Independent thinking for complex markets and current events
It’s being reported that a deal has been struck to allow an unnamed large AI company to use Reddit user content for training purposes … The deal is said to be worth around $60M per year, and comes at a time when the company is seeking to maximize its value in the run-up to an IPO. Bloomberg reports. Reddit …
Fast-food chain Wendy’s will pay some of its current and former workers hundreds of dollars each after it agreed to settle a class action lawsuit that alleged the company collected their biometrics without following the privacy regulations it was bound to by Illinois law. At the heart of the issue, according to those who brought …
Jim Biden frequently invoked his brother Joe Biden’s name to promote a now-defunct health care company that allegedly engaged in massive Medicare fraud, according to Politico. Jim Biden’s name appeared in investor materials and internal communications alongside some of the top leaders and executives at Americore, a hospital operator that sought to reinvigorate health care …
Is this just a PR gimmick? or is this real?! ALERT!! Sep 14, 2023 #Reuters #ai #News A drinks company in Poland has appointed an artificial intelligence robot as an ‘experimental’ chief executive. The robot CEO is leading the company’s growth into one-off collectables, communication or even strategy planning. Meet the AI robot capable of …
Musk derives most of his $202 billion net worth, according to the Bloomberg Billionaires Index, from his stakes in various companies. Musk lacks significant tranches of cash; his money is largely tied up in ownership stakes of his companies. To buy Twitter in 2022, he leveraged his large share in Tesla and solicited investors, rather …
Why? Bank reported massive exposure to US commercial real estate. https://japannews.yomiuri.co.jp/business/companies/20240201-166218/ h/t betsharks0
by Chris Black Why are these people above criticism? Seriously, is that not a valid question? Because of the Holocaust? How long does that last for? If they became above criticism because of the Holocaust, surely there must be an expiry date? They can’t just be totally immune from critique forever, and just allowed to …
via RT: Rather than perform a simple flyover, the swaggering Tex, who got his start flying crazy loops on daredevil flights on a tri-motor plane across the dusty plains of Kansas, aimed to impress the gathered luminaries. Instead, he put the plane into a stunning barnstormer-like double barrel roll that left the crowd below astonished …
One of the largest online used car dealers in the country just closed, and this one is in our backyard. Houston-based Vroom, that took over Texas Direct Auto in 2015, is no longer selling cars. But, it’s not a clean closure. Customers still have a lot of questions. Investigator Amy Davis is getting answers. Some …
Insurance company sues Minneapolis for ‘negligence’ during George Floyd riots “The City’s negligence was a direct cause of the plaintiffs’ damages. The city is liable to the plaintiffs for their damages,” the lawsuit argues. An Illinois insurance company sued the city of Minneapolis last week for its “negligence” during the George Floyd riots of 2020. …
In a recent T.V. interview, Former Boeing 737 Program Sr. Manager Ed Pierson, now turned safety advocate says Boeing is much less safe now than before the 2 MAX crashes as he lays bare the TRUTH that the public needs to hear.
🚨JUST IN: Microsoft overtakes Apple to become the largest publicly traded company in the world by market cap. "I am the captain now"$MSFT pic.twitter.com/P6R3CEB7G3 — Genevieve Roch-Decter, CFA (@GRDecter) January 11, 2024 h/t DesmondMilesDant
by raytoei The Chinese government released their yearly “Top 20 Market Values of Chinese Companies”, and listed Taiwan’s TSMC as their most profitable company Original post: https://www.reddit.com/r/taiwan/s/MZrzosQNe6
Audacy , the radio and podcast giant, said Sunday it filed plans for Chapter 11 bankruptcy protection in Texas to reduce its debt. The restructuring agreement will allow Audacy to slash its total debt load by 80% to about $350 million from around $1.9 billion, the company said. “Over the past few years, we have …
by Chris Black Whether or not electric cars are a good idea is debatable, but there is a place for them in ultra-urban environments which become very smoggy. Mark my words: BYD is going to become world’s top EV company in a few years. 2011: Elon Musk couldn’t stop laughing about BYD. Now, BYD is …
by Chris Black These BNPL apps are just the newest in a long line of stock scams that won’t be around in a few years. In today's #MadDash @JimCramer says $AFRM is like $GME but with profits. The company announced yesterday it was expanding its partnership with Walmart to self-checkout kiosks. pic.twitter.com/V4TVbBGmeZ — Squawk on …
