Elon Musk’s X is now valued at less than a quarter of its $ 44 billion purchase price, according to a new estimate from investor Fidelity. The asset manager, which helped Musk acquire the social network formerly known as Twitter, has further reduced the value of its holding in X to a total markdown of […]
How old is Jerry Jones? Age and timeline for Cowboys ownership from 1989 purchase to today
Despite being “America’s Team,” the Dallas Cowboys aren’t the oldest NFL franchise. They were founded in 1960 by the team’s first owner, Clint Murchison Jr. He had wanted to own an NFL franchise in Texas but had previously been blocked by the owner of the then-Washington Redskins. Murchinson finally got the vote he needed, but […]
HYBE’s Secret $25M Purchase Turns Out To Be Johnny Depp’s PR Firm, Raising Concerns
Recently, online communities were abuzz with curiosity after it was reported that HYBE had spent $ 25 million USD to acquire 51% stakes in a mysterious company. The acquisition occurred on August 1, 2024. | hybe.co.kr According to follow-up reports, the company that was acquired in this deal is a US-based public relations agency. HYBE’s […]
Bang Si Hyuk Used Previously-Hidden Subsidiary To Purchase $26.4M Mansion In LA
Back in June, the Korea Fair Trade Commission (KFTC) launched an investigation into HYBE Labels under the claims that the company had purposefully omitted and/or fabricated their state of affairs report. Though it was unclear exactly what they were looking for in terms of what they believed had been omitted, there were suspicions that it had […]
Tesla makes it onto Chinese government purchase list
For the first time, Chinese government workers will be able to purchase Tesla’s Model Y for official use. Specifically, officials in eastern China’s Jiangsu province included the Model Y in a government procurement list, which was also reported in the state-owned publication The Paper. As the only foreign-owned electric vehicle company on the list, Tesla’s […]