Quick Glance: Sean 'Diddy' Combs Steps Down as Chairman of Revolt TV Network
- Combs steps down as chairman of Revolt following sexual assault allegations.
- The decision was made public last week.
- Three women have accused Combs of sexual abuse.
- Ventura filed a lawsuit alleging abuse by Combs.
Quick Glance: Marsha Clark Moore, Editorial Assistant, Dies at 61
- Marsha Clark Moore, editorial assistant and longtime resident of Annapolis, died in early August from complications following a colonoscopy.
- Though Marsha Clark Moore spent most of her time at home, her reputation permeated the city of Annapolis.
- Moore was known by many of her 1,100 Facebook friends, neighborhood kids, and colleagues at The Capital, where she worked as an editorial assistant from the mid-1980s until the mid-1990s, as a friendly jokester with a strong sense of morality and an old school lifestyle.
- She died on August 3 at the age of 61 from complications following a colonoscopy, according to her husband Ronnie Moore.
Quick Glance: HMV Owner Putman Nears Rescue Deal for Majority of Wilko
- HMV owner to rescue majority of Wilko's operations, saving over 8,000 jobs.
- Wilko's administrators consulting major creditors on terms of agreement with Doug Putman.
- Putman intends to acquire over 300 of Wilko's 400 stores, potentially saving 8,000 to 9,000 jobs.
- Deal with Putman could be announced soon, with some remaining uncertainty.
Quick Glance: Coinbase and Galaxy Digital have abandoned Silvergate following a bank warning regarding its viability.
- Coinbase and Galaxy Digital also stated that they had little exposure to Silvergate, which has been thrust into a crisis due to a bank run following the bankruptcy of major crypto exchange FTX in November, which frightened investors.
- Paxos and Circle, both stablecoin issuers, as well as Cboe's digital asset exchange, crypto exchange Gemini, and European crypto exchange Bitstamp, have all stopped their ties with Silvergate.
- "This does not bode well for the whole crypto market, as Silvergate is a major player in the space," said Marcus Sotiriou, analyst at digital asset trader GlobalBlock.
- Silvergate was created in 1988 and entered the cryptocurrency market in 2013.
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