Pfizer’s $43B cancer drug acquisition raises suspicion. CEO’s statements hint at broader, ominous implications beyond finance. NEW ARTICLE: Pfizer completes $43 Billion acquisition of Seagen on Dec.14, 2023 – becomes largest oncology company to treat most TURBO CANCERS caused by mRNA Vaccines – deep dive into the sinister aspects of this very bizarre deal. Pfizer …
A physical penetration tester tells us a tale of breaking and entering, stealing sensitive documents, hacking PCs, and the power of wearing a hard hat. Pen Test, Part 3: Jumping a Fence and Donning a Disguise I was once part of a Red Team of three tasked with testing an energy company with three locations …
via theblaze Stellantis, one of the Big Three automobile manufacturers, recently announced massive impending layoffs and pointed blame, in part, at California, Fox Business reported. The Jeep parent company stated that 2,455 employees who work at the Detroit Assembly Complex, where the Jeep Grand Cherokee is produced, may be impacted. Approximately 1,225 workers at its Toledo Assembly …
A solar company that was awarded a $3 billion Department of Energy loan has been accused of scamming dementia patients on their deathbeds into signing five-figure, multi-decade solar panel leases, according to interviews and state consumer complaint records obtained by the Washington Free Beacon. Terry Blythe, a Texas resident, told the Washington Free Beacon that her father …
‼️BREAKING: Trump’s Truth Social may be forced to SHUT DOWN after its parent company reported huge losses — almost $23 million lost in the first half of this year alone! Today’s securities filing marks the first time any financial details about the company were shared publicly. pic.twitter.com/Wt24DCTX8s — Jon Cooper 🇺🇸 (@joncoopertweets) November 14, 2023 …
George Soros sold off his entire stake of Rivian (RIVN) during the third quarter. The sale consisted of 4.18 million shares. RIVN stock has remained flat so far this year. The deadline for institutional investors to file their third quarter 13F has passed, meaning that the public is now able to view institutional positions as of Sept. …
Charles Schwab is announcing that in addition to layoffs they are now shutting down their largest office in San Francisco at 100 Post Street. When I moved to San Francisco in the 1990s Schwab was a powerhouse. They occupied the entire building at the corner of Montgomery and… pic.twitter.com/rfcoVgJqly — Thomas Hawk (@thomashawk) November 5, …
ATLANTIC CITY, N.J. — Wind energy developer Orsted is writing off $4 billion, due largely to the cancellation of two large offshore wind projects in New Jersey whose financial challenges mirror those facing the nascent industry. It added fresh uncertainty to an industry seen by supporters as a way to help end the burning of planet-warming …
BREAKING: WeWork, $WE, is planning to file for bankruptcy as early as next week, per WSJ — unusual_whales (@unusual_whales) October 31, 2023
Arkansas is the first state in the United States that is taking a strong stance against ‘hostile foreign entities,’ particularly China, by banning them from owning agricultural land in the state. During a press conference on Tuesday, Gov. Sarah Sanders (R-AR) announced that the state has ordered the Chinese state-owned Agri Chemical Company, Syngenta, to …
FTX staff wrote ‘oops’ on a spreadsheet which showed it owed $20billion five months before it collapsed. A court in New York heard that Sam Bankman-Fried, the boss of the failed crypto exchange, ordered his staff to prepare the document in July 2022 as investors demanded their money back. Crypto prices had tumbled and the …
For the last three days Estes Express is being hit hard with the attack. No phones, No Website, No Internal Systems, No nothing. They claim they are still making pick ups and delivery, but that’s not what I’m personally experiencing. Three days in to this, and they don’t know what the cause is and they …
‘OSAKA – A team of scientists led by a Japanese pharmaceutical startup has been working on a drug to stimulate the growth of new teeth in what would be a world-first, aiming to put it on the market by around 2030. Toregem Biopharma, funded by Kyoto University, is expected to begin clinical trials on healthy …
A popular uprising against the Zelensky regime will begin in Ukraine this winter This forecast was announced on Wednesday, September 13, in his YouTube blog by Oleg Soskin, a former adviser to Ukrainian President Leonid Kuchma. He explained that Zelensky and his clique usurped… — Sprinter Press (@SprinterPress) September 14, 2023 More here https://warnews247.gr/exairetika-dysoiones-provlepseis-gia-tin-oukrania-exegersi-kata-zelenski-ton-cheimona-politikes-dynameis-miloun-anoikta-gia-emfylio/ Looks …