Epic Fine for Epic Games as Company Agrees to Pay $520 Million to Settle Privacy Claims
Epic Games, the company behind Fortnite, has agreed to pay $520 million to settle FTC allegations that it tricked players into making unintended purchases.
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Activist Investor AB Value Wins Rocky Mountain Chocolate Board Seat (RMCF)
AB Value Management has disclosed ownership of 7.66% of Rocky Mountain Chocolate Factory shares.
Hedge Fund Coliseum Capital Joins Universal Technical Institute’s Shareholder Register With $1.35 Million Buy
Connecticut-based hedge fund Coliseum Capital has revealed that it bought over 216,000 Universal Technical Institute shares.
These Are the 10 Biggest Centralized Exchange (CEX) Cryptocurrencies
Here is a look at the 10 biggest centralized exchange cryptocurrencies.
After a Chaotic Hearing, SBF Confirms Voluntary Extradition Request
Sam Bankman-Fried’s Lawyer Jerone Roberts has confirmed that the former CEO of FTX has agreed to be extradited to the United States.
Did Federal Coronavirus Stimulus Checks Offer Massive Amount of Extra Cash to Households?
Data from the Federal Reserve shows a drastic rise in the aggregate amount of cash that Americans have on hand.
The 9 Countries With Nuclear Weapons, Ranked
Though the Cold War ended in 1989, several countries continue to develop nuclear arms capabilities. Russia is completing a decades-long effort to modernize its nuclear weapons systems, while the United States deployed 8-kiloton nuclear…
Saddest Restaurant Closings of 2022
As if the pandemic wasn’t hard enough on small businesses, the country is now facing an unprecedented labor shortage, with over 10 million job openings and only six million unemployed workers to fill them.…
Netflix Down 2.7% Premarket as Ad-Tier Gets Lukewarm Response
It is estimated that Netflix’s ad-supported tier was its least popular plan in November, when it was launched.
AMC Entertainment Sinks 7.9% on Fourth-Quarter Business Update, Find Out What They Reported Here
Shares of theatre chain operator AMC Entertainment sank following management's fourth-quarter business update to investors.
Altria Sees $483 Million Charge to Abandon Cronos Warrant
Altria, a leading tobacco company active in the cannabis industry, has abandoned its warrant to buy more Cronos shares.
Unusual Options Activity in Maxar Technologies (MAXR) Ahead of $6.4B Buyout
On Friday morning, it was announced that Advent International would acquire Maxar Technologies (US:MAXR) for $6.4 billion in an all-cash deal. Per the agreement, Advent will pay $53 a share in the acquisition and…
Yen Surges 3.3% as Bank of Japan Changes Policy in Surprising Move
The Japanese yen has gained 3.3% against the USD after the Bank of Japan made a surprise decision to adjust its yield curve control program, allowing a benchmark interest rate to rise from 0.25%…
Layoffs at Autonomous Driving Systems Provider TuSimple Compound Troubles
Embattled autonomous truck-driving systems provider TuSimple plans to lay off at least half its workforce.
These Are the 10 Biggest Companies With Under 10% Institutional Ownership
Here is a look at the 10 biggest companies with less than 10% institutional ownership.
By the Numbers: How 2022 Popped the IPO Bubble
Investors who rode the initial public offering (IPO) rocket to the moon over the previous two years likely wound up feeling sore and sorry in 2022. This year finally brought the pandemic-era IPO mania…
These Are the Top 10 Holdings of Bill Nygren
Here is a look at the top 10 holdings of portfolio manager Bill Nygren.
Microsoft Willing to Fight the FTC Over $75B Activision Deal: Report
Microsoft is preparing to challenge the Federal Trade Commission’s decision to block its acquisition of Activision Blizzard.
According to FSOC, ‘Protection Does Not Exist’ for Crypto Investors
Despite numerous regulatory actions, crypto-specific “protection does not exist” for consumers, according to this report.
After Exchange’s $3.1B Collapse, Insurers to Limit Coverage for FTX-Linked Firms
Insurers have started to deny or reduce coverage to clients exposed to FTX, the cryptocurrency exchange that collapsed in November.