Juul is being sued by the state of Minnesota
The state of Minnesota is suing Juul, claiming the company advertised to young people and is responsible for the high rates of vape use among the youth. The government has accused Juul of misrepresenting information by claiming to be a safer alternative to cigarettes, despite having nicotine levels that are much higher.
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Gaming company Razer applies for online bank license in Singapore
In a surprising move, popular gaming company Razer has revealed that it is teaming up with several other firms, including mobile internet firm LinkSure Global and car-selling platform Carro, to apply for an online bank license in Singapore, supported by its financial technology department Razer Fintech, to introduce an online banking platform consistent with its brand image as a popular choice with millennials and the youth.
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Reuters
JUUL discontinues mint flavor to discourage teen vaping
JUUL will no longer be selling its popular mint flavor due to research that showed the flavor was the most popular with teens. Rumor has it that JUUL is trying to stay one step ahead of regulators who may be considering an outright ban on vaping. The company has undergone a total makeover in order to avoid controversy and prevent such a ban.
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Vice