skhoward Kimberly-Clark (KMB) has offered concessions to address European Union antitrust concerns over its $40 billion acquisition of Kenvue (KVUE), Reuters reported on Wednesday, citing a European Commission filing. The European Commission did not disclose details of the proposed remedies, in line Source link
Inside the chain settling $150 billion of stablecoins a week
Tron uses a delegated proof-of-stake (DPoS) consensus mechanism. Under this system, TRX holders stake their tokens to gain voting power and use that power to elect 27 Super Representatives, the validators responsible for producing blocks and maintaining the network. Because block production is concentrated among a limited, elected set of…
Geely unveils faster AI-driven EV charging technology (BYDDF:OTCMKTS)
Alfribeiro/iStock Editorial via Getty Images Geely Automobile Holdings (GELYF) said it had developed an artificial intelligence-driven charging system that can take an electric vehicle battery from 10% to 70% in 4.5 minutes, stepping up competition over charging speeds in China’s EV market, Bloomberg reported on Wednesday. Source link
Astrana stock drops after cyberattack (ASTH:NASDAQ)
Yagi Studio Astrana Health (ASTH) on Wednesday lost more than 7% in premarket trading after becoming the latest U.S. healthcare company to report a data breach following a ‘material’ cybersecurity incident at its subsidiary Astrana Health Management. In a regulatory filing, the Alhambra, California-based Source link
Bitcoin trades near $85,000 ahead of one of deribit’s largest options expiries of the year
Open interest distribution The $70,000 strike has more open contracts than any other, and the calls there are now deep in the money. Strijers said 55% of the $9.4 billion in call bets due for expiry are in the money. Puts, meanwhile, are mostly worthless right now. Put it together,…
2x Avalanche ETF declares monthly distribution of $0.0038
2x Avalanche ETF declares monthly distribution of $0.0038 Source link
Bitcoin slips under $86,000 as money rotates into BCH and ZEC
Bitcoin Cash jumped 28% to nearly $349 over 24 hours, the largest move among sizeable tokens, after CME Group said on Monday it will list Bitcoin Cash and Uniswap futures from Oct. 19. Futures on a regulated U.S. exchange give funds a way to take a position without holding the…
Best Buy, Amazon expand Fire TV deal to add advertising (BBY:NYSE)
BackyardProduction/iStock Editorial via Getty Images Best Buy (BBY) and Amazon (AMZN) are expanding their Fire TV partnership to give brands access to advertising space on Insignia televisions, the companies said on Wednesday. Under the expanded multiyear agreement, Best Buy Ads will offer brands access to Fire Source link
Bitcoin consolidates near $86,000 as rally and bitcoin cash jumps 32%
Bitcoin is consolidating on Wednesday after an explosive breakout on Monday, trading at $86,379 in the European morning, up 0.24% since midnight UTC and 1.3% over 24 hours as daily trading volume dips by 36% to $38 billion. Beneath the surface the rally has narrowed sharply, with 38 of the…
UK watchdog wants Google to offer broader search choices, including AI (GOOG:NASDAQ)
Alena Kravchenko/iStock Editorial via Getty Images Britain’s competition regulator is considering requiring Google (GOOG) to make it easier for users to choose and switch between search services, including through Google’s Chrome browser, as part of efforts to promote competition in online search. The Competition and Markets Source link