EV startup Faraday Future plans to go public through SPAC merger

In a statement electric vehicle startup Faraday Future’s Chief Executive Carsten Breitfeld said, it is aiming to go public through a reverse merger with a special-purchase acquisition company (SPAC). “We are working on such a deal … and will be able to announce something hopefully quite soon,” said Carsten Breitfeld of the potential SPAC deal.…

IBM, TATA join Hedera Hashgraph’s governing council

Hedera Hashgraph is a distributed public ledger platform that aims to be faster and runs at a larger scale than current blockchain technologies. According to a top official from Hedera Hashgraph, a distributed public ledger platform that aims to be faster and runs at a larger scale than current blockchain technologies, India’s Tata Communications along…

KODAKOne’s Initial Token Offering to go public on May 21

KodakOne, Kodak’s blockchain project, has largely been linked to its surging share prices. It is  the vehicle through which it aims to be once again  relevant in the photography industry. In a development that aims to protect and improve digital rights management, Wenn Digital, a developer of an image protection blockchain platform licensed by Eastman…

Ireland becomes the world’s first country to stop investment public funds in fossil fuels

The industry for alternative energy sources is only set to grow. In a big step towards green energy, Ireland has decided to slice out coal and oil from its energy footprint. The country’s parliament has passed a bill that stops the country’s investment in fossil fuels. The move has yet to become law since it…