Electric vehicle startup Canoo has filed suit against one of its largest shareholders, demanding that the firm pay back more than $61 million in “short-swing profits.” The short-swing profit rule states that company insiders, like large shareholders, must return profits realized from buying and selling securities within a period of six months. Canoo alleges that…
Electric vehicle startup Canoo has filed suit against one of its largest shareholders, demanding that the firm pay back more than $61 million in “short-swing profits.” The short-swing profit rule states that company insiders, like large shareholders, must return profits realized from buying and selling securities within a period of six months. Canoo alleges that…
Stablecoins have been a hot topic both on and off Capitol Hill. Earlier today, U.S. Treasury Secretary Janet Yellen pushed for regulation during an annual testimony in front of the Senate Banking Committee, at a time where Terra’s algorithmic stablecoin UST struggles to retain its peg. “New products and technology may present opportunities to promote…
T-Mobile Control Center will give Battle Motors the ability to view and manage the connectivity of their trucks T-Mobile US announced that it has been selected by Battle Motors as the preferred provider of IoT connectivity and management for thousands of new Battle Motors battery electric trucks, the former said in a release. The…
Roku and Warner Bros. Discovery announced today that discovery+ has launched as a Premium Subscription on The Roku Channel. Discovery+ will add its 70,000 episodes of network shows along with over 200 originals, making it the largest mixture of library titles on The Roku Channel. Roku says both the ad-free ($6.99/month) and ad-supported ($4.99/month) versions…
The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) has proposed a penalty of nearly $1 million to Colonial Pipeline for violating federal safety regulations, worsening the impact of the ransomware attack last year. The $986,400 penalty is the result of an inspection conducted by the regulator of the pipeline operator’s control…
The NATO Cooperative Cyber Defence Centre of Excellence (CCDCOE) held a flag-raising ceremony to welcome its latest members. CCDCOE raised the flags of South Korea, Canada, and Luxembourg this week to mark the momentous occasion. Colonel Jaak Tarien, Head of the CCDCOE, said: “It is a great honour to have Canada, Republic of Korea and…
The NATO Cooperative Cyber Defence Centre of Excellence (CCDCOE) held a flag-raising ceremony to welcome its latest members. CCDCOE raised the flags of South Korea, Canada, and Luxembourg this week to mark the momentous occasion. Colonel Jaak Tarien, Head of the CCDCOE, said: “It is a great honour to have Canada, Republic of Korea and…
The NATO Cooperative Cyber Defence Centre of Excellence (CCDCOE) held a flag-raising ceremony to welcome its latest members. CCDCOE raised the flags of South Korea, Canada, and Luxembourg this week to mark the momentous occasion. Colonel Jaak Tarien, Head of the CCDCOE, said: “It is a great honour to have Canada, Republic of Korea and…
We all have heard about the Bipartisan Infrastructure Bill that passed in 2021. Contractors and suppliers at every level are getting ready to bid on and work the large number of projects that are being proposed as funds become available. Major suppliers to the trade are moving to increase their capacity to provide equipment and…
