Long Time Coming: Much-Delayed Senate Bill Brings A New Dawn To Crypto Industry
A Senate proposal to bring the cryptocurrency industry under federal oversight would be a great victory for the sector, as it would give the Commodity Futures Trading Commission (CFTC) regulatory power over the Securities and Exchange Commission (SEC). Senators Cynthia M. Lummis and Kirsten Gillibrand, the bill sponsors, say the bill is the first serious […]
Sony, KIRKBY Inject $2B Into Epic Games’ Metaverse Development
Epic Games announced Monday it had received a total of $2 billion in investment from a round of funding to advance its vision to “build the metaverse and support its continued growth.” The total investment came from two companies; Sony Group Corporation and KIRKBI with each company injecting $1 billion. The move comes days after […]
WarnerMedia, Discovery Complete Merger, Become Warner Bros Discovery
WarnerMedia unit and Discovery Inc have completed their merger, the companies announced Friday. The resultant company to be named Warner Bros Discovery. The merger closed after nearly a year when the two companies made an initial announcement and plan to form a standalone global entertainment and media business. Warner Bros Discovery stock is set to […]