Swan Bitcoin has dismissed its lawsuit against Proton Management and former employees after conceding in UK litigation that it did not own the trade secrets central to its claims. The legal battle arose from a collapsed Bitcoin mining partnership involving Tether-backed 2040 Energy, with Swan managing operations. Proton argued Swan never owned the mining business or intellectual property, leading to the dismissal of the California case. While this ends the current lawsuit, broader disputes over the mining venture and ownership may continue.
The National Advertising Division (NAD) upheld Spectrum's claim that customers can receive free high-speed internet forever by purchasing and maintaining four mobile lines. However, NAD recommended that Spectrum clearly disclose key terms, such as th...
Virgin Galactic's stock jumped from $2.47 to $6.18 in nine trading days, driven by a successful glide test, a court settlement, and analyst support for its 2026 commercial launch. The rally triggered a short squeeze as retail investors piled in, push...
SoftBank CEO Masayoshi Son claims the AI revolution is 50 times bigger than the dot-com boom and views inevitable market corrections as the best investment opportunities. He compares the current AI surge to the early internet era and highlights SoftB...
Micron Technology saw its stock price jump 87.76% in May, marking its best monthly gain since November 1985, driven by strong demand for AI infrastructure and memory products. Despite this historic rally, June has traditionally been a weak month for ...
BW LPG Limited is set to report Q1 2026 earnings with an expected EPS of $1.15 and revenue of $330 million. Despite an 11.3% stock decline recently, the stock remains significantly overvalued at 86.8% above its fair value of $10.49. The company maint...
