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SEC Under Fire for Prolonged Scrutiny of Ethereum as Security
The Securities and Exchange Commission (SEC) has had a complex relationship with Ethereum, one of the leading cryptocurrencies in the market. This dynamic has sparked discussions and controversies, particularly about the classification of Ethereum as a security and the hesitation in approving Ethereum ETFs. Here’s a deeper look into the ongoing scrutiny and the ripple […]
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Yen Traders See Uphill Battle for Japan to Halt Currency’s Slide
Currency traders warned Japan’s government that it will need to repeatedly act to buoy the beleaguered yen given economic forces likely merit further depreciation.
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Paramount CEO Bakish Is Out, Replaced by Trio of Top Executives
Paramount Global replaced Chief Executive Officer Bob Bakish, appointing a management committee as the board negotiates a possible change in control of the company.
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Tapestry-Capri Deal to Face Sept. 9 Court Hearing, Judge Rules
A judge set Sept. 9 as the start date for the court hearing on the US Federal Trade Commission’s bid to block Tapestry Inc.’s attempted takeover of rival Capri Holding Ltd.
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Todd Howard Seemingly Teasing Two Unannounced Fallout Projects
In a new interview, Todd Howard appeared to tease two new Fallout projects while talking about the franchise’s runway to the future. However, plenty of questions remain.
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Can Rabbit’s R1 outsmart the smartphone assistants? Let’s find out!
*Bob Barker voice* Rabbit R1, come on down!
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Dungeons of Hinterberg launches July 18
Single-player action RPG and social simulation game hybrid Dungeons of Hinterberg will launch for Xbox Series and PC via Steam on July 18, publisher Curve Games and developer Microbird announced. I…
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Musk’s Fortune Soars by Most Since Before Twitter Purchase
Elon Musk’s net worth is soaring after it plunged to the lowest level in almost a year.
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Carlyle Picks JPMorgan, Morgan Stanley for IPO or Sale of StandardAero
Carlyle Group Inc. is working with JPMorgan Chase & Co. and Morgan Stanley on options for aircraft maintenance services provider StandardAero, according to people familiar with the matter.
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FDA Once Again Stands Athwart Biomedical Innovation, Yelling ‘Stop!’
As earlier threatened, the Food and Drug Administration (FDA) has just issued new rules that will significantly slow down the development of new diagnostic tests. Specifically, the agency requires that all laboratory-developed tests (LDTs) be submitted to its regulators before the tests can be offered to patients and physicians. As I explained earlier, LDTs are […]
