Latest in 2.5 Billion Beijing
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Celtics sale price of $6.1 billion could turn NBA attention back toward expansion
NBA owners want to make as much money off expansion as possible, and the Celtics sale set a new bar.Yahoo Sports - 3d -
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Prison labor, an invisible workforce of the U.S. economy
Incarcerated workers produce $2 billion in goods and $9 billion in services every year. But not all of the incarcerated are paid for their labor, which can benefit people inside and outside a ...CBS News - Mar. 9 -
Alibaba’s new open source model QwQ-32B matches DeepSeek-R1 with way smaller compute requirements
While DeepSeek-R1 operates with 671 billion parameters, QwQ-32B achieves comparable performance with a much smaller footprint.VentureBeat - Mar. 5 -
Female founders in the U.S. VC ecosystem: the good and the bad | Pitchbook (updated)
Women founders and investors raised $38.8 billion in funding in the U.S. in 2024, up 27% from the year before, according to PitchBook.VentureBeat - Mar. 6 -
Trump Signs Order to Create a ‘Crypto Reserve’
The first-of-its-kind reserve will be anchored by a stash of Bitcoin the government already owns, estimated to be worth billions of dollars.The New York Times - Mar. 9 -
Potential $7.4B Purdue Pharma opioid settlement frustrates some victims
Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says.CBS News - Mar. 9 -
Cuts to Medicare, Medicaid Would Be ‘Catastrophic for Women’s Health,’ Says Chelsea Clinton
Republicans want to slash $880 billion from the agency overseeing Medicaid. There’s no way to do so without touching benefits.Inc. - Mar. 10 -
Social Security to increase overpayment withholdings to 100% from 10%
The clawback reversal would apply to new overpayments and will save $7 billion over 10 years.MarketWatch - Mar. 10 -
UN to rent Bangladesh property owned by former regime associate
Sobhan family under scrutiny amid efforts to claw back billions of dollars allegedly lost under Sheikh Hasina’s ruleFinancial Times - Mar. 11 -
Junior Bridgeman, NBA player-turned-billionaire businessman and Bucks minority owner, dies at 71
Bridgeman played more than a decade in the NBA before amassing a reported $1.4 billion in wealthCBS Sports - Mar. 12 -
Monopoly Go maker Scopely to acquire Niantic’s games business for $3.5B
Scopely has agreed to acquire Niantic's games business, which includes Pokémon Go, in a deal valued at $3.5 billion.VentureBeat - Mar. 12 -
Comcast expands partnership with Olympics, extends media rights through 2036
Comcast gained the rights to broadcast the Olympic Games through 2036 as part of a new $3 billion agreement with the International Olympic Committee.CNBC - Mar. 13 -
Taxpayers will suffer if Thames Water collapses, warns regulator
Ofwat says placing Thames under government control could end up costing taxpayers billions of pounds.BBC News - Mar. 13 -
NBC to broadcast Olympics in the U.S. through 2036
Comcast NBCUniversal signs deal with IOC for U.S. broadcast rights worth $3 billion.Yahoo Sports - Mar. 13 -
Trump and DOGE Create Anxiety but Opportunity for Federal Contractors
By cutting federal employees, the Trump administration may increase its reliance on firms that take in billions through government contracts.The New York Times - Mar. 14 -
Microsoft says ID@Xbox has paid $5B to date to indie game devs
Microsoft said that ID@Xbox indie gaming label has paid out $5 billion to date to independent game developers.VentureBeat - Mar. 18 -
Reeves to squeeze public spending further in Spring Statement
Billions of pounds of savings sought from Whitehall budgets to fill a hole in the public financesFinancial Times - Mar. 18 -
Why sportsbooks like FanDuel and DraftKings really need March Madness bettors to lose this year
March Madness numbers to know include $3.1 billion in wagers and nearly $5 million in earnings for one player.MarketWatch - 5d -
A Personal Finance Reporter Ponders His Own Climate Change Risk
A Times reporter co-wrote a guide to buying a home in an era of record heat, floods and billion-dollar disasters.The New York Times - 5d -
2025 Is Shaping Up to Be a Year of Self-Care. Call It the White Lotus Effect.
Wellness tourism has ballooned into a $259 billion industry just as consumers have more reason to check out.Inc. - 4d -
Secretive Future Fighter Jet Contract Goes to Boeing, Trump Says
The initial contract for the next-gen stealth fighter jet for the Air Force, known as NGAD, is worth around $20 billion.Inc. - 4d -
Sir James Dyson: Sucking up the cash
How a blocked vacuum cleaner led to a billion-dollar idea for inventor James DysonBBC News - 2d -
The Importance of Being SpaceX
Tesla might be suffering, but SpaceX is poised to profit off billions in new government contractsThe New York Times - 1d -
What is the new F-47 fighter jet Trump announced?
