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New court filings show that NBA legend Shaquille O’Neal will settle a lawsuit related to the endorsement of defunct crypto exchange FTX for $1.8 million.
According to recent court documents, the retired superstar is settling a lawsuit where he’s accused of promoting FTX, which went bankrupt in 2022 after its chief executive, Sam Bankman-Fried, was found to be mishandling billions of dollars worth...
GameStop is preparing to distribute millions of dollars to customers to settle allegations that the gaming giant illegally shared their personal information.
The class action lawsuit accused the retail giant of breaking the federal Video Privacy Protection Act (VPPA) by handing sensitive information over to Facebook.
Specifically, GameStop is accused of using a Facebook tracking pixel on its...
The BRICS economic alliance is expanding as more countries join the push for de-dollarization.
The Brazilian government, which currently presides over the alliance, announced on Friday that Vietnam would join BRICS as a “partner country.”
Partner countries, a category the bloc established last year, aren’t full-fledged members but are invited to participate in the BRICS summit and can endorse...
The U.S. Treasury Department has now poured $20 billion into a major Treasury buyback operation in the span of two weeks.
The Treasury’s June 3rd and June 10th buybacks, which are historic in size, allow the agency to repurchase securities maturing between May and July of this year.
The move has triggered social media speculation that a stealth quantitative easing operation is now underway, with...
JPMorgan Chase, Bank of America and TD Bank are disclosing data breaches that are placing some customers’ accounts and personal information at risk.
In new filings with the Massachusetts state government, Chase says at least four customers in the state are affected by multiple breaches.
In two incidents, Chase says employees improperly accessed customers’ credit and debit card information and...
A leading security firm is reporting a sharp rise in cyberattacks targeting Android devices, with over 12 million attempts to steal bank credentials, personal data and other malicious activities detected in just three months.
In a new report, the cybersecurity firm Kaspersky says 2025 kicked off with an alarming number of smartphone attacks.
“Attacks on Android devices involving malware, adware...
Billionaire Jeffrey Gundlach believes the Federal Reserve will most likely be forced to print money to support the U.S. Treasury market.
In a new interview at the Bloomberg Credit Forum, the DoubleLine Capital founder says the Fed will likely need to counter a lack of demand for the long end of US Treasuries in the form of quantitative easing (QE).
QE is when a central bank buys assets,...
Hackers say they just posted a massive new trove of T-Mobile customer data online – but the details of the data dump are in question.
Cyber thieves uploaded the data to a popular dark web forum, according to Cybernews.
The outlet’s researchers say a sample of the data appears to contain some emails linked to prior T-Mobile breaches, along with “some new data points not seen in previous T-Mobile...
Galaxy Digital CEO Mike Novogratz believes Bitcoin (BTC) could hit a seven-figure price amid growing adoption of the crypto king.
In a new interview on CNBC, Novogratz says Bitcoin has become an “institutionalized macro asset” just like gold or silver.
According to Novogratz, the rising number of institutional investors putting money into Bitcoin will further draw more investors into an asset...
Billionaire Warren Buffett has allocated $196.7 billion to a small group of assets ahead of his departure from Berkshire Hathaway.
Buffett, who plans on ending his legendary 60 year tenure at the end of 2025, has placed more than 70% of the firm’s assets into just seven stocks.
The stocks reflect Buffett’s time-tested method of handpicking assets for their resilience and consumer appeal – while...