Alibaba-backed startup Moonshot AI valuation up $500 million: sources
Pictured here is Moonshot AI’s Kimi chatbot displayed on a smartphone. Bloomberg | Bloomberg | Getty Images BEIJING — An Alibaba-backed…
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A 5 million percent return
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David…
Kraken confidentially files for IPO following $800 million raise
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Kraken confidentially filed to…
Buyers of Radio Shack, Pier 1 Imports and other brands accused of running $112 million Ponzi scheme
A pair of e-commerce entrepreneurs who bought a number of well-known retail brands — including RadioShack, Modell’s Sporting Goods and…
Trump unveils “Gold Card” fast-track visas for $1 million
President Trump signed an executive order Friday to offer up fast-track “Gold Card” visas to people willing to pay $1…
Payments for Facebook’s $725 million privacy settlement are starting. Here’s what to know.
If you filed a claim in Facebook’s $725 million privacy settlement, you could soon get a payment, according to the…
Serena Williams invests in women’s basketball league Unrivaled, now valued at $340 million
Serena Williams has set her sights on new playing court: basketball. The retired tennis star has invested in the women’s…
Cracker Barrel loses almost $100 million in value as stock plunges after new logo release
Cracker Barrel shed almost $100 million in market value Thursday after its stock plunged following the release of a new…
American Express to Pay $230 Million to Settle Deceptive Marketing Claims
American Express said on Thursday that it would pay $230 million to settle civil and criminal allegations that the company…
CFPB fines Equifax $15 million over errors on credit reports
Elijah Nouvelage/Bloomberg via Getty Images The Consumer Financial Protection Bureau fined Equifax $15 million over errors tied to consumer credit…