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business
Tether Sees $ 10 Billion in Net Profits for 2024
The world’s biggest stablecoin issuer, Tether Holdings Ltd., is on track to close the year with more than $ 10 billion in net profits, Chief Executive...
bloomberg.com - 30+ days ago

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business
EPA Seeking to Claw Back $ 20 Billion in Awards From Climate Law
The Environmental Protection Agency will attempt to claw back some $ 20 billion in funding for climate projects awarded under President Joe Biden’s...
bloomberg.com - 30+ days ago
gaming
Elon Musk slammed by Assassin's Creed video game on X after admitting to cheating
Elon Musk has been called out by a video game’s official X account after the tech billionaire criticized Assassin's Creed on social media, in yet...
themirror.com - 10 days ago
business
Perplexity in Early Talks for Funding at $ 18 Billion Value
Perplexity AI Inc., a startup building an artificial intelligence search engine to compete with Google, is in early talks to double its valuation to...
bloomberg.com - 16 days ago
technology
Hong Kong Billionaire Unshaken by Beijing in Pursuit of Mega Ports Deal
bloomberg.com - 30+ days ago
entrepreneurship
Scale AI’s 28-Year-Old Billionaire CEO Warns About This Scarily Good Chinese Startup
The A.I. race between the two countries "is one of the most important issues of today," according to Wang. For around a decade, the U.S. has retained...
observer.com - 30+ days ago
business
Target says its holiday sales were better than expected — but its profits weren't
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on...
cnbc.com - 30+ days ago
how-to
Want to Make Money With AI? Here Are Easy Steps to Unlock Explosive Profits in 2025
Learn to turn Google AI Studio into a profit-boosting machine with this three-step framework. Train AI to analyze data, uncover sales opportunities and maximize profits. In 2025, it's not enough to simply use AI; you need to leverage it strategically to make serious money. This video reveals a...
entrepreneur.com - 30+ days ago
writing
World's richest author sold 600million books and is worth $ 1 billion – more than Stephen King
themirror.com - 30+ days ago
business
Goldman Switches Sides on Aviva’s £3.3 Billion Direct Line Bid
Goldman Sachs Group Inc. has switched sides to advise Aviva Plc on its £3.3 billion ( $ 4.2 billion) takeover bid for Direct Line Insurance Group Plc,...
bloomberg.com - 30+ days ago
technology
CoreWeave prices its IPO to raise at least $ 2.2 billion — and now the games begin
CoreWeave said on Wednesday that it hopes to sell its initial public shares between $ 47 and $ 55 per share, putting the money it may raise between about $ 2.2 billion and $ 2.6 billion. Word on the street is that CoreWeave wanted to raise at least $ 3 billion and possibly over $ 4 billion. But price range...
techcrunch.com - 30+ days ago
entrepreneurship
Meet Jay Graber, the young female CEO of X alternative Bluesky: she just wore a T-shirt trolling Mark Zuckerberg to SXSW, and developed her own ‘ time -based’ bank while still at university
Unlike billionaire social media owners Elon Musk and Mark Zuckerberg, Graber deploys a collectivist approach to Bluesky, which now has over 30...
scmp.com - 30+ days ago
business
CVC In Talks to Take German Software Firm CompuGroup Private
CVC Capital Partners Plc offered to take CompuGroup Medical SE & Co. KGaA private in a deal that values the German software provider at €1.18 billion...
bloomberg.com - 30+ days ago
technology
Predicting determinants of unimproved water supply in Ethiopia using machine learning analysis of EDHS-2019 data
Over 2 billion people worldwide are impacted by the global dilemma of access to clean and safe drinking water. The problem is most acute in...
nature.com - 1 day ago
nature
It’s time to block-grant Medicaid
If there is any federal program begging for reform, it’s Medicaid. In 2023, total spending on the program exceeded $ 870 billion — up from $ 550...
statnews.com - 7 days ago
sports
Report: ESPN's potential acquisition of NFL Media could come with $ 2 billion price tag
Last month, word emerged that ESPN and the NFL have resumed talks regarding an acquisition of NFL Media. This week, the first price tag emerged. Via...
nbcsports.com - 14 days ago
business
Nonprofits get $ 10 million grant from Google to expand AI
The search engine's philanthropic arm is funding organizations that train others in AI. Google.org, the tech giant's philanthropic arm, is investing millions of dollars into getting nonprofits up to speed on generative AI, part of a massive funding effort to empower organizations to adopt the tech,...
mashable.com - 5 days ago
fashion
Nike Lost $ 1.16 Billion Forcing Michael Jordan Shoe Brand to Take Sales Hit to Overcome Crisis
For years, Nike had managed to hook the sneakerheads with a swoosh. Whether it was Air Jordans, Dunks, or Air Force 1s, the brand had people camping...
essentiallysports.com - 6 days ago
business
India pledges fresh billion for startups
India announced a new $ 1.15 billion Fund of Funds for startups on Saturday while unveiling sweeping regulatory reforms and an ambitious nuclear energy program, as New Delhi seeks to boost tech innovation and clean energy in the world’s fifth-largest economy. Finance Minister Nirmala Sitharaman,...
techcrunch.com - 30+ days ago
shopping
Jack Ma Drew A Parallel Between Himself And Forrest Gump At The Alibaba IPO Over A Decade Ago — The Philosophy Inspired By The Iconic Character Has Helped Build A Tech Giant Worth $ 319 Billion
At Alibaba's historic 2014 IPO, Jack Ma shared his Forrest Gump-inspired philosophy, saying "No matter what happens, you are you," and today, 11...
benzinga.com - 3 days ago
fashion
Winemaker says consumers could face "some pain and issues" on possible tariffs
In response to the steel and aluminum tariffs, the European Union said last week that it would place levies on $ 28 billion worth of American goods,...
cbsnews.com - 16 days ago
business
India Unveils $ 2.7 Billion Plan for Electronics Parts Production
India’s federal cabinet Friday approved 229.2 billion rupees ( $ 2.7 billion) in state-backed subsidies for making electronics components as the...
bloomberg.com - 8 days ago
business
Johnson & Johnson unit ordered to pay $ 1.64 billion in HIV drug marketing case
By Jonathan Stempel (Reuters) -A federal judge ordered a Johnson & Johnson unit on Friday to pay the U.S. government $ 1.64 billion after a jury found it liable in a whistleblower lawsuit for illegally promoting the HIV drugs Prezista and Intelence. U.S. District Judge Zahid Quraishi in Trenton, New...
aol.com - 7 days ago
business
Perplexity in Talks to Raise at $ 18 Billion Valuation
Perplexity, the AI-powered search platform led by CEO Aravind Srinivas, is in talks to raise $ 500 million to $ 1 billion at a $ 18 billion valuation...
theinformation.com - 15 days ago
apps
The Technological Poison Pill: How ATProtocol Encourages Competition, Resists Evil Billionaires, Lock-In & Enshittification
Disclosure: I’m on the board of Bluesky, so feel free to take as many grains of salt as you want in reading it, even though part of this is cheering on...
techdirt.com - 30+ days ago
business
VCs Who Bet $ 300 Billion on AI Say DeepSeek Will Fuel Industry
Silicon Valley investors are putting sunny spin on the tech industry’s AI model panic. Venture capitalists have sunk more than $ 300 billion into US...
bloomberg.com - 30+ days ago