Latest in Anthropic Raises $3.5 Billion, Boosted by Its Latest Claude AI Model
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NIH Research Grants Lag Behind Last Year’s by $1 Billion
After weeks of disruption to scientific federal grants, the National Institutes of Health has fallen behind in funding research into treatments for deadly diseases.The New York Times - Feb. 18 -
UnitedHealth Medicare Advantage bombshell exposes $83 billion in government waste
Will Musk and Trump dare to take it on?MarketWatch - Feb. 21 -
$1.4 Billion Stolen From ByBit in Biggest Crypto Theft Ever
Plus: Apple turns off end-to-end encrypted iCloud backups in the UK after pressure to install a backdoor, and two spyware apps expose victim data—and the identities of people who installed the apps.Wired - Feb. 22 -
California governor asks Congress for nearly $40 billion for LA wildfire relief
California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfiresABC News - Feb. 22 -
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Apollo fills real-estate gap with $1.5 billion Bridge Investment deal
Apollo is adding $50 billion in assets under management to its real-estate portfolio.MarketWatch - Feb. 24 -
Apple says it will invest $500 billion in U.S. over next 4 years
Apple's plans include building a new manufacturing plant to produce Apple Intelligence servers in Texas.CBS News - Feb. 24 -
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Apple Will Invest $500 Billion in U.S.—and Create 20,000 Jobs
Investments will include a giant factory in Texas.Inc. - Feb. 24 -
Apple Plans to Invest $500 Billion in U.S. as Trump Tariffs Loom
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.The New York Times - Feb. 24 -
North Korean hackers behind $1.5 billion crypto hack: Security firm
North Korean hackers were behind a sophisticated hack that stole about $1.5 billion worth of digital currency from Bybit, a major cryptocurrency exchange, according to security firm TRM. “TRM has ...The Hill - Feb. 25 -
Bad DOGE: Firing IRS workers will fuel tax cheating and cost billions
Cutting IRS jobs may sound appealing to some, but the long-term consequences could be disastrous.The Hill - Feb. 25 -
Trump administration frees up billions in federal aid for Pennsylvania: Shapiro
Pennsylvania Gov. Josh Shapiro (D) said the Trump administration has agreed to unfreeze more than $2 billion in state funding he claimed was unlawfully withheld, in part citing his recent lawsuit ...The Hill - Feb. 25 -
PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027
Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.CNBC - Feb. 25 -
Here’s why more than $1 billion in sales was not enough for Grocery Outlet
Grocery Outlet Holding Co.’s sales topped $1 billion in the fourth quarter, slightly above Wall Street expectations, but weaker quarterly profits and 2025 guidance dragged the stock down more than ...MarketWatch - 6d -
Eli Lilly plans at least $27 billion in new U.S. manufacturing investments
It comes as companies work to build goodwill with Trump, who has emphasized reshoring manufacturing to the U.S. and reducing reliance on foreign supply chains.CNBC - 5d -
North Korea’s $1.5 billion crypto hack exposes bitcoin’s weakness
Crypto’s vulnerability to theft will keep bitcoin from widespread useMarketWatch - 5d -
North Korea was responsible for $1.5 billion ByBit hack, FBI says
The FBI said on Wednesday that North Korea was responsible for the theft of approximately $1.5 billion in virtual assets from cryptocurrency exchange ByBit.NBC News - 5d -
FBI accuses North Korean-backed hackers of stealing $1.5 billion in crypto
The FBI has accused North Korean-linked hackers of conducting one of the largest known thefts of cryptocurrency — worth some $1.5 billion from a Dubai-based firmABC News - 5d -
Trump administration says it's cutting $60 billion in USAID foreign aid contracts
The Trump administration said it is eliminating more than 90% of the U.S.NBC News - 5d -
Stripe's valuation climbs to $91.5 billion in secondary stock offer
Stripe announced a tender offer on Thursday that values the company at close to its peak valuation from 2021.CNBC - 5d -
Trump’s Tariff Threats Revive Interest in $44 Billion Alaska L.N.G. Project
As the president pressures countries to buy more American energy, Asian officials and investors are reconsidering a hugely expensive plan stalled for decades.The New York Times - 5d -
Trump cuts nearly $60 billion in foreign aid grants and contracts
For 60 years, the United States has believed that foreign aid in the form of international grants to provide food, medical care and other humanitarian aid would stabilize the chaotic world. In a ...CBS News - 4d -
Microsoft pulling the plug on Skype after buying it for $8.5 billion
Microsoft will soon switch off Skype, a pioneering telecom and video call platform that emerged from the rubble of the dotcom era.CBS News - 3d -
Trump administration approves nearly $3 billion arms sale to Israel
The arms sale approval comes as the first phase of the ceasefire between Israel and Hamas is set to expire on Saturday.CBS News - 3d -
Trump administration approves nearly $3 billion arms sale to Israel
The Trump administration approved a nearly $3 billion arms sale to Israel on Friday, bypassing the normal congressional review by declaring the war against Hamas an "emergency." The State ...NBC News - 3d -
Dead Athletes. Empty Stands. Billions to Keep Horse Racing Alive.
Let the sport of kings stand on its own.The New York Times - 2d -
Rubio Bypasses Congress to Send Israel $4 Billion in Arms
Secretary of State Marco Rubio’s emergency declaration calls for sending 2,000-pound bombs and other weapons to Israel as the war in Gaza continues.The New York Times - 1d -
Struggling With Errors, DOGE Deletes Billions More From List of Savings
For the second time in a week, Elon Musk’s government overhaul effort updated its “wall of receipts” to remove mistakes that inflated its success.The New York Times - 1d -
Trump announces Taiwanese chip giant's $100 billion investment in U.S.
President Trump announced that a leading Taiwanese semiconductor chip company plans to invest $100 billion in new manufacturing plants in the U.S.CBS News - 23h -
Walgreens’ breakup looms as $10 billion sale to go private is reportedly in the works
Drugstore chain Walgreens Boots Alliance Inc. is closing in on a roughly $10 billion deal to sell itself to Sycamore Partners, a private-equity firm, which would then take Walgreens private and ...MarketWatch - 16h -
EU president aims for €800 billion of defense funding. How it would work.
European Union President Ursula von der Leyen on Tuesday proposed a funding program that she says could mobilize close to €800 billion ($844 billion) of defense spending.MarketWatch - 6h -
Honeywell beefs up energy security offerings with $2 billion Sundyne deal
Conglomerate adds pump-maker business to its Energy and Sustainability Solutions (ESS) unit.MarketWatch - 5h -
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I’m Not Convinced Ethical Generative AI Currently Exists
WIRED’s advice columnist considers whether some AI tools are more ethical than others, and if developers can make AI wiser.Wired - Feb. 20 -
Alibaba’s stock falls on expensive AI-investment pledge
The online retailer plans to spend $53 billion over the next three years on AI and cloud technology.MarketWatch - Feb. 24 -
Apple to build AI server manufacturing factory in U.S.
Apple has committed to investing $500 billion in the U.S. over the next four years. CEO Tim Cook says the investment will include the creation of a 250,000-square-foot artificial intelligence ...CBS News - Feb. 24 -
Christie's begins AI art auction amid backlash
The legendary auction house Christie's is facing backlash as it is now auctioning off an entire collection of pieces made using artificial intelligence. NBC News' Brian Cheung takes a first-hand ...NBC News - 6d -
Apple AI tool transcribed the word 'racist' as 'Trump'
Experts have questioned the company's explanation that it is due to the two words being similar.BBC News - 6d
