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Walmart has spent more than $110 million buying malls this year in a move to become a property owner, not just a tenant

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While Americans are buying trash bags and Great Value soda at Walmart, Walmart is buying…malls. The big-box colossus just snagged a Norwalk, CT, retail plaza for $44.5 million, beating out a “substantial” amount of interest in the space by laying out the juiciest offer, according to Jeff Kintzer, a principal at Royal Properties, which represented the seller. … Read more

NYSE owner close to $2B investment in Polymarket

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Key Takeaways Intercontinental Exchange (ICE), owner of the New York Stock Exchange, is close to investing $2 billion in Polymarket. Polymarket is a leading decentralized prediction market platform known for its real-time forecasting capabilities. Share this article Intercontinental Exchange, the global exchange operator that owns NYSE, is nearing a $2 billion investment in Polymarket, a … Read more

Millennials and Gen Zers are clamoring to break into the housing market. But this real estate expert says ‘not everyone should be an owner’

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Millennials and Gen Z are clamoring to break into the housing market—a feat seemingly impossible in an inflationary period with high home prices and mortgage rates. But one real estate veteran says owning a home might not be all it’s cracked up to be right now. “If your whole thinking is like, ‘Oh, I should … Read more

New York Giants Owner John Mara Announces Cancer Diagnosis

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New York Giants president, CEO and co-owner, John Mara, announced that he has been diagnosed with cancer and is undergoing treatment, adding that he plans to remain active with the franchise during his care. “I have recently been diagnosed with cancer and have been following the treatment plan recommended by an outstanding team of doctors,” … Read more

Rolling Stone owner Penske Media sues Google over AI summaries

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Google faces a new lawsuit accusing the company of illegally using news publishers’ content to create AI summaries that damage their business. The lawsuit comes from Penske Media (PMC), which owns industry publications such as Rolling Stone, Billboard, Variety, Hollywood Reporter, Deadline, Vibe, and Artforum. While Penske’s suit is the first targeting Google and its … Read more

Warren Buffett’s public Kraft Heinz criticism is extremely unusual for the typically passive owner

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Wall Street shared Buffett’s disappointment. Kraft Heinz shares fell as much as 7.6% on Tuesday after the announcement early that morning, but made back some of that loss, finishing down just 2.4% for the holiday-shortened week. Zoom In IconArrows pointing outwards Will Buffett’s unhappiness prompt Berkshire to sell some or all of its stake? He didn’t rule … Read more

Pornhub owner pays $5M settlement to FTC over historic failure to block abusive content

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Pornhub owner Aylo will pay a $5 million settlement to the Federal Trade Commission (FTC) and Utah over allegations that the company knowingly profited off of child sexual abuse material (CSAM) and nonconsensual material (NCM). Formerly MindGeek, Aylo made some significant changes to the way it moderates content in late 2020, when The New York … Read more

Ex-Washington Post fact checker calls Jeff Bezos ‘absentee owner’

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NEWYou can now listen to Fox News articles! The Washington Post is a sinking ship with a captain missing in action. And according to its now-former fact-checker, that missing captain is its billionaire owner, Jeff Bezos.  “He has to be committed to it. If he’s not committed to it, he should find someone else to … Read more

Chainlink and NYSE owner team up to deliver FX and precious metals pricing to DeFi

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Key Takeaways Chainlink partners with Intercontinental Exchange to deliver FX and precious metals pricing data onchain. The collaboration enables over 2,000 applications to access institutional-grade market data via Chainlink Data Streams. Share this article Chainlink, one of the top oracle networks for on-chain real-world data, has partnered with Intercontinental Exchange (ICE), which runs the New … Read more

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