$1 Billion Bloomberg Gift to Hopkins Makes Tuition Free for Most Medical Students The gift, made by Michael R. Bloomberg’s philanthropic organization, will also cover living expenses for some Johns Hopkins University students.

‘The Bear’ served up more than 1.2 billion minutes watched during its first full week in release on Hulu submitted by /u/indig0sixalpha

Elon Musk Is Losing $5 Billion A Month This Year Good morning! It’s Friday, July 5, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Read more…

Tesla short sellers lost $3.5 billion in two days of trading after deliveries report With Tesla’s stock close to wiping out its losses for the years, investors betting for a decline have had a rough week.

Investors Pour $27.1 Billion Into A.I. Start-Ups, Defying a Downturn Funding for A.I. firms made up nearly half the $56 billion in U.S. start-up financing from April to June, according to PitchBook.

Paramount in Talks to Sell BET Network for $1.6 Billion submitted by /u/indig0sixalpha

Collapsed bitcoin exchange Mt. Gox is about to unload $9 billion of coins onto the market. Here’s what it means Bitcoin investors are spooked by anticipation of an imminent Mt. Gox payout to victims of a 2014 hack on the exchange that led to its collapse.

SoftBank shares rise on $1.86 billion debt offering as CEO talks up ‘super’ AI Softbank, which has a huge technology investment arm called the Vision Fund, has suggested it is looking to ramp up investments in artificial intelligence.

Sunday Ticket jury orders NFL to pay fans $4.7 billion in damages Illustration by Alex Castro / The VergeThe NFL has been hit with a $4.7 billion verdict in a class action antitrust lawsuit filed on behalf of residential and commercial customers who paid for its Sunday Ticket package on DirecTV from 2011 through 2022. Originally filed in 2015 by the Mucky Duck sports bar, the lawsuit claimed that the league a…

Volkswagen’s $5 Billion Investment In Rivian Has Some Experts Concerned About Scout’s Planned Revival Rivian builds some outstanding electric vehicles. It also recently announced several new models, including the incredibly desirable R3X. To make those vehicles happen, though, Rivian needed money, and this week it announced that Volkswagen would invest up to $5 billion in the startup. That’s great news for Rivian and… Read more…

Volkswagen Will Invest Up to $5 Billion in EV Maker Rivian VW and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies.

VW will invest $5 billion in Rivian as part of new joint venture Volkswagen is investing $5 billion in Rivian as part of a new joint venture that will give the German auto giant access to the buzzy California EV company’s software and EV platform. The new venture was announced in a post from Rivian CEO RJ Scaringe, who noted the investment will help the company bring its next generation R2 electric vehicle to…

Hamas Skimmed $1 Billion in UN Aid for Weapons and Tunnels, Suit Says About 100 Israelis sued the United Nations Relief and Works Agency, saying it pays local employees in dollars that buoy the terrorist group. But the case faces high legal hurdles.

Queen makes history with $1.2 billion music catalog sale submitted by /u/stroh_1002

Queen Catalog to Be Acquired by Sony Music for £1 Billion submitted by /u/indig0sixalpha

From $40 billion fraud to $4.5 billion settlement: Inside the latest crypto firm paying big bucks to end legal trouble Do Kwon’s Terraform Labs the latest crypto villain to settle with the U.S.

Tesla Investors Voted For Elon Musk’s $45 Billion Pay Package, But He Won’t Get It Yet It seems like 1,000 years since Tesla began the drive to return Elon Musk’s $56 billion — sorry, $45 billion now that shares have dropped — payday, after it was struck down as “unfathomable” by a Delaware court. As of yesterday, the tally is finally in: Tesla investors want the CEO to get every single share promised… Read more…

HLG Down Over 60% as Exploiter Mints 1 Billion New Tokens The team behind the Holograph (HLG) said they have patched the exploit and is working with centralized exchanges to freeze accounts affiliated with the exploiter

Tesla shareholders vote to reinstate Elon Musk’s $56 billion pay package At Tesla’s annual meeting on Thursday, shareholders were asked to vote on a dozen proposals, including CEO Elon Musk’s 2018 pay package.

Elon Musk Says He Has The Votes For His $56 Billion Tesla Pay Package Good morning! It’s Thursday, June 13, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Read more…