Unusual Whales

microsoft

Microsoft Will Push Through With Its Multi-Billion OpenAI Investment to 'Accelerate AI Breakthroughs'

Per Reuters Microsoft initially invested $1 billion in the ChatGPT maker OpenAI in 2019. The company has announced that their partnership will enter the "third phase" and come with a multi-billion investment. This comes as Microsoft is trying to ramp up its efforts to compete with its rival,

disney

Disney's Avatar: The Way of Water Breaks $2 Billion Threshold Getting Closer to the Pandemic

Per The Hollywood Reporter Disney's Avatar: The Way of Water is on its way to breaking new barriers as it gets closer to the lifetime gross numbers of Titanic. So far, the movie has already made $2.04 billion, closing in on the Titanic's $2.19

tiktok

TikTok Employees Pushed Certain Videos to Guarantee Certain Views

Per Forbes TikTok has confirmed that some of its and ByteDance's employees applied a "manual push" on certain videos to boost its views. This meant that the employees could choose which videos would go viral. The social platform has previously described its algorithmic For You Page,

real estate

US Commercial Real Estate Investors Withdrawal Requests Pile Up to $20 Billion, Second Largest Since Great Recession

Per Bloomberg Some of the largest investors in commercial real estate are filing massive withdrawal requests in fear of a potential slide back in property value. Despite the slowdown of the Fed rate hike, wealthy individuals and retail investors are pulling out from real estate. Blackstone Inc. noticed an outflux

citadel

Citadel Now Top-Earning Hedge Fund After $16 Billion Gain in 2022

Per Forbes Citadel did extremely well in 2022 as Ken Griffin's hedge fund bagged $16 billion, making it the top-earning hedge fund of the year. This made up for almost a quarter of the fund's net gains since it started doing business in 1990. Due to

Egg smuggling is up 108% at the US-Mexico border in the last 3 months of 2022

Egg smuggling is up 108% at the US-Mexico border in the last 3 months of 2022, per Customs and Border Protection. "We are seeing an increase in people attempting to cross eggs from Juarez to El Paso because they are significantly less expensive in Mexico than the U.S.

Justice Department searches President Biden’s home, and finds six more classified documents

Justice Department searches President Biden’s home, and finds six more classified documents, per CNBC. The documents at the Wilmington, Delaware, home appear to be related to his time as vice president as well as to his tenure in the U.S. Senate and were found after Biden's

ACLU has stated there was a nationwide surveillance program to track Americans' personal money transfers

The ACLU has released hundreds of documents showing how Arizona has created a nationwide surveillance program to track Americans' personal money transfers. The state of Arizona has sent at least 140 overbroad and illegal subpoenas to money transfer companies to compel them to turn over customers’ private financial data.

Theranos founder Elizabeth Holmes bought a one-way ticket to Mexico last year after she was convicted of fraud

Theranos founder Elizabeth Holmes bought a one-way ticket to Mexico last year after she was convicted of fraud, per CNBC's reporting. Holmes was found guilty on four counts of lying to investors on Jan. 3, 2022. "Only after the government raised this unauthorized flight with defense counsel

Investors are holding near-record levels of cash

Investors are holding near-record levels of cash, per CNBC. A record amount of funds flowed into money market accounts as the year ended. in 2022. The Investment Company Institute said money market accounts held a record $4.814 trillion in the week ended Jan. 4. “It’s a mountain of

Feds seize almost $700 million of Sam Bankman-Fried's assets in cash and equity

Feds seize almost $700 million of Sam Bankman-Fried's assets in cash and equity, per CNBC originally made. The majority was Robinhood, $HOOD, shares that were owned by the FTX founder, a court filing revealed. Recently, Sam Bankman-Fried, the founder of FTX, is being sued by BlockFi over allegedly

Twitter has around 1,300 employees today from 7,500 in November

Twitter has around 1,300 employees today, per CNBC, from 7,500 in November. This is less than 80% of employees from the time Elon Musk took over. CNBC says they have less than 550 full-time engineers. Reportedly, 130 people from his other companies, including Tesla, SpaceX and The Boring

sec

SEC Files Fraud Charges Against Alameda Research's Caroline Ellison and FTX Co-Founder Gary Wong

