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Pro-Trump Millionaire Patrick Byrne Has Been Funding Far-Right Groups That Promote Conspiracy Theories: Report
Saturday, July 20, 2024 - 3:11pm | 560According to tax records and voting experts, Patrick Byrne, a wealthy figure, increased funding to the MAGA-allied America Project. This organization has directed substantial donations to far-right groups promoting voting conspiracies in Arizona, Michigan and other states, reported The Guardian....
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Patrick Byrne Sells All of His Overstock Shares Following Crypto Dividend Scheme
Thursday, September 19, 2019 - 10:14am | 820Controversial former Overstock.com Inc (NASDAQ: OSTK) CEO Patrick Byrne appears to have gotten the last laugh when it comes to his often contentious relationship with Wall Street. A new filing on Wednesday evening revealed Byrne cashed out of almost his entire remaining Overstock shares after...
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Ex-Overstock CEO Byrne Talks Timing Of Resignation With Fox, 'Political Espionage'
Friday, August 23, 2019 - 9:58am | 445Former Overstock.com Inc (NASDAQ: OSTK) CEO Patrick Byrne stepped down Thursday after two decades of running the company. His resignation is quite bizarre and includes references to the "deep state" and Clinton family. Hours after his resignation, the executive appeared on Fox...
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Overstock Updates tZero, Blockchain Initiatives
Friday, August 9, 2019 - 8:00am | 267In its second-quarter earnings announcement, Overstock.com Inc (NASDAQ: OSTK) noted positive trends with its retail and blockchain subsidiaries Medici Ventures and tZero. Among the announcements, Medici Ventures is in talks with Facebook (NASDAQ: FB) over Libra and tZero is targeting its launch of...
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Overstock CEO: 'We Will Sell The Retail Business If It Makes Sense'
Monday, July 15, 2019 - 10:58am | 258Overstock.com, Inc. (NASDAQ: OSTK) released a letter to shareholders from CEO Patrick Byrne Monday that discussed company developments, the future of blockchain and the possible sale of its retail business. In the letter, Byrne updates shareholders on “tZERO,” the blockchain-...
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Betting On Bitcoin? A Look At Some Large Overstock Option Trades
Thursday, June 27, 2019 - 1:53pm | 637Bitcoin prices have been on fire in recent weeks, and Overstock.com Inc (NASDAQ: OSTK) has been along for the ride. Overstock shares are up more than 44% in the past week, and at least one large option trader believes the Overstock rally has legs. The Trades On Thursday morning, Benzinga Pro...
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Overstock CEO Releases Bizarre Statement To Explain Massive Stock Sale
Friday, May 17, 2019 - 9:05am | 447Overstock Inc. (NASDAQ: OSTK), CEO Patrick Byrne on Friday explained in a statement why he sold "founder's shares." What To Know Earlier this week, Overstock shares plummeted following Form 4 filing that shows Byrne sold a ton of shares. Byrne sold 250,000 shares sold on May 13 at $13...
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Overstock CEO Dumps 500K Shares In Open Market, Shares Tumble
Wednesday, May 15, 2019 - 3:00pm | 159Overstock.com Inc (NASDAQ: OSTK) shares took a dive midday following Form 4 filing that shows CEO Patrick Byrne sold 500,000 shares. According to the filing, Byrne sold 250,000 shares sold on May 13 at $13.3316. The shares were sold in multiple transactions at prices ranging from $12.40 to $13.905...
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Today In Cryptocurrency: A New Type Of ICO, Bitcoin Volatility On The Decline?
Friday, April 27, 2018 - 4:34pm | 520The cryptocurrency market came back to life on Friday, with most major currencies jumping at least 1 percent on the day. Here’s a look at some of the headlines that were moving the cryptocurrency market today and which currencies were on the move. Headlines Reuters reported that...
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Exclusive: Overstock CEO Thinks He Can Prevent The Next Financial Crisis—And Revolutionize Short Selling—Using Blockchain
Thursday, July 27, 2017 - 5:15pm | 646The financial crisis of 2008 that devastated millions of Americans and continues to haunt the country’s economy had several root causes. Fraud, bankers recklessly gambling on toxic assets and other Wall Street malfeasance reached a nadir that wiped out many people’s financial futures...
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Bitcoin Rallies Above $1,000 in Early 2014 Trading
Monday, January 6, 2014 - 4:40pm | 503Bitcoin, a virtual currency that was trading for about $13 a year ago, got off to a strong start in 2014, reaching as high as $1,093 in early Monday trading on the Mt.Gox exchange. The digital cryptocurrency (meaning it uses cryptography for security) got a strong boost from news that Zynga (...
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Will the Amazon-Backed Online Sales Tax Sway the House?
Monday, April 29, 2013 - 10:51am | 761The Marketplace Fairness Act, AKA the new legislation that will require states to collect sales tax from items purchased online, is likely to clear the Senate when the final vote is conducted next month. It is not yet clear if it will do the same in the House, however, where many conservative...
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The Top Libertarians in Business Today
Friday, February 22, 2013 - 5:00pm | 1080Although the Libertarian Party never seems to climb out of the single digits in the polls, libertarians have a surprising influence in the business world and are well represented in a variety of sectors. Believe it or not, there's much more to libertarians besides Ayn Rand and Ron Paul....
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Goldman Sachs CEO Shows Signs of Fear, Hires High-Profile Defense Attorney
Monday, August 22, 2011 - 5:22pm | 540Reid Weingarten, a high-profile Washington defense attorney, has been hired by Goldman Sachs's chief executive officer, Lloyd Blankfein. Reuters has the exclusive, reporting that Blankfein, who is in his sixth year as the CEO of America's largest investment bank, has spent the last two years...
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Is Patrick Byrne Finally Victorious in the Fight Against Naked Short Selling?
Tuesday, June 14, 2011 - 10:10am | 542Is Patrick Byrne making progress in his fight against what he believes are fundamental flaws in the American financial markets? According to the The Register, the Overstock.com (NASDAQ: OSTK) CEO might have finally caught a break. The Register cites a piece by The Economist, “America's dodgy...