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Wednesday, May 08, 2024 12:20 PM ET

Search Results: billion

Inside L.A.'s greatest family feud: Warring brothers. A mother's choice. Billions at stake

The fate of a real estate empire hinged on whether two brothers made a deal years ago. One brother said they shook on it. The other denied there was a deal. What would a jury think?

Los Angeles Times - Technology - 1 hour ago

UAE to hit $30 billion in foreign investments inflows this year

The UAE is poised to hit a record $30 billion in foreign direct investments (FDI) inflows this year, a top official said during the Annual Investment Me

Albawaba - Top Stories - 5 hours ago

Illegal Immigration Costing UK Taxpayer £14 Billion Per Year in Public Services, Ex-Government Minister Says

Illegal immigration costs the British taxpayer at least £14 billion per year in public services, alone, a former government minister has said.

Breitbart - Politics - 7 hours ago

Israeli cyber startup Wiz now valued at $12 billion

After raising another $1 billion, in an effort led by American investment fund Andreessen Horowitz, cybersecurity company set to 'continue addressing the most complex challenges in cloud security and assist organizations in advancing consolidation processes'

YNET News - Technology - 8 hours ago

Susquehanna Reveals Billion-Dollar Bitcoin ETF Treasury

Susquehanna has jumped into the institutional Bitcoin ETF list as the quantitative trading giant revealed it has more than $1 billion worth of BTC ETFs across multiple issuers – the largest investments on Grayscale's GBTC.

International Business Times - Top Stories - 9 hours ago

Former Australian PM Joins Billion-Dollar Net Zero Fund

Former Australian prime minister Julia Gillard is set to chair the HMC Capital Energy Transition Fund and says she has plans to steer Australia towards a net zero target by 2050.

Epoch Times - World - 11 hours ago

Israel-founded cyber unicorn Wiz raises $1 billion, soaring to $12 billion valuation

The US-Israeli cloud cybersecurity startup plans to use the funds to go on an acquisition spree, hire more employees, boost product development

Times of Israel - Business - 19 hours ago

Unstoppable Wiz: Cyber startup nets another $1 billion in funding as valuation jumps to $12B - (Ctech)

The four-year-old decacorn, which took its total funding to date to $1.9 billion, said it will use the latest round of funding to help drive future M&A efforts, along with talent recruitment and product development

Times of Israel - Business - 1 day ago

Octopus Energy valuation jumps to nine billion dollars as investors double down

Major shareholders hike stakes in energy giant further after Octopus was recently named UK’s largest electricity supplier

Evening Standard - Business - 1 day ago

Self-driving startup Wayve just raised $1 billion from Nvidia, SoftBank and more

Wayve, the British self-driving car startup, said on Tuesday that it had raised $1.05 billion in an investment led by Japan's SoftBank.

CNBC - Technology - 1 day ago

BP plans cost cutting alongside multi-billion payday for investors

New CEO at FTSE 100 oil multinational points to $2 billion in ‘cash cost savings’

Evening Standard - Business - 1 day ago

Amazon Says Will Invest $9 Billion In Singapore

Amazon said Tuesday it would invest US$9 billion in Singapore over the next four years to expand its cloud computing capabilities in the city.

International Business Times - Business - 1 day ago

The $23 billion deal that shines a light on a big threat to China

The takeover of US Steel is turning into a political nightmare, and the effects could be widespread.

Sydney Morning Herald - Opinion - 2 days ago

Google Defends Its $20 Billion Payoff to Apple in Antitrust Suit Closing Arguments

The most significant antitrust trial in 25 years is drawing to a close in Washington, with Google making its final stand against the DOJ's efforts to break the tech giant's death grip on online search.

Breitbart - Technology - 4 days ago

Guo Wengui chief of staff pleads guilty to $1 billion fraud conspiracy in New York

Guo Wengui, an associate of Trump White House advisor Steve Bannon, is due to stand trial in the fraud case in New York federal court in several weeks.

CNBC - US News - 4 days ago

Apple stock has best day since 2022 after earnings beat, $110 billion buyback

Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.

