Latest in L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
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AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
We Are Not Prepared for Fires Like This
A decade ago, this kind of disaster seemed unthinkably rare.The New York Times - Jan. 8 -
Four fires grow, forcing more than 80,000 evacuations around L.A.
A fire in the Pacific Palisades area of Los Angeles has forced some residents to evacuate amid "life-threatening and destructive" winds.NBC News - Jan. 8 -
BAFTA Tea Party, key stop in the Oscar race, canceled due to L.A. wildfires
Saturday's event, an annual mainstay of the awards circuit, has been canceled amid the L.A. wildfires, the organization announced Wednesday.Los Angeles Times - Jan. 8 -
Bitcoin Is Luring More Companies and Their Cash
It is a sharp pivot away from the cautious approach of the traditional corporate treasury, normally charged with safeguarding cash rather than chasing higher returns.The New York Times - Jan. 8 -
Redick says family evacuated due to L.A. wildfires
Lakers coach JJ Redick called attention to the wildfires in the Pacific Palisades, saying his family was among those forced to evacuate.ESPN - Jan. 8 -
Can Americans end our abusive relationship with private health insurance?
What we mainly fear is that “breaking up” with the current private insurance model would be even worseThe Hill - Jan. 8 -
More fizzle than pop: the limits of Nicole Kidman’s erotic drama Babygirl
Despite bold scenes for mainstream American cinema, the sexy dom/sub age-gap film can’t quite figure out what it’s saying about desire. Arguably the most transgressive scene in Babygirl , A24’s ...The Guardian - Jan. 8 -
Wildfires in Southern California
Plus, we explain why Facebook is getting rid of fact-checking.The New York Times - Jan. 8 -
L.A. officials report civilian fatalities and '0% containment' for wildfires
Los Angeles officials gave an update on the wildfires in California, reporting that there are multiple injuries and two reported fatalities from the Eaton Fire as it grows with "0% containment."NBC News - Jan. 8