Category: Business
BlackBerry Kicks Off Share Buyback Plan After Gaining TSX Green Light
BlackBerry is set to repurchase up to 27.8 million shares under a newly approved NCIB share buyback program, representing 4.7% of its public float. The buybacks can take place across multiple North American exchanges from May 2025 to May 2026, with TSX daily purchase limits. All shares bought back will be canceled.
Nigerian Star Davido Enters Crypto Market with New Meme Coin Amid TapSwap Surge
Nigerian superstar Davido has launched his own meme coin, joining the ranks of celebrities tapping into cryptocurrency trends. This initiative is expected to leverage his vast fan base, although details about the coin remain scarce. This highlights the growing intersection between celebrity culture and digital finance.
Justice Department Takes On Ticketmaster and Live Nation: Antitrust Suit Aims to Reshape Concert Ticketing Industry
The US Justice Department has filed an antitrust lawsuit against Ticketmaster and Live Nation, accusing them of monopolistic practices. The litigation targets the stranglehold the merged entity has on the ticket-selling market, potentially leading to cheaper ticket prices and increased competition. This move is part of broader federal efforts to combat illegal monopolies in various sectors.