The Trend

Tilray Ramps Up Its Cannabis Portfolio In Canada, Wins International Spirits Competition

Jelena Martinovic | June 6, 2024

Tilray Brands, Inc. (NASDAQ:TLRY) (TSX:TLRY) announced on Thursday the launch of ‘Purple Churro,’ by Redecan cannabis. The new sativa offers “a sweet, indulgent experience with a potent twist and boasting THC levels,” the Canadian cannabis giant said in a press release. Purple Churro is a cross of Cinnamon Horchata and Apples & Bananas, featuring a […]

Babylon Raises $70M To Bridge Bitcoin And Ethereum

Murtuza Merchant | May 30, 2024

Babylon, a crypto startup co-founded by Stanford University engineering Professor David Tse, has raised $70 million in its latest funding round. What Happened: The round was led by crypto venture capital firm Paradigm and included investments from Polychain and Bullish Capital, the company announced on Thursday, according to a Bloomberg report. This follows an $18 […]

US Securities Regulator Urges Against Crypto Bill Adoption

Reuters | May 22, 2024

(Reuters) – The U.S. securities regulator on Wednesday urged U.S. lawmakers not to adopt a bill that aims to create a new legal framework for digital currencies, saying it would undermine existing legal precedent and put capital markets at “immeasurable risk.” The U.S. House of Representatives is expected later on Wednesday to take up the […]

Rumble sues Google over digital advertising practices

Reuters | May 14, 2024

WASHINGTON (Reuters) -Video sharing platform Rumble said on Monday it has sued Google, arguing the tech giant has engaged in anticompetitive practices across its digital advertising products and sought damages in excess of $1 billion. The suit alleges Google has monopolized the ad stack “by buying companies up and down the chain, concurrently representing both […]

A Look At Upcoming IPOs For The Week

Benzinga Insights | May 12, 2024

With the start of a new week comes the excitement surrounding a new set of companies looking to make an impact through their public offerings. According to Benzinga Pro, these enticing companies are scheduled to trade publicly this week. JIADE LIMITED (NASDAQ:JDZG) will be trading publicly starting on May 15, 2024. The company’s price band […]

Crypto group with 440,000 members launches PAC to target House, Senate elections

Reuters | May 10, 2024

By Stephanie Kelly NEW YORK (Reuters) – A cryptocurrency nonprofit has launched a new political action committee (PAC) to raise money from its 440,000 members for crypto-friendly politicians, and is endorsing a bipartisan slate of candidates running in the House of Representatives and the Senate. Stand With Crypto’s PAC joins a deep-pocketed effort from the […]

AMD Positions for AI Leadership with Expanded Portfolio, Quadrupled R&D Investment Ahead of Major Computex Announcements

Anusuya Lahiri | May 6, 2024

Advanced Micro Devices, Inc (NASDAQ:AMD) is strategically preparing to address the growing demand for AI computing by leveraging its extensive product range. CTO Mark Papermaster emphasized AMD’s robust portfolio of compute engines, strong relationships with customers across diverse markets, and open software capabilities. He reflected on AMD’s 55-year history, highlighting its shift to a modular IP […]

U.S. Stablecoin Regulation Talks Stall, But Progress Is Near

Murtuza Merchant | May 1, 2024

Efforts to push through U.S. stablecoin legislation by attaching it to an unrelated Federal Aviation Administration reauthorization bill have been halted by legislative leaders. What Happened: The decision to seek a clean bill means the discussion between House Financial Services Committee Chair Patrick McHenry (R-N.C.) and Rep. Maxine Waters (D-Calif.) will revert to direct negotiations […]

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