Money

Aurora Cannabis Earnings Reveal More Money, More Problems for Recreational Pot Sales

The legalization of marijuana is proving to be a two-edged sword for cannabis startups: On the one hand, it means more revenue; on the other, it can involve higher taxes and other regulatory costs. That’s one takeaway from the first earnings report from Aurora Cannabis after marijuana was legalized in Canada. The Edmonton, Alberta-based cannabis …

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Move Over Echo, Amazon to Acquire Alexa-Compatible Wi-Fi Mesh Router Company Eero

Amazon is acquiring home Wi-Fi network startup Eero, the two companies announced on Monday. San Francisco-based Eero was founded in 2014, emerging as one of several popular home mesh network solutions for consumers desperate for total wireless internet coverage in their homes, regardless of the space and layout. We’ve got some big news: https://t.co/V3pYeYkBY0. By …

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Southwest’s Plan to Launch Flights to Hawaii Could Start a Fare War to the Aloha State

Southwest Airlines is expected to announce this week that it will start flying between California and Hawaii, news that has rival airlines lowering airfares to the islands. While that may be welcome news for budget-minded vacationers, it raises the possibility of something that many airlines dread: an airfare war. Southwest is conducting its test flights …

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Nicki Minaj Pulls Out of BET Concert After Controversial Grammys Tweet

Nicki Minaj has a message for BET: Don’t mess with the Queen. The 36-year-old musician announced she was pulling out of a high-profile summer concert after the event’s sponsor, cable network BET, appeared to mock her during Sunday night’s Grammy Awards telecast. In a since-deleted tweet, BET noted that Cardi B–who’s feuded with Minaj in …

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Ahead of Hundreds of Layoffs, Activision Blizzard Offers Gamers a Guitar Hero Live Refund

As Activision Blizzard reportedly prepares to announce hundreds of layoffs on Tuesday, the company is also reaching into its pockets to compensate frustrated gamers who bought Guitar Hero Live and aren’t happy after they lost access to a majority of songs. Guitar Hero Live, which was released in 2015, came with 42 base songs. Gamers …

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FDA to Vitamin Makers: Supplements Can’t Cure Alzheimer’s, Cancer, Opioid Addiction

The United States Food and Drug Administration (FDA) issued more than a dozen warnings and advisory letters on Monday aimed at the makers of various dietary supplements that promise to cure, prevent, or treat Alzheimer’s disease, as well as other serious conditions such as cancer and opioid addiction. The FDA, which is responsible for the …

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Creator of a Cheating Tool for Grand Theft Auto Online Fined $150,000

The creator of a Grand Theft Auto Online tool that helped players cheat has been ordered to pay $150,000 in damages and another $66,869 in attorney’s fees for disrupting the game’s balance. Jhonny Perez created Ellusive, a tool that could be used to generate unlimited amounts of in-game cash and other cheats in the popular …

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Pro-LGBTQ Laws Outpaced Anti-LGBTQ Laws Across the U.S. in 2018

Despite efforts by the Trump administration and others to push anti-LGBTQ legislation, bills protecting LGBTQ rights outpaced them last year. That’s according to a new report from the Human Rights Campaign, which found that 21 of the 201 pro-LGBTQ bills introduced in state legislatures across the country were signed into law in 2018. Meanwhile, only …

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