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Baidu unveils AI chip to go in its fancy-pants robocar – and anywhere else someone may want to use it
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Former Hanover Finance co-owner charged with insider trading in US
Eric Watson has been charged with insider trading. (Photo / NZH)
Former Hanover Finance co-owner charged with insider trading in US Sat, 10 Jul 2021, 2:30PM
Eric Watson has been charged with insider trading in the US after shares were traded in a drinks company before it switched to blockchain technology, sending its share price soaring.
Watson, a former convict and New Zealand rich-lister, drove - despite being an undisclosed control person of the company - the change of Long Island Ice Tea Corp s rebranding to Long Blockchain Corp, according to a United States Securities and Exchange Commission statement reported by Bloomberg News.
SEC Likely to Sue USDT And BNB Cryptocurrencies
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Health
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13 hours ago
Michael Birdsall filed suit against PRA Health Sciences, Inc. and its Board of Directors over claims that the company had provided misleading information to its shareholders regarding their merger with Ireland-based pharmaceutical company ICON on Tuesday.
Specifically, Birdsall argued the leading global contract research organization and its Board of Directors are violating the Securities Exchange Act of 1934 and the United State Securities and Exchange Commission Rule by authorizing “the filing of a materially incomplete and misleading Definitive Proxy Statement with the (U.S. Securities and Exchange Commission).”
PRA’s merger with ICON will result in ICON being the surviving company. Upon approval of the merger, PRA shareholders are set to receive $80 in cash and 0.4125 shares of ICON stock for each share of PRA stock they have. This sets the comprehensive value of the PRA stock at about $166.06 as of the day before the merger was anno