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Actor Matthew Perry has died at the age of 54 of an apparent drowning, according to multiple sources. The actor, most well-known for his role as “Chandler Bing” in the sitcom “Friends” that ran from 1994 to 2004, was reportedly found dead in a hot tub in his Los Angeles home Saturday, according to The…
” Silicon Valley Bank collapse: How SVB stock price performed in 5 years “ Silicon Valley Bank (SVB) has suffered a significant fall from grace following half a decade of being rated as one of the best banks in the United States. SVB and its parent company, SVB Financial Group, had been held in high…
” Crypto billionaires lost $116M since March: Report “ The bear market and the wave of bankruptcies in the crypto industry drained $116 billion from the pockets of founders and investors in the past nine months, according to recent estimates by Forbes. The loss represents the combined personal equity of 17 people in the space,…
” From the NY Times to WaPo, the media is fawning over Bankman-Fried “ Nearly three weeks have passed since FTX founder Sam “SBF” Bankman-Fried announced that his exchange was facing a deep liquidity crisis, was unable to find a last-minute bailout, and was forced to file for Chapter 11 bankruptcy. The insolvency impacted millions…
” Crypto community reacts to mainstream media coverage of FTX’s implosion: criticism, misogyny and more “ The crypto community on Twitter is heavily criticizing the mainstream media for its poor and biased coverage of the collapse of cryptocurrency exchange FTX. In a piece published on Nov. 18 by Forbes Magazine, the CEO of FTX’s affiliate…
“Jessica Sibley named CEO of publisher of Time magazine” Time, the publisher of Time magazine, said Monday the media firm has named Jessica Sibley as its chief executive officer, effective Nov. 21. Sibley’s appointment comes as the 99-year old company seeks to expand away from its print operations and become a diversified media company. The media executive joins…
“Forbes scraps plan to go public via SPAC merger” Forbes Global Media, the publisher of Forbes magazine, said it’s doing an about-face on its plans to go public through a merger with a blank-check acquisition firm. The deal, which was announced in August, would have taken the 104-year-old magazine and digital publisher public at a $630…
“Rihanna, Peter Jackson land on Forbes billionaires list” Pop singer Rihanna and “Lord of the Rings” director Peter Jackson have made the Forbes billionaires list for the first time this year. The “Umbrella” crooner and the director of the “Lord of the Rings” and “Hobbit” trilogies are now ranked 1,729 and 1,929, respectively, on the…
” Crypto billionaires increase by 60% in a year: Who made Forbes annual list? “ The Forbes crypto billionaires list has been updated, and the number of individuals who have made vast fortunes in digital assets has increased substantially. The crypto elite list now has 19 billionaires on it, which is seven more than last…
” Binance unveils plans for world domination by buying up companies in every sector “ Binance is looking to diversify its business interests by acquiring company’s outside the scope of cryptocurrency, according to a report from the Financial Times. “We want to identify and invest in one or two targets in every economic sector and…