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The European Space Agency is refueling, adding billions to its budget to ‘give wings to Europe’s future through space travel’

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The European Space Agency said Thursday it would increase its budget for the next three years to almost 22.1 billion euros ($25.6 billion). Ahead of two-day agency conference starting Thursday in the German city of Bremen, ESA Director General Josef Aschbacher had expressed concern that Europe could be left behind in space travel if it didn’t invest … Read more

Target’s CEO is betting billions that Gen Zers will get off their phones and fuel a comeback

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While Amazon and Walmart lean into AI and e-commerce investments, Target’s incoming CEO Michael Fiddelke is taking a different approach. Target is betting billions on stores, including remodels, bigger formats, and upgraded tech, to achieve a comeback after a prolonged sales slump. The struggling retailer’s move aligns with data showing Gen Z has a renewed … Read more

Centralization Blamed for Cloudfare Outage that Saw Billions Lost

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Yesterday’s (November 18) Cloudflare outage caused billions of dollars in losses as the internet seemingly came to a standstill. The disruption affected many users trying to access  X, Truth Social, Reddit, ChatGPT, Coinbase, Ledger, BitMEX, DefiLlama, and many more. Ironically, many of the affected platforms and websites were crypto-related, a sector that promotes decentralization. However, … Read more

MacKenzie Scott says her college roommate loaned her $1,000 so she wouldn’t have to drop out—and is now inspiring her to give away billions

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MacKenzie Scott has been one of the most generous philanthropists during the past few years, and an episode in college may help explain why.  After finalizing her divorce from Amazon founder Jeff Bezos in 2019, Scott ended up with a load of shares she earned from helping to build the e-commerce giant during its early … Read more

Sam Atlman-backed Exowatt wants to power AI data centers with billions of hot rocks

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When Hannan Happi started thinking about how to solve the AI power crisis, he kept one figure in mind: one cent per kilowatt-hour. “We went through all sorts of configurations and designs,” Happi, co-founder and CEO of Exowatt, told TechCrunch. “They all look different from each other. We tried to learn from everyone one of … Read more

AMD predicts tens of billions in AI data center revenue by 2027

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Key Takeaways AMD forecasts tens of billions in AI data center revenue by 2027. The company is positioning itself as a leader in AI data center hardware, focusing on AI training and inference. Share this article AMD, a data center-first semiconductor company, projects tens of billions in AI data center revenue by 2027 as demand … Read more

LVMH CEO Bernard Arnault sees wealth skyrocket by $19 billion overnight after months of bleeding billions as shoppers trade designer bags for luxury vacations

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Between October 14 and 15, Arnault’s net worth surged from $173 billion to $192 billion. That is a staggering $19 billion overnight gain.  The wealth upswing propelled him from being the eighth richest person in the world to the seventh spot, surpassing former Microsoft CEO Steve Ballmer whose fortune currently rests at $176 billion. And … Read more

Web3 is losing billions, still calling fraud a ‘user error’

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In the first half of 2025 alone, the web3 industry lost over $3.1 billion to hacks, scams, and exploits, according to Hacken’s H1 2025 Security Report. Nearly $600 million (almost one in … Read more

A sports bettor turned $15 into $140K from a 3-leg parlay. It’s the exception to the risky bet making sportsbooks billions

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A small risk seldom leads to a big reward, but it’s certainly not impossible. Last week, a sports betting customer won more than $142,000 from a three-leg parlay, wagering three NFL tight ends would score the first touchdowns of their respective games, DraftKings posted on X. The initial wager was just $15. The exponentially larger … Read more

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