Autonomy founder Mike Lynch acquitted of fraud over Hewlett-Packard deal
Autonomy founder Mike Lynch, once hailed as the British Steve Jobs, was acquitted of fraud charges by a San Francisco jury on Thursday, a major win for the entrepreneur who has been dogged by legal troubles since his company was sold to Hewlett-Packard in 2011 for $11 billion. Mike Lynch, pictured here in 2019, was […]
Robinhood buys crypto exchange Bitstamp in surprise $200 million deal – Fortune
Robinhood announced on Thursday that it has acquired Bitstamp, one of the world’s oldest cryptocurrency exchanges, in an all-cash transaction valued at approximately $200 million. The acquisition, expected to close in the first half of 2025, will advance one of Robinhood’s strategic objectives by expanding the company’s presence in international markets. Bitstamp has been a […]
Senators rally support for Africa trade deal amid competition with China
Against a broader backdrop of competition with China and an ongoing review of the U.S. trade posture, bipartisan enthusiasm for trade with Africa shone through from the Senate Finance Committee on Wednesday. Senators from both parties acknowledged they agreed on much of the matter on the extension of the African Growth and Opportunity Act (AGOA) […]
NBA’s new TV deal is worth $76 BILLION, and the salary cap is exploding again
The NBA’s new media deal was expected to be big, but no one anticipated just how enormous the financial benefits for the league would be. Wall Street Journal report The 11-year, $76 billion deal with NBC, ESPN and Amazon would shatter even the high end of expectations. That averaged out to just over $6.9 billion […]
Alaska’s capital strikes deal with cruise lines to limit passenger numbers
A new agreement between Juneau and major cruise lines aims to limit the number of passengers per day on cruise ships starting in 2026. The number of cruise passengers in Juneau surged to more than 1.6 million last year, and the increased traffic has caused tensions between businesses and residents. The agreement also includes plans […]
Laura Ingraham: This witness could deal ‘final blow’ in Trump trial
Former Michael Cohen adviser Bob Costello joined ‘The Ingraham Angle’ to discuss Cohen’s testimony in NY v. Trump and … source
Fernandes seeks better Manchester United deal but wants clarity on future | Manchester United
Bruno Fernandes is seeking a new contract from Manchester United that would put him in the same top salary bracket as Marcus Rashford, Casemiro and Jadon Sancho, but the captain is waiting for clarity on the manager and the club’s long-term vision before deciding whether to seek a move. United’s hierarchy, led by manager Jim […]
Former Georgia police officer charged with teen girl’s murder rejects plea deal
A former Georgia police officer charged with murder in the death of 16-year-old Susana Morales rejected a plea deal offered by prosecutors before jury selection began Monday. Myles Bryant, 23, said he is prepared to stand trial on a murder charge in connection with the girl’s death. Bryant is accused of abducting and killing the […]
Donald Trump could be ‘loser’ with bad Ukraine peace deal
Ukrainian President Volodymyr Zelensky warned that former President Trump could become a “loser president” if elected and imposes a poor peace deal on Ukraine, saying a flawed deal could end America’s status as a world power. Trump has repeatedly said he would negotiate a quick end to the Russia-Ukraine war if elected, once promising to […]
Paramount, Skydance $8 billion deal near: reports
FOX Business’ Charlie Gasparino appears on “The Craman Countdown” to discuss the feud between Paramount CEO Bob Bakish and Skydance over the “messy” merger. Paramount Global is finalizing the details of its $8 billion acquisition by Skydance Media, according to multiple reports. FOX Business’ Charlie Gasparino reports. It was reported last week that Skydance and […]