Twitter’s new owner and Tesla CEO Elon Musk sold nearly $4 billion worth of Tesla shares, according to regulatory filings. Musk, who bought Twitter for $44 billion, sold 19.5 million shares of the electric car company from Nov. 4 to Nov. 8, according to Tuesday’s filings with the Securities and… Read More
Health insurance company subjected to big hack
Client data from Medibank, Australia’s largest health insurer, was released by an extortionist on Wednesday, including details of HIV diagnoses and drug abuse treatments, after the company refused to pay a ransom for the personal records of almost 10 million current and former customers. The material released on the dark… Read More
Sean Penn loans Oscar to Zelenskyy until Ukraine wins war
Actor Sean Penn, who is making a documentary about Russia’s invasion of Ukraine, has loaned one of his two Oscars to Ukrainian President Volodymyr Zelenskyy and told him: “When you win, bring it back to Malibu.” Zelenskyy’s office on Wednesday released the video of the encounter during Penn’s most recent… Read More
T. rex skull unearthed in South Dakota to be auctioned in NY
A Tyrannosaurus rex skull unearthed in South Dakota is expected to sell for $15 million or more at auction in New York next month, officials with Sotheby’s said Tuesday. The 200-pound (91-kilogram) skull fossil, nicknamed Maximus, is being sold Dec. 9 by an owner who wishes to remain anonymous, the… Read More
Zuckerberg follows in Elon Musk’s footsteps…
acebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday. The job cuts come just a week after widespread layoffs at Twitter under its new owner,… Read More
Powerball ticket snags $2.04B for a lucky resident of this state
Someone who bought a Powerball ticket in Southern California has won a record $2.04 billion Powerball jackpot after more than three months without anyone hitting the top prize. The winning numbers were selected Tuesday morning, nearly 10 hours after the scheduled Monday night drawing because of problems processing sales data… Read More
Adidas announces big CEO shakeup after dropping Kanye
Adidas has appointed Bjørn Gulden, the CEO of rival Puma, as its new chief executive, and he will take over the German sportswear brand in January as the company weathers the fallout from its split with the rapper formerly known as Kanye West. Gulden will replace Kasper Rorsted, Adidas’ CEO… Read More
Huge $1.9 billion Powerball lottery results delayed
The record-breaking $1.9 billion Powerball drawing was delayed because a participating lottery had issues processing sales and it’s likely that the results won’t be known until later Tuesday, officials said. “Powerball requires all 48 participating lotteries to submit their sales and play data prior to the winning numbers being selected…. Read More
People magazine to name another Avenger as Sexiest Man Alive
Chris Evans may have put down Captain America’s shield but he’s got a new badge of honor: he’s been named People magazine’s Sexiest Man Alive. People’s selection was announced Monday night on Stephen Colbert’s late night show and on the magazine’s website. Evans, who for nearly a decade played Captain… Read More
Markets in holding pattern ahead of election, inflation data
Wall Street is essentially flat before the opening bell Tuesday with Americans heading to the polls to vote in the midterm elections that are being heavily influenced by inflation, with more data on that front arriving this week. Futures for the S&P 500 moved 0.16% higher, and the Dow Jones… Read More
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