Author: MNK News
The Kim Kardashian co-founded shapewear brand has fresh capital to grow its retail footprint and expand in apparel and activewear, with beauty and skincare also on deck Skims has added fresh capital to fuel to its global takeover plan, closing out a year where the brand is expected to exceed $1 billion in net sales. The shapewear brand, founded by Kim Kardashian and Jens Grede, has completed a $225 million capital raise, valuing the company at $5 billion. Goldman Sachs Alternatives led the financing round with participation from BDT & MSD Partners’ affiliated funds. Skims says the capital will go…
British actress Jameela Jamil slammed the rise of artificial intelligence, especially the emergence of AI “actor” Tilly Norwood, in the entertainment industry, calling the technology “deeply disturbing.” Jamil appeared at the Web Summit in Lisbon and took a hard line against the burgeoning AI threat to entertainment, according to Deadline. “I can’t understand it in the television and film space because the whole point of acting is to emulate the human experience and so having something that is not human trying to emulate our experience is not possible,” she insisted. “I find it deeply disturbing and troubling and shame on…
The XRP market just hit a historic milestone as the first U.S. spot XRP ETF, Canary Capital’s XRPC, officially debuts on Nasdaq, sending bullish shockwaves for the XRP price and other assets in the market. Related Reading The launch gives traditional investors direct exposure to XRP through regulated brokerage accounts, and analysts say this could be the spark that propels prices sharply higher in the coming weeks. XRP’s price moving sideways on the daily chart. Source: XRPUSD on Tradingview First Spot XRP ETF on Nasdaq Unlocks New Demand Nasdaq has certified the Canary Capital XRP ETF for trading under the…
During Disney’s latest earnings call, CEO Bob Iger spoke about next steps for the Disney+ streaming service, and he noted that the entertainment giant has had “productive conversations” with potential AI partners. According to The Hollywood Reporter, Disney+ might soon play host to user-generated short-form AI videos.”The other thing that we’re really excited about, that AI is going to give us the ability to do, is to provide users of Disney+ with a much more engaged experience, including the ability for them to create user-generated content and to consume user generated content — mostly short-form — from others,” Iger said. He…
In a recent interview, Wikipedia co-founder Jimmy Wales was confronted about the site claiming Israel committed genocide in Gaza. Wales rejected this as biased and requested changes at the “Gaza genocide” article’s discussion page. Editors attacked Wales with some accusing him of ties to Israel or suggesting sanctions, such as removing his “founder” flag. Some sought action regarding a neutrality working group set up by the site’s owners, a working group he chairs. News media widely spread false claims Wales locked the page with this falsehood even repeated on Wikipedia itself. Wales was supported in his criticism of the page…
The business of living longer (including health tech, biotech, wellness and financial planning) is on track to become an $8 trillion market by 2030, UBS analysts predict We can’t turn back the hands of time (at least not yet), and in the age of Bryan Johnson, biohacking, GLP-1s and the growing list of anti-aging experiments, getting older is still inevitable, but it’s beginning to look less like decline and more like opportunity. Just ask Roy Drinkard, a 105-year-old Marine veteran who was honored this week as the nation’s oldest living Marine, a reminder that longevity isn’t some far-off idea, but proof…
WASHINGTON (AP) — The House is speeding toward a vote next week on releasing files related to the sex trafficking investigation into Jeffrey Epstein, a step that comes after months of resistance from Republican leaders.They have no choice but to allow consideration of the bill after a petition on the measure reached the necessary 218 signatures. It comes at a time when new documents are raising fresh questions about Epstein and his associates, including a 2019 email that Epstein wrote to a journalist that said President Donald Trump “knew about the girls.” The White House has accused Democrats of selectively…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
Lego is cutting prices for Black Friday and Cyber Monday. I’m a lifelong Lego lover, and my younger self would have squealed at some of the deals I’m seeing — as I’m betting is true for many of you. With so many to choose from, you’ll be able to find one that makes a great gift for anyone who you know loves these little building bricks.Throughout the month, I’ll be checking all the biggest online shopping centers in search of the biggest discounts on the best Lego sets available. We’ve already seen low prices on Disney and Harry Potter advent…
Goodbye, Bitcoin? There currently are at least 32 crypto kiosks, according to St. Paul police, where users can deposit cash and see it converted into a digital alternative. Soon, there may be none. Alarmed by fraud cases that have cost victims millions of dollars nationally, the St. Paul City Council is poised to ban virtual currency kiosks that have proliferated citywide. The ATM-like kiosks are placed in high-traffic areas such as convenience stores and allow users to make cash deposits, which are then converted into Bitcoin or other digital currencies and transferred into an account or virtual wallet. Digital currency…