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MicroStrategy now owns $47.4 billion worth of bitcoin after latest purchases
Last week, the company disclosed that it was more than doubling its bitcoin holdings last year while reducing its workforceMarketWatch - 3d -
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 - 3d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
GM raises quarterly dividend, initiates $6 billion stock buyback
General Motors said Wednesday that it is raising its quarterly dividend and initiating a new $6 billion share repurchase program.CNBC - 1d -
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 - 1d -
North Korea’s $1.5 billion crypto hack exposes bitcoin’s weakness
Crypto’s vulnerability to theft will keep bitcoin from widespread useMarketWatch - 1d -
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 - 1d -
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 - 1d -
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 - 20h -
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 - 18h -
Dell forecasts $15 billion of AI server sales this year
Dell said that it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales this year.CNBC - 12h -
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 - 9h -
Dead Athletes. Empty Stands. Billions to Keep Horse Racing Alive.
Let the sport of kings stand on its own.The New York Times - 46m -
This USAID Program Made Food Aid More Efficient for Decades. DOGE Gutted It Anyways
The Famine Early Warning Systems Network is one of USAID’s most data-driven programs, but its work has been stalled by the Trump administration.Wired - Feb. 19 -
‘The impact has been devastating’: how USAid freeze sent shockwaves through Ethiopia
Ethiopia was the largest recipient of US aid assistance in sub-Saharan Africa before Donald Trump froze funding last month. From food and health to support for refugees and sexual abuse survivors, ...The Guardian - Feb. 21 -
Judge denies bid to block Trump administration from placing USAID workers on leave
President Trump has targeted the U.S. Agency for International Development as part of his plan to shrink the size of the federal government.CBS News - 6d -
Musk’s ‘Doge’ claim about USAid funds for India sets off political firestorm
Apparently baseless claim that $21m was given to help voter turnout seized on by Trump and Modi government . Elon Musk’s “department of government efficiency” has been accused of setting off a ...The Guardian - 3d -
Trump administration guts USAID humanitarian office, despite pledge to save its work
Dozens of officials in USAID's humanitarian aid bureau have received termination notices, despite prior assurances that its humanitarian services would be preserved.ABC News - 3d -
USAID staff given 15 minutes to gather belongings from Washington, D.C., office
The latest USAID directive comes as 1,600 workers received termination notices over the weekend and thousands more abroad were put on administrative leave.ABC News - 2d -
Trump's ending of 90% of USAID foreign aid contracts slams programs around the world
Health groups and non-governmental organizations have expressed surprise and outrage and say many humanitarian programs will collapse after the Trump administration’s decision to cut 90% of USAID’s ...ABC News - 19h -
Elon Musk Claims Ebola Containment Efforts Were Restored. USAID Officials Say Otherwise.
The contracts financed Ebola screening at airports and protective gear for health workers, among other measures. Work had been held up for weeks, contrary to Elon Musk’s claim on Wednesday.The New York Times - 14h -
USAID workers given 15-minute windows to clear out after Trump firings
Hundreds of U.S. Agency for International Development employees, or USAID, began clearing out their offices in Washington, D.C., on Thursday. USIAD workers spoke with CBS News and Caitlin ...CBS News - 10h -
State Dept. says some life-saving efforts spared from massive USAID cuts
The State Department said it would keep funding life-saving treatments for diseases like HIV, malaria and tuberculosis while ending over 90% of its contracts.CBS News - 9h -
GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says
Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.CNBC - Feb. 20 -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.Wired - Feb. 20 -
Senate adopts $340 billion budget blueprint for Trump's agenda after marathon 'vote-a-rama'
The Republican-controlled Senate on Friday morning adopted a $340 billion budget blueprint designed to boost funding for President Donald Trump's immigration enforcement efforts, energy production ...NBC News - 6d -
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company's history
Aiding IMAX's lofty box office goals is the Chinese title "Ne Zha 2," which has already garnered $1.6 billion globally, including IMAX screenings.CNBC - 6d -
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company's history
An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on Friday.NBC News - 6d -
Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.
The hack of Bybit is the latest incident in which the crypto industry has been targeted.MarketWatch - 6d -
Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what’s estimated to be the largest crypto heist in history.NBC News - 6d -
Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hit by the largest crypto heist in history.CNBC - 5d -
Newsom requests nearly $40 billion in disaster aid following Los Angeles wildfires
California Gov. Gavin Newsom (D) sent a letter to members of Congress requesting nearly $40 billion in funding to rebuild communities after wildfires devastated the Pacific Palisades and Altadena ...The Hill - 5d -
California Gov. Gavin Newsom asks Congress for nearly $40 billion for Los Angeles wildfire relief
SACRAMENTO, Calif. — 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 wildfires, which he said ...NBC News - 4d -
Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Berkshire Hathaway reported fourth-quarter results on Saturday. The company's Class A shares popped more than 25% in 2024.CNBC - 3d -
Forget Stargate. Apple now has its own $500 billion investment plan.
Apple is matching the amount of the Stargate AI joint venture — and building goodwill with the new administration in a familiar approach.MarketWatch - 3d -
Just Eat shares soar 54% after Prosus offers to buy food delivery firm for $4.3 billion
Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion).CNBC - 3d -
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
Apple on Monday reaffirmed a commitment to spend hundreds of billions on U.S. soil in the coming years amid pressure from President Donald Trump.NBC News - 3d