Trump revealed Boeing has won the $20 billion contract to create and engineer the F-47 fighter jet.The Hill - 15h -
CDC is pulling back $11B in Covid funding sent to health departments across the U.S.
The Centers for Disease Control and Prevention is pulling back $11.4 billion in funds allocated in response to Covid to state and community health departments.NBC News - 7h -
Hugging Face co-founder Thomas Wolf just challenged Anthropic CEO’s vision for AI’s future — and the $130 billion industry is taking notice
Hugging Face co-founder Thomas Wolf challenges Anthropic CEO Dario Amodei's "compressed 21st century" vision, arguing AI systems are building "yes-men on servers" rather than the revolutionary ...VentureBeat - Mar. 6 -
China preparing for a protracted trade war with U.S.
China announced retaliatory tariffs on U.S. agricultural products and targeted 25 American companies in response to the now 20% blanket tariffs President Trump placed on all Chinese goods. Anna ...CBS News - Mar. 9 -
Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – business live
Volatility soars and shares slide after Beijing imposes tariffs on imports of agricultural goods from America. Analysts at investment bank Jefferies remain optimistic about the prospects for the ...The Guardian - Mar. 10 -
Dalai Lama says his successor to be born outside China
The Dalai Lama’s successor will be born outside China, the spiritual leader of Tibetan Buddhism says in a new book, raising the stakes in a dispute with Beijing over control of the Himalayan region ...NBC News - Mar. 11 -
Dalai Lama says his successor will be born outside China in the ‘free world’
New book by spiritual leader of Tibetan Buddhism will raise the stakes in a dispute with Beijing over control of Tibet. The Dalai Lama’s successor will be born outside China, the spiritual leader ...The Guardian - Mar. 11 -
Why China Is Worried About Trump’s Tariffs on Mexico
China’s exports to developing markets have soared, opening indirect routes to the U.S. market that officials in Beijing worry may be closed under pressure from President Trump.The New York Times - Mar. 14 -
UK hoping to work with China to counteract Trump’s climate-hostile policies
Ed Miliband visits Beijing as part of plan to create global axis working in favour of climate action. Ed Miliband: ‘The global battle against the climate crisis needs China’ The UK is hoping ...The Guardian - Mar. 14 -
Make room Starbucks and McDonald's. China's Mixue and other brands win fans in Southeast Asia
Chinese food and beverage brands are gaining fans across Southeast Asia, offering alternatives to big name American chains and expanding Beijing's commercial and cultural sway in neighboring economiesABC News - Mar. 14 -
Ed Miliband vows to engage with China on climate after Tory ‘negligence’
Energy security and net zero secretary travels to Beijing for countries’ first formal climate meetings since 2017. Ed Miliband has accused the previous Conservative government of negligence for ...The Guardian - Mar. 17 -
China calls for protections for students in US after congressional panel demands data from colleges
Beijing has demanded protections for Chinese students in the U.S. after a congressional panel asked six American universities to hand over a large amount of detailed information on their Chinese ...ABC News - 5d -
Montana Republican meets with Chinese leader amid tariff tensions
Sen. Steve Daines (R-Mont.), a supporter of President Trump, met Saturday with China's economic chief, Vice Premier He Lifeng in Beijing. This was the first visit by a U.S. politician to China ...The Hill - 3d -
Chinese Premier meets pro-Trump US Senator Daines and calls for dialogue instead of confrontation
Chinese Premier Li Qiang says Beijing and Washington should choose dialogue instead of confrontation during his meeting with U.S. Senator Steve Daines, a strong supporter of President Donald TrumpABC News - 2d -
A mix of science and tradition helps restore relics in China's Forbidden City
A team of about 150 restorers fuses scientific analysis and traditional techniques to clean, patch up and otherwise revive the more than 1.8 million relics in the collection of Beijing's Forbidden ...ABC News - 1d -
China remains top military and cyber threat to US, intelligence report says
Annual report says Beijing making ‘steady but uneven’ progress on capabilities to capture Taiwan. China remains the United States’ top military and cyber threat, according to a new report by US ...The Guardian - 9h