Giant's Billion Investment

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 wildfires

ABC News - Feb. 22

Indonesia launches new multi-billion-dollar sovereign wealth fund

Yahoo News - Feb. 24

Von der Leyen: EU to disburse €3.5 billion in aid for Ukraine sooner

Yahoo News - Feb. 24

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 - Feb. 25

Anthropic closes in on $3.5 billion funding round as investor interest soars

AI startup Anthropic is in talks to raise a new round of capital that would roughly triple its valuation to $61.5 billion, CNBC has confirmed.

CNBC - 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 - 6d

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 - 6d

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 - 6d

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

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 - 5d

North Korea’s $1.5 billion crypto hack exposes bitcoin’s weakness

Crypto’s vulnerability to theft will keep bitcoin from widespread use

MarketWatch - 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 firm

ABC 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 - 4d

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 - 4d

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 - 4d

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 - 4d

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 - 2d

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

Let the sport of kings stand on its own.

The New York Times - 1d

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 - 17h

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 - 14h

A.I. Start-Up Anthropic Closes Deal That Values It at $61.5 Billion

The announcement follows new fund-raising efforts from rivals like OpenAI, which is set to close a deal that values the company at $300 billion, and Elon Musk’s xAI.

The New York Times - 12h

Anthropic Raises $3.5 Billion, Boosted by Its Latest Claude AI Model

Anthropic’s fundraising success shows how a well-timed product launch can dazzle investors.

Inc. - 10h

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 - 6h

Offseason needs for EVERY NFC team: Do the Giants draft a QB? | Football 301

Nate Tice and Charles McDonald break down the biggest needs for every single NFC team.

Yahoo Sports - Feb. 20

Matthew Stafford landing spots: Steelers, Giants among best fits as Rams give QB permission to contact teams

Where Stafford could be playing in 2025 if not in Los Angeles

CBS Sports - Feb. 21

‘Like a giant Squid Game’: soul searching in South Korea after latest celebrity suicide

Death of actor Kim Sae-ron sparks renewed calls for changes to ease pressure on celebrities who face intense scrutiny from media and fans alike . On Friday, the South Korean columnist Yang ...

The Guardian - Feb. 22