Paramount's board has approved a plan to move the studio out of California if Attorney General Rob Bonta does not agree to settlement talks by October 1 amid an antitrust lawsuit over its $110 billion Warner Bros. acquisition. CEO David Ellison warned that the company could relocate to states like Tennessee or Texas to avoid mounting legal costs and a $7 million daily fee tied to the deal. The move aims to save $500 million annually in taxes and could involve selling studio lots in California, though Paramount intends to keep a creative presence in Hollywood. The dispute escalates as Bonta leads a multi-state lawsuit seeking to block the merger, with no settlement yet in sight.
Coinbase CEO Brian Armstrong predicts Bitcoin may reach $400,000 by 2030, a 420% increase from current levels, based on its four-year cycle pattern and recent market bottom. Key upcoming events like the CLARITY Act vote and the next Bitcoin halving s...
Ripple has upgraded its $1 billion-acquired Ripple Treasury platform by integrating GSmart AI agents to assist with liquidity management, cash flow forecasting, reconciliation, and risk assessment. These AI agents provide recommendations but require ...
Gemfields Group Limited held a commercial-quality emerald auction from August 24 to September 10, 2026, generating $29.6 million in sales. The auction achieved a record average price of $9.72 per carat, up from $7.46 in the previous sale, despite sel...
Pan African Resources has completed a feasibility study for its Soweto Tailings Retreatment project in South Africa, aiming to increase annual gold production at its Mogale complex to around 100,000 ounces. The project involves retreating tailings wi...
Bitget Wallet has become a member of Japan's Blockchain Collaborative Consortium (BCCC), joining over 270 blockchain companies to engage in discussions on self-custody, wallet standards, DeFi regulation, and stablecoins. This move comes as Japan impl...
