Latest in Billions Wasted
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An AI 'gold rush.' What to know about OpenAI's record $40-billion funding round
The latest $40-billion investment round will bring the ChatGPT's valuation to $300 billion.Los Angeles Times - 1d -
Alphabet to buy cybersecurity startup Wiz for $32 billion
Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billionABC News - Mar. 18 -
Ashton Hall’s Unconventional Morning Routine Has Drawn Nearly a Billion Views
Ashton Hall’s unconventional morning routine has drawn close to a billion views, and scores of copycat videos.The New York Times - Mar. 25 -
Musk’s xAI Buys Social Media Platform X for $45 Billion
Elon Musk said on X that ‘xAI and X’s futures are intertwined.’ He bought Twitter for $44 billion in 2022.Inc. - 5d -
To Secure $40 Billion, OpenAI Must Complete For-Profit Transition by End-Year
SoftBank can reduce funding to $20 billion if OpenAI fails to fully transition by the deadline.Inc. - 4d -
'His swagger is back' but Villa won't 'waste time' on Rashford future
Aston Villa loanee Marcus Rashford scored his first goals for Aston Villa in the FA Cup quarter-final win at Preston as he continues to show some of his old swagger.BBC News - 3d -
Only career civil servants know where the real government waste is
I know from years of firsthand experience that it will take both sides, political appointees and career civil servants, working collaboratively together to make this work.The Hill - 1d -
Eight Watch Brands Now Sell $1 Billion a Year
There now are eight brands selling more than $1 billion each year. Experts say it means big brands are getting bigger and their products are getting pricier.The New York Times - 3d -
OpenAI funding round could be cut by $10 billion if for-profit conversion doesn't occur by year-end
If OpenAI doesn't restructure into an independent for-profit company by Dec. 31, its mega-financing round could be slashed by $10 billion.CNBC - 2d -
OpenAI closes $40 billion funding round, largest private tech deal on record
OpenAI on Monday announced the close of its $40 billion financing, the most money raised in a single round by a private tech company.CNBC - 2d -
Timberwolves sale: Marc Lore, Alex Rodriguez get ownership for $1.5 billion as Glen Taylor settles dispute
The $1.5 billion price tag is far below what other teams have sold for in recent yearsCBS Sports - 22h -
DOGE Was Created to Save the Government Money. It May End Up Costing Billions Instead
DOGE reports it has saved $130 billion, but between lost tax income and severance costs, the unit may wind up costing the U.S.Inc. - 5d -
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...ABC News - Mar. 19 -
US gives initial approval for Qatar to purchase MQ-9 armed drones for nearly $2 billion
The United States has given an initial approval for the energy-rich Mideast nation of Qatar to buy eight armed MQ-9B Predator drones for its military, an estimated purchase worth nearly $2 billionABC News - Mar. 27 -
Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on FridayABC News - 5d -
The NHL and Rogers agree on 12-year, $7.7 US billion media rights deal in Canada, AP source says
The NHL has reached an agreement with Rogers Communications on a 12-year, $7.7 US billion media rights agreement in Canada, according to a person familiar with the deal. The contract is the latest ...Yahoo Sports - 2d -
“We Don’t Want to Waste Time” – Unai Emery Provides Update on Aston Villa’s Plans for Marcus Rashford
Marcus Rashford’s Resurgence at Aston Villa Raises Questions for Manchester UnitedMarcus Rashford’s loan switch from Manchester United to Aston Villa may have raised eyebrows in January, but few a...Yahoo Sports - 2d -
U.S. Has Spent $40 Million to Jail About 400 Migrants at Guantánamo
The disclosure of the tab so far came after five senators visited the offshore operation, which they condemned as a waste of resources.The New York Times - 1d -
Environment Agency orders review into tyre recycling after BBC probe
Environment Agency review waste tyre exports after BBC probe reveals millions sent to furnaces in India.BBC News - 1d -
OpenAI Closes Deal That Values Company at $300 Billion
The start-up’s valuation, which has nearly doubled in six months, shows continued enthusiasm for A.I. among investors.The New York Times - 2d -
Trump Administration Will Review Billions in Funding for Harvard
The move follows the cancellation of roughly $400 million in funding for Columbia and the suspension of $175 million for the University of Pennsylvania.The New York Times - 2d -
Trump Administration Abruptly Cuts Billions From State Health Services
States have been told that they can no longer use grants that were funding infectious disease management and addiction services.The New York Times - Mar. 27 -
SpaceX Faces Fresh Competition for $5.6 Billion in Government Contracts
Rocket Lab and startup Stoke Space were selected to compete for Department of Defense contracts through 2029.Inc. - 5d -
Real Estate Fund Exceeds $2.5 Billion for Affordable Housing
The size of the fund, which is run by the Vistria Group, highlights how investors see an opportunity to address the nation’s housing crisis.The New York Times - 2d -
A Quarter-Billion Dollars for Defamation: Inside Greenpeace’s Huge Loss
A pipeline company’s lawsuit against the environmental group could chill free speech, experts said. First Amendment issues are likely to figure prominently in an appeal.The New York Times - 2d -
Professors Pushed Harvard to Resist Trump. Now Billions Are on the Line.
Harvard, the wealthiest school in the world, sought compromise amid pressure to do more to combat antisemitism. The Trump administration is examining its funding anyway.The New York Times - 1d -
Trump Media Moves to Register the President’s $2 Billion in Shares Again
President Trump’s shares of the company have been held in a trust since he won the election last year. The stock has plunged 40 percent this year.The New York Times - 19h -
Ocean dumping – or climate solution? An industry bets on the ocean to capture carbon
Dozens of companies and academic groups are pitching the same theory: that sinking rocks, nutrients, crop waste or seaweed in the ocean could lock away climate-warming carbon dioxide for centuries ...ABC News - Mar. 21 -
Left Behind | Sunday on 60 Minutes
60 Minutes was with the Environmental Protection Agency as crews removed hazardous waste left behind after the Los Angeles wildfires – including electric vehicles with batteries that can explode ...CBS News - 2d -
DOGE staffer who resigned over past social media posts reinstated with higher access: Filing
A Department of Government Efficiency (DOGE) staffer who resigned over racist posts that resurfaced on social media last month was reinstated to oversee the slashing of waste, fraud and abuse in ...The Hill - 1d -
Bukayo Saka marks Arsenal return in perfect style ⚡
Bukayo Saka made his long-awaited Arsenal return in Tuesday's clash with Fulham and wasted little time in making his mark. It was 101 days since the "Starboy" had last turned out for Mikel Arteta's ...Yahoo Sports - 1d -
Biggest cost from Trump’s tariffs is uncertainty for Asian carmakers
Companies forced to make billion-dollar bets in face of unpredictable politicsFinancial Times - 2d -
Tariffs will likely raise much less money than White House projects, economists say
White House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that's nearly impossible.CNBC - 21h -
Canadians pull back on U.S. trips, threatening to widen United States' $50 billion travel deficit
Some carriers are cutting back U.S. flights from Canada due to weaker demand.CNBC - 5d -
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.CNBC - 3d
