U.S. e-sports platform to launch $100 million cryptocurrency sale in September

NEW YORK (Reuters) – Unikrn, a U.S. sports betting digital platform backed by some of the biggest names in media, entertainment and sports, will launch the sale of $100 million in cryptocurrency next month, the company’s co-founder and chief executive officer, Rahul Sood, told Reuters in an interview earlier this week. Source link

Pershing Square's Ackman says ADP needs to streamline

BOSTON/NEW YORK (Reuters) – Activist investor William Ackman laid out his case for changes at Automatic Data Processing Inc on Thursday, saying the payroll processor needs to improve its profit margins and integrate its business lines. Source link

Wisconsin lawmakers debate billions in incentives for Foxconn plant

(Reuters) – The Wisconsin State Assembly on Thursday will consider a $3 billion incentive package for a proposed liquid-crystal display factory by Taiwan’s Foxconn, the first vote on the deal by a chamber of the state’s Republican-controlled legislature. Source link

Ericsson could shed 25,000 jobs in cost-cutting drive: report

STOCKHOLM (Reuters) – Mobile telecom gear maker Ericsson may lay off around 25,000 employees outside Sweden as part of its savings program, Swedish daily Svenska Dagbladet reported on Thursday, citing unidentified sources at the company. Source link