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eric schmidt and michelle ritter
Ex-Google CEO Eric Schmidt (L) reportedly invested $100 million in a company led by Michelle Ritter.
  • Eric Schmidt invested $100 million in Steel Perlot, a company led by Michelle Ritter, Forbes reported.
  • Schmidt, the former CEO of Google, has been romantically linked to Ritter.
  • He is a "very, very active chairman," Ritter, the company's CEO, told Forbes of Schmidt.

The former Google CEO



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Gizmodo

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On March 14, just around a month after Russian troops stormed across Ukraine’s western to begin a year’s long bloody battle, Ukrainian president Vladimir Zelensky appeared on a Ukrainian television station and announced his unconditional surrender. The president, wearing his now iconic military green long-sleeve shirt…

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Donald Trump
Former President Donald Trump speaks to reporters outside the New York State Supreme Court.
  • Donald Trump has a growing number of former allies that may soon become state witnesses.
  • The news that former White House chief of staff Mark Meadows is cooperating should concern Trump.
  • "The walls to some extent are caving in on him more and more," a former prosecutor

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NYSE Trader
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 9, 2020.
  • US stocks fell on Wednesday, dragged down by a sharp sell-off in mega-cap technology stocks.
  • Alphabet stock fell 10% after it reported a slowdown in revenue growth for its cloud division.
  • Interest rates jumped with the 10-Year US Treasury yield approaching 5% after a weak auction.

A



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andy jassy aws
Andy Jassy at AWS Summit San Francisco 2015
  • A startup mass extinction event started earlier this year. 
  • It's resulted in a wave of startup bankruptcies and shutdowns. 
  • This is beginning to impact the cloud industry. 

In June, we told you about a startup mass extinction event that was just beginning.

Four months later, this wave of shutdowns is rising fast, and it's beginning to drag on



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50 Cent
  • Ruffer Investing has big positions in the Japanese yen, the world's worst performing currency.
  • Though the fund cited poor performance this year, it expects the yen to appreciate "violently."
  • Ruffer is known as the "50 Cent" fund for its profitable bets made in the volatility market.

Ruffer Investing, whose winning bets in the volatility market earned it the nickname "50



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Roundabout Romania
A roundabout has less potential conflict points than an intersection.
The Conversation
  • In the United States, roundabouts have only become popular in the past couple decades.
  • Experts say that this road feature reduces traffic and car crashes.
  • Roundabouts have been popular in other parts of the world for quite a while. 

If you live on the East Coast, you may have driven through roundabouts in your



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Bill Ackman speaks at CNBC's Delivering Alpha conference on September 28, 2023.
Bill Ackman speaks at CNBC's Delivering Alpha conference on September 28, 2023.
  • Billionaire investor Bill Ackman netted $200 million by betting against 30-year Treasurys, sources told the Financial Times.
  • The profit helped Pershing Square's flagship fund gain 11.6% through the year to mid-October.
  • Ackman announced on Monday that he closed his short positions, citing growing risks. 

Billionaire



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The Verge

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Spotify logo
Image: The Verge

Big changes are coming to Spotify’s royalty model, according to Music Business Worldwide (MBW). If and when they are implemented in early 2024, it will raise the bar for who gets paid from music streaming on the platform — and direct more money to major labels and artists.

Two of the three proposed changes should be relatively uncontroversial. According to



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A close shot of a woman wearing the Quest 3 headset
Stay immersed for a bit longer, but maybe not as immersed. | Photo by Becca Farsace / The Verge

Meta is rolling out a software update that lets Quest 3 users eke out more battery life at the expense of graphics quality.

In addition to this new Battery Saver mode, the v59 update also gives VR streamers a way to keep track of YouTube Live Chat within the headset, includes