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Trader who earned $1.5B on gold places large wager on copper prices

The enigmatic Chinese billionaire, often hidden from the public eye, is now placing significant investments—around $1 billion—amid rising tension between the US and China. Bian Shimming, who initially amassed his wealth through plastic tube manufacturing, has shifted to a quieter lifestyle in Gibraltar. He’s betting on a global strategy aimed at mitigating concerns over the […]

Activist investor targets Hewlett Packard by reportedly building $1.5B stake

Hedge fund Elliot Investment Management built more than $1.5 billion in stake in Hewlett Packard Enterprise, said on Tuesday by someone familiar with the issue. Elliot, one of the world’s largest activist investors, is currently ranked among the largest investors in information technology companies and plans to engage with management, said someone not allowed to […]

Bybit hacked for $1.5B in biggest crypto heist of all time

Major cryptocurrency exchanges say that the stolen digital currency worth around $1.5 billion was the victim of sophisticated hacks, marking one of the biggest online thefts of all time. Bybit I said it on Friday Ethereum's daily transfers, one of the most popular cryptocurrencies between digital wallets, were “manipulated” by attackers who transferred the crypto […]

BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days – Cointelegraph

BlackRock's Bitcoin Exchange Traded Fund (ETF) saw total outflows from Bitcoin funds exceed $1.5 billion for the fourth consecutive business day, marking the largest single-day outflow ever. According to CoinGlass, BlackRock's iShares Bitcoin Trust ETF (IBIT) reached $188.7 million in outflows on Dec. 24, surpassing its previous record of $72.7 million set on Dec. 20. […]

Harris failed $1.5B campaign ‘disqualifies her forever:’ Democrat megadonor John Morgan

Kamala Harris' failure to win the presidential election despite a $1.5 billion war chest “disqualifies” her from running again, a major Democratic donor claims in a new interview. . The 60-year-old vice president's unsuccessful campaign burned through a reported huge sum of money in just over 100 days, including millions of dollars spent on advertising […]

Fox, Disney’s Hulu extend multiyear streaming tie-up with $1.5B deal: report

Fox Entertainment and Hulu announced a multiyear content deal Thursday that will see the Walt Disney Co.-owned streaming platform retain streaming rights to a wide range of Fox programming. The deal includes an expanded marketing agreement for the platform, reportedly worth more than $1.5 billion over four years. according to deadline. The new agreement builds […]