Samsung Joins Blue-State Exodus, Moves U.S. HQ From New Jersey To Texas

MAGA, The DSA, & The Politics Of No Competition Authored by Katherine Gehl via RealClearPolitics, Despite the narrow loss by Democratic Socialist Francesca Hong in the Wisconsin Democratic gubernatorial primary last week, DSA candidates have prevailed in primaries this year from Maine to California. The Democratic Party establishment believed it dodged a bullet in Wisconsin, but this threat is not going away any time soon. The roots of the radical left's success were seeded almost a decade ago. In 2017, a writer in a Democratic Socialists of America publication laid out a...

GameStop CEO Prepares Takeover Bid For eBay Update: GameStop - the meme stonk that also happens to sell video games, is making an unsolicited offer to buy Ebay for around $56 billion, and already has a commitment letter from TD Bank to provide $20 billion in debt financing to help make it happen, the Wall Street Journal reports.  Late last month, eBay reported strong first-quarter results. Anna Webber/Getty Images for Teen Vogue According to Cohen, GameStop has built up a 5% stake in Ebay and is offering $125/share in cash and stock - which makes for a roughly 20% premium...

UK Regulators To Prepare Tokenized-Gold Framework: Report Authored by Zoltan Vardai via CoinTelegraph.com, The UK’s Financial Conduct Authority (FCA) has reportedly held talks with banks and other industry participants over potential rules for tokenized gold. The FCA has also sought feedback on the use of tokenized gold as collateral in wholesale markets, people familiar with the matter told the Financial Times. The regulator is reportedly preparing to outline plans for new regulatory standards for tokenized gold. Cointelegraph has approached the FCA for comment on the matter. London is the world’s largest over-the-counter gold trading hub, accounting for about 70%...