Chinese authorities are looking at an unconventional way to fill up their coffers: data monetization. https://www.wsj.com/articles/chinese-cities-eyes-data-assets-as-fiscal-woes-bite-66ed0b91
Hackers allegedly stole personal details of more than half a billion Ticketmaster customers. https://ift.tt/iZK4fLO May 30, 2024 at 12:45PM
The NFL Players Association is working on a proposal to the league that would fundamentally change how and when the league’s teams prepare players for the coming season. And that change could happen as early as next offseason if adopted by the league. The players’ union is finalizing the proposal that would eliminate on-field work…
TLDR Vanguard has confirmed that it will not offer spot Ethereum ETFs on its platform, despite the SEC’s approval of such products. The firm maintains its stance that cryptocurrency products do not align with its focus on traditional asset classes like equities, bonds, and cash for long-term investment portfolios. Bloomberg ETF analyst Eric Balchunas criticized…
BlackRock has submitted a revised registration statement for its proposed spot Ethereum ETF. The updated S-1 filing also included details about the company’s seed capital investor. Now, analysts suggest that U.S. spot Ether exchange-traded funds (ETFs) could launch by late June. BlackRock Reveals Seed Capital Investor Information The world’s largest asset manager submitted an amended…
Hippocrates Opportunities Fund seeks up to $30 million to invest in private, publicly traded companies. https://www.wsj.com/articles/investment-banker-physician-team-up-to-launch-life-sciences-venture-fund-8567c6c2
Chinese authorities will impose export controls on technology, software and equipment used in aviation, the country’s latest move to enhance national security. https://www.wsj.com/articles/china-to-impose-export-controls-on-aviation-equipment-technology-29ac9d56
L’Oreal says it is working with start-ups and research institutions to develop bioprinted skin that can actually “feel.” https://www.cnbc.com/2024/05/30/loreal-says-its-working-on-a-form-of-bioprinted-skin-that-can-feel.html
Switzerland’s proposal to significantly increase capital requirements for UBS Group AG will be counterproductive for the bank’s stability and the country’s interests, according to a major activist investor in the bank. from Bloomberg Markets https://ift.tt/m4h1BYn
India’s former Prime Minister Manmohan Singh criticized Narendra Modi’s comments on the election campaign trail as divisive and urged voters to cast their ballots against his “despotic regime.” from Bloomberg Politics https://ift.tt/v2kgrjy