Spotify says it paid nearly 1,500 artists $1 million or more in 2024

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In this photo illustration, the Spotify music app is seen on a phone on June 04, 2024 in New York City. Michael M. Santiago | Getty Images Spotify is minting music millionaires. Nearly 1,500 artists generated over $1 million in royalties from Spotify in 2024, the company said Wednesday in its annual Loud and Clear […]


Trust & Will raises $25 million in funding round, UBS invests

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Trust & Will founders, Cody Barbo (CEO), Brian Lamb, and Daniel Goldstein. Courtesy: Trust & Will Legal technology company Trust & Will said Tuesday that it has raised $25 million in a Series C funding round. The San Diego-based firm, ranked No. 41 on last year’s CNBC Disruptor 50 list, has now raised $75 million to date. Trust & Will […]


Anne Wojcicki new offer to take 23andMe private for $74.7 million

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Anne Wojcicki attends the WSJ Magazine Style & Tech Dinner in Atherton, California, on March 15, 2023. Kelly Sullivan | Getty Images Entertainment | Getty Images 23andMe CEO Anne Wojcicki and New Mountain Capital have submitted a proposal to take the embattled genetic testing company private, according to a Friday filing with the U.S. Securities […]


How GoFundMe Became a $250 Million Lifeline After the L.A. Fires

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During a news conference four day after the fires began, Kathryn Barger, the chair of the Los Angeles County Board of Supervisors, said she had been forced to pay a $95 fee to the company to make a $500 donation to a friend whose home had been lost in the fire. “I was shocked,” she […]


Tesla reports $600 million profit boon from digital assets rule change

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Musk had previously said in June he was leaning towards supporting DeSantis for president in 2024. Joe Skipper | Reuters Tesla‘s bitcoin holdings led to a big pop in reported net income for the fourth quarter because of a new rule change in how companies account for digital assets. After showing a carrying value of […]


Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors

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Vanguard, the large mutual fund company, has agreed to pay $106 million in restitution to settle a securities regulatory investigation into whether the firm misled retail investors about the tax implications of changes in some of its retirement funds. The Securities and Exchange Commission announced the settlement on Friday along with a flurry of other […]


Grubhub to pay $25 million in FTC settlement over harmful practices

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An app-based delivery worker waits outside of a restaurant in New York City on July 7, 2023. Spencer Platt | Getty Images Grubhub will pay $25 million to settle a lawsuit from the Federal Trade Commission and Illinois Attorney General Kwame Raoul over allegedly unlawful practices that harmed diners, workers and small businesses, the FTC […]


Unrivaled women’s basketball league closes $28 million Series A

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Chicago Sky coach Teresa Weatherspoon calls out to players during the first half of the team’s WNBA basketball game against the New York Liberty, May 23, 2024, in New York. Frank Franklin II | AP Startup basketball league Unrivaled announced on Monday it’s closed a Series A funding round, raising an additional $28 million before […]


Former NFL great Tom Brady sells $9 million worth of watches, football items at auction dubbed ‘The GOAT Collection’

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Tom Brady sold a slew of watches and pieces from his legendary football career at auction – and the items fetched $9 million all together, according to Sotheby’s.  Dozens of items owned by the retired NFL quarterback went under the hammer at Sotheby’s on Tuesday evening, ranging from luxury designer watches and Super Bowl cufflinks […]


Rumble plans to buy up to $20 million in bitcoin in new treasury strategy

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Mustafa Ciftci | Anadolu | Getty Images Rumble, a video platform aimed at conservatives, said Monday evening that it will begin allocating a portion of its excess cash reserves to bitcoin and making purchases of up to $20 million in the cryptocurrency. Shares rose nearly 4% in extended trading. “We believe that the world is […]