CNBC - Technology - 4 days ago

London Drugs reviewing billions of lines of code as it attempts to recover from cybersecurity incident -- News -- - -- Canada -- - -- British Columbia -- |

London Drugs says its phone lines are working again, days after being taken offline in response to a cybersecurity incident, while Canada Post offices inside its stores are also up and running again.

CBC News - Business - 4 days ago

Apple sets largest-ever $110 billion share buyback as iPhone sales drop 10%

Apple CEO Tim Cook told CNBC that quarterly sales suffered from a difficult comparison to the year-earlier period.

CNBC - Technology - 5 days ago

Microsoft will invest $2.2 billion in cloud and AI services in Malaysia

Microsoft CEO Satya Nadella says the company will invest $2.2 billion over the next four years in new cloud and artificial intelligence infrastructure in Malaysia.

AP News - Technology - 6 days ago

Philips Agrees to Pay $1 Billion to Patients Who Say They Were Injured by Breathing Machines

The proposed settlement will effectively end more than 700 lawsuits filed after the 2021 recall of millions of the company’s widely used sleep apnea devices and ventilators.

ProPublica - Top Stories - 7 days ago

CBS Reports - Anything for Love: The Romance Scam Epidemic - Romance scammers drain billions of dollars from people seeking love, and their tactics have evolved in sinister ways in the online age. CBS News goes inside this devastating epidemic unfolding largely in secret, following the journey of an Illinois woman seeking answers after her mother's mysterious death. Apr 28 - 21:41

Romance scammers drain billions of dollars from people seeking love, and their tactics have evolved in sinister ways in the online age. CBS News goes inside this devastating epidemic unfolding largely in secret, following the journey of an Illinois woman seeking answers after her mother’s mysterious death.

CBS News - Top Stories - 8 days ago

Philips will pay $1.1 billion to resolve US lawsuits over breathing machines that expel debris

Medical device maker Philips will pay $1.1 billion to settle personal injury lawsuits in the U.S. over its defective sleep apnea machines.

AP News - Health - 9 days ago

Amazon's cloud-computing arm to invest US$11-billion in Indiana to build data centres -- April 25, 2024

The announcement by Amazon Web Services on Thursday builds on the online retail giant’s already strong presence in Indiana, where it employs 26,000 full– and part-time staff

The Globe and Mail - Technology - 9 days ago

'Opportunistic': Anglo American rejects BHP's $60 billion takeover bid

Australia’s largest mining company will face pressure to sweeten the terms of a $60 billion bid to buy rival Anglo American amid warnings it could fall short.

Sydney Morning Herald - Business - 12 days ago

America's billion-dollar bet on US chipmaking

Joe Biden is desperate to bring advanced chipmaking to the country, and is willing to pay a lot for it. Using the CHIPS Act, the government is splurging billions to lure manufacturers. But can they compete with Taiwan?

Deutsche Welle - Business - 12 days ago

Meta shares slump as Zuckerberg plans to invest billions more in AI

Tech giant plans to invest heavily in building AI infrastructure like data centres

Independent UK - Technology - 13 days ago

U.S. Senate approves $95 billion aid package for Israel, Taiwan, Ukraine

Vote passes with overwhelming 80 to 19 majority to send $26 billion to Israel, $61 billion to Ukraine and $8.12 billion to Taiwan; Biden vows to sign bill into law

YNET News - World - 14 days ago

'Neutral' Switzerland blocking $14 billion worth of Russian assets

The Swiss government has revealed a sharp drop in the value of blocked funds owned by Russian nationals

Russia Today - Business - 14 days ago

Australian PM calls Elon Musk 'arrogant billionaire'

Australian court ruled X take down footage of violent stabbing in Sydney church

Independent UK - Technology - 15 days ago

Memory chip maker Micron set to receive $6.1-billion in grants from U.S. -- April 18, 2024

The award, which is not yet finalized, will fund chipmaking facilities in New York and Idaho from the CHIPS & Science law, U.S. Senator Chuck Schumer said

The Globe and Mail - Technology - 16 days ago

After $1.5 billion was spent, the centerpiece of Paris' Olympic efforts may still be too filthy to use

“Don’t drink the water. You can swim, but don’t drink,” one local swimmer told NBC News.

