Biden to tout $3.3 billion Microsoft investment in Wisconsin at former Foxconn site
President Biden will visit Wisconsin on Wednesday, where he plans to contrast Microsoft’s major investment in the state with Foxconn’s investment in the region that did not materialize during the Trump administration. Biden is expected to head to Racine to announce a $3.3 billion investment by Microsoft to build a new artificial intelligence data center […]
Teachers Union In Chicago Seeks $50 Billion For Abortions, Migrants While Student Scores Decline
The Chicago Teachers Union (CTU) is seeking an additional $50 billion for a variety of causes, including free abortions, immigrant services and LGBT training. The union is calling for an additional $50 billion to fund a range of initiatives, including free abortions, immigration services and LGBT training. according to On the Daily Wire. These demands […]
Google Defends Its $20 Billion Payoff to Apple in Antitrust Suit Closing Arguments
As the most important antitrust trial in 25 years draws to a close in Washington, Google is making a final stand against the Justice Department’s efforts to break the tech giant’s deadly grip on online search. of financial times report A federal court in Washington began hearing closing arguments in the 10-week trial Thursday. In […]
NYC’s AI boom will add $320 billion to economy
New York will see an artificial intelligence boom worth $320 billion by 2038, thanks to homegrown talent. new Accenture and Tech: NYC Report Find out why New York City will benefit from the AI economy. 90% of his bosses say the city’s talent pool is the key to success. New York is already home to […]
XRP’s 8% price hike and what 130 billion tokens had to do with it – AMBCrypto News
XRP consumption age rises to all-time high on May 1st This suggests that we have reached the bottom of the local price on the chart. XRP’s consumption age indicator is in the news today after rising to its highest level during the intraday trading session on May 1, according to Santiment data. see next 🤑 […]
Biden Admin Unveils $3 Billion For Push To Replace All Lead Pipes In 10 Years
The Biden administration announced $3 billion in funding for its initiative to get rid of every lead pipe in the U.S. over the next ten years on Thursday. The Environmental Protection Agency (EPA) unveiled the funding, which comes from the bipartisan infrastructure package of 2021 and is part of a larger $15 billion push to […]
Coinbase revenue soars by 72% to $1.6 billion, smashing analysts' predictions – Fortune
The largest U.S. cryptocurrency exchange had first-quarter revenue of $1.6 billion, a 72% increase from the previous quarter. Coinbase’s reported net income was $1.18 billion (or ($4.40 per share), driven by increased trading thanks to broader crypto market gains and favorable changes in crypto accounting rules. Consumer transaction revenue doubled from the previous quarter to […]
Donald Trump Awarded 36 Million More Trump Media Shares Worth $1.6 Billion After Hitting Price Benchmarks
WASHINGTON (AP) – Former President Donald Trump has secured an additional $1.6 billion worth of stock in Trump Media, according to a regulatory filing this week. Trump received an additional 36 million shares of the company that owns his social media platform, Truth Social, based on the company’s stock reaching certain price benchmarks. This brings […]
NBC Is Planning A $2.5 Billion Offer To Steal NBA TV Rights Away From TNT: REPORT
Looks like we have a media war on our hands. NBCUniversal is preparing an offer that will see them paying an average of around $2.5 billion per year for NBA television rights as the fees for the league’s in-demand broadcasts are nearing a double in price, according to a Monday report from The Wall Street […]
This $2.8 Billion Coal Miner Has Been Mining Bitcoin, Too – Decrypt
A coal mining company revealed that it had been secretly mining Bitcoin for over three years. Alliance Resource Partners listed on the Nasdaq Stock Exchange under the ticker ARLPrevealed its efforts in cryptocurrency at the first quarter financial results conference. “We saw this as just an opportunity given the fact that we have excess power […]