Deals
IOTA Foundation's $10 Million Investment Drive: Fueling Digital Trade and Tokenization
The IOTA foundation is investing $10 million in early-stage startups focusing on digital trade and tokenization of real-world assets, fostering innovation within the IOTA ecosystem.
TRVE Brewing Relocates Production Amid Craft Beer Industry Shifts
Denver-based TRVE Brewing has announced the closure of its Acid Temple facility amid industry challenges post-COVID-19 pandemic.
Universal Music Group Announces Job Cuts After TikTok Deal Talks Fail
Universal Music Group (UMG) announced Wednesday that it would reduce its workforce and streamline operations to save €250 million ($27 million) by 2026.
US Regulatory Agency Moves to Block $25 Billion Kroger-Albertsons Supermarket Merger
The US Federal Trade Commission (FTC) sued Kroger and Albertsons to stop their $25 billion merger. The Federal Trade Commission (FTC) of the United States has filed a lawsuit against Kroger and Albertsons, seeking to halt their $25 billion merger.