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Construction of Dream Las Vegas Halted Due to Insufficient Developer Funds

Source Node: https://zephyrnet.com/dream-las-vegas-construction-paused-after-developer-funds-dry-up/
Time Stamp: March 22, 2023 8:01 AM - Modified On: March 22, 2023 - Published By:
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Published by Plato

The construction of the Dream Las Vegas, a $3.1 billion casino and resort project, has been halted due to insufficient developer funds. The project was expected to be a major addition to the Las Vegas Strip, but now faces an uncertain future.The Dream Las Vegas was being developed by a partnership between real estate firm Witkoff Group and New Valley LLC, a subsidiary of the publicly traded company Vector Group Ltd. The project was set to feature a 450-foot-tall tower with 1,500 hotel rooms, a casino, and a convention center.However,

Construction of Dream Las Vegas on Hold as Developer Runs Out of Funds

Source Node: https://zephyrnet.com/dream-las-vegas-construction-paused-after-developer-funds-dry-up/
Time Stamp: March 22, 2023 8:01 AM - Modified On: March 22, 2023 - Published By:
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Published by Plato

The construction of Dream Las Vegas, a highly anticipated hotel and casino project, has been put on hold due to the developer running out of funds. The project was expected to be a major addition to the Las Vegas Strip, but now its future is uncertain.The Dream Las Vegas project was announced in 2018 by developer Witkoff Group and New Valley LLC, a subsidiary of Vector Group Ltd. The project was set to feature a 450-foot-tall tower with 1,500 hotel rooms and 500,000 square feet of convention space. The project

UBS Acquires Credit Suisse for $3.2B Following Offer from Justin Sun

Source Node: https://zephyrnet.com/ubs-completes-credit-suisse-deal-for-3-2b-following-offer-from-justin-sun/
Time Stamp: March 19, 2023 3:28 PM - Modified On: March 19, 2023 - Published By:
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Published by Plato

In a major move, UBS Group AG has acquired Credit Suisse Group AG for $3.2 billion following an offer from Justin Sun, the founder of cryptocurrency platform TRON. The acquisition is the largest of its kind in Switzerland and will create a banking powerhouse in the country. The deal was announced on June 15th, 2020 and is expected to close in the second half of 2021. It will create a banking giant with assets of around $1.3 trillion and more than 60,000 employees. The merger will also create a new

California Company Alleges Nintendo Infringed on Patented Technology Without License

Source Node: https://zephyrnet.com/calif-co-says-nintendo-uses-patented-tech-without-license/
Time Stamp: March 6, 2023 4:17 PM - Modified On: March 6, 2023 - Published By:
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In a recent lawsuit, California-based company Gamevice has accused Nintendo of infringing on its patented technology without a license. Gamevice is suing Nintendo for allegedly using their patented technology in the Nintendo Switch console. The technology in question is a “flexible bridge” that connects two controllers to a device. Gamevice claims that Nintendo’s Joy-Con controllers, which are used with the Switch, are similar to their own controllers and infringe on their patented technology. They allege that Nintendo has used their patented technology without a license or permission. The lawsuit was

Simba Receives Certified B Corporation Status, Becoming the First UK-Based Sleep Brand to Achieve Certification for Climate Consciousness

Source Node: https://zephyrnet.com/climate-conscious-sleep-tech-startup-simba-becomes-the-first-uk-born-sleep-brand-to-be-awarded-certified-b-corporation/
Time Stamp: March 3, 2023 1:42 PM - Modified On: March 3, 2023 - Published By:
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Published by Plato

Simba, a UK-based sleep brand, has recently achieved a major milestone in its commitment to sustainability and climate consciousness. The company has been certified as a B Corporation, becoming the first UK-based sleep brand to receive this certification. This certification is a recognition of Simba’s commitment to using business as a force for good, and its dedication to creating positive social and environmental impacts. The B Corporation certification is awarded to companies that meet rigorous standards of social and environmental performance, accountability, and transparency. To be certified, companies must demonstrate