Investment Giant Franklin Templeton Building On-Chain Financial Services for Regulated Securities on Solana – The Daily Hodl
Financial services giant Franklin Templeton has announced that it is building a money fund for regulated securities on smart contract platform Solana (SOL). Speaking during a session during the Solana Breakpoint 2024 event, Mike Reed, head of digital asset partnership development at Franklin Templeton, said the investment giant's final step in completing the project is […]
Economist Testifies Internet Giant Charges Up to 27% More for Ads than a ‘Competitive Market’
As Google's second antitrust trial of the year continues, a Boston University economist testified that Google's monopoly on the advertising market allows it to charge advertisers 19 to 27 percent more than would be allowed in a “competitive market.” Marketing Brew Reports The ongoing antitrust trial against Google has highlighted the tech giant's dominant position […]
Food Container Giant Files For Bankruptcy
The Pro Trump News home page features 60 new headlines every 24 hours, click here to see them. Tupperware Brands has filed for bankruptcy. “Over the past several years, our financial condition has been significantly impacted by a challenging macroeconomic environment,” Tupperware's president and CEO said in a statement. Breitbart reported: Food packaging giant Tupperware […]
Internal Documents Show Internet Giant Used Exclusivity Deals to Maintain Ad Empire
Internal Google documents made public during the company's ongoing antitrust trial have laid bare the company's efforts to maintain its dominance in the digital advertising industry through exclusive deals and consolidation of its ad tech business. Marketing Brew Reports On the seventh day of Google's antitrust trial, some internal Google documents were made public that […]
Energy Giant Dumping Key Green Energy Business
European energy company BP has announced plans to sell its U.S. onshore wind business as it aims to focus on its core oil and gas business and improve investor sentiment, the Financial Times reported. BP, along with rival Shell, has been considering scaling back its green activities over the past few years and rejected further […]
Steel Giant May Have To Bail On $500 Million Biden-Harris Admin Green Grant, CEO Says
The Biden-Harris administration awarded the major steelmaker $500 million in environmental protections in March, but the company may be forced to give up the money, its CEO told Politico. Department of Energy (DOE) Announced In March, it was announced that Cleveland-Cliffs had been selected to receive $500 million in funding to help make “green” low-carbon […]
Internet Giant Changed Ad Tools to Favor Itself Knowing Industry Was at Its Mercy
Google knew publishers would be unhappy when it implemented measures in 2019 to prevent them from diverting ad sales to rivals but recognized its control over the digital ad market could stop publishers from fleeing the internet giant's ad market, according to internal documents filed in the company's antitrust trial on Thursday. Royers Reports In […]
‘I set a goal to make her famous’: the baby pygmy hippo who became a giant online | Thailand
A video of a two-month-old pygmy hippopotamus staggering around its enclosure, biting a zookeeper and having water splashed on it has gone viral on the Internet, sparking discussion both in Thailand and abroad. Moodeng has captured hearts across Asia, with cakes made in her image and online fans creating artwork showing off her cartoon-like rosy […]
Bankrupt hospital chain paid private equity giant $700M dividend
The nation's largest private, for-profit hospital chain reportedly paid out $790 million in dividends before filing for bankruptcy a few years later, most of which went to Manhattan-based private equity owners. Steward Healthcare System, a Boston-based network of 30 hospitals that operates in rural and low-income areas, paid Cerberus Capital Management in 2016, the same […]
Second Antitrust Case Against Internet Giant Kicks Off
Google is set to face a major new legal challenge as the Department of Justice's antitrust lawsuit against the company's ad tech practices heads to trial. of The Wall Street Journal Reports Google is facing its second federal antitrust lawsuit in less than a year, with the latest focusing on the company's alleged monopolistic conduct […]