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I invested $50 in Bitcoin in 2022 - here's what it's worth now after an eye-popping rally

zdnet.com David Gewirtz 2025-07-27 23:54:00

ZDNET Welcome to Hot Bitcoin Summer, 2025 Edition. It's July 14, and the cryptocurrency is on fire. Turns out that when the President of the United States is bullish on a fake currency, it takes off. Then, when the US Congress declares "crypto week," cybercurrency speculators get that warm, squishy feeling that makes them think good things are about to happen in their imaginary world of bits as bucks. Also: How AI can help you manage your finances (and what to watch out for) In honor of all

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I invested $50 in Bitcoin in 2022 - here's what it's worth now after a record rally

zdnet.com David Gewirtz 2025-07-28 03:55:00

ZDNET Welcome to Hot Bitcoin Summer, 2025 Edition. It's July 14, and Bitcoin is on fire. Turns out that when the President of the United States is bullish on a fake currency, it takes off. Then, when the US Congress declares "crypto week," cybercurrency speculators get that warm, squishy feeling that makes them think good things are about to happen in their imaginary world of bits as bucks. In honor of all of this and because my eyes popped when I checked my own investments this morning, I'm

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Elon Musk’s SpaceX might invest $2 billion in Musk’s xAI

techcrunch.com Anthony Ha 2025-07-28 15:12:17

In Brief One Elon Musk business might be making a big investment in another. According to a Wall Street Journal report that cites investors close to SpaceX, the company has agreed to invest $2 billion in Musk’s AI startup xAI. The investment would reportedly be part of the $5 billion equity raise (along with another $5 billion in debt) that Morgan Stanley announced at the end of June. This would be SpaceX’s first investment in xAI, and one of its biggest investments in another company. The WS

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Police dismantles investment fraud ring stealing €10 million

bleepingcomputer.com Unknown 2025-08-12 07:53:21

The Spanish police have dismantled a large-scale investment fraud operation that caused cumulative damages exceeding $11.8 million (€10 million). During simultaneous raids in Barcelona, Madrid, Mallorca, and Alicante, coordinated by the Mossos d’Esquadra, Civil Guard, and the National Police, 21 individuals were arrested. Along with the arrests, the police agents also confiscated seven luxury vehicles and more than $1.5 million €1.3 million in cash and cryptocurrency. The fraudsters appear to

Topics: fake investment million police victims
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Double Is Winding Down

news.ycombinator.com Unknown 2025-08-14 18:33:09

Double is a registered investment adviser with the US Securities and Exchange Commission (SEC). While such registration does not imply a certain level of skill, it does require us to follow federal regulations that protect you, the investor. By law, we must provide investment advice that is in the best interest of our client. Please refer to Double'sfor important additional information.The publicly available portions of the Platform (i.e., the sections of the Platform that are available to indiv

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Europol helps disrupt $540 million crypto investment fraud ring

bleepingcomputer.com Unknown 2025-08-19 23:20:58

Spanish authorities have arrested five individuals in Madrid and the Canary Islands, suspected of laundering $540 million (€460 million) from illegal cryptocurrency investment schemes and defrauding more than 5,000 victims. The law enforcement operation was supported and coordinated by Europol and investigators from Estonia, France, and the U.S. (Homeland Security Investigations – HSI). The investigation into the fraud ring started in 2023 On the day of the arrests a cryptocurrency expert was

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5 apps I recommend to every savvy investor

androidauthority.com Unknown 2025-08-21 23:00:35

Rita El Khoury / Android Authority I’m really into finance and have been investing for a long time. From stocks and crypto to swing trading and holding, I’ve done it all. Over the years, I’ve also tried out all sorts of investment apps in hopes of getting the proper data and setting up a system that works for me. Some were good, others not so much. In this post, I’ll highlight the good ones and talk about why you should consider using them. Before we dive into the list, I want to clarify that

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Goodwill shopper discovers $30 PC hiding an RTX 3080 Ti and Ryzen 7

techspot.com Rob Thubron 2025-08-22 12:15:00

WTF?! Everyone loves a bargain, especially when it involves spending $30 on a PC that has over $1,500 worth of hardware packed inside. That's what happened to one Goodwill shopper who stumbled upon the RTX 3080 Ti/Ryzen 7-powered computer in a South Carolina store. No-Investment9793 posted on Reddit that his dad is a regular customer at the local Goodwill, where he knows everyone. According to the post, someone at the store pointed out the PC, which had been donated by a mother after cleaning o

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Amazon to invest $233M to enhance its India infrastructure

techcrunch.com Ram Iyer 2025-09-04 11:34:55

In Brief Amazon said on Thursday that it would invest about $233 million in its India business to further build out its operations infrastructure, develop new tools for its delivery network, and work on employee safety and well-being programs. The company said the investment helps it double down on its efforts to deliver to all pin-codes in the country. “This investment will enhance processing capacity, improve fulfilment speed, and increase efficiency across the company’s operations network,

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Texas Instruments pledges 'historic' $60bn US chip investment

feeds.bbci.co.uk Unknown 2025-09-05 00:19:57

Texas Instruments pledges 'historic' $60bn US chip investment Texas Instruments operates 15 sites around the world, including facilities in the US and Asia Computer chip giant Texas Instruments (TI) will invest more than $60bn (£44.74bn) in the US, as President Donald Trump pressures big technology firms to increase manufacturing in the country. The company said it plans to build or expand seven chip-making facilities at three sites in Texas and Utah, and create 60,000 jobs. TI did not give a

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Texas Instruments to make 'historic' $60bn US chip investment

feeds.bbci.co.uk Unknown 2025-09-05 05:19:57

Texas Instruments to make 'historic' $60bn US chip investment Texas Instruments operates 15 sites around the world, including facilities in the US and Asia Computer chip giant Texas Instruments (TI) will invest more than $60bn (£44.74bn) in the US, as President Donald Trump pressures big technology firms to increase manufacturing in the country. The company said it plans to build or expand seven chip-making facilities at three sites in Texas and Utah, and create 60,000 jobs. TI did not give a

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DOJ seizes record $225 million in crypto tied to global 'pig butchering' scams

cnbc.com Mackenzie Sigalos 2025-09-06 03:51:16

The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called "pig butchering" scams that have cost victims billions globally. Federal prosecutors filed a civil forfeiture action targeting more than $225 million in cryptocurrency traced to a sprawling web of fraudulent investment platforms. Victims were tricked into believing they were investing in legitimate crypto ventures, only to be scammed by criminal networks often operating overseas. "Thi

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Meta beefs up disappointing AI division with $15 billion Scale AI investment

arstechnica.com Unknown 2025-09-13 11:02:07

Meta has invested $15 billion into data-labeling startup Scale AI and hired its co-founder, Alexandr Wang, as part of its bid to attract talent from rivals in a fiercely competitive market. The deal values Scale at $29 billion, double its valuation last year. Scale said it would “substantially expand” its commercial relationship with Meta “to accelerate deployment of Scale’s data solutions,” without giving further details. Scale helps companies improve their artificial intelligence models by pr

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Meta invests $14.8 billion in Scale AI and recruits its CEO

engadget.com Unknown 2025-09-13 15:00:29

Meta has finalized its $14.3 billion investment in Scale AI, which now values the startup that provides other companies with data labeling and model evaluation services for AI training at $29 billion. As part of the deal, Scale AI's founder and CEO Alexandr Wang will be joining Meta. According to The New York Times, Wang will lead Meta's fledgling "Superintelligence lab." A few days ago, several reports came out that Meta chief Mark Zuckerberg has been personally overseeing the recruitment for a

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Amazon to invest $20 billion in AI data centers across Pennsylvania

techspot.com Alfonso Maruccia 2025-09-16 11:05:00

What just happened? Amazon Web Services, one of the world's three largest cloud providers, is increasingly focused on artificial intelligence and large language models. The company is now planning a significant expansion of its AI infrastructure initiatives in Pennsylvania. Amazon has announced plans to invest at least $20 billion in new cloud computing facilities across Pennsylvania. The tech giant, founded by Jeff Bezos, says the move reflects its commitment to advancing artificial intelligen

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Game investments and M&A totaled $17.5B across 985 deals in 2024 | DDM

venturebeat.com Dean Takahashi 2025-06-01 09:00:00

As the games industry moves on from “survive til 25,” 2024 games investment and M&A data revealed recovery and improvement, according to market analyst firm Digital Development Management (DDM). In order to properly compare 2024 to 2023, it’s important to remember that in Q4 2023 Microsoft acquired Activision Blizzard for $68.7 billion, the largest gaming M&A in history by over 5.4 times its nearest counterpart of Take-Two Interactive’s $12.7 billion acquisition of Zynga. Removing Microsoft’s

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Five of the most important fintech VCs investing heavily in the sector

techcrunch.com Mary Ann Azevedo 2025-06-01 08:30:00

Global investing in fintech startups is starting to see an uptick. Just this week, KPMG issued its Pulse of Fintech report for the second half of 2024. In the fourth quarter of 2024, investment climbed to $25.9 billion from $18 billion in the third quarter, according to KPMG. Granted, this is not the enthusiasm of years past, especially the wild days of 2021. But judging by our inboxes, there is no shortage of venture capitalists still betting big on the space. Below is a list of just a few VC

Topics: fintech fund investments million seed
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Europe risks becoming a 'museum' if it doesn't innovate in AI and deregulate, Swedish PM warns

cnbc.com Ryan Browne 2025-06-01 07:55:26

STOCKHOLM — Europe is at risk of becoming a "museum" if it doesn't soften strict curbs on artificial intelligence technologies and deregulate, Sweden's Prime Minister Ulf Kristersson said Thursday. "I think we really need to step up in Europe ... the American economy, Chinese economy have been growing far faster compared to the European economies over the last 20 years," the premier told attendees of the Techarena event in Stockholm. "If we don't change that, Europe will actually become some k

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