Beer deal 🍻 — Carlsberg is buying Waterloo Brewing. TikTok is damaging our youth. And stock scammers are under fire.
Danish beer titan Carlsberg is buying Canadian brewery Waterloo Brewing for a cool, crisp, and hoppy $144 million in the largest deal ever for a Canadian brewery.
The US Justice Department and Securities Exchange Commission (SEC) charged eight finance influencers with defrauding investors of US$114 million through “pump and dump” schemes, in which they encouraged followers to sink money into penny stocks to artificially inflate their prices and then sold their shares of to earn a tidy (and illicit) profit.
The Center for Countering Digital Hate set up new TikTok accounts with an age setting of 13 and monitored the first 30 minutes of content delivered on the platform’s algorithmically personalized “For You” page.
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The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
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