“We’re not doing 30 bets a year”: Vijay Pande on betting small after running $4 billion at a16z
Vijay Pande — who left a16z's roughly $4 billion biotech practice last year to start the much smaller, AI-native VZVC — talks about why biology is fin...
Trump says U.S. has entered deal with Venezuela to take control of 65 billion barrels of oil reserves
President Trump says his administration has entered a sweeping agreement with Venezuela that could give the U.S. access to vast amounts of the South A...
Meta settles for $18 billion in lawsuit brought by 29 states over social media harms to children
The lawsuit alleged that Meta knowingly designed platforms like Instagram and Facebook to addict children, despite knowing about the harms the platfor...
U.S. imposes 50% tariffs on $20 billion worth of Canadian products
The United States imposed 50% tariffs on $20 billion worth of Canadian products early Saturday, and Canada immediately said it would retaliate, after ...
Ford’s $28,000 Fathom EV nears production after $2 billion factory overhaul
Ford said today that its next-generation electric vehicle - recently dubbed Fathom - will go into production at the automaker's recently overhauled Lo...
Joshua Kushner, Bob Iger Buy Los Angeles Lakers in $12 Billion Deal
Joshua Kushner and Bob Iger just hit a business alley-oop.
After all, the venture capitalist and the former Disney CEO purchased the Los Angeles Lake...
ChatGPT and Gemini both just passed 1 billion users
For the 14th time, a Google product has hit 1 billion users. Google CEO Sundar Pichai posted on X that a billion people are using Gemini every month, ...
Private prisons announce $1.4 billion in revenue as immigration detentions climb
That revenue does not include net proceeds of $1.6 billion made by CoreCivic after the recent sale of four of their facilities to the Department of Ho...
How Trump made an estimated $2.2 billion during the first year of his second term
New York Times reporter Eric Lipton discusses his Pulitzer Prize-winning investigations into Trump's conflicts of interest and whether he's exploiting...
Horizon3 hits $2 billion valuation with $250M Series E as AI threats escalate
Cybersecurity startup Horizon3 raised $250 million at a $2 billion valuation as companies want continuous, AI-powered security validation instead of a...
All 55 European Football Federations Voted to Boycott FIFA Over Its $20 Billion Investment Plan: ‘Football Belongs to the Fans, Not Billionaire Investors’
All 55 UEFA nations voted unanimously to boycott FIFA events if the $20 billion World Cup stake sale isn't scrapped entirely.