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Michael R. Bloomberg has believed mayors have plenty to teach each other since he was mayor of New York City and supported the effort to share good municipal ideas through his nonprofit Bloomberg Philanthropies since he left office in 2013. However, as more nations get bogged down in what the media entrepreneur and philanthropist calls “ideological battles and … Read more
Elon Musk has called for the European Union to be abolished after the bloc fined his social media company X 120 million euros ($140 million) for a “deceptive” blue checkmark and lack of transparency of its advertising repository. The European Commission hit X with the ruling on Friday following a two-year investigation into the company under … Read more
Key Takeaways Strategy acquired 10,624 Bitcoin at an average price of $90,615 per Bitcoin. The company funded its Bitcoin purchases through share sales, raising $963 million in net proceeds. Share this article Strategy acquired 10,624 Bitcoin for approximately $963 million at an average price of $90,615 per coin last week, according to a Monday announcement. … Read more
A pseudonymous trader, known only as AlphaRaccoon, on prediction market Polymarket has drawn sharp scrutiny after reportedly turning a $1.15 million profit in under 24 hours by betting on Google’s 2025 Year in Search rankings. The positions covered niche questions, such as whether the singer d4vd would top the list or if Pope Leo XIV … Read more
MacKenzie Scott has arguably been the biggest name in philanthropy this year—and has nonstop been making major gifts to organizations focused on education, DEI, disaster recovery, and many other causes. This week alone, several higher education institutions announced major gifts from the billionaire philanthropist and ex-wife of Amazon founder Jeff Bezos—donations totaling well over $100 … Read more
Social media giant X has been hit with a 120 million euro ($140 million) fine by the European Commission for breaching transparency obligations, in the latest challenge to a U.S. big tech company by the bloc. The Commission on Friday said breaches include “the deceptive design of its ‘blue checkmark’, the lack of transparency of … Read more
Key Takeaways SpaceX transferred nearly $100 million worth of Bitcoin as part of its crypto treasury management. The company is among several major corporations actively adjusting their custody strategies for digital assets. Share this article SpaceX, Elon Musk’s space exploration company, moved 1,083 Bitcoin worth approximately $100 million today, according to Lookonchain. The move is … Read more
A sign at a NYS Department Of Labor job fair at the Downtown Central Library in Buffalo, New York, US, on Wednesday, Aug. 27, 2025. Lauren Petracca | Bloomberg | Getty Images Announced job cuts from U.S. employers moved further ahead of 1 million for the year in November as corporate restructuring, artificial intelligence and … Read more
“It doesn’t have to be like this.” That’s how Bill Gates, chair of the Gates Foundation, opens the 2025 Goalkeepers report, “We Can’t Stop at Almost.” The Microsoft co-founder sees a turning point after decades of progress in reducing childhood mortality. “The death of a child is always a tragedy,” he continues, “But there’s something … Read more
In 2026, employer healthcare costs are expected to see their largest increase in 15 years. This simple statistic carries a dizzying assortment of socio-economic and political ramifications: The cost of healthcare has perhaps never been a more agonizing flashpoint in the U.S., at a time when AI is the driving force behind tech and economic … Read more
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