NBC News - Top Stories - 16 days ago

More damage control than deterrence in death sentence for Vietnam's $12 billion fraudster

Truong My Lan’s huge fraud scheme reached its peak during Hanoi’s vaunted ‘blazing furnace’ anti-corruption drive.

Radio Free Asia - Opinion - 20 days ago

Recreational buyers push Arizona weed sales past $1.43 billion in 2023

Recreational sales are leaving medical sales in the dust, scoring another billion dollar year for bud.

Phoenix New Times - Top Stories - 22 days ago

Moon turned 'inside out' billions of years ago, researchers say

New information on the moon‘s evolution suggests that it may have turned itself inside out, according to NASA researchers. Simulations conducted by NASA show the moon’s mantle, the layer of hot rock beneath the moon’s crust, overturning. The exact cause of this is unknown, but the event is believed to have happened about 4.22 billion years ago. However, researchers do believe it was potentially caused by the same asteroid that created the South Pole-Aitken basin.

Independent UK - Science - 27 days ago

36 Israelis make the Forbes Billionaires list for 2024; Who is num. 1?

Five new Israelis make the list including the four founders of WIZ and the founder of Monday.com indicating the prominence of the tech industry in billionaire making; richest man on earth remains Bernard Arnault

YNET News - Business - 1 month ago

This Australian billion-dollar luxury fashion retailer has taken the world by storm. But read the fine print

Cettire has dazzled both well-heeled shoppers and investors with its bargains and extraordinary growth, but it has also become the most polarising success story on the ASX.

Sydney Morning Herald - Business - 1 month ago

Israeli high-tech raises $3.1 billion since beginning of war

Startup Nation Central report highlights despite facing significant challenges, including 15% of workforce being called up for reserve duty and near total air blockade on Israel, local startups continue to thrive

YNET News - Business - 1 month ago

Israel ranks among top 20 countries with most billionaires

Israel adds nine new billionaires despite war, according to Hurun global wealth ranking; even the veterans on the list improved their positions

YNET News - Business - 1 month ago

The VA and DoD Don't Have a Funding Problem. They Have a Mismanagement Crisis. -- The $328.1 billion 2024 budget for the Department of Veterans Affairs is the largest in agency history. President Joe Biden's...

The $328.1 billion 2024 budget for the Department of Veterans Affairs is the largest in agency history. President Joe Biden's 2025 budget for the VA asks for yet another increase to $369.3 billion.

Military.com - US News - 1 month ago

Russia exodus costs foreign firms over $107 billion

The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in writedowns and lost revenue, a...

Daily Sabah - Business - 1 month ago

Raising the Stakes | CBS Reports -- As more states legalize gambling, online sportsbooks have spent billions courting the next generation of bettors. And now, as mobile apps offer 24/7 access to placing wagers, addiction groups say more young people are seeking help than ever before. CBS Reports explores what experts say is a hidden epidemic lurking behind a sports betting bonanza that's leaving a trail of broken lives.

As more states legalize gambling, online sportsbooks have spent billions courting the next generation of bettors. And now, as mobile apps offer 24/7 access to placing wagers, addiction groups say more young people are seeking help than ever before. CBS Reports explores what experts say is a hidden epidemic lurking behind a sports betting bonanza that's leaving a trail of broken lives.

CBS News - Top Stories - 1 month ago

Rafael ends 2023 with record sales of NIS 14 billion

2023 orders totaled NIS 52 billion, with a net profit of NIS 588 million, as sales in the fourth quarter reached NIS 4.5 billion, primarily comprising international orders but also influenced by the war in Gaza

YNET News - Business - 1 month ago

Israel's new $1 billion reconnaissance aircraft fully operational

Israel's advanced Oron spy plane, capable of multifaceted military and espionage missions, now operational across several Israeli armed forces units

YNET News - Technology - 1 month ago

OpenAI, creator of ChatGPT, on trajectory to bring in $1 billion

OpenAI, the firm that made AI chatbot ChatGPT, will reportedly bring in 10 figures of revenue on its current trajectory, according to a Tuesday report from The Information.

