Tag Archives: Billion

KBC Hole: We Might Be Living Inside A 2 Billion Light-Year Void

KBC Hole: We Might Be Living Inside A 2 Billion Light-Year Void

In 1981, while conducting a redshift survey of the distribution of galaxies, astronomers spotted something (or nothing) that they weren’t expecting. “[W]e discovered that the redshift distributions in each of the three northern fields showed an identical 6,000 [kilometers per second] gap. Because these fields were separated by angles of ~35°, this suggested the existence of a large void in …

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Crypto liquidations top $1.1 billion as bitcoin enters “corrective phase”

Crypto liquidations top .1 billion as bitcoin enters “corrective phase”

Total liquidations in the crypto market exceeded $1.1 billion on Thursday, sparing no tokens, and prompting Glassnode analysts to say bitcoin “shows signs of exhaustion.” “Bitcoin has entered a corrective phase after the FOMC-driven rally, showing signs of ‘buy the rumor, sell the news’ dynamics. The broader market structure points toward fading momentum,” the analysts wrote. Bitcoin dipped below $109,000 …

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Bitcoin, Ethereum and Dogecoin Dive as Crypto Liquidations Top $1 Billion

Bitcoin, Ethereum and Dogecoin Dive as Crypto Liquidations Top  Billion

In brief Liquidations topped $1.1 billion, most of the them long positions. Bitcoin was down 3.6% over the past 24 hours and nearly 7% for the week. Glassnode said that crypto markets were showing “signs of exhaustion.” Major digital coins including Bitcoin, Ethereum, and Dogecoin plunged on Thursday, with liquidations over a 24-hour period topping $1 billion.  Bitcoin, the leading …

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Soybean farmers feel betrayed as Argentina blows a hole in rural America’s $47 billion soybean bonanza

Soybean farmers feel betrayed as Argentina blows a hole in rural America’s  billion soybean bonanza

President Donald Trump counts U.S. farmers as one of his most loyal constituencies, but the administration’s recent move to expand economic support for Argentina has drawn the ire of the agriculture industry. Treasury Secretary Scott Bessent said on social media on Wednesday that he and Trump spoke at length with Argentina president Javier Milei about plants to financially support Argentina …

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Amazon Will Pay $2.5 Billion to Settle FTC Suit That Alleged ‘Dark Patterns’ in Prime Sign-Ups

Amazon Will Pay .5 Billion to Settle FTC Suit That Alleged ‘Dark Patterns’ in Prime Sign-Ups

In the six-year time frame established in the settlement, anyone who “unsuccessfully attempted” to cancel their Prime subscription online is eligible to get paid up to $51 from Amazon. People who signed up for Prime during that same period can also get up to $51 if they signed up through a “challenged enrollment flow”—a page with a confusing interface that …

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US judge preliminarily approves $1.5 billion Anthropic copyright settlement – Reuters

US judge preliminarily approves $1.5 billion Anthropic copyright settlement  Reuters Judge in Anthropic copyright case preliminarily approves $1.5 billion settlement with authors  CNBC Judge approves $1.5 billion copyright settlement between AI company Anthropic and authors  ABC News – Breaking News, Latest News and Videos Judge endorses Anthropic’s $1.5 bn copyright settlement  Barron News-Shield Plaintiffs Propose Plan for Landmark $1.5 Billion Copyright Settlement Process with …

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NFL’s New England Patriots Selling 8% Stake at $9+ Billion Valuation

NFL’s New England Patriots Selling 8% Stake at + Billion Valuation

The New England Patriots have reached an agreement to sell an 8% stake in the franchise at a valuation exceeding $9 billion, according to multiple people familiar with the details. The buyers are Sixth Street and billionaire Dean Metropoulos. Sixth Street is buying 3%, while Metropoulos will own 5%. The Kraft family will still own more than 90% of the …

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Trump signs order declaring TikTok sale ready and values it at $14 billion – Reuters

Trump signs order declaring TikTok sale ready and values it at $14 billion  Reuters Trump Signs Executive Order Related to TikTok Deal  The New York Times TikTok staff ‘scared for their jobs’ as Donald Trump signs executive order, $14B deal in motion  Hindustan Times Trump signed executive order on TikTok deal. But the deal isn’t complete  CNN Oracle, Silver Lake and MGX will be …

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Alibaba (BABA) Stock Rallies as $53 Billion AI Push and Nvidia Deal Spark Investor Interest

Alibaba (BABA) Stock Rallies as  Billion AI Push and Nvidia Deal Spark Investor Interest

Alibaba Group (BABA) shares rose 8.19% on Wednesday after the company said it will increase its artificial intelligence budget beyond its earlier $53 billion plan. The update came at the Apsara Conference, where Chief Executive Officer Eddie Wu noted that global investment in the sector could reach $4 trillion over the next five years. He stressed that Alibaba must keep …

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