Amazon buys Hollywood studio MGM for $8.45bn

Amazon MGM

SEATTLE – In a move that will heat up the entertainment industry even further; Amazon.com (AMZN: NASDAQ) has purchased the historic Hollywood studio MGM for a record $8.45bn. This will boost the company’s offerings through a huge back catalogue of movies and shows on Amazon Prime videos and increase competition for streaming service providers such […]

Everybody lies

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The Fintech PM, Episode 1: Swapna Malekar

Fintech PM host Adam Johannsson

Product management and Fintech are two industry hot topics that do not get discussed in the same context often enough (except perhaps by practitioners). It is timely then, that Adam Johannsson, a senior analyst at TD Securities and a Fintech enthusiast created this series. The conversation flows naturally, and Fintech enthusiasts will enjoy the range […]

SpaceX launches rocket in a first of its kind mission

CAPE CANAVERAL – Elon Musk’s SpaceX has sent a fourth manned rocket into space in the pre-dawn hours of Friday; reusing the Crew Dragon spacecraft and Falcon 9 rocket. This is the first time a recycled rocket has been launched into orbit on a crew mission – bringing Musk’s dream of a reusable space program […]

Employees at Medium stall efforts to unionize

Employees at Medium, an American online publishing platform, failed to recognize an internal Union as their representative bargaining unit. The election, initiated by Medium Workers Union through a 3rd party online voting platform, failed to gain the required number of votes, falling short by just one. Although 52% of employees voted in favour of the […]

NFTs: Risks and opportunities beyond the hype

NFT Cover

Christie’s, the historical auction house and a pioneer in the art world made history a few weeks ago by auctioning off artwork for a record US$69 million – making it one of the most expensive works ever sold. The piece entitled “The first 5000 days” created by the contemporary artist Beeple cannot be hung on […]

Jack Dorsey auctions his first-ever tweet

SAN FRANCISCO – Jack Dorsey, CEO of Twitter (NYSE: TWTR) has once again made headlines this Friday, this time for the sale of a digital asset: an ‘NFTweet’. Dorsey tweeted a link to the popular decentralized digital asset sale website Cent.co and his for sale entry featuring his first-ever tweet, dated March 21st, 2006 as […]

Tesla, Visa, Paypal and others embrace Bitcoin

PALO ALTO – Tesla (NASDAQ: TSLA) announced this week that it has invested US$1.5 billion in Bitcoin reserves; triggering its largest price gain. This move makes Tesla the biggest company to back the controversial cryptocurrency to date. The company has also allowed the use of Bitcoin as a form of payment for its electric cars. […]

“I am not a Cat”, says Lawyer to Judge

PRESIDIO – Technology and its use is often a serious topic of discussion, but sometimes, it can also provide a moment of comedic relief – as we continue to fumble our way around the newest devices and the latest features. One such recent meme involved a US lawyer presenting virtually before a judge, and accidentally […]

Wealthsimple allows trading in Reddit fuelled meme stocks

TORONTO – As global low-fee trading platforms such as Robinhood placed restrictions on their users from trading in Reddit fuelled ‘meme’ stocks that caused a market frenzy last week, Wealthsimple refuses to let in under pressure to restrict trade. The Canadian low-fee equivalent continued to allow trades in GME, AMC, and BB among others, albeit […]