Space startup Varda raises $187 million to make drugs in orbit

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Pavlo Gonchar | Lightrocket | Getty Images Space startup Varda announced on Thursday that it has raised $187 million in Series C funding, led by venture capital firms Natural Capital and Shrug Capital, to continue advancing drug manufacturing in space. The latest round included participation from Peter Thiel, Lux Capital, Khosla Ventures and Caffeinated Capital. […]


The $5 million Trump Card faces legal challenges, limited market

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U.S. President Donald Trump holds “The Trump Card” as he speaks with journalists onboard Air Force One en route to Miami, Florida, U.S., April 3, 2025. Kent Nishimura | Reuters A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to […]


How Vera Rubin Telescope Scientists Will Deal With 60 Million Billion Bytes of Imagery

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It was not that long ago that astronomers would spend a night looking through a telescope, making careful observations of one or a few points of light. Based on those few observations, they would extrapolate broad generalizations about the universe. “It was all people could really do at the time, because it was hard to […]


Anne Wojcicki to buy back 23andMe and its data for $305 million

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23andMe founder Anne Wojcicki speaks during a House Committee on Oversight and Government Reform hearing in Washington, D.C., on June 10, 2025. Andrew Harnik | Getty Images Anne Wojcicki, the co-founder and former CEO of 23andMe, has regained control over the embattled genetic testing company after her new nonprofit, TTAM Research Institute, outbid Regeneron Pharmaceuticals, […]


Shaq to pay $1.8 million to settle FTX investor lawsuit

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Shaquille O’Neal sits on the bench before the game between the Indiana Pacers and the New York Knicks during Game 2 of the 2025 Eastern Conference Finals at Madison Square Garden in New York City, New York, on May 23, 2025. Jesse D. Garrabrant | National Basketball Association | Getty Images Shaquille O’Neal has agreed […]


Nintendo sees record 3.5 million sales of its Switch 2 console

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Nintendo Switch 2 controllers are displayed during at the Nintendo New York store on June 4, 2025, for a launch event ahead of the video game hybrid console’s midnight release. David Dee Delgado | AFP | Getty Images Nintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four […]


Steph Curry’s Thirty Ink generated $174 million in 2024 revenue

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Steph Curry’s Gentleman’s Cut bourbon. Courtesy: Gentleman’s Cut Steph Curry is one of the greatest basketball players ever, and judging by his company’s financials, he’s off to a pretty good start in the business world. Curry is the CEO of Thirty Ink, a house-of-brands conglomerate that owns companies including Unanimous Media, Gentleman’s Cut bourbon and […]


Snowflake to buy database startup Crunchy Data for about $250 million

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Sridhar Ramaswamy, CEO of Snowflake, speaks at the Semafor World Economy Summit in Washington on April 25, 2025. Tasos Katopodis | Semafor | Getty Images Data analytics software maker Snowflake said Monday it has agreed to buy Crunchy Data, a startup that offers cloud-based database software. Snowflake will pay about $250 million, according to a […]


Paramount has offered $15 million to settle CBS lawsuit with Trump: report

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A month into negotiations, Paramount Global has offered $15 million to settle US President Donald Trump’s lawsuit against CBS News, but the parties remain far apart on terms, the Wall Street Journal reported on Wednesday, citing people familiar with the situation. Trump’s team wants more than $25 million and is also seeking an apology from […]


At Trump’s $148 million meme coin dinner, ‘the food sucked,’ attendee says

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Crypto investor Nicholas Pinto attends President Donald Trump’s gala dinner for people who spent the most money on Trump’s meme coin, $TRUMP, in a contest, at Trump National Golf Club in Potomac Falls, Virginia, May 22, 2025. Nicholas Pinto The price of President Donald Trump’s meme coin plunged 16% as of Friday morning, just hours […]