Tag Archives: billion

MacKenzie Scott, philanthropist and former wife of billionaire and Amazon (AMZN) CEO Jeff Bezos, announced on Tuesday that she donated another $2.74 billion to charity.  Scott has donated a total of $8.5 billion since July 2020. “Me, Dan [Jewett, Scott’s new husband], a constellation of researchers and administrators and advisors — we are all attempting to give away a fortune that was enabled by systems in need of change,” Scott wrote in a Medium post titled ‘Seeding by Ceding’…. Source link

Google Chrome is by far the world’s most popular browser with well over two billion users, but all those users need to be high alert because Google has just issued an urgent upgrade warning.  Google Chrome users are being urged to upgrade after a serious vulnerability was found in the … [+] browser LightRocket via Getty Images ADVERTISEMENT MORE FROM FORBESGoogle’s New Tab Groups Reinvigorate Chrome BrowserBy Gordon Kelly Picked up by BleepingComputer, a new ‘zero… Source link

(Bloomberg) — Gold will surge to fresh highs in the next year, but investors seeking currency alternatives as global debt balloons should look to Bitcoin, according to a $7.5 billion hedge fund. Both are likely to rally even as the Federal Reserve moves to taper asset purchases, said Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital. The two are frequently compared by investors, with former Treasury Secretary Lawrence Summers saying cryptocurrencies… Source link

Bloomberg Rate-Hike Bets in Emerging Markets Getting Excessive, Funds Say (Bloomberg) — When it comes to betting on higher borrowing costs in the developing world, some investors may be getting ahead of themselves.In markets from South Africa to Mexico and South Korea, traders are penciling in a faster pace of interest-rate hikes than what economists say is currently warranted based on the inflation outlook.“Almost all of them are overpricing tightening,” said Shamaila Khan, head of… Source link

Hello! Here’s what happened today in European Tech. Deals – Israeli ad-tech company Tremor has filed for an IPO on Nasdaq, after its share price has risen by almost 500% on the London Stock Exchange over the past year to a market cap of about £1.1 billion. – Planet, a Galway-based fintech company, has secured investment from Advent International, a private equity firm. Existing shareholder Eurazeo has sold a portion of its stake to Advent. The deal, according to Eurazeo,

A rendering of a public gathering space for Google’s planned Downtown West campus Google After four years of planning meetings, including over 100 community sessions, the multi-purpose campus for Google received unanimous approval this week from the San Jose City Council. The 80-acre site will bring 4,000 residential units plus 7.3 million square feet of office space. The office buildings are to provide space for an estimated 20,000 workers. While all the land in the project… Source link

TipRanks Nio vs. Tesla: Investors on the Fence The race for global EV supremacy is on, and growth investors have quite the range of options to choose from in the EV sector. The adoption of EVs is set to continue to accelerate over time. The EV sector is expected to grow at a CAGR of 29% from 2021 to 2026. As such, growth investors have flocked to both Tesla (TSLA) and Nio (NIO) as the beneficiaries of this incredible growth catalyst. Now, the question most investors have on their minds is:… Source link

TipRanks Goldman Sachs: These 3 Stocks Are Poised to Surge by Over 100% Markets are beset by volatility, with unpredictable swings making recent sessions something of a roller coaster. The main indexes were falling sharply at the end of last week, but Friday’s release of economic data showing strong manufacturing activity provided a boost that pared back the market losses somewhat. The recent earnings season also gave reason for optimism – the S&P listed companies, collectively, reported… Source link

By Jonathan Stempel (Reuters) – McDonald’s Corp was sued on Thursday for at least $10 billion by two companies owned by media entrepreneur Byron Allen, who accused the fast-food chain of racial discrimination for not advertising enough with Black-owned media outlets. The complaint filed in Los Angeles County Superior Court said McDonald’s violated federal and state civil rights laws through its “racial animus and racial stereotyping” in allocating ad dollars. According to the complaint,… Source link

Coinbase Global, Inc. (“Coinbase”) (Nasdaq: COIN) today announced its intention to offer, subject to market conditions and other factors, $1.25 billion aggregate principal amount of Convertible Senior Notes due 2026 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended (the “Securities Act”). Coinbase also expects to grant the initial purchasers of… Source link