OpenAI’s Sam Altman calls report of 7% equity stake ‘ludicrous’
According to multiple reports, OpenAI CEO Sam Altman flatly denied accepting a large stake in the startup worth billions of dollars as part of a corporate restructuring. Mr. Altman, 39, said Thursday that a Bloomberg report said OpenAI's board was discussing giving him a 7% stake as part of the pioneering AI company's transformation into […]
United Atlantic Ventures slashes nearly entire stake in Trump Media
One of former President Donald Trump's largest shareholders in his media company has sold most of his stock after recent sales restrictions were lifted. United Atlantic Ventures, run by Trump Media co-founder Andrew Litinsky, who appeared on President Trump's popular reality show “The Apprentice,” has acquired a 5.5% stake in Trump Media & Technology for […]
Commerzbank open to tie-up talks after UniCredit takes 9% stake – Financial Times
Get your free copy of Editor's Digest FT editor Roula Khalaf picks her favourite stories in this weekly newsletter. The bank is open to discussions about a possible tie-up with German rival UniCredit, after Italy's Commerzbank said it had taken a 9 percent stake in the bank and was taking regulatory steps to further increase […]
Residents Try To Intervene As State Wants To Ban Big Cat Hunting. Millions Of Dollars And Critical Ecosystems At Stake
Colorado wildlife experts, hunters and residents are battling a proposed ballot initiative that could ban trophy hunting of big cats statewide in November. Wild America's agricultural and natural landscapes are always in a delicate state balanceWildlife management may sound like it goes against God's will, but it's an essential part of our existence and survival […]
Fate of Tom Brady’s Raiders ownership stake comes into focus
As Tom Brady begins his long-awaited first season as a commentator for Fox on Sunday, the seven-time Super Bowl-winning quarterback is also nearing the finalization of his limited ownership stake in the Las Vegas Raiders. Brady's proposal for 10% team stock “progressing toward approval” NFL Network's Ian Rapoport reports. It is expected to be completed […]
Pop Star Shakira Accuses Spanish Authorities of ‘Burning’ Her ‘at the Stake’
Pop superstar Shakira has accused Spanish authorities of “burning her at the stake” after settling a $15 million tax fraud case last year. “What was most frustrating was that state institutions seemed more interested in publicly burning me at the stake than listening to my reasons. Now, I think it's time to fight back,” Shakira […]
Americans' rights are at stake here: Turley
Constitutional law expert Jonathan Turley argues against the arrest of Telegram founder Pavel Durov despite authorities’ claims … source
Elite aspirants, your future is at stake: Pick a side
The book “The End TimesPeter Turchin has argued that the American social pyramid has become top-heavy, with too many elites and “elite wannabes” competing for too few positions in the upper echelons of business and politics. When the balance between elites and the majority tilts too far in favor of the elites, serious political instability […]
‘It’s any football fan’s dream’: Ed Sheeran buys stake in boyhood club Ipswich Town | Ed Sheeran
Ed Sheeran has taken a minority stake in Ipswich Town, becoming the latest big-name star to invest in a football team. Born in West Yorkshire but raised in Framlingham, Suffolk, Sheeran is a lifelong fan of the Tractor Boys, who have been the shirt sponsor of both the men’s and women’s teams since 2021. The […]
Warren Buffett’s Berkshire discloses surprise stake in Ulta Beauty
Warren Buffett’s Berkshire Hathaway bought stakes in cosmetics chain Ulta Beauty and aircraft parts maker Heico in the second quarter, while also sharply reducing its large holdings of Apple stock. Berkshire held about 690,000 Ulta Beauty shares worth $266.3 million and 1.04 million Hico shares worth $185.4 million as of June 30, according to a […]