Latest in Lost 1.5 Billion
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SoftBank Considers Borrowing $16 Billion to Fund AI
This would be on top of the $15 billion SoftBank has already committed to Stargate.Inc. - 3d -
Chancellor set to cut welfare spending by billions
Cuts to areas including welfare will be put to the official forecaster ahead of the Spring Statement.BBC News - 1d -
The ‘Generational’ Soccer Competition With a $1 Billion Prize Pool
It will take place in the United States from June 14 and will feature 32 teams.The New York Times - 6h -
Climate change shrinking glaciers faster than ever; 7 trillion tons lost since 2000
A new and massive study finds that climate change is melting the world’s mountain glaciers faster than everABC News - Feb. 20 -
‘I think we brought the wrong one home’: one mother’s search to find her lost son
Joan always suspected she had been handed someone else’s baby by the hospital when she gave birth more than 70 years ago. Then an Ancestry DNA test seemed to prove her right. Now in her 90s, she is ...The Guardian - Feb. 22 -
‘It feels like we lost’: Newcastle’s Howe left bemused by late Forest revival
‘Best and worst’ of team on show in 4-3 victory, says Howe Saudi owners to make decision on new stadium this week As the final whistle blew at St James’ Park and Nottingham Forest’s players ...The Guardian - Feb. 23 -
‘We’ve lost some parts of nature for ever’: Ukraine war’s impact on environment – photo essay
As well as intense human suffering, three years of war have had a catastrophic environmental effect, killing wildlife, felling trees and increasing emissions. Since 2022, the Guardian photographer ...The Guardian - Feb. 24 -
For too long, my wheelchair reminded me of what I’d lost. Then I saw it as liberating
When my rheumatoid arthritis became more aggressive, I clung to the idea of still being a ‘walking person’. Letting go of that gave me more freedom than I could have imagined. It started like any ...The Guardian - Feb. 26 -
Boris Spassky, who lost famed chess match to Bobby Fischer, dies at 88
Boris Spassky is best remembered for his duel with American Bobby Fischer in a legendary 1972 match that became a proxy for Cold War rivalries.CBS News - 6d -
Microsoft is shutting down Skype after a 21-year run. Here's how it lost out to video call rivals
Skype is among the world's most long-lasting digital brands. But other mobile apps took off faster, and Skype didn't see the Covid bump that Zoom did.CNBC - 6d -
Clair Obscur: Expedition 33 Is Picking Up Where Lost Odyssey Left Off
Games like Clair Obscur: Expedition 33 don't get made anymore. And that's because games like Clair Obscur: Expedition 33 can't be made anymore. French developer Sandfall Interactive's influences ...GameSpot - 3d -
Ever Lost a Friend at a Music Festival? This Startup Wants to Help—and So Does Its Rival
You can’t patent a good idea, but you can both pitch it at SXSW.Inc. - 3d -
Anthropic raises $3.5 billion, reaching $61.5 billion valuation as AI investment frenzy continues
Anthropic secures $3.5 billion in series E funding at a $61.5 billion valuation as the AI company's revenue grows 1,000% year-over-year, intensifying competition with OpenAI amid massive industry ...VentureBeat - 3d -
‘Why am I so afraid to retire?’ I’m 60 and lost $1.2 million in a divorce. Can I rebuild my life?
“If the rule of 4% is applied, I could use savings and the proceeds from my house sale to buy a condo, and at 62 draw $110,000 per year.”MarketWatch - 8h -
‘I’m deeply disturbed’: My portfolio lost 20%. With Trump’s trade war, do I sell my stocks and buy gold?
“With the current state of domestic and global affairs, I’m at a loss as to how to keep my economic stability in check.”MarketWatch - 1h -
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 wildfiresABC News - Feb. 22 -
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Apple says it will invest $500 billion in U.S. over next 4 years
Apple's plans include building a new manufacturing plant to produce Apple Intelligence servers in Texas.CBS News - Feb. 24 -
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Apple Will Invest $500 Billion in U.S.—and Create 20,000 Jobs
Investments will include a giant factory in Texas.Inc. - Feb. 24 -
Apple Plans to Invest $500 Billion in U.S. as Trump Tariffs Loom
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.The New York Times - Feb. 24 -
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 -
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 - 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 - Feb. 25 -
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 - Feb. 25 -
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 - Feb. 25 -
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 - Feb. 26 -
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 - Feb. 26 -
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 - Feb. 26 -
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 - Feb. 27 -
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 - Feb. 27 -
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 - Feb. 27 -
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 - Feb. 27 -
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 - 6d
