Former Biden staffer acknowledged the possibility of a $4 million bonus for a 2024 presidential victory.
Biden Aide Discusses Financial Arrangements in New Video A long-time aide to former President Joe Biden has revealed in a recently surfaced video that Biden could stand to gain up to $8 million if re-elected in 2024. Michael Donilon, who served as a senior adviser throughout Biden’s presidency, has actually known Biden for many years—dating […]
California State Retirement Fund Experienced a 71% Loss on $468 Million Clean Energy Investment
CalPERS Faces Heavy Losses in Clean Energy Investment The California Public Employees Retirement System (CalPERS), which manages pensions for state employees, has suffered a significant loss—71%—on its $468 million private equity investment focused on clean energy. Currently, CalPERS pension benefits are only around 79% funded, which leaves California taxpayers and the state government responsible for […]
Tom Hayes files lawsuit against UBS for $400 million, claims he is being unfairly blamed in Libor scandal
Tom Hayes, a former British trader, has initiated a $400 million lawsuit against UBS, claiming “malicious prosecution and corporate scapegoating.” This legal action was filed in Connecticut Superior Court and is rooted in the LIBOR interest rate scandal. According to the lawsuit, Hayes accuses UBS of framing him as the chief orchestrator of the scandal […]
183 million email passwords revealed in data breach, including many Gmail accounts – find out how to check if yours is secure.
Massive Breach Exposes Millions of Email Passwords Recently, a significant security breach has led to the exposure of over 183 million email passwords, with a substantial number linked to Gmail accounts. Cybersecurity analysts are describing it as one of the most extensive credential dumps ever found. Troy Hunt, an Australian security researcher and owner of […]
Brian Kelly’s buyout at LSU might surpass James Franklin’s $49 million departure payment from Penn State.
LSU’s Brian Kelly Faces $54 Million Buyout Following Dismissal The head coach of Louisiana State University, Brian Kelly, is reportedly pursuing a $54 million buyout after the school’s decision to let him go last weekend. LSU announced that Kelly would no longer be coaching following a disappointing 49-25 defeat to Texas A&M, marking the team’s […]
Trump Sons’ Bitcoin Holdings Increase After $163 Million Investment in BTC Treasury
Simply put American Bitcoin has acquired 1,414 bitcoins, the company announced on Monday. Bitcoin was trading at a two-week high above $115,500. Over 200 companies have built Bitcoin vaults. American Bitcoin (ABTC), which is publicly traded and backed by Eric Trump and Donald Trump Jr., recently reported an addition of 1,414 Bitcoins valued at around […]
More than 40 million Americans will stop receiving SNAP benefits starting November 1.
USDA Announces SNAP Benefits Will End for Millions The United States Department of Agriculture (USDA) recently informed that around 42 million Americans will lose their Supplemental Nutrition Assistance Program (SNAP) food benefits starting November 1. This change is tied to the ongoing government shutdown. SNAP is designed to aid low-income households with grocery expenses, so […]
Billionaire’s $130 million contribution amid shutdown leads to ‘totalitarian’ accusations
Sen. Chris Murphy Criticizes Trump Over Donations for Military Pay On Sunday, Connecticut Senator Chris Murphy accused President Donald Trump of wielding “kingly authority” by accepting substantial donations from billionaire Timothy Mellon. Murphy shared his thoughts during an interview with CNN’s Jake Tapper, expressing that, perhaps, Trump relishes the ongoing government shutdown because it gives […]
MapLight, supported by Novo, reaches a valuation of $787 million following a rise in shares during its Nasdaq debut.
(Reuters) – Maplight Therapeutics went public on the Nasdaq on Monday, achieving a valuation of $787 million. This marked the first IPO under a seldom-used regulatory guideline following the U.S. government shutdown. The Redwood City, California-based company, which focuses on treatments for central nervous system disorders, saw its shares open at $19 each—almost 12% higher […]
Mercor increases its valuation to $10 billion after raising $350 million in Series C funding.
Mercor Secures $350 Million in Funding Mercor, a platform that links AI labs with subject matter experts to aid in training foundational AI models, has successfully raised $350 million at a valuation of $10 billion, as confirmed to TechCrunch. Felicis Ventures, which previously led a $100 million Series B round when the company was valued […]