William Koo Ichioka, a New York resident, has been fined over $36 million and sentenced to 48 months in prison for orchestrating a fraudulent cryptocurrency and forex investment scheme that promised guaranteed returns. The Commodity Futures Trading Commission (CFTC) led the case, revealing that Ichioka’s deceptive practices, which ran from 2018 to 2021, involved luring… Continue reading New York Resident William Koo Ichioka Fined $36 Million for Crypto Fraud
Category: United States
Qualcomm Approached Intel with Takeover Plans Recently: WSJ Report
Qualcomm has recently approached Intel to explore a potential acquisition, signaling what could be one of the most significant deals in the semiconductor industry. Qualcomm’s CEO Cristiano Amon is actively engaged in negotiations, considering various strategic options for acquiring portions or the entirety of Intel’s business. However, this potential acquisition faces considerable regulatory and operational… Continue reading Qualcomm Approached Intel with Takeover Plans Recently: WSJ Report
Fiat considers launching Grande Panda EV in global markets, including North America
Italian automobile manufacturer Fiat has confirmed that it mulling plans to launch the budget-friendly Grande Panda EV in global markets, including North America. If everything goes as expected, the Grand Panda EV will enter the highly-competitive U.S. market as the cheapest battery-powered car. In Europe, Fiat aims for the battery-powered version of the Grande Panda… Continue reading Fiat considers launching Grande Panda EV in global markets, including North America
GM sells over 20,000 Ultium-based EVs in U.S. in Q2 2024
American automobile giant General Motors (GM) achieved a remarkable milestone in second quarter (Q2) of 2024, as sales of its Ultium-based electric vehicles (EVs) surpassed the mark of 20,000 units for the first time. As per released stats, GM sold a total of 21,930 EVs in the April through June quarter, representing an increase of… Continue reading GM sells over 20,000 Ultium-based EVs in U.S. in Q2 2024
BYD’s new 2025 Dolphin EV boasts longer range at same $14K price point
Chinese automobile manufacturer BYD Limited has announced the launch of latest electric offering – the 2025 Dolphin EV, which boasts a larger battery for extended driving range at affordable price. BYD continues to push ahead with its strategy of offering affordable electric cars despite facing trouble in European market from the authorities. The company is… Continue reading BYD’s new 2025 Dolphin EV boasts longer range at same $14K price point
Faraday Future delivers 10 FF 91 2.0 EVs in 2023
After several years of struggle and hardships related to development, financing and production, American electric vehicle (EV) startup Faraday Future delivered ten units of the FF 91 2.0 EVs to pre-order holders in 2023. The California-based luxury EV maker commenced production of the all-electric FF 91 2.0 model in March last year. The all-electric model… Continue reading Faraday Future delivers 10 FF 91 2.0 EVs in 2023
Fiat offering all-electric 500e city car at $414 per month lease
The Fiat 500e, the Italian brand’s cute & charming compact city car, is available for lease at $414 per month, a deal that seems high cost in the highly-competitive market. Despite the appeal of the compact EV and the availability of the $7,500 commercial lease tax credit, its high monthly payment and 149-mile range make… Continue reading Fiat offering all-electric 500e city car at $414 per month lease
Fairfax casino bill postponed to 2025 pending study on economic impact
In a strategic move, the Fairfax Casino bill proposed by Virginia Senator David Marsden (D-Fairfax) has been put on hold until at least 2025 as lawmakers want more time to study the impact of the envisioned property on the local economy. The Senate Finance & Appropriations Resources Subcommittee, in a unanimous 4-0 vote earlier this… Continue reading Fairfax casino bill postponed to 2025 pending study on economic impact
Rocky Mountain Gaming acquires Johnny Nolon’s Casino & Colorado Grande Casino in Cripple Creek
Marking a revolutionary advancement in the realm of gaming and entertainment, Rocky Mountain Gaming CC LLC has inked a deal for the acquisition of the iconic Johnny Nolon’s Casino and the renowned Colorado Grande Casino. Led by industry stalwarts David D. Ross, Joseph J. Canfora, and Michael J. Gaughan III, Rocky Mountain Gaming made this… Continue reading Rocky Mountain Gaming acquires Johnny Nolon’s Casino & Colorado Grande Casino in Cripple Creek
EV market penetration surpasses 30% in Four California counties
Some regions in the United States truly impress with their exceptional adoption rates of plug-in electric cars, as they have significantly higher EVs compared to the national average. Data from the United States’ National Renewable Energy Laboratory (NREL), as highlighted by the Department of Energy’s (DOE’s) Vehicle Technologies Office, revealed that certain counties in the… Continue reading EV market penetration surpasses 30% in Four California counties