LeBron James’ entertainment company, SpringHill, is in early talks with Nike and other bidders about a sale, according to a report. Formed by the 36-year-old NBA star and his longtime business partner Maverick Carter, SpringHill is in “early stage” discussions,...
Business
Dr. Boyce Watkins Talks The Importance of Black Ownership, Life Insurance & The Stock Market – The Breakfast Club
Maya Wiley rails against billionaires — despite big-bucks backing by George Soros
Mayoral hopeful Maya Wiley has been endorsed by Rep. Alexandria Ocasio-Cortez, Public Advocate Jumaane Williams and other fellow Democrats who regularly decry the power of special interests and big money in politics — even though she has for decades been bankrolled by...
With AMC shares up 1,100% in 2021, company sells shares
The movie theater chain AMC is raising $230.5 million through an 8.5 million share sale, cashing in on the meme stock frenzy that has sent its stock price up more than 1,100% this year With AMC shares up 1,100% in 2021, company sells sharesBy MICHELLE CHAPMANAP...
NYC indoor farming startup raises $300M from high-profile investors
A New York City-based startup is growing leafy salad greens indoors — and it just raised a bunch of cabbage from investors including Natalie Portman and Justin Timberlake. Bowery Farming said Tuesday it had raised $300 million in a funding round that values its...
Byron Allen sues McDonald’s for discrimination
Comedian-turned-media mogul Byron Allen has sued McDonald’s for $10 billion in damages, alleging racial discrimination tied to its advertising practices. The head of Allen Media Group claims racial stereotyping is at play in the fast-food giant’s refusal to contract...
Elon Musk Attempts to Win Back the Love of Bitcoin Community
The price of Bitcoin increased by around four percent on Monday after Tesla CEO Elon Musk tweeted that he was in discussions with North American Bitcoin miners about the environmental sustainability of the cryptocurrency. CNBC reports that the price of Bitcoin...
NFT of iconic ‘Charlie bit my finger’ video sells for over $760K
The iconic YouTube video “Charlie bit my finger” has sold as a non-fungible token for over $760,000 — becoming the latest piece of internet history to cash in on the NFT craze. It’s unclear who won the auction, which took place on CharlieBitMe.com, but a bidding war...
Astroneurs: The Private Sector Goes to Space
Through the 1990s and into the new millennium, advocacy groups such as the National Space Society (full disclosure: I was in charge of policy and legislation at the NSS starting in 1989 and was executive vice president from 1991 to 1995) worked to advance the position...
What are NFTs? The booming blockchain-based movement, explained
These aren’t your grandpa’s trading cards. NFTs, or non-fungible tokens, have taken the world by storm this year. When Christie’s auctioned off an NFT for more than $69 million in March, it propelled the concept squarely into the public spotlight — with everything...