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Asia’s companies have long traipsed to either the New York Stock Exchange or the NASDAQ for their public debuts. Southeast Asian tech giant Sea, for example, listed on the New York Stock Exchange in 2017. More recently, Hong Kong- and Singapore-based travel platform Klook recently filed for a listing on the NYSE. “Historically, we’ve been … Read more
Artificial intelligence is reshaping work faster than policy or leadership can adapt. U.S. companies report record productivity, yet payrolls barely rise. Goldman Sachs estimates that AI automation could affect the equivalent of 300 million full-time jobs worldwide. Investors are cheering the efficiency. But history suggests that when work becomes scarce, societies ration opportunity, and women … Read more
Good morning. For Elon Musk, the Texas gambit seems to have worked—great news for Musk, bad news for shareholders of U.S. companies. At Tesla’s annual meeting on Thursday, shareholders voted in favor of giving CEO Musk a gargantuan, record-shattering pay package that could give him stock worth $1 trillion after several years. It’s all upside … Read more
America’s technological supremacy isn’t being lost to competition—it’s being surrendered by the very boards entrusted to protect it. No case exposes this more than Intel, once Silicon Valley’s pride, now the poster child for why U.S. corporate governance must be rewritten for an era of technoeconomic warfare. And I should know, because I personally played … Read more
Key Takeaways Hyperliquid removed team-staked $HYPE tokens from USDH vote weighting, increasing community control. This governance change improves fairness and boosts the chances for Paxos to win the USDH ticker. Share this article Hyperliquid removed team-staked $HYPE tokens from validator weighting in the USDH vote today, reducing Native Market’s voting weight from 75% to 66% … Read more
Sonic Labs has introduced a governance proposal seeking community approval for a $150 million token issuance to support its planned entry into the U.S. market. Summary Sonic Labs has proposed a $150M token issuance for U.S. expansion. Plans include forming Sonic USA, launching an ETF, and a NASDAQ PIPE. A governance vote will decide whether … Read more
Dual Governance, a major update that will give stETH holders more control over important protocol decisions, has been formally approved by Lido DAO. The decision was confirmed on June 30 post on X by Lido, following a successful vote by holders of Lido DAO (LDO) tokens. The new system is set to launch on-chain on … Read more
TRON has kicked off the minting of World Liberty Financial’s USD1 stablecoin on its blockchain, coinciding with a major governance update. TRON (TRX) DAO has just announced the first minting of World Liberty Financial’s USD1 stablecoin on its blockchain. The move follows an announcement made on the Token2049 stage on May 1, where TRON founder … Read more
The drama at Kohl’s continues. Just days after CEO Ashley Buchanan was fired over striking a “highly unusual” deal with a vendor he had a personal relationship with, a board member has resigned. Christine Day, who previously served as CEO of athletic wear company Lululemon, filed her resignation letter on May 5, just four days after … Read more
Solana’s rise to a top-10 cryptocurrency has been driven by its speed, developer activity, and growing DeFi and NFT ecosystems. But its journey hasn’t been without bumps. Network outages, inflation-related governance debates, and now investor frustration with a sharp decline from its all-time high have raised questions about the long-term sustainability of its economic model. … Read more
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