Trump gets another $1.8 billion
At least on paper, Donald Trump increased his wealth by another $1.8 billion. Trump Media & Technology Group, the parent… Read More »Trump gets another $1.8 billion
MedMen’s spectacular collapse is complete: Five years after its $3 billion valuation, the former legal cannabis darling has filed for bankruptcy
Six years after an IPO that peaked at over $3 billion, cannabis retailer MedMen is now worth next to nothing.… Read More »MedMen’s spectacular collapse is complete: Five years after its $3 billion valuation, the former legal cannabis darling has filed for bankruptcy
Activist hedge fund Elliott is betting $1 billion on the British platinum producer
Elliott Investment Management has built a stake of about $1 billion Anglo-Americans Plc, the UK-listed mining company that has received… Read More »Activist hedge fund Elliott is betting $1 billion on the British platinum producer
Xaira, an AI drug discovery startup, launches with a whopping $1 billion and says it is “ready” to start developing drugs.
Advances in generative AI have taken the technology world by storm. Biotech investors are making a big bet that similar… Read More »Xaira, an AI drug discovery startup, launches with a whopping $1 billion and says it is “ready” to start developing drugs.
The economic burden of child verbal abuse by adults is estimated at $300 billion globally.
Child verbal abuse by adults costs society an estimated $300 billion (£239 billion) a year worldwide, findings presented at the… Read More »The economic burden of child verbal abuse by adults is estimated at $300 billion globally.
New York state wants companies to protect their LGBTQ+ Gen Z and Millennial employees — and is raising a $260 billion pension fund to do so
Money Talks. This is what Thomas DiNapoli, Comptroller of the State of New York, is counting on when it comes… Read More »New York state wants companies to protect their LGBTQ+ Gen Z and Millennial employees — and is raising a $260 billion pension fund to do so
AI startup Cognition Labs is seeking a $2 billion valuation amid investor frenzy
Artificial intelligence will undoubtedly change a lot about our world in the long term. But right now we may be… Read More »AI startup Cognition Labs is seeking a $2 billion valuation amid investor frenzy
Jeff Bezos just overtook Elon Musk as the richest person in the world with a fortune of $200 billion
For the first time in more than nine months, Elon Musk is no longer the richest person in the world.… Read More »Jeff Bezos just overtook Elon Musk as the richest person in the world with a fortune of $200 billion
Apple fined $1.84 billion in EU for anti-steering in iOS music streaming market
The European Union has fined Apple 1.84 billion euros for violating antitrust rules in the market for streaming music services… Read More »Apple fined $1.84 billion in EU for anti-steering in iOS music streaming market
Reddit is expecting a valuation of $6.5 billion for its planned IPO, well below its pandemic-era peak
Reddit is seeking a valuation of up to $6.5 billion in its IPO, according to people familiar with the matter.… Read More »Reddit is expecting a valuation of $6.5 billion for its planned IPO, well below its pandemic-era peak