Atlas Salt Inc. announced a $10 million bought deal private placement, selling 8.33 million common shares at $1.20 each, with an option for underwriters to buy an additional 15%. The funds will support early works, engineering, permitting, and financing efforts for its Great Atlantic Salt Project in Canada. The offering is expected to close around June 11, 2026, pending regulatory approvals. This financing move aims to advance the company’s salt mining project while maintaining its commitment to sustainable practices.
The US Department of Commerce has closed a loophole that allowed advanced AI chips from Nvidia and AMD to be exported to Chinese companies operating outside China, such as in Malaysia. This move strengthens US efforts to restrict China's access to cr...
XRP is transitioning from a theoretical asset to practical use in treasury operations, with firms like Anodos Finance buying, holding, and paying employees in XRP since 2023. This move highlights XRP's growing utility as a cross-chain liquidity asset...
Hyperliquid (HYPE) surged to a new all-time high of $70.36 in May, driven by steady demand and strong accumulation from large investors, or whales. Despite a brief profit-taking pullback to around $68-$69, buyers quickly absorbed the selling pressure...
Apple has postponed the release of its highly anticipated AI smart glasses to late 2027, pushing back from an earlier expected launch in early 2027. The delay is attributed to development challenges, despite strong support from outgoing CEO Tim Cook ...
Berkshire Hathaway has agreed to acquire homebuilder Taylor Morrison Home Corp. in an all-cash deal valued at about $8.5 billion, paying $72.50 per share, a 24% premium over the recent stock price. This acquisition expands Berkshire's housing footpri...
