Finance
Older adults with dementia misjudge their financial skills – which may make them more vulnerable to fraud, new research finds
Older adults with dementia misjudge their financial skills – which may make them more vulnerable to fraud, new research finds Older adults with dementia often misjudge their financial skills, making them more vulnerable to fraud. A recent study found that people without dementia are generally aware of their financial abilities and this awareness improves over […]
🏥 Health
Anne Wojcicki is taking back control of 23andMe
Anne Wojcicki is taking back control of 23andMe Anne Wojcicki is buying back 23andMe after it filed for Chapter 11 bankruptcy protection earlier this year. The new purchase agreement is worth $305 million, following a final round of bidding between TTAM and Regeneron Pharmaceuticals. Regeneron was initially set to buy 23andMe for $256 million, but […]
💻 Technology
OpenAI Claims It Reached $10 Billion In Annual Revenue
OpenAI Claims It Reached $10 Billion In Annual Revenue OpenAI has reached $10 billion in annual recurring revenue (ARR), up from $5.5 billion last year, driven by its ChatGPT business products and developer API. The company now serves over 500 million weekly active users and aims to achieve $125 billion in revenue by 2029. OpenAI […]
💻 Technology
Public health and private equity: What the Walgreens buyout could mean for the future of pharmacy care
Public health and private equity: What the Walgreens buyout could mean for the future of pharmacy care Walgreens’ recent acquisition by private equity firm Sycamore Partners for $10 billion marks a significant turning point for the pharmacy chain, which has faced financial pressures and declining sales in recent years. The deal raises questions about Sycamore’s […]
🏥 Health
Trump’s media company says it’s buying $2.5 billion in Bitcoin
Trump’s media company says it’s buying $2.5 billion in Bitcoin President Donald Trump’s media company, Truth Social, plans to buy $2.5 billion worth of Bitcoin through a partnership with approximately 50 institutional investors. The company will use the funds to establish a large holding of Bitcoin and has partnered with Crypto.com and Anchorage Digital to […]
📰 News
Apple doesn’t seem too worried about Trump’s tariffs
Apple doesn’t seem too worried about Trump’s tariffs Apple reported its latest quarterly earnings, with overall revenue reaching $95.4 billion, a 5% jump from the previous year, and services reaching an all-time high. The company’s iPhone, Mac, and iPad businesses performed well due to new product releases, including the refreshed iPad Air tablet, which saw […]
💻 Technology
Mark Zuckerberg is planning a premium tier and ads for Meta’s AI app
Mark Zuckerberg is planning a premium tier and ads for Meta’s AI app Meta CEO Mark Zuckerberg plans to introduce a premium tier for its AI app, similar to rivals like OpenAI, Google, and Microsoft. The premium tier will offer users more compute or additional functionality, with Meta aiming to compete with ChatGPT and other […]
💻 Technology
US colleges and universities have billions stashed away in endowments − a higher ed finance expert explains what they are
US colleges and universities have billions stashed away in endowments − a higher ed finance expert explains what they are US colleges and universities have billions stashed away in endowments, which are pools of financial investments that produce a revenue stream. The endowments are typically tax-deductible for donors who itemize their tax returns, but some […]
📚 Education
Endowments aren’t blank checks – but universities can rely on them more heavily in turbulent times
Endowments aren’t blank checks – but universities can rely on them more heavily in turbulent times Harvard University is facing pressure from the Trump administration to change its policies or lose out on billions of dollars in federal funding, specifically over allegations of violating students’ civil rights. The university’s endowment, valued at over $53 billion, […]
📰 News
Trump’s attacks on central bank threaten its independence − and that isn’t good news for sound economic stewardship (or battling inflation)
Trump’s attacks on central bank threaten its independence − and that isn’t good news for sound economic stewardship (or battling inflation) Central bank independence is under threat from politicians who want to influence monetary policy decisions. The US Federal Reserve, for example, has been criticized by President Trump, who has implied that he could fire […]
🏛️ Politics