Saturday, November 17News That Matters

Tag: million

Kidtech startup SuperAwesome is now valued at $100+ million and profitable

Kidtech startup SuperAwesome is now valued at $100+ million and profitable

Breaking News
 Tech companies are scrambling to catch up to the fact that kids have joined a web originally built for adults, and are using it the way adults do — by liking and commenting, sharing, clicking through on personalized recommendations and viewing ads. But the tech underpinning apps and sites built for kids can’t operate the same way it does for adults. Enter SuperAwesome. Read More
Cryptocurrency-mining criminals that netted $3 million gear up for more

Cryptocurrency-mining criminals that netted $3 million gear up for more

Technology
Enlarge / Money. (credit: AMC) Researchers have uncovered what they said is one of the biggest malicious currency mining operations ever, with more than $3 million worth of digital coin. Now, the operators are gearing up to make more. The unknown criminals generated the windfall over the past 18 months. The campaign has mainly exploited critical vulnerabilities on Windows computers and then, once gaining control over them, installing a modified version of XMRig, an open-source application that mines the digital coin known as Monero. While the group has used a variety of mining services, it has continued to dump the proceeds into a single wallet. As of last week, the wallet had received payouts of almost 10,829 Monero, which, at current valuations, are worth more than $3.4 million. "The ...
‘Black Panther’ Smashes Records With $218 Million at Holiday Weekend Box Office

‘Black Panther’ Smashes Records With $218 Million at Holiday Weekend Box Office

Politics
"Black Panther" has demolished the record for the largest Presidents Day weekend, blowing past "Deadpool's" 2016 mark of $152 million. Overall North American moviegoing for the four-day period should hit $300 million -- far above the $278 million mark in 2016, according to comScore. The post ‘Black Panther’ Smashes Records With $218 Million at Holiday Weekend Box Office appeared first on Politicus USA.
Manchester City set for summer move for £40 million star as international heads out of the club

Manchester City set for summer move for £40 million star as international heads out of the club

Sports
Manchester City set for summer move for £40 million star as international heads out of the club - originally posted on Sportslens.com Manchester City are set to step up their interest in Borussia Dortmund midfielder Julian Weigl. The 22-year-old was linked with a move to City earlier in the season and the club have continued to monitor his progress. Weigl has played over 100 games for Dortmund and looks likely to be chosen by Germany for the World Cup in Russia. Dortumnd are believed to want over £40 million for Weigl, but that figure won’t be an issue for big-spending City. With Yaya Toure out of contract next summer, manager Pep Guardiola is on the lookout for midfield reinforcements and Weigl appears to fit the bill. He joined Dortmund from 1860 Munich in 2015, making his
$26 million in inauguration funds went to a brand-new company formed by longtime Melania friend

$26 million in inauguration funds went to a brand-new company formed by longtime Melania friend

Politics
You can presume that everything the Trump family does is a grift. President Trump’s inaugural committee paid nearly $26 million to an event planning firm started by an adviser to the first lady, Melania Trump, while donating $5 million — less than expected — to charity, according to tax filings released on Thursday. [...] The 116-page filing indicates that the overwhelming majority of the funds went toward expenses related to the inauguration, with the biggest share — nearly $51 million — split roughly evenly between two companies. The $26 million went to a company formed one month before the inauguration run by a "longtime friend" of Melania Trump, Stephanie Winston Wolkoff; The Times reports that friend "made her name planning Manhattan society galas." She now works in the White House
Lisa Marie Presley Says She's Over $16 Million in Debt, Divorce Documents Claim

Lisa Marie Presley Says She's Over $16 Million in Debt, Divorce Documents Claim

Entertainment
Lisa Marie Presley claims she’s in the red — to the tune of $16.7 million. In court documents relating to Presley’s ongoing divorce from Michael Lockwood, it was revealed that Elvis’ daughter owes debts in a number of areas, including income taxes, a defaulted mortgage and credit card bills. According to the documents, which were filed on Wednesday and obtained by PEOPLE Friday, Justin Stiegemeyer, Presley’s current business manager who is responsible for “day-to-day finances and paying all of her bills,” disclosed that the 50-year-old had first learned of her debt while her old business manager Provident Financial Management was handling her finances. Stiegemeyer went on to claim that Presley “had not been provided with proper accountings or notices or been kept abreast of her finances” b
City receives $60 million in federal funding for economic development projects

City receives $60 million in federal funding for economic development projects

Breaking News
The Marcus Trauma & Emergency Center at Grady Hospital was one of the projects aided by New Market Tax Credits. Invest Atlanta, the city’s economic development arm, has received $60 million in New Markets Tax Credit (NMTC) allocation from the U.S. Department of the Treasury to provide gap financing for economic development projects in low-income areas. Congress established the NMTC program in 2000 to attract investment to areas with low median income and high unemployment. The NMTC program takes private equity contributed by investors and turns it into gap financing for redevelopment projects. Investors receive non-refundable tax credits in exchange for an equity investment in a local project that demonstrates meaningful community impact. “We are pleased to see the Treasury Depar
Trump’s Inaugural Committee Gave $26 Million To Melania’s Advisor Instead Of Donating It To Charity

Trump’s Inaugural Committee Gave $26 Million To Melania’s Advisor Instead Of Donating It To Charity

Politics
The Trumps are using the presidency to line the pockets of their friends, as Donald Trump’s inaugural committee gave nearly a quarter of all the money that they raised to an event planning friend of Melania Trump. The New York Times reported, “President Trump’s inaugural committee paid nearly $26 million to an event planning firm […] The post Trump’s Inaugural Committee Gave $26 Million To Melania’s Advisor Instead Of Donating It To Charity appeared first on Politicus USA.