In an exciting development for the cryptocurrency world, Solana (SOL) whales are increasingly flocking to a new initial coin offering (ICO) that is setting the market ablaze with significant profits. This new entrant, Mpeppe (MPEPE), is emerging as a game-changer by blending sports fandom with blockchain innovation, capturing the interest of high-profile investors and crypto enthusiasts alike.

Solana (SOL) Whales Join New ICO That Set The Market Alight With Big Profits

Kohlberg Kravis Roberts (KKR), a well-known international investment firm, is reportedly wrapping up negotiations to acquire a public relations (PR) subsidiary from WPP. The deal’s completion would be a milestone for KKR, extending its influence into the PR sphere and reinforcing its standing as a global investment powerhouse. The...

KKR set to acquire WPP’s PR subsidiary for $800 million

Credit card startup Bilt Payments LLC, known as Bilt Rewards, raised $150 million in a funding round led by Teachers’ Venture Growth, the venture arm of the Ontario Teachers’ Pension Plan, Bilt announced on August 1. Participants in the round also included the endowments of Vanderbilt University and...

Ontario Teachers’ Pension Leads $150M Venture Round for Credit Card Startup Bilt

Payoneer said it could also pay up to another $10 million, contingent on if Skuad meets various performance goals within the first 18 months of the acquisition. Payoneer also committed to grant $10 million in restricted stock units which are subject to vesting contingent on continued employment of key personnel. So all told, Payoneer could pay as much as around $81 million.

Fintech Payoneer is buying 5-year-old global payroll startup Skuad for $61M in cash

The size and value of the stake, as well as the enterprise value of Acronis, are not being disclosed. EQT and Acronis say that the deal values Acronis higher than its last disclosed valuation, which was $3.5 billion, based on an investment in 2022. Some sources indicate that the actual valuation in this deal was around $4 billion.

EQT takes a majority stake in cybersecurity firm Acronis at $3.5B+ valuation

On-demand delivery app Chowdeck has 600,000 active users. Its co-founder shares what’s driving this demand and how the company is planning to improve delivery services across Nigeria.

Chowdeck takes a bite out of Nigeria’s food delivery market

Business Insider

Ho's stake in the newly-public company is worth nearly $70 million. Bloomberg estimates his family's fortune at $13 billion.

Meet the 29-year-old son of a casino billionaire who just took his influencer and esports company public

Wells Fargo has appointed Bridget Engle as senior executive vice president and head of technology, reporting to CEO Charlie Scharf. Joining the company’s operating committee on 12 August, Engle will be responsible for all technology across the company. She brings more than 30 years of experience leading technology transformations...

Wells Fargo selects Engle to head technology

The home security company did not say when the cyberattack and data breach occurred, but disclosed that the attackers accessed the company’s databases containing customer home addresses, email addresses and phone numbers. In a brief regulatory filing published late Wednesday, ADT said it has “no reason to believe” that...

Home security giant ADT says it was hacked

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NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Tennessee State

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John M. Dabbs

NASHVILLE, Tenn. — The Tennessee Department of Health (TDH) has issued a health alert to clinicians statewide following reports of severe acