These 2 college friends pawned watches and cars to fund their cannabis startup—it could bring in $400 million this year
cnbc.com/2022/08/10/jeeter-pre-rolled-cannabis-startup-eyeing-billion-dollar-revenue.html
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| Last Updated | Oct 07 22 |
| Total Articles | 7 |
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Meta's AI annoys, Microsoft and Amazon under scrutiny, banks go all-in: AI news roundup
qz.com/ai-news-meta-microsoft-amazon-nvidia-banks-sam-altman-1851436206
AI unicorn Synthesia launches most 'emotionally expressive' avatars on the market
thenextweb.com/news/synthesia-unveils-expressive-avatars-ai
Exclusive: VC firm Redesign Health looks to raise $250 million: Health startup investor and accelerator Redesign Health is targeting a fresh $250 million raise ...
businessinsider.com/exclusive-vc-firm-redesign-health-raise-250-million-2024-4
Moment police swoop on 'drug dealers' as they queued at McDonald's drive-thru: Dramatic body-cam footage shows the moment police swooped at a McDonald's ...
birminghammail.co.uk/news/midlands-news/moment-police-swoop-suspected-drug-29063770
New horror movie featuring Midnight Mass, Scream, and Fear the Walking Dead stars teases a bloody, cannabis-themed nightmare in first trailer
gamesradar.com/trim-season-trailer-horror-movie-scream-bex-taylor-klaus-sick-bethlehem-million/
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
omaha.com/news/nation-world/marijuana-legalization-us-drug-war-blacks-minorities-social-equity-enforcement/article_f880fcae-75bf-5ae9-9894-f04981256b45.html
This Swedish startup made the tech behind the world’s first solar-powered headphones – here’s how it works
techradar.com/audio/this-swedish-startup-made-the-tech-behind-the-worlds-first-solar-powered-headphones-heres-how-it-works
New national fleet manager appointed for SEAT and CUPRA UK: Martin Gray has been appointed national fleet manager for SEAT and CUPRA UK. He will oversee a team ...
motortrader.com/motor-trader-news/automotive-news/new-national-fleet-manager-appointed-seat-cupra-uk-26-04-2024
Equities platform Midas raises $45M Series A as fintech retains its sparkle in Turkey
techcrunch.com/2024/04/19/equities-platform-midas-raises-45m-series-a-as-fintech-retains-its-sparkle-in-turkey/
Quick Glance: Midas Raises $45M in Series A Funding
- A fintech startup called Midas has successfully raised $45 million in a funding round led by Portage Ventures of Canada. This enables investors in Turkey to invest in US and Turkish equities.
- With over 2 million users in Turkey's retail market, Midas offers lower transaction and commission fees for Turkish customers. Additionally, the company provides financial content, real-time stock market data and news, as well as company profiles to educate the market.
- The new funding is intended to introduce three new products: cryptocurrency trading, mutual funds, and savings accounts. Midas plans to expand beyond Turkey and target countries in the MENA region.
- Other participants in the round included International Finance Corporation, Spark Capital, Earlybird Digital East Fund, and Revo Capital. Previously, Midas had already completed a $11 million seed round in 2022 and aims to strengthen its presence in the Turkish financial sector.
Supermarket of the Year 2024 - The winners have been decided!: In a brilliant finale, the LP won the “Supermarket of the Year” event at the leading industry ...
lebensmittelpraxis.de/handel-aktuell/39950-supermarkt-des-jahres-2024-die-sieger-stehen-fest.html
Walgreens embarks on another round of layoffs: The Deerfield-based company has been cutting jobs every few months over the last year.
chicagotribune.com/2024/04/16/walgreens-layoffs/
No weed, just beer: Bavaria bans smoking cannabis at Oktoberfest and beer gardens
apnews.com/article/germany-bavaria-cannabis-oktoberfest-620c0e8c2db854258ee95a812bcc55a3
Firebrand ex-Arm China CEO founds RISC-V processor startup: Allen Wu, former CEO of Arm China, founds RISC-V technology startup, set to rival Arm.
tomshardware.com/pc-components/cpus/firebrand-ex-arm-china-ceo-founds-risc-v-processor-startup
Sterling wavers as markets gauge reported Israeli attack on Iran: The pound was little changed on Friday after falling to a five-month low against the dollar in ...
reuters.com/markets/currencies/sterling-wavers-markets-gauge-reported-israeli-attack-iran-2024-04-19/
GM and Ford count on gas-powered trucks as EV growth slows: U.S. automakers General Motors and Ford face a challenge in common when they report first-quarter ...
reuters.com/business/autos-transportation/gm-ford-count-gas-powered-trucks-ev-growth-slows-2024-04-19/
‘Blowout’ US retail sales shake bond and currency markets: Government debt sells off and dollar gains as latest sign of hot economy cools hopes of interest rate ...
ft.com/content/c2879370-192c-438b-ba01-7a99788f459a
Kia UK hosts dealers at its new Kia Academy in Derby: Kia UK hosted an event at its new Kia Academy in Derby on 16 April which saw dealers including Acorn Motor ...
motortrader.com/motor-trader-news/automotive-news/kia-uk-dealers-reflect-equity-diversity-inclusion-18-04-2024
Commentary: Bought the wrong trousers? More retailers don't want you to return them
channelnewsasia.com/commentary/us-online-retail-return-policy-refund-waste-transport-4285776
US retail sales beat expectations, boost first-quarter growth estimates: U.S. retail sales increased more than expected in March amid a surge in receipts at ...
reuters.com/markets/us/us-retail-sales-beat-expectations-march-2024-04-15/
Eliza Hittman Sets Fourth Feature with MOTHERLOVE: Emerging as one of the great directors of the sensitives and complexities of youth with her three features ...
thefilmstage.com/eliza-hittman-sets-fourth-feature-with-motherlove/
UK retail sales stagnate despite easing inflation: British retail sales stagnated in March despite high inflation easing recently, representing the first time ...
reuters.com/world/uk/uk-retail-stagnated-again-march-ons-says-2024-04-19/
Westfield operator to waive a week's rent for tenants after attack: Normal trade will resume tomorrow, while doors will open for a "day of reflection" ...
9news.com.au/national/bondi-stabbing-spree-westfield-to-reopen-day-of-reflection/2162ffa5-cb3f-4ca5-8323-af44aac02dd9
Fetterman, Warren lead Democrats in urging DEA to ‘swiftly’ take marijuana off Schedule I
thehill.com/policy/healthcare/4621316-fetterman-warren-democrats-dea-marijuana-scheduling/
Tesco accused of undercutting local shops via its wholesale business: Independent shopkeepers say prices they pay at supermarket’s cash-and-carry arm Booker are ...
theguardian.com/business/2024/apr/22/tesco-accused-of-undercutting-local-shops-via-its-wholesale-business
TJ Maxx applicant in disbelief after learning of $12 minimum wage: 'Not taking that f--king job'
nypost.com/2024/04/16/lifestyle/job-applicant-refuses-tj-maxx-post-after-learning-of-12-an-hour-pay-not-taking-that-f-king-job/
Hedin hits the acquisition trail in Europe: Hedin Mobility, the Swedish company headed by Anders Hedin (pictured), has expanded again with the purchase through a ...
motortrader.com/motor-trader-news/automotive-news/hedin-hits-acquisition-trail-europe-19-04-2024
China GDP rises 5.3%, but it doesn't mean the economic pain is over: March retail sales and industrial output fell short of forecasts. First-quarter new home ...
businessinsider.com/china-economy-first-quarter-gdp-growth-but-pain-not-over-2024-4
Dollar rises to 5-month high, puts heat on yen; GDP data boosts yuan
reuters.com/markets/currencies/dollar-firms-after-hot-retail-sales-yen-languishes-china-data-awaited-2024-04-16/
Retail warns of ghost towns: 5000 store closures threatened in 2025 alone: It's not just the Galeria insolvency that is increasing uncertainty in the retail ...
n-tv.de/wirtschaft/5000-Geschaeftsschliessungen-drohen-allein-2025-article24895286.html
Thailand's Central buys German luxury retail property KaDeWe
reuters.com/markets/deals/thailands-central-group-buys-kadewe-property-say-industry-sources-2024-04-12/
WhoCanFixMyCar appoints new hires to senior leadership team: WhoCanFixMyCar has appointed two new hires to its Senior Leadership team. Craig Livings joins as ...
motortrader.com/motor-trader-news/automotive-news/whocanfixmycar-appoints-new-hires-senior-leadership-team-18-04-2024
Evercore consumer dealmaker Taetle is leaving the bank, sources say: Adam Taetle, a senior managing director at Evercore who advised on several transactions in ...
reuters.com/business/finance/evercore-consumer-dealmaker-taetle-is-leaving-bank-sources-say-2024-04-19/
Volvo Cars core operating profits rise in first quarter on higher retail sales: Swedish automaker Volvo Cars on Wednesday reported an uptick in first-quarter ...
cnbc.com/2024/04/24/volvo-cars-core-operating-profits-rise-in-first-quarter-on-higher-retail-sales.html
Nike CEO says focus on its own website and stores went too far as it embraces wholesale retailers again
cnbc.com/2024/04/12/nike-ceo-acknowledges-it-went-too-far-in-direct-push.html
Quick Glance: Nike CEO Acknowledges Shift from Direct Sales Focus
- Nike CEO John Donahoe acknowledged that the company deviated too far from wholesale partners like Macy's and DSW in its pursuit of primarily selling products through its own stores and website.
- Over recent years, Nike has actively worked on restructuring its business model. Initially focused on selling sneakers and clothing in department stores and specialty shops, the brand now generates the majority of its revenue through direct-to-consumer sales.
- This transition enabled Nike to significantly increase revenue and enhance customer insights through data analysis. Donahoe stated that Nike has tripled its mobile and digital business in the past four years.
- Some analysts view Nike's avoidance of wholesale partners as a misstep that hindered the company's progress in innovation and product development.
British retail sales stagnate as shoppers cut back on groceries: Economists had expected 0.3% growth in March
ft.com/content/d9995f34-4f7e-4ed1-a157-19ed9601d41a
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Peter Waddell to 'take big fight with Freshstream to High Court': Peter Waddell, founder of Big Motoring World has vowed to take legal action against ...
motortrader.com/motor-trader-news/automotive-news/peter-waddell-take-big-fight-freshstream-high-court-15-04-2024
A Day in the Life of a Walmart Manager Who Makes $240,000 a Year: Nichole Hart walks 20,000 steps as she searches for super glue, encounters a disappointed Snoop ...
wsj.com/business/retail/a-day-in-the-life-of-a-walmart-manager-who-makes-240-000-a-year-3248037f
Supermarket of the Year 2024 - Nominees in the category chain stores up to 3,000 sqm
lebensmittelpraxis.de/zentrale-management/39883-supermarkt-des-jahres-2024-nominierte-in-der-kategorie-filialisten-bis-3-000-qm.html
Why does smoking pot give you the munchies?: The “marijuana munchies,” or the desire for salty, sweet or fatty carb-rich foods when using weed ...
cnn.com/2024/04/20/health/munchies-weed-hungry-high-wellness/
Fetterman slams ‘stupidity’ of not legalizing marijuana in Pennsylvania: Sen. John Fetterman (D-Pa.) slammed the “stupidity” of not legalizing marijuana in ...
thehill.com/homenews/senate/4608907-fetterman-slams-stupidity-of-not-legalizing-marijuana-in-pennsylvania/
Home Bargains to open new site in Colchester at old B&Q site: Popular store Home Bargains is preparing to launch what will be its biggest site in Colchester ...
gazette-news.co.uk/news/24269913.home-bargains-open-new-site-colchester-old-b-q-site/
L.L.Bean announces layoffs, reduced call center hours due to online shopping surge
nypost.com/2024/04/17/business/ll-bean-announces-layoffs-reduced-call-center-hours/
Star Tribune adds Kavita Kumar, Melissa Wind to news organization's leadership: Kumar is the news organization's new community engagement director ...
startribune.com/star-tribune-adds-kavita-kumar-melissa-wind-to-news-organizations-leadership/600361574/
Target has launched its new paid membership program as part of Circle Week: Target 360 Circle will be priced at $49 through May 18
qz.com/target-circle-week-amazon-walmart-discount-retailer-1851394907
Germany: Thousands celebrate new cannabis law in Berlin: Bands played as revelers gathered at the Brandenburg Gate for a legal cannabis "Smoke-In" on ...
dw.com/en/germany-thousands-celebrate-new-cannabis-law-in-berlin/a-68879921
Avallon Mayor Jamilah Habsaoui detained after 70kg of cannabis found in home: Police say they discovered 1kg of cocaine and gold bars at the property in ...
bbc.com/news/world-europe-68787946
Stores closing include Family Dollar, Express, and Macy's in 2024: Family Dollar plans to close at least 600 locations in 2024, and eight other retail chains are ...
businessinsider.com/stores-closing-in-2024-list
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Markets round-up: Escalating Middle East tensions deepen weekly slump: Global markets are poised for a third consecutive weekly decline as tensions rise in the ...
euronews.com/business/2024/04/19/markets-round-up-escalating-middle-east-tensions-deepen-weekly-slump
Here’s what marijuana researchers have to say about 420 or ‘weed day’: It’s 420, or “weed day,” created to celebrate marijuana. But when it comes to weed’s ...
cnn.com/2024/04/20/health/420-weed-day-expert-caution-wellness/
Quick Glance: Experts Caution Against Risks of Marijuana Consumption
- The 420 day, also known as 'Weed Day,' is celebrated, but experts warn about the health implications of marijuana consumption.
- While 24 US states have legalized marijuana for recreational use, research raises concerns about the potential harm cannabis can do to the body.
- Studies suggest that marijuana smoke poses health risks, including an increased risk of stroke and heart attack, as well as links to heart issues.
- Despite some medicinal benefits of marijuana, such as reducing seizures in epilepsy, there are warnings about the risks of excessive consumption, especially among adolescents and pregnant women.
Co-working startup plans huge expansion of clubs in Atlanta, Nashville and other cities
ajc.com/news/business/switchyards-to-expand-co-working-clubs-in-atlanta-nashville-charlotte-and-other-cities/DDCXZWN5FZAF5EBIHPR6PT6EOQ/
OpenAI bids for Japan business as it opens Tokyo office: Microsoft backed artificial intelligence startup OpenAI made a pitch for business in Japan on Monday as ...
reut.rs/3TXmsee
Need a way to celebrate 420? Weed recommend these TV shows and movies about stoners
usatoday.com/story/entertainment/movies/2024/04/18/best-stoner-movies-420/73354752007/
Walmart US CEO talks inflation, self-checkout, and paying six-figures to non-college degree workers
abcnews.go.com/Business/walmart-us-ceo-talks-inflation-checkout-paying-figures/story
Apple Store Employees in New Jersey File to Unionize: Apple employees at the Apple Store in Short Hills, New Jersey have petitioned to unionize ...
macrumors.com/2024/04/10/apple-store-new-jersey-union-filing/
We don't all smoke weed in Germany, Scholz assures Chinese students: Chancellor Olaf Scholz on Monday reassured Chinese students in Shanghai that they did not ...
reuters.com/world/we-dont-all-smoke-weed-germany-scholz-assures-chinese-students-2024-04-15/
Chinese EV startup Nio sets starting price for new version of ET7 sedan: Chinese electric vehicle (EV) startup Nio has set the starting price of the new version ...
reuters.com/business/autos-transportation/chinese-ev-startup-nio-sets-starting-price-new-version-et7-sedan-2024-04-25/
From Cubicle to Corporate Icon, Costco Finance Chief Ends 40-Year Run: Richard Galanti has stepped down as CFO after nearly four decades in the role ...
wsj.com/articles/from-cubicle-to-corporate-icon-costco-finance-chief-ends-40-year-run-52e986d1
What’s the cheapest way to the edge of space? Ride a balloon: Spanish startup HALO Space hopes to begin commercial flights to near-space in 2026 ...
cnn.com/2024/04/16/travel/halo-space-near-space-balloon-trip/
Dollar stores are shutting down across America. They did this to themselves: These are tough times for two big US dollar store chains. In the past month ...
cnn.com/2024/04/11/business/family-dollar-99-cents-only-closing/
Pennsylvania primaries 2024: Live results and analysis: 538 analysts live-blog the April 23 Pennsylvania primaries, which will set up general elections for ...
abcnews.go.com/538/live-updates/pennsylvania-primaries-2024/
Retail sales jumped 0.7% in March, much higher than expected: Retail sales increased 0.7% for the month, considerably faster than the Dow Jones consensus ...
cnbc.com/2024/04/15/retail-sales-jumped-0point7percent-in-march-much-higher-than-expected.html
Is the $139 Amazon Prime Subscription Still Worth It?: Over the past half decade, fees have crept up—while perks have gone away.
wsj.com/tech/personal-tech/is-the-139-amazon-prime-subscription-still-worth-it-83a597c7
Come Dine With Me winners part of cannabis import plot gang: Members of a gang to import cannabis were foiled after reports of a theft, police say.
bbc.com/news/uk-england-london-68805605
AI talent wars have Big Tech CEOs recruiting and paying huge packages: CEOs like Mark Zuckerberg and Sam Altman are getting involved in AI recruiting as they ...
businessinsider.com/ai-talent-wars-big-tech-ceos-recruiting-paying-huge-packages-2024-4
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
- The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.
- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
- Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
Archibald: The genie is out of the bong in Alabama: Maybe it’s time for Alabama to legalize the good $#@%.
al.com/news/2024/04/archibald-the-genie-is-out-of-the-bong-in-alabama.html
Microsoft cloud growth accelerates on back of AI push: Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in ...
cnbc.com/2024/04/25/microsoft-msft-q3-earnings-2024.html
Here’s another reason why 2024 could be the “year of AI” for Apple : Industry experts such as Bloomberg's Mark Gurman explains that Apple's LLM will ...
financialexpress.com/life/technology-heres-another-reason-why-2024-could-be-the-year-of-ai-for-applenbsp-3467412/
'Buy Bitcoin' Sign Sold for Over $1M at Auction: Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp.
coindesk.com/business/2024/04/25/buy-bitcoin-sign-sold-for-over-1m-at-auction/
A Nvidia-backed startup just unveiled AI avatars that can express human emotions: Synthesia introduced its fourth-generation "Expressive Avatars ...
qz.com/synthesia-introduces-ai-avatars-human-expression-nvidia-1851434555
Microsoft-backed Rubrik prices US IPO above range at $32/shr: Rubrik , the cybersecurity software startup that counts Microsoft among its investors ...
reuters.com/markets/deals/microsoft-backed-rubrik-prices-ipo-above-range-32-per-share-source-says-2024-04-24/
German AI start-ups are booming - and still lag behind: Last year, two-thirds more AI start-ups were created in Germany than in the previous year ...
faz.net/aktuell/wirtschaft/unternehmen/deutsche-ki-start-ups-boomen-und-haengen-trotzdem-hinterher-19675006.html
Nvidia acquires AI workload management startup Run:ai for $700M, sources say: Nvidia is acquiring Run:ai, a Tel Aviv-based company that makes it easier for ...
techcrunch.com/2024/04/24/nvidia-acquires-ai-workload-management-startup-runai/
Self belief: I always knew I was built to be an entrepreneur : Eutycus Mwenda is the founder of Milestones Supplies, a fuel depot in Meru town.
nation.africa/kenya/life-and-style/mynetwork/self-belief-i-always-knew-i-was-built-to-be-an-entrepreneur--4593622
AI talent wars have Big Tech CEOs recruiting and paying huge packages: CEOs like Mark Zuckerberg and Sam Altman are getting involved in AI recruiting as they ...
businessinsider.com/ai-talent-wars-big-tech-ceos-recruiting-paying-huge-packages-2024-4
Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval
techcrunch.com/2024/04/24/india-swiggy-secures-shareholder-approval-for-1-2-billion-ipo/
Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs
techcrunch.com/2024/04/24/xaira-an-ai-drug-discovery-startup-launches-with-a-massive-1b-says-its-ready-to-start-developing-drugs/
150 cannabis plants discovered after raid in Chorley: Police had attended an incident in Avondale Road in the early morning hours.
lancashiretelegraph.co.uk/news/24282032.150-cannabis-plants-discovered-raid-chorley/
Police seize 248 cannabis plants on Tunstall High Street: Staffordshire Police have made two arrests
stokesentinel.co.uk/news/stoke-on-trent-news/police-seize-248-cannabis-plants-9249090
Soros family fund among investors in Japan electricity exchange startup: TOKYO -- A group of 17 trading, power and gas companies, as well as Soros Capital ...
asia.nikkei.com/Business/Energy/Soros-family-fund-among-investors-in-Japan-electricity-exchange-startup
16-year-old girl among 67 people nabbed for suspected drug offences: CNB: The drugs seized have an estimated street value of $62,000.
straitstimes.com/singapore/16-year-old-girl-among-67-people-nabbed-for-suspected-drug-offences-cnb
Ex-NSA hacker and ex-Apple researcher launch startup to protect Apple devices: Two veteran security experts are launching a startup that aims to help other ...
techcrunch.com/2024/04/25/ex-nsa-ex-apple-researcher-doubleyou/
Men found in Pontypool café with cannabis plants worth £197k: Men found in Pontypool town centre café with cannabis plants worth £197,000
southwalesargus.co.uk/news/24276064.men-found-pontypool-cafe-cannabis-plants-worth-197k/
Trump Media Ropes In Congress to Pursue Claims of Illegal Shorts: Donald Trump’s social media startup publicized a letter to the heads of various US House of ...
bloomberg.com/news/articles/2024-04-24/trump-media-ropes-in-congress-to-pursue-claims-of-illegal-shorts
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