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Bumble fumbles anti-celibacy ads, kickstarting social-media debacle
The company apologized and said it would donate its ad space to the National Domestic Violence Hotline. more
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Chinese-backed crypto firm must sell Wyoming land plot and get rid of equipment possibly capable of 'espionage activities,' says President Biden
The government directed the sale of the property within 120 days, and that within 90 days the company remove all structures and equipment on the site. more
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Oregon residents were deprived of rare bourbons, including Pappy Van Winkle's 23-year-old whiskey, by alcohol agency staff
Oregon officials deprived members of the public of the expensive booze, an internal investigation found. more
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Bumble responds to outrage over controversial ads on celibacy
The dating app has made a harsh decision amid backlash over its new billboard ads. more
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Shein vowed in 2022 that it would improve working conditions and hours at suppliers, but a new study claims that nothing has changed
The fast fashion retailer previously said it would invest $15 million to improve worker conditions. more
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Lab-grown red meat for the base: GOP governors have a new culture-war scapegoat
“Florida is fighting back against the global elite's plan to force the world to eat meat grown in a petri dish or bugs to achieve their authoritarian goals,” Florida Gov. Ron DeSantis said, … more
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GM-owned robot taxis will be on the roads again with human safety drivers following a pedestrian-dragging accident and a $1B budget cut
Cruise suspended operations in October when one of its Chevy Bolt autonomous electric vehicles dragged a San Francisco pedestrian roughly 20 feet after a hit-and-run. more
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Sweetgreen beats ‘sad desk salad’ vibes to soar above fast-food competitors. It can thank fancy foods, high prices—and robots
The salad chain's robot-enhanced locations are significantly more profitable than the company average. more
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OpenAI debuts a speedier model for powering ChatGPT and more free features
The updates are supposed to make the chatbot better at handling text, audio and video in real-time. more
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Billionaire Tim Draper Leads $3.5 Million Investment in Bitcoin Lending Protocol
Zest Protocol secures a $3.5M seed round led by Tim Draper to innovate Bitcoin lending using Stacks Nakamoto and sBTC upgrades, boosting the potential of Bitcoin DeFi. The post Billionaire Tim … more
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How tech lost Gen Z
The internet generation should have been clamoring for Silicon Valley but layoffs and economic instability make them turn to the government for recession-proof gigs more
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Bitcoin ETF Bonanza: Largest Holder of BlackRock, Ark Funds Revealed
A little-known hedge fund in Boston has a massive stake in spot Bitcoin ETFs from BlackRock and ARK Invest/21Shares. more
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Swiss bank UBS holds 3,600 shares in BlackRock’s iShares Bitcoin Trust, SEC filings show
UBS Group AG's 13F filing reveals a significant stake in BlackRock's iShares Bitcoin Trust (IBIT), signaling growing institutional interest in crypto. The post Swiss bank UBS holds 3,600 shares in … more
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Bitcoin miner Bitfarms CEO to depart immediately in response to lawsuit
Nicolas Bonta, Bitfarms co-founder and chair, will take over as interim president and CEO after Geoffrey Morphy filed a lawsuit for $27 million in damages against the mining firm. more
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Booking.com’s parent company is officially a gatekeeper, EU monopoly watchdog says
The European Commission is classing the hotel reservation site as a “core platform service” under the EU's Digital Markets Act. more
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SEC’s Gary Gensler embracing role as the man ‘crypto’ loves to hate
'Crypto' operators are increasingly convinced that they're in a war for survival against the U.S. SEC and its efforts to rein in the sector's excesses. [...] Read More... The post SEC’s Gary … more
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Head of Transparency Thailand Foundation supports the Thai government in reforming the justice system and regulatory guillotine to completely eradicate corruption
BANGKOK, THAILAND - Media OutReach Newswire - 13 May 2024 - The Head of Transparency Thailand Foundation (TTF) points out Thailand must reform the justice system and improve outdated or obstructive … more
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Nevada’s biggest labor union calls off 48-hour strike on Virgin Hotels Las Vegas with 5-year contract deal in sight
Over 700 workers with Culinary Union Local 226 were off the job at the 1,500-room hotel-casino near the Las Vegas Strip from Friday morning to Sunday morning. more
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Tether Responds to Ripple: A Defense of Transparency and Compliance
Paolo Ardoino of Tether publicly challenges Ripple's Brad Garlinghouse, accusing him of spreading FUD amid Ripple's entry into the stablecoin market, highlighting intense competition and regulatory … more
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El Salvador Launches Website to Track $360M Bitcoin Treasury
El Salvador recently partnered with Mempool to launch a real-time website to track their nation’s Bitcoin treasury of $360 million. more
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SEC Filing Hits Back at Coinbase 'Power Grab' Accusations
In a court filing, the SEC argued that Coinbase can't demand that the regulator write new rules for crypto "from the ground up." more
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Gordon Ramsay spends extra $7.6 million on staff as restaurant empire losses triple
Ramsay forked out millions on restaurant openings, but says he hasn't seen the restaurant industry so vibrant in 26 years. more
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France bags $16 billion investment boost from Microsoft, Pfizer and others as President Emmanuel Macron lures new business
France usually receives among the highest inward FDI in Europe, but even so $16 billion is a lot to announce on one day. more
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Ex-Peloton director says disclosing pregnancy hit job prospects: ‘100% of the companies I told went from scheduling interviews to declining to bring me in for a final round’
Kate Winick was reassured that "companies just want to hire the right people" after being laid off from her director role at Peleton last year while pregnant—she's still job hunting. more
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Middle Eastern central banks eye CBDC for cross-border payments
At a recent World Economic Forum event, central bankers from Bahrain and Saudi Arabia discussed CBDC opportunities, from cross-border payments to interest rate moderation. [...] Read … more
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