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Watchdog Agency Seeks to Reverse Its Own Win Against a Crypto Firm
A financial agency has asked a federal judge to reverse its own court victory against Gemini Trust, a cryptocurrency firm whose founders are close to President Trump and have invested in Trump family ventures.The Commodity Futures Trading Commission, which...
Google engineer used confidential info to win $1.2M in Polymarket bets, feds say
A longtime Google security engineer has been accused of using confidential company data to place illicit Polymarket bets that won him $1.2 million – the latest alleged case of insider trading on a prediction market, according to federal prosecutors. Michele...
Trump Refiles $10 Billion Lawsuit Against The Wall Street Journal
President Trump on Wednesday refiled his $10 billion defamation lawsuit against the publisher of The Wall Street Journal over an article about a birthday book greeting to the sex offender Jeffrey Epstein. A judge had dismissed Mr. Trump’s previous complaint.The...
Nvidia’s Jensen Huang joins advisory board of China’s prestigious Tsinghua University: report
Nvidia CEO Jensen Huang has reportedly joined a prominent advisory board of a top university in Beijing – his latest step to cultivate close ties with China despite the country’s tense relationship with the Trump administration. Huang, 63, will serve on the...
Fertitta Entertainment agrees to buy Caesars Entertainment for $17.6 billion
The man dubbed the “world’s richest restauranteur” is taking over one of the biggest names on the Las Vegas Strip in a blockbuster $17.6 billion deal. Caesars Entertainment announced Thursday that it agreed to be acquired by Fertitta Entertainment — the...
Billionaire Tilman Fertitta buying Las Vegas Strip icon Caesars Entertainment in $18B deal
Hospitality billionaire Tilman Fertitta’s firm will buy Caesars Entertainment in a $17.6 billion deal, the companies said Thursday, expanding his leisure empire. The deal, which will take one of the Las Vegas Strip’s most prized casino operators private,...
FBI sounds alarm on phishing tool that steals Microsoft 365 accounts without passwords
The FBI is warning that a new hacking platform is allowing cybercriminals to hijack Microsoft 365 accounts — including Outlook, Teams and OneDrive — while bypassing multi-factor authentication entirely. The bureau posted a public service announcement last week...
Ferrari is raking in orders for new $640K electric vehicle despite furor over design, price tag, CEO claims
Ferrari CEO Benedetto Vigna said orders are already rolling in for the $640,000 Luce, the brand’s first fully electric vehicle – despite an explosion of criticism attacking the design and exorbitant price tag. “Look at the people writing to us, the people...
Fed’s preferred inflation gauge worsens as Iran war sends food, energy prices surging
US inflation increased at its fastest pace in three years in April, driven by higher energy prices amid the war with Iran, and cementing economists’ views that the Federal Reserve could hold interest rates unchanged well into next year. The personal consumption...
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