Per Crowd Fund Insider The official SEC document containing the charges against Caroline Ellison of Alameda Research and Gary Wong, co-founder of FTX, notes that they were scheming with Sam Bankman-Fried and others to defraud FTX Trading Ltd.'s equity investors. The document also highlighted the efforts being made

ftx

Brett Harrison, Former FTX US President, Raised $5 Million for Architect, a New Crypto Startup

Per Yahoo Finance After the collapse of FTX with its founder, Sam Bankman-Fried facing multiple charges and maintaining that he is not guilty, the former president of FTX US has already raised $5 million for a new crypto startup. Harrison raised new investment for a startup that will be building

gemini

Gemini CEO Plans to Take Legal Action Against DCG and DCG CEO If Creditors Do Not Receive a Fair Offer

Per CoinDesk Gemini CEO and co-founder Cameron Winklevoss released a thread on Twitter sharing an Earn Update and how Genesis Global Capital has filed for Chapter 11 bankruptcy. The co-founder also shared how they would file a lawsuit against Digital Coin Group and its CEO Barry Silbert if creditors do

cdc

CDC Emails Reveal It Had 'Significant Influence' on Facebook and Instagram Over COVID Moderation

Per Fox News Twitter was revealed to not be the only company heavily influenced by the Center for Disease Control and Prevention (CDC), as new emails say it had "significant influence" over other social media platforms. The emails revealed that the agency influenced even Facebook and Instagram. The

Google Split

Google Pushes 20% of Employee Year-End Bonuses to March At Least

Per CNBC While Google usually pays employee year-end bonuses on time, the company has decided to push back 20% of the bonus. Qualified employees will only receive 80% of their bonuses in January and the remaining from March to April. A permanent change will follow this decision in Google'

A car drove into a metal barricade outside Sam Bankman-Fried's home

A car recently drove into a metal barricade outside Sam Bankman-Fried's home in California, his lawyers have said, with three men getting out of the car & telling the security officer guarding the home, "You won't be able to keep us out." SBF is

House Speaker Kevin McCarthy has said Congress need to show up to work if they want their vote to be counted

House Speaker Kevin McCarthy officially ends proxy voting, saying that members of Congress need to show up to work if they want their vote to be counted. The House GOP officially ended proxy voting with the rules adopted earlier this month. Notably, this was House only. The Senate did not

Bitcoin is a hyped-up fraud, it’s a pet rock: JP Morgan, JPM, CEO Jamie Dimon

‘Bitcoin is a hyped-up fraud, it’s a pet rock’ JP Morgan, $JPM, CEO Jamie Dimon has said. He also said: “How do you know it [Bitcoin] is going to stop at 21 million? Maybe it’s going to get to 21 million, and Satoshi’s picture is going to

Tinder, MTCH, is testing user interest in a new $500 monthly subscription plan

Tinder, $MTCH, is testing user interest in a new $500 monthly subscription plan. The news initially came from Bloomberg. It stated: Tinder was testing a $500 monthly plan, which Match also confirmed but declined to provide details. it is unclear what services it would provide. Previously, Hinge itself, owned by

Genesis files for bankruptcy

Crypto lender Genesis filed for bankruptcy protection late Thursday night in Manhattan federal court. This week, the Securities and Exchange Commission also filed a suit against Genesis and Gemini over unregistered sale of securities. Genesis is in negotiations with creditors represented by law firms Kirkland & Ellis and Proskauer Rose,

Russia has said that a defeat for Russia in Ukraine could provoke a nuclear war

Deputy chairman of Russia’s Security Council Dmitry Medvedev has said that a defeat for Russia in Ukraine could provoke a nuclear war. “The defeat of a nuclear power in a conventional war may trigger a nuclear war,” Medvedev, wrote on Telegram. “Nuclear powers have never lost major conflicts on

White House: The Federal Reserve appears to be on the path of a soft landing

White House has said that the Federal Reserve appears to be on the path of a soft landing. The U.S. economy appears headed for a soft landing, White House economist Heather Boushey has said. "The steps have been taken and it looks like we are in a very

US announces $2.5 billion in new weaponry, munitions for Ukraine

US has announced $2.5 billion in new weaponry, munitions for Ukraine. This includes 90 Stryker armored personnel carriers, an additional 59 Bradley Infantry Fighting Vehicles, Avenger air defense systems, and large and small munitions, according to a Pentagon statement. An initial 50 Bradleys were included in a more than