Fox News - Business - 1 month ago

The $324 Billion Stage Three Tax Cuts Are Changing ... For the Better?

Anthony Albanese says “everyone will be getting a tax cut,” as part of new changes to the controversial stage three tax cuts. But the rich will still be better off.

VICE News - Business - 3 months ago

NASA Eyes Billion-Dollar Space Vehicle to Avert International Space Station's Uncontrolled Reentry -- Companies have until March 4 to propose their plans for what NASA is calling the United States Deorbit Vehicle to try to...

Companies have until March 4 to propose their plans for what NASA is calling the United States Deorbit Vehicle to try to safely bring the International Space Station back to Earth.

Military.com - Technology - 3 months ago

British AI entrepreneurs amassed a $3 billion fortune in 2023

The 10 richest British AI entrepreneurs now have a combined net worth of more than £2.3 billion ($3 billion), according to new analysis by the Evening Standard, in a sign that the UK’s growing artificial intelligence industry is set to generate huge wealth for the economy.

Evening Standard - Business - 4 months ago

Elon Musk says advertiser boycott at X could "kill the company" -- The billionaire owner of X took a defensive tone, saying that "the whole world will know that those advertisers killed the company."

The billionaire owner of X took a defensive tone, saying that "the whole world will know that those advertisers killed the company."

CBS News - Business - 5 months ago

This Billion-Dollar Plan to Save Salmon Depends on a Giant Fish Vacuum

Many endorse opening dams and letting fish coast the natural current as the best way to avoid extinction. The U.S. Army Corps of Engineers has other ideas.

ProPublica - Environment - 5 months ago

A Texas Billionaire's Associates Are Trying to Sink a School Tax Election via Their Dark Money Nonprofit

Tim Dunn’s public policy groups have helped ensure that tax hike language is attached to school bonds in the state. Now, that language is being used to undercut support for a bond in his hometown of Midland.

ProPublica - Politics - 6 months ago

Abramovich flew to Ankara, might sell Chelsea FC to Turkish billionaire: report

Russian billionaire Roman Abramovich, the owner of the Chelsea Football Club, flew to Turkey on Wednesday, as he aims to finalize the sale of Chelsea, according to a special report by the Dailymail news website.

Turkish Minute - Sports - 9 months ago

Senators Ask Billionaire Paul Singer and Power Broker Leonard Leo for Full Accounting of Gifts to Supreme Court Justices

The letters cite ProPublica’s reporting on an undisclosed private jet flight and Alaska fishing vacation provided to Justice Samuel Alito.

ProPublica - Politics - 9 months ago

It Will Cost Up to $21.5 Billion to Clean Up California's Oil Sites. The Industry Won't Make Enough Money to Pay for It.

An expert used California regulators’ methodology to estimate the cost of cleaning up the state’s onshore oil and gas industry. The study found that cleanup costs will be triple the industry’s projected profits.

ProPublica - Environment - 11 months ago

Credit Suisse unveils 'radical' strategy as 3Q loss hits $4 billion; to reduce risk, staff numbers & expenses

The Zurich-based bank announced intentions to reduce risk, staff numbers, and expenses. As it disclosed a third-quarter loss of 4 billion Swiss francs ($4.1 billion), it also announced that it will revive the CS First Boston investment bank brand, which was long a 'stalwart' of Wall Street

First Post - Business - 1 year ago

Is Elon Musk a Bad Billionaire Buddy?

The Wall Street Journal reports that Musk had an affair with the wife of his longtime friend and fellow billionaire, Google co-founder Sergey Brin.

New York Magazine - Business - 1 year ago

The Billionaires Tax Isn't New

Taxing billionaires on their wealth may sound novel, but the ideas behind it are already frequently used in the tax code.

ProPublica - Politics - 2 years ago

Facebook Grew Marketplace to 1 Billion Users. Now Scammers Are Using It to Target People Around the World.

ProPublica identified thousands of Marketplace listings and profiles that broke the company’s rules, revealing how Facebook failed to safeguard users.

ProPublica - Technology - 2 years ago