is back with Brothership
Venture Beat - 18 Jun 2024 16:07
Nintendo started its newest Direct by announcing Mario & Luigi is back with Brothership, launching on November 7 for Switch.