Monthly Archives: October 2022

Elon Musk is being investigated by federal authorities over the $44 billion Twitter deal, the company said in a court filing

Billionaire Elon Musk is being investigated by federal authorities, according to Twitter. Reuters Elon Musk is being investigated by federal authorities, Twitter said in a court filing. On October 6, Twitter requested that Musk’s team hand over any correspondence with federal authorities. The company did not specify the exact focus of the investigation. Billionaire Elon…

A flight from Turkey to the UK was intercepted by Royal Air Force jets and forced to land 200 miles from its destination after a ‘security threat’

The Airbus A321 flew back to Manchester airport the following day. (Note: Picture is not the plane involved in the incident.) SOPA Images / Contributor / Getty A passenger flight from Turkey to the UK was intercepted by fighter jets after a security alert Wednesday. The Jet2 flight was diverted to London Stansted, around 200…

A nuclear attack would most likely target one of 6 US cities. Simulated images show how a Hiroshima-like explosion would affect each.

Russian soldiers stand near a Topol-M ICBM while participating in a rehearsal for the nation’s Victory Day parade outside Moscow. ALEXANDER NEMENOV/AFP via Getty Images With the world holding arsenals of nuclear weapons, the risk of nuclear war is always present.  Tensions have been rising with Russian threats around the war in Ukraine. Here’s what…

Equifax fired at least two dozen employees after it used its own tool to suss out if workers had a second job

TGIF! It’s Dan DeFrancesco checking in from NYC. I’d like to start by wishing a happy bank earnings day to all those who celebrate.  Four of the big six US banks (JPMorgan, Morgan Stanley, Citigroup, and Wells Fargo) all report their Q3 earnings today. Our friends over at Markets Insider will have the immediate reaction…

UK finance minister Kwasi Kwarteng has been fired as the country waters down tax cuts, reports say

Kwasi Kwarteng is set to be sacked as the UK’s chief finance minister, according to reports. Ian Forsyth/Getty Images UK finance minister Kwasi Kwarteng has been fired from his current role on Friday, according to the Times. His tax cut proposals have rattled markets for weeks, with yields on gilts soaring. Prime Minister Liz Truss…

JPMorgan reports a Q3 earnings beat — as CEO Jamie Dimon sounds the alarm on inflation, rising rates, and other global headwinds

Jamie Dimon. Mark Lennihan/AP JPMorgan published third-quarter earnings on Friday that beat Wall Street’s forecasts. The bank’s net revenue grew 10%, but net income slid 17% as it built up its credit reserves. CEO Jamie Dimon touted the US economy’s strength, but flagged a raft of global headwinds. JPMorgan Chase reported third-quarter earnings on Friday…

I got Web3 VIP access to see Jack Harlow in concert through an NFT club called Dancing Seahorse. But the experience felt very Web2 — and that’s exactly what the company’s CEO wants.

The startup Dancing Seahorse offers access to perks at music events, including a recent Jack Harlow concert. Scott Legato/Getty Images Dancing Seahorse sells NFTs that offer exclusive perks to music fans. I attended Jack Harlow’s recent concert in Brooklyn in a VIP suite hosted by the startup. CEO Alex Nahai said he’s targeting music fans,…