Michael Rubin’s sports platform company Fanatics is divesting its 60% stake in NFT company Candy Digital, according to an internal email obtained by CNBC. Fanatics, who previously held the majority share of Candy Digital, will be selling its interest to an investor group led by Galaxy Digital, the crypto merchant…
Tag: Technology
The fintech reckoning is upon us. Here’s what to expect next year
Partygoers with unicorn masks at the Hometown Hangover Cure party in Austin, Texas. Harriet Taylor | CNBC Bill Harris, former PayPal CEO and veteran entrepreneur, strode onto a Las Vegas stage in late October to declare that his latest startup would help solve Americans’ broken relationship with their finances. “People…
Breathe A Sigh of Relief With These Air Purifiers
File air purifiers under useful household items that just might change your life. These near-magical, often-portable devices combine the power of a fan with that of an internal filtration system, a duo that can drastically improve your home’s air quality. For those who are not privy, internal filtration systems remove elements like…
Rooftop solar: How homeowners should do the math on the climate change investment
Solar panels create electricity on the roof of a house in Rockport, Massachusetts, U.S., June 6, 2022. Picture taken with a drone. Brian Snyder | Reuters When Josh Hurwitz decided to put solar power on his Connecticut house, he had three big reasons: To cut his carbon footprint, to eventually…
We Made The AI Write Stephen Miller’s Dutiful Prince Hallmark Movie, Because F*ck It, Whatever
Stephen Miller, Donald Trump’s former Obersturmbannführer for immigration, has been very upset about Royal People who are a great disappointment to him. We guess that’s a Serious Concern on the Weird Right lately, what with the new Netflix docu-series about Prince Harry and Meghan Markle that I literally just heard…
Kirstie Alley, ‘Cheers’ and ‘Veronica’s Closet’ star, dead at 71 | CNN
CNN — Actress Kirstie Alley, star of the big and small screens known for her Emmy-winning role on “Cheers” and films like “Look Who’s Talking,” has died after a brief battle with cancer, her children True and Lillie Parker announced on her social media. She was 71. “We are sad…
‘We thought of ourselves as legitimately trying to do good.’ SBF says he cares most about helping humanity as he tries to explain FTX collapse
FTX founder and former billionaire philanthropist Sam Bankman-Fried says he was thinking about trying to save lives as he built his now-failed crypto exchange, and that most corporate philanthropy is “bullshit.” Bankman-Fried, or SBF, made the remarks as he defended himself in a Wednesday interview with the New York Times…
Jennifer Lopez returns to social media to announce ‘This Is Me…Now’ | CNN
CNN — Jennifer Lopez has used the 20th anniversary of the release of her “This Is Me…Then” to announce an update. “This Is Me…Now” will be her next project and reportedly “chronicles the emotional, spiritual and psychological journey that she has taken over the past two decades.” Lopez’s social media…
Cramer calls for Disney CEO’s firing, says company’s ‘balance sheet from hell’ must be fixed
Jim Cramer on Thursday called on Disney (DIS) to oust CEO Bob Chapek and clean up the company’s ugly balance sheet. Chapek is “incapable of running a fantastic company,” Jim said. “Let’s say it was an NFL team, and the team was losing. … We need someone new at Disney.…
‘I don’t lose sleep’: Bank of America CEO isn’t worried about financing the Twitter deal
The CEO of Bank of America, one of the financiers of Elon Musk‘s Twitter takeover, doesn’t appear worried about the deal. CNBC reported on Thursday that Musk is now in charge of Twitter. Binance, one of the investors in the deal, told CNBC the acquisition has closed. After Musk first…