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Boston Celtics sold to Mass. native, technology group co-founder for record-breaking $6.1 billion
The Boston Celtics have been sold to a Massachusetts native and New England graduate, according to a report by the Boston Globe.Yahoo Sports - Mar. 20 -
The blogger who was right about Nvidia is now panning a $25 billion AI company
Jeffrey Emanuel, known for turning Wall Street’s attention to the risk DeepSeek might pose to Nvidia, warns that CoreWeave’s IPO is way overvalued.MarketWatch - Mar. 20 -
European leaders push for even more defense spending — despite plans for $867 billion 'ReArm' package
"I think this is only the start," Lithuanian President Gitanas Nausėda told CNBC's Silvia Amaro on the EU's plans to boost defense spending.CNBC - Mar. 20 -
Boston Celtics sale: NBA franchise agrees to sell for record-breaking $6.1 billion to Bill Chisholm
Massachusetts native Chisholm is the managing partner and co-founder of Symphony Technology Group, based out of CaliforniaCBS Sports - Mar. 20 -
Glacier meltdown risks food and water supply of 2 billion people, says UN
Unesco report highlights ‘unprecedented’ glacier loss driven by climate crisis, threatening ecosystems, agriculture and water sources. Retreating glaciers threaten the food and water supply of 2 ...The Guardian - Mar. 20 -
Abu Dhabi's ADQ and American private equity firm ECP make $25 billion bet on powering U.S. data centers
The UAE has worked to strengthen ties with the U.S. on AI, and is seeking greater access to American technology in order to build its own infrastructure.CNBC - Mar. 21 -
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 - 5d -
Revealed – FIFA Club World Cup Total Prize Money Pool Over Eye-Watering $1 Billion
FIFA has officially announced the revenue for the Club World Cup, unveiling an eye-watering prize pool.According to FCInterNews, the amounts the 32 participating clubs will receive for the ...Yahoo Sports - 1d -
Alibaba has staged a quiet $100 billion rally — AI and Jack Ma's return are at the heart of it
Alibaba founder Jack Ma has returned to the spotlight as China's political environment for tech improves. Alibaba's successes in AI have also shone through.CNBC - 11h -
Alibaba has staged a quiet $100 billion rally — AI and Jack Ma's return are at the heart of it
Alibaba founder Jack Ma has returned to the spotlight as China's political environment for tech improves. Alibaba's successes in AI have also shone through.CNBC - 11h -
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 - Mar. 20 -
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 - Mar. 20 -
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. - 6d -
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. - 6d -
Sir James Dyson: Sucking up the cash
How a blocked vacuum cleaner led to a billion-dollar idea for inventor James DysonBBC News - 4d -
The Importance of Being SpaceX
Tesla might be suffering, but SpaceX is poised to profit off billions in new government contractsThe New York Times - 3d -
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 - 3d -
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 - 2d -
Renewable Energy Jumps to a New High, Powered by China Solar Boom
Renewable energy is booming. And the U.S. now has 176 billion watts of solar panel power.Inc. - 1d -
The Papers: 'On the backs of the poor' and 'tax rise fears'
Reaction to the chancellor announcing billions in cuts and gloomy economic forecasts dominate the front pages.BBC News - 1d -
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 -
Europe wants to pour billions of dollars into its own defense companies — but market watchers say it may not be able to shut American firms out
As Europe looks to hike defense spending, CNBC spoke to industry experts about how the money could be spent — and where it leaves U.S. firms.CNBC - 1d -
Club World Cup prize money: FIFA to dole out $1 billion, exceeding $440 million purse for 2022 World Cup
The Club World Cup, which will feature 32 teams for the first time, begins on June 14 in the U.S.CBS Sports - 1d