News

Oct 04
Latin Grammy Awards signs 3-year contract for award show NFTs

The Latin Grammy Awards is stepping into Web3 through its first NFT collection in collaboration with the OneOf Web3 music platform. 821 Total views 19 Total shares This year’s 64th Latin Grammy Awards will have its first-ever nonfungible token  collection after the Latin Recording Academy signed a three-year contract for award show-related NFTs. The aforementioned […]

Oct 04
SPAC backing Trump’s Truth Social hit by news Musk is again offering to acquire Twitter at original price

Shares of Digital World Acquisition Corp. DWAC, -3.10%, the special-purpose acquisition company, or SPAC, buying the company behind Donald Trump’s Truth Social social-media company, fell 4% Tuesday after news that Elon Musk is now offering to acquire Twitter Inc. TWTR, +12.67% at the original offer price of $54.20 a share. Musk agreed in April to […]

Oct 04
Micron to invest up to $100 billion to build a ‘megafab’ in Clay, New York

Micron Technology Inc. MU, +5.49% announced Tuesday plans to invest up to $100 billion over the next 20 years to build the U.S.’s largest semiconductor fabrication facility in central New York. The memory chip company’s stock surged 4.4% in morning trading, and has run up 10.0% amid a three-day win streak. Micron said the new […]

Oct 04
Ford September sales fall as drop in trucks offsets near tripling in EVs, but stock jumps over 5%

Ford Motor Co. F, +7.02% said Tuesday that September U.S. vehicles sales fell 8.9% from a year ago to 142,644 vehicles, as a big drop in truck sales offset a near tripling in electric vehicle sales. The auto maker’s stock charged up 5.3% in morning trading, after rallying 2.4% on Monday to bounce off Friday’s […]

Oct 04
California congressmen aim to boost fight against illegal pesticide use for unregulated cannabis grows

California members of Congress Scott Peters, a Democrat, and Doug LaMalfa, a Republican, on Monday introduced a bill called the Targeting and Offsetting Existing Illegal Contaminants (TOXIC) Act to combat use of illegal and toxic pesticides by unregulated cannabis growers in the U.S. The measure would authorize $250 million over five years for the U.S. […]

Oct 04
General Motors names ex-Tesla, Lyft exec Jonathan McNeill to its board

General Motors Corp. GM, +7.27% on Tuesday named entrepreneur, venture capitalist and former Tesla Inc. TSLA, +5.68% and Lyft Inc. LYFT, +6.53% executive Jonathan McNeill to its board. “I am excited to help GM unlock the opportunities enabled by its transformative investments in technology,” McNeill said in a statement. McNeill’s lengthy resume includes serving on […]