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The Verge
2 hours ago
- The Verge
When did you last buy a company from the beach?
All the smart home news, reviews, and gadgets you need to know about See all Stories Posted Aug 13, 2025 at 2:02 PM UTC When did you last buy a company from the beach? Ken Fairbanks found himself doing exactly that, just so he could keep his smart lights running. In this week's Vergecast , I chat with the new owner of Insteon about how and why he found himself buying a smart home company, and the challenges the industry faces today. Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates. Jennifer Pattison Tuohy Posts from this topic will be added to your daily email digest and your homepage feed. See All Podcasts Posts from this topic will be added to your daily email digest and your homepage feed. See All Smart Home Posts from this topic will be added to your daily email digest and your homepage feed. See All Tech Posts from this topic will be added to your daily email digest and your homepage feed. See All Vergecast
Yahoo
4 hours ago
- Yahoo
Golden Triangle Ventures Inc. Sparks Multi-Industry Growth Plan with Go Fast Sports Acquisition
LAS VEGAS, Aug. 13, 2025 (GLOBE NEWSWIRE) -- via IBN -- Golden Triangle Ventures, Inc. (OTC: GTVH) has reached an agreement with Labor Smart, Inc. (OTC: LTNC) to acquire 100% ownership of the Go Fast Sports brand, including all assets, trademarks, inventory, and related rights. This marks the first major acquisition under GTVH's incoming leadership and signals the Company's entry into the high-growth functional beverage market. To complete the transaction, incoming CEO Javier Leal contributed 720 million of his personal LTNC shares — without issuing any GTVH stock or convertible notes in return — as his gift to GTVH shareholders, underscoring his commitment to building the Company for the long run. 'Coming to Golden Triangle was never about taking from our shareholders — it's about building real, lasting value. We chose a first move with substance, not a blank slate. Go Fast Sports is a brand with history, recognition, and massive untapped potential. This is the kind of foundation you can build on, and we're ready to put in the work.' Founded in 1996, Go Fast Sports has built a reputation as a lifestyle-driven energy brand with deep roots in extreme sports, motorsports, and athletic communities worldwide. The brand's identity and established consumer base position it for revitalization and growth. 'Go Fast Sports has a strong foundation and a community you can't put a price on,' Leal added. 'When you have something solid to build on, the opportunities are endless — and we will capitalize on them.' Go Fast Sports will anchor GTVH's Beverages & Health division, one of three business verticals alongside Construction & Infrastructure and Manufacturing & Distribution. The energy and functional beverage category continues to grow, adding billions in annual revenue and creating a favorable environment for established brands to scale and capture share. 'This is the golden era of Golden Triangle Ventures,' Leal said. 'We are focused on building real, revenue-generating businesses that create long-term value for shareholders. Generating revenue and cash flow is our first and only option before we can address many other items. Taking the proper first step is essential to building a strong future for the Company, and we're ready to move swiftly. This acquisition is the first move in a broader plan to expand into multiple industries while keeping execution as our top priority.' About Golden Triangle Ventures, Inc. The GTV business model is focused on the following core group of interests: Acquisitions / Assets / Holdings - The Company currently owns a unique portfolio of companies that are all being developed and supported by GTV, each holding a common goal of making a positive impact in the industry in which they operate. Services - Services are deployed through Golden Triangle Ventures to assist all the unique opportunities within its operation. The Company also offers its services to select opportunities that could develop synergistic value within the relationship between both companies through the result of its efforts. Investments - Management identifies high-value opportunities and provides capital investments in several companies and projects being developed. Each investment is complemented by a hands-on approach of helping to develop the overall direction and strategic plan for each opportunity. Forward-Looking StatementsThis press release contains forward-looking statements regarding Golden Triangle Ventures, Inc.'s plans, objectives, and anticipated performance, including the growth and market potential of the Go Fast Sports brand and the expansion of the Company's multi-industry platform. These statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could cause such differences include the Company's ability to successfully execute its business strategy, changing market conditions, competitive pressures, and other risks described in its public filings. Golden Triangle Ventures undertakes no obligation to update or revise these statements except as required by law. CONTACT INFORMATION: Golden Triangle Ventures, Corporate CommunicationsIBNAustin, OfficeEditor@ Media in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Business Insider
4 hours ago
- Business Insider
VOO ETF News, 8/13/2025
How is VOO stock faring? The Vanguard S&P 500 ETF is up 2.55% in the past five days and 9.42% year-to-date. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks' unique ETF analyst consensus, determined based on a weighted average of analyst ratings on its holdings, VOO is a Moderate Buy. The Street's average price target of $656.85 implies an upside of 11.18%. Currently, VOO's five holdings with the highest upside potential are Loews (L), Charter Communications (CHTR), Caesars Entertainment (CZR), Eli Lilly (LLY), and Moderna (MRNA). Meanwhile, its five holdings with the greatest downside potential are Palantir Technologies (PLTR), Dollar Tree (DLTR), Garmin (GRMN), Tesla Motors (TSLA), and Altria (MO). Revealingly, VOO ETF's Smart Score is seven, implying that this ETF will likely perform in line with the market. Does VOO Pay Dividends? SPX). Since company payouts change over time, the dividend amount from VOO also varies each quarter. VOO's yield as of today is 1.17%. Power up your ETF investing with TipRanks. Discover the Top Equity ETFs with High Upside Potential, carefully curated based on TipRanks' analysis.