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.


Latest News

Stellantis signed a multi-billion-euro framework arrangement with Ayvens to sell 500,000 automobiles in Europe over three years.
This year, the advertising business is Walmart's priority as they sign a billion-dollar deal with Vizio to tap into more audiences.
Warren Buffett-Backed Capital One to Buy Discover Financial in $35 Billion Deal
Warren Buffett-backed Capital One is set to acquire US credit card issuer Discover Financial Services in an all-stock deal valued at $35.3 billion.
Polymetal International Sells Its Russian Assets to Siberian Gold Miner for Nearly $3.7 Billion
Polymetal International announced on Monday that it agreed to sell its Russian assets to a Siberian gold miner for approximately $3.7 billion.
London Stock Exchange Group
The London Stock Exchange Group (LSEG) is considering doubling CEO maximum pay amid concerns on UK firms' US listings and competition from high-paying American tech companies.
OpenAI, Now Valued at $80 Billion, Launches New Text-to-Video Tool Sora
ChatGPT maker OpenAI reportedly reached a valuation of $80 billion or more after completing a business deal to raise more funds.
Donald Trump's Social Media Deal Greenlighted by SEC — And It Could Make Him a Fortune
The US Securities and Exchange Commission (SEC) has given the green light for former President Donald Trump's media and technology firm to merge with the blank-check acquisition company Digital World Acquisition Corp.
Walmart's $2B Vizio Acquisition Plan Could Give It Advantage in Cheap TV Market Competition
Walmart is reportedly planning to acquire Vizio for $2 billion. Here's what it means for the cheap TV market.
internet
Alphabet wants to seek external funding for its GFiber internet connection company to expand to other locations.
Sara Lee Corp. Announces Earnings Dropped Around 25 Percent
After entering voluntary administration last October, Australian dessert maker Sara Lee is now being sold.
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