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Booking.com’s parent company is officially a gatekeeper, EU monopoly watchdog says
The European Commission is classing the hotel reservation site as a “core platform service” under the EU's Digital Markets Act. more
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SEC’s Gary Gensler embracing role as the man ‘crypto’ loves to hate
'Crypto' operators are increasingly convinced that they're in a war for survival against the U.S. SEC and its efforts to rein in the sector's excesses. [...] Read More... The post SEC’s Gary … more
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Head of Transparency Thailand Foundation supports the Thai government in reforming the justice system and regulatory guillotine to completely eradicate corruption
BANGKOK, THAILAND - Media OutReach Newswire - 13 May 2024 - The Head of Transparency Thailand Foundation (TTF) points out Thailand must reform the justice system and improve outdated or obstructive … more
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Nevada’s biggest labor union calls off 48-hour strike on Virgin Hotels Las Vegas with 5-year contract deal in sight
Over 700 workers with Culinary Union Local 226 were off the job at the 1,500-room hotel-casino near the Las Vegas Strip from Friday morning to Sunday morning. more
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Tether Responds to Ripple: A Defense of Transparency and Compliance
Paolo Ardoino of Tether publicly challenges Ripple's Brad Garlinghouse, accusing him of spreading FUD amid Ripple's entry into the stablecoin market, highlighting intense competition and regulatory … more
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El Salvador Launches Website to Track $360M Bitcoin Treasury
El Salvador recently partnered with Mempool to launch a real-time website to track their nation’s Bitcoin treasury of $360 million. more
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SEC Filing Hits Back at Coinbase 'Power Grab' Accusations
In a court filing, the SEC argued that Coinbase can't demand that the regulator write new rules for crypto "from the ground up." more
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Gordon Ramsay spends extra $7.6 million on staff as restaurant empire losses triple
Ramsay forked out millions on restaurant openings, but says he hasn't seen the restaurant industry so vibrant in 26 years. more
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France bags $16 billion investment boost from Microsoft, Pfizer and others as President Emmanuel Macron lures new business
France usually receives among the highest inward FDI in Europe, but even so $16 billion is a lot to announce on one day. more
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Ex-Peloton director says disclosing pregnancy hit job prospects: ‘100% of the companies I told went from scheduling interviews to declining to bring me in for a final round’
Kate Winick was reassured that "companies just want to hire the right people" after being laid off from her director role at Peleton last year while pregnant—she's still job hunting. more
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Middle Eastern central banks eye CBDC for cross-border payments
At a recent World Economic Forum event, central bankers from Bahrain and Saudi Arabia discussed CBDC opportunities, from cross-border payments to interest rate moderation. [...] Read … more
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Buy food, not hype: BSV’s real-world utility over super apps
The power of BSV lies not in its potential but in its current ability to enable transactions that are essential for survival, such as buying food affordably and efficiently. [...] Read … more
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CFTC proposes heightened penalties for AI misuse in financial markets
Commissioner Kristin Johnson also proposed the creation of a task force on AI fraud as the Commodity Futures Trading Commission announced Ted Kaouk as its first-ever Chief AI Officer. [...] Read … more
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Workers at the first Apple Store to unionize just voted for the first strike against the iPhone maker’s retail business
No date was set for the strike. The vote followed what the union called “over a year of negotiations with Apple management that yielded unsatisfactory outcomes.” more
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Meet the 81-year-old CEO who built a $10.4 billion luxury cruise line tailored just for baby boomers: ‘They’re the richest group we have around’
Torstein Hagen, who founded Viking 27 years ago, said he owes the company’s success in part to its “cookie cutter” philosophy. more
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A study found corporate recruiters have a bias against ex-entrepreneurs. They get stereotyped as not wanting to ‘be a small piece of the puzzle.'
In what’s referred to as the “entrepreneurship penalty,” former founders are much less likely to get a job interview. more
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Microsoft eyes new in-house AI model to match rivals
Rumored with as much as 500 billion parameters, Microsoft's new in-house AI model could rival open-source models developed by Google and OpenAI, with the firm looking to release more soon. … more
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UAE: Liv Digital Bank enters tokenization deal targeting Gen Zs
Liv Digital Bank partners with Ctrl Alt to explore tokenized real-world asset investing opportunities in response to the growing demand for alternative financial assets among the younger generation. … more
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Trump is fighting an audit that could cost him over $100 million because he claimed 2 tax breaks for the same Chicago building
A massive trove of tax information obtained by ProPublica, covering thousands of America’s wealthiest individuals, reveals what’s inside the billionaires’ bag of tricks. more
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Target is selling a Black History Month quilt ‘inspired by’ designs from 5 women descended from enslaved people. It’s not clear how much money they got
Five quilters at Gee's Bend reaped limited financial benefits from the collection, which sold out in many stores. more
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50-year-old Mercedes worker in Alabama on voting to unionize: ‘Not falling for the lies anymore’
“Mercedes claims that we’re a family, one team, one fight. But over the years, I’ve learned one thing: This is not how I treat my family,” Brett Garrard says. more
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The cost-of-living crisis is so bleak that some Gen Zers genuinely fear becoming homeless
A new study from fintech Acorns finds almost one in four Americans are concerned their dire financial outlook could lead to homelessness. more
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Forget airline miles—Gen Z and millennials are obsessed with nicotine pouch Zyn's lucrative rewards program, which includes $400 Apple watches and $600 Dyson AirWraps
One woman was annoyed at her husband’s Zyn habit, but the rewards made her feel “like a kid in an arcade” more
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German state-owned bank KfW to issue its first blockchain-based bond
KfW has been on a digitalization journey, and the digital currency securities bond is its latest venture, with DZ Bank’s Union Investment as the anchor investor. [...] Read More... The post … more
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India’s Blockchain for Impact signs pact with UNICEF for robust public healthcare
Under the $2.1 million partnership, UNICEF and BFI will work on two projects—to build capacity for solving public health challenges and to boost state and ground partner capacity. [...] Read … more
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