By James Rufus Koren Los Angeles Times Mon., May 28, 2018 They used to be drug dealers. Then they became dispensaries. Now we have cannabis retailers who “seek to replicate the Apple store model” and give customers “a comfortable, informative and non-threatening environment.” That’s how Culver City firm MedMen describes its pot shops in documents submitted as part of the company’s most audacious plan yet: to become the nation’s most valuable public cannabis company, worth more than $1 billion (U.S.). It’s a move that, perhaps even more than MedMen’s sleek stores on Santa Monica Boulevard and New York’s Fifth Avenue, illustrates how quickly cannabis is entering the mainstream — and how the nascent industry has captured investors’ attention even as it remains relegated to the fringes of the financial world. MedMen, which has yet to post a profit, is not staging a traditional initial public … [Read more...] about ‘Massive rush’ of U.S. pot companies tapping into Canada’s stock market
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As answers slowly come to light about the families behind the terror attacks in Indonesia’s second city of Surabaya and nearby Sidoarjo, questions are already being raised about President Joko Widodo’s government’s ability to prevent and protect against a new burst of Islamic terrorism to a degree not seen since the 2000s. Long-running negotiations to revise existing anti-terrorism laws and perceptions that the government is “soft” on matters of national security threaten to derail the widespread support Widodo has so far enjoyed ahead of next April’s presidential elections. The dailyReport Must-reads from across Asia - directly to your inbox Women and children’s involvement in the weekend suicide bombings has set a startling new precedent in Indonesia, where the families of jihadists are typically confined to more traditional gender roles and are rarely involved in terror attacks. Security analysts had previously warned the nature of … [Read more...] about Is Indonesia’s Widodo soft on security?
source Youtube / Ninja It has been a crazy couple of weeks for Tyler “Ninja” Blevins, the 26-year-old Twitch streamer who recently played the popular game “Fortnite” with Drake, and reportedly makes half a million dollars every month from his bedroom. In just the last five days, he’s gained an average of 83,000 followers per day on Twitch, broken a world record for largest number of in-game kills on a “Fortnite” mode called “Duos,” and effectively entangled himself in his first large-scale scandal by casually rapping a racial slur during a livestream. All this to say, Ninja has taken the internet by storm, and is receiving an unprecedented amount of attention. And Twitch projections show that Ninja’s online popularity is only growing. Here’s everything you need to know about Ninja, the pro gamer who’s bringing streaming into the mainstream: Ninja is one of the … [Read more...] about This 26-year-old makes $500,000 every month playing ‘Fortnite’ in his bedroom — here’s how he does it
The House Intelligence Committee released the transcript of a heated meeting that took place earlier this week, during which members voted to release a Democratic rebuttal to the Nunes memo released earlier this month. The meeting quickly took two separate paths, with Republicans targeting the FBI and Democrats targeting the White House. Given President Donald Trump’s decision not to declassify the Democratic rebuttal a week after releasing the Nunes memo, it appears unlikely the two warring factions on the committee will reach a consensus any time soon. The widening rift between Democrats and Republicans on the House Intelligence Committee was laid bare on Friday when the committee released the transcript of a contentious business meeting it had earlier this week. The House intel committee is one of several congressional bodies investigating Russia’s interference in the 2016 US election and whether … [Read more...] about The House Intelligence Committee’s Russia investigation is nearing the point of no return
Uber and Waymo have settled their epic legal battle over self-driving car tech. It was like a Hollywood drama, often veering from the deadly serious to the ridiculous. Here are the craziest moments, from lawyers squabbling over Michael Douglas’ performance in “Wall Street” to debate over a “pound of flesh.” Uber and Waymo have reached a settlement in their Hollywood-worthy legal battle over self-driving car technology. Uber, accused of stealing trade secrets from Google sister company Alphabet, agreed to pay $245 million worth of equity on Friday – abruptly halting the proceedings that had been scheduled to go on for at least another week. The stakes were high, with Waymo initially seeking as much as $1.8 billion in damages. But over the four days of the trial before the settlement, matters veered wildly from the serious to the surreal. One moment, presiding judge William Alsup was … [Read more...] about The 9 most ridiculous moments from Uber’s $245 million legal battle with Waymo