Category: Uncategorized

Jan 05
Hasbro names Chris Cocks as CEO

Hasbro Inc. HAS, -0.58% said late Wednesday its board appointed Chris Cocks as chief executive and named him as a board member effective Feb. 25. Cocks currently serves as president and chief operating officer Hasbro’s Wizards of the Coast and Digital Gaming division, and replaces Brian Goldner, who died in October. Cocks has served in […]

Jan 05
Blockchain and the metaverse make inroads at Consumer Electronics Show

Samsung will feature its developments in metaverse technology, with several other companies showcasing blockchain, NFT and crypto integrations with the metaverse. 6403 Total views 126 Total shares Blockchain, metaverse and nonfungible token (NFT) technology are set to make a splash at the Consumer Electronics Show (CES) event in Las Vegas this week. The CES is […]

Jan 05
Oil prices settle higher as U.S. crude supplies edge lower, but gasoline stockpiles climb

Oil prices finished with a gain on Wednesday after the Energy Information Administration reported a sixth straight weekly decline in U.S. crude inventories. The EIA report, however, highlighted a sharp decline in oil exports and refined product demand in the U.S., “as the normal seasonal decline in demand during the holiday week was exacerbated by […]

Jan 05
OpenSea raises $300M for encrypted digital marketplace

OpenSea’s market value has now surpassed $13.3 billion following the new cash injection. 2801 Total views 53 Total shares The nonfungible token (NFT) market is gaining momentum as the next frontier in collectibles, gaming and the metaverse.  To accelerate this vision, OpenSea announced on Tuesday that it has secured $300 million in a Series C funding […]

Jan 05
Wells Fargo Chief Risk Officer Amanda Norton retiring this year: Reports

Wells Fargo & Co. WFC, +0.09% Chief Risk Officer Amanda Norton will retire from the bank in June after about four years in the post, according to reports on Tuesday. Norton, 55, joined Wells Fargo in 2018. Wells Fargo plans to name a replacement in the next few weeks, according to reports by The Wall […]

Jan 05
Kevin O’Leary-backed WonderFi to buy Bitbuy parent company for $162M

WonderFi, backed by Canadian billionaire Kevin O’Leary, is looking to increase its footprint in Canada with the acquisition of crypto exchange Bitbuy. 2031 Total views 68 Total shares Kevin O’Leary-backed decentralized finance (DeFi) platform WonderFi Technologies is increasing its footprint in Canada by buying the first regulated crypto exchange in the country.  WonderFi agreed to […]

Jan 05
Oil futures pare gains as U.S. crude stocks decline, but gasoline supplies climb sharply

The Energy Information Administration reported on Wednesday that U.S. crude inventories fell by 2.1 million barrels for the week ended Dec. 31. On average, analysts had forecast a fall of 4.4 million barrels, according to a poll conducted by S&P Global Platts. The American Petroleum Institute on Tuesday reported a 6.4 million-barrel decline, according to […]

Jan 05
Airbnb users want crypto payment options, according to CEO Twitter poll

AirBnB’s CEO suggested that the platform’s possible crypto payment option would not be restricted to one or two digital currencies. 2621 Total views 36 Total shares Airbnb CEO Brian Chesky tweeted a poll on Monday asking his roughly 400,000 followers what they wanted from the rental platform in 2022. Chesky has today revealed that the majority […]

Jan 05
Emerald Holding buys cannabis events company MJBiz

Trade show producer Emerald Holding Inc. EEX, +2.99% has completed a $120 million acquisition of cannabis events and media company MJBiz, the company said on Tuesday. MJBiz runs MJBizCon, a trade show in Las Vegas that drew 27,000 people in October. MJBiz generated $13.7 million in Ebitda and revenue of $27 million in 2021. It […]

Jan 05
Bitcoin reaches for $47K as analysts agree BTC price consolidation cannot last

There will be a breakout up or down within weeks, consensus believes, with targets between $40,000 and $60,000. 2269 Total views 35 Total shares Bitcoin (BTC) recovered from new lows of $45,550 on Jan. 5 as analysts waited patiently for a “squeeze” to trigger fresh volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst weighs […]