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Is $100 Million Enough To Defeat Fake News?
Wednesday, April 5, 2017 - 12:23pm | 310Pierre Omidyar, the billionaire founder of eBay Inc (NASDAQ: EBAY), just pegged $100 million to fight the rise of "fake news." Omidyar's philanthropic venture Omidyar Network is tackling the growth of fake news reports, which have already led to a "global trust deficit" and...
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This Fund Will Try To Prevent Skynet From Actually Happening
Wednesday, January 11, 2017 - 1:37pm | 294Skynet, the fictional artificial intelligence system popularized in the "Terminator" franchise which caused a global nuclear war, serves as a far-stretched but legitimate concern for many companies working in the artificial intelligence space. Consider the fact that Alphabet Inc's...
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The Top 15 Billionaires To Follow On Twitter
Friday, December 26, 2014 - 2:35pm | 1355In the past, transparency between billionaires and the average-Joe was considerably cloudier than today. Twitter has changed that. So, who are the best billionaires to follow on the platform? That's up to the individual user. But here's 15 to keep an eye on. 1) Carl Icahn (...
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Peter Thiel Comes Out Against Spinoff As PayPal Battles Continue
Monday, March 3, 2014 - 1:53pm | 629In January, activist investor Carl Icahn called for eBay (NASDAQ: EBAY) to spinoff PayPal. Since then, he has repeated his stance several times. Commenting last week at a conference in Silicon Valley, PayPal co-founder and venture capitalist Peter Thiel was asked if he thought PayPal should be...
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Market Wrap For January 23: Chinese Data, Mixed Earnings Spooking Investors
Thursday, January 23, 2014 - 5:47pm | 2950Traders and investors woke up Thursday morning to troubling news out of China. Chinese January HSBC flash PMI declined to 49.6 from a 50.5 in December. The data is re-starting the Chinese slowdown debate and according to Reuters has “reinforced concerns about global growth, especially in...
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Market Primer: Friday, October 18: S&P 500 Hits Record High, Dollar Suffers
Friday, October 18, 2013 - 6:45am | 1241The US government’s 11th hour deal on Thursday helped more than 80 percent of S&P 500 stocks rise in value on Thursday. The index broke its intraday trading record and closed at an all time high. Technology was the only sector to falter with IBM’s weaker than expected revenue...
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The Top 23 Gay Marriage Supporters in Business Today
Wednesday, June 26, 2013 - 4:32pm | 1663Editor's note: This piece was originally published on March 27, 2013 This week, the Supreme Court is hearing two landmark cases on the issue of same-sex marriage that may change the current government definition of marriage as we know it. The heavy-hitters who have financed the battle to...