“Official” Trump Meme Coin Nears $10B Market Cap in 3 Hours, But Investors Remain Cautious – The Crypto Basic
donald trump launch It's the “official” Trump meme coin with the ticker TRUMP, but investors remain cautious despite its short-term success. President-elect Donald Trump Solana-based tokens were launched three days before the inauguration of the 47th President of the United States. Despite the explosion in value, the project has been met with skepticism, with investors […]
GM pulls plug on Cruise robotaxi after investing over $10B
General Motors announced Tuesday it would stop funding its majority-owned cruise business and withdraw from robotaxi development, a blow to the automaker that had made advanced technology a top priority. GM said it would no longer provide funding for the robotaxi business, “given the increasingly competitive robotaxi market and the significant time and resources required […]
Byron Allen’s $10B McDonald’s race discrimination suit will go to trial
A federal judge in California has ruled that media mogul Byron Allen's $10 billion racial discrimination lawsuit against McDonald's can proceed to trial. U.S. District Judge Fernando M. Holguin called it a “close call,” and jurors ruled that Mr. Allen's claim that the fast-food chain was playing into “racial stereotyping” by not advertising in black-owned […]
Meta plans to build $10B globe-spanning undersea internet cable: report
Social media giant Meta plans to lay its own dedicated undersea fiber optic internet cables that will span the world, according to a new report. Meta, the parent company of Facebook, Instagram and WhatsApp, plans to announce plans early next year to lay more than 25,000 miles of fiber-optic cable under the sea, a move […]
Crypto hacker’s rapper-wife ‘Razzlekhan’ sent to prison in $10B bitcoin heist
The wife of a notorious cryptocurrency hacker who raps under the name Razurkan and calls himself the “Wall Street Crocodile” was charged Monday with helping her husband launder stolen Bitcoins now worth $10 billion. , was sentenced to 18 months in prison. Heather Morgan, 34, was sentenced by a federal judge in Washington, D.C. Days […]
Greg Abbott: Texas spent $10B securing border, can’t afford Kamala Harris
Texas Governor Greg Abbott says Texas taxpayers are spending $10 billion on the state's border security operations, and the state cannot afford another four years of chaos at the border. said. Mr. Abbott told the Post in an exclusive interview that he believes Vice President Kamala Harris, if elected, will not cooperate with border security. […]
OpenAI reportedly mulls $10B payday for Sam Altman
With several top executives heading for retirement, OpenAI is reportedly considering giving CEO Sam Altman a 7% stake while restructuring the artificial intelligence giant as a for-profit company. His 7% stake in Microsoft-backed OpenAI could soon be worth a massive $10.5 billion to Altman, who has never held an ownership stake in the company before. […]
Nvidia CEO Jensen Huang loses $10B as company’s stock plummets
AI chip leader Nvidia's CEO Jensen Huang's net worth fell by about $10 billion on Tuesday after the company's shares plunged nearly 10% amid global selling pressure. The 61-year-old Taiwan-born CEO, who worked as a toilet cleaner and server at Denny's before co-founding Nvidia more than 30 years ago, has seen his net worth fall […]
New York City migrant crisis costs expected to exceed $5B in 2-year period — double to $10B by 2025
New York City is estimated to have spent more than $5 billion on the migrant crisis over the past two years, an amount that is expected to double by 2025. Paying at least 36,939 households an average of $352 a night, the city expects to spend $4.75 billion to provide shelter, food, health care and […]
Ousted architect of Trump’s Truth Social merger sues to block potential $10B deal
A former executive of a blank check acquisition organization planning to take Donald Trump’s social media company public is seeking to block the deal until he receives a larger payout, according to a lawsuit filed Thursday in Delaware. filed a lawsuit. ARC Global Investments II, run by Patrick Orlando, said the amount of stock it […]