Forecasts Billion Ai

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 workforce

MarketWatch - 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 - 3d

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 - 3d

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 - 3d

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 - 2d

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 use

MarketWatch - 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 firm

ABC News - 1d

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 - 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 - 1d

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 - 1d

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 - 17h

Dead Athletes. Empty Stands. Billions to Keep Horse Racing Alive.

Let the sport of kings stand on its own.

The New York Times - 2h

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

OpenInfer raises $8M for AI inference at the edge

OpenInfer has raised $8 million in funding to redefine AI inference for edge applications. It’s the brain child of Behnam Bastani and Reza Nourai, who spent nearly a decade of building and scaling ...

VentureBeat - 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 - 4d

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 - 3d

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 - 2d

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 - 2d

Because of AI, Consultants Are Now Expected to Do More

Here’s what consultants and firms should do to survive this fundamental shift.

Inc. - 1h

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 - Feb. 21

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 - Feb. 21

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 - Feb. 21

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 - Feb. 21

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 - 6d

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 - 5d

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 - 4d

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 - 4d

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 - 4d

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 - 4d

Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone

Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in Texas

ABC News - 4d

Crypto exchange Bybit says it fully replenished reserves after record $1.5 billion hack

Bybit said it recovered nearly 447,000 ether tokens, replenishing its reserves through a mix of emergency loans and whale deposits.

CNBC - 3d

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