Author: MNK News
Sometimes, what goes on the Playa should stay on the Playa. A company whose board is chaired by one of America’s most decorated military men has been caught up in a $5 million crypto fraud lawsuit of some guy he allegedly met at Burning Man. Retired General Wesley Clark is a Rhodes Scholar, former supreme commander of the NATO forces and Presidential Medal of Freedom recipient who made a run for the White House in 2004. Retired Gen. Wesley Clark is referenced in a lawsuit involving crypto fraud. Getty Images for Concordia Annual Summit Gen. Clark has been attending Burning…
ARK Invest CEO Cathie Wood bought $16.3-million worth of Circle shares on the way downMost investors watched and waited when shares of the stablecoin issuer Circle Internet Group fell this week. Not ARK Invest CEO Cathie Wood.As Benzinga reports, the multi-millionaire founder bought $16.3-million worth of Circle (NYSE:CRCL) shares on the way down — after selling Circle stock a few days earlier.Must ReadHer investment firm’s flagship ETFs — ARK Innovation ETF (BATS:ARKK), ARK Next Generation Internet (BATS:ARKW) and ARK Blockchain & Fintech Innovation (BATS:ARKF) — snapped up (1) 161,513 Circle shares at $101.17 on the same day the stock cratered.The…
ARK Invest CEO Cathie Wood bought $16.3-million worth of Circle shares on the way downMost investors watched and waited when shares of the stablecoin issuer Circle Internet Group fell this week. Not ARK Invest CEO Cathie Wood.As Benzinga reports, the multi-millionaire founder bought $16.3-million worth of Circle (NYSE:CRCL) shares on the way down — after selling Circle stock a few days earlier.Must ReadHer investment firm’s flagship ETFs — ARK Innovation ETF (BATS:ARKK), ARK Next Generation Internet (BATS:ARKW) and ARK Blockchain & Fintech Innovation (BATS:ARKF) — snapped up (1) 161,513 Circle shares at $101.17 on the same day the stock cratered.The…
Bitcoin price failed to stay above $70,500 and declined further. BTC is now consolidating below $70,500 and might continue to move down. Bitcoin started a fresh decline from well above the $71,200 zone. The price is trading below $70,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $70,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $70,000 and $70,500 levels. Bitcoin Price Dips Further Bitcoin price failed to continue higher above $72,000 and reacted to the…
Most investors watched and waited when shares of the stablecoin issuer Circle Internet Group fell this week. Not ARK Invest CEO Cathie Wood. As Benzinga reports, the multi-millionaire founder bought $16.3-million worth of Circle (NYSE:CRCL) shares on the way down — after selling Circle stock a few days earlier. Her investment firm’s flagship ETFs — ARK Innovation ETF (BATS:ARKK), ARK Next Generation Internet (BATS:ARKW) and ARK Blockchain & Fintech Innovation (BATS:ARKF) — snapped up (1) 161,513 Circle shares at $101.17 on the same day the stock cratered. The stock fell upon news the proposed Senate CLARITY bill would ban interest-like…
Two significant jury verdicts against major social media companies have opened the floodgates for thousands of pending lawsuits alleging that popular platforms endanger the mental health of children. Fortune reports that juries in two landmark cases have ruled against the social media Masters of the Universe, marking a potential turning point in how courts view Silicon Valley companies’ responsibilities toward child safety. The verdicts represent early victories in a wave of litigation that could reshape the technology industry’s approach to protecting young users. In New Mexico, a jury imposed $375 million in civil penalties against Meta on Tuesday after finding…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…
Apple has announced a significant expansion of its American Manufacturing Program on Thursday, bringing four new partners into its domestic supply chain as part of a broader push to strengthen U.S. manufacturing capabilities. CNBC reports that Apple will invest $400 million through 2030 in new programs with Bosch, Cirrus Logic, TDK, and Qnity Electronics to manufacture essential materials and components in the United States. The companies will produce parts for Apple products that will be sold worldwide, marking a major expansion of the tech giant’s commitment to domestic manufacturing. CEO Tim Cook characterized the partnerships as evidence of the potential of…
TWICE reflect on a decade as a group: ‘There’s so much more we can do’ | AP interview Speaking backstage at the Kia Forum during a stop on their ‘THIS IS FOR’ World Tour, TWICE sit down with Associated Press entertainment journalist Liam McEwan to reflect on a decade together — and the journey still unfolding. Nayeon, Jeongyeon, Momo, Sana, Jihyo, Mina, Dahyun, Chaeyoung, and Tzuyu open up about their anniversary release, “TEN: The Story Goes On,” featuring solo tracks from every member for the first time. The group also speaks about their evolving definitions of success, how comebacks come…
Reflection, an AI startup supported by chip manufacturer Nvidia, is currently in discussions to raise $2.5 billion at a valuation of $25 billion, with plans to take on China’s open source approach to artificial intelligence popularized by DeepSeek. The Wall Street Journal reports that AI startup Reflection is positioning itself as a key player in the development of open-source artificial intelligence systems in the United States, working to create freely available AI models that can serve as alternatives to proprietary systems. This fundraising effort represents one of the largest valuations for a company in the emerging open-source AI sector. Reflection…