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Zyn shortages leave some retailers out of stock, while online sellers start rationing to prevent hoarding of the popular tobacco pouches
The scarcity comes after Philip Morris International, which also sells Marlboro cigarettes outside of the US, reported US volume of the nicotine pouches rocketed up 80% in the first quarter. more
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Singapore Airlines dishes out bonuses worth 8 months of salary after 2 years of record profits
Singapore’s national carrier is shrugging off a tough year for the airline industry. more
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The rise of the English major: BlackRock COO wants to recruit liberal arts consultants that 'have nothing to do with finance or technology'
As AI rises, so does the demand for critical thinkers. more
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Crypto Is Getting Political—Ethereum Giant Consensys Wants to Stay Out of It
As other firms spend millions on pro-crypto candidates, Joe Lubin tells Decrypt that Consensys has resisted the impulse. Here's why. more
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A 25-year-old trader at Bank of America dies suddenly, the second death this month of a young employee at the Wall Street giant
Adnan Deumic, a credit portfolio and algorithmic trader, collapsed of a suspected cardiac arrest playing soccer at an industry event and failed to respond to medical treatment including CPR. more
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TikTok’s new update to automatically label AI-generated content
The automatic labeling feature will be available for images and video content, and TikTok plans to roll out the feature for audio-only media in the coming weeks. [...] Read More... The post … more
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Arbitrum DAO Launches M&A Pilot with $3 Billion Treasury
Arbitrum DAO's $3B M&A pilot program, led by Bernard Schmid, seeks to boost DeFi growth and innovation through strategic acquisitions. The post Arbitrum DAO Launches M&A Pilot with $3 Billion … more
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Nigeria demanded $150M bribe from Binance: report
The New York Times reported on the alleged bribe, with Binance CEO Richard Teng finally breaking his silence last week and accusing Nigeria of double standards and deception. [...] Read … more
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US Senate AI Working Group releases roadmap for AI legislation, funding and research
The roadmap included recommendations on regulatory actions and a call for Congress to approve $32 billion in funding for AI research to keep the U.S. ahead of China and other countries. [...] Read … more
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$5.1 Billion Pension Fund CIO Joins Non-profit Organization Focused on Bitcoin Adoption
Ajit Singh joins the Proof of Workforce Foundation's mission of promoting Bitcoin adoption to workforce organizations. more
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Sir Richard Branson—who hates being called a billionaire—sees net worth fall back to 2000 levels
Branson took a $126 million hit to his fortune last year as he continued to fight several fires at his Virgin Group. more
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$1.5T Morgan Stanley is Buying US Spot Bitcoin ETF
$1.5 trillion AUM financial giant Morgan Stanley discloses $270 million investment in spot Bitcoin ETFs, positioning itself among major institutional holders. more
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A deepfake ‘CFO’ tricked the British design firm behind the Sydney Opera House in $25 million fraud
“Our financial stability and business operations were not affected," an Arup spokesperson said. more
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Tether still can’t dodge crime links while rival Circle builds US support
The Public Security Bureau in Chengdu, China, recently announced the disruption of a “huge underground bank” that used Tether’s USDT token as “a medium to provide illegal services to … more
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ETFs and mutual funds will be on blockchain: Franklin Templeton
Franklin Templeton President and CEO Jenny Johnson talked about the benefits of blockchain, where the technology is going, and how her firm is utilizing it. [...] Read More... The post ETFs and … more
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US lawmakers seek to protect homegrown AI technology from rival nations
The proposed bill would give the Commerce Department's Bureau of Industry and Security the authority to use export controls on AI and other national security-related emerging technology. … more
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‘Weekend at Bernie’s’ or ‘One Flew Over the Cuckoo’s Nest’——Anthony Scaramucci breaks down Trump vs. Biden in 2024
A second Trump presidency would mean “an orange wrecking ball for this society,” said the man who lasted 11 days in the White House on Thursday. more
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North Koreans stole Americans' identities and took remote-work tech jobs at Fortune 500 companies, DOJ says
The Justice Department says the conspiracy has affected more than 300 companies — including a high-end retail chain and “premier Silicon Valley technology company” more
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The ultra-exclusive $100 billion club has swelled to an unprecedented 15 members
CEO Elon Musk, 52, has a net worth of $187 billion and ranks the third on the index. more
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Sam Altman, leader of OpenAI and one of Reddit's largest investors, is further aligning his interests with an alliance between the two
Altman, CEO of OpenAI, has a long history with Reddit and briefly served as its interim CEO in 2014. more
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Boeing faces a critical investor vote as it hunts for a new CEO
The choice of CEO Dave Calhoun’s successor is one of the most consequential decisions in years for Boeing directors. more
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Young adults are getting cold feet about their highly anticipated $84 trillion wealth transfer
The Great Wealth Transfer might be less and later than expected. Either way, some young adults say they're not ready for it. more
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Texas Gov. pardons and restores firearm rights to ex-Army officer who shot and killed a protestor
Under Texas law, the governor cannot issue a pardon without a recommendation from the board, which the governor appoints. more
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GameStop Bull Roaring Kitty Is the 'Nihilist’s Warren Buffett', Says Hedge Fund Founder
People tribally follow both Warren Buffet and Roaring Kitty, Stratos founder Rennick Palley says—even though they’re polar opposites. more
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DTCC’s pilot project with Chainlink drives blockchain data to expand fund tokenization
DTCC and Chainlink completed a pilot with major US banks to accelerate fund tokenization using blockchain technology. The post DTCC’s pilot project with Chainlink drives blockchain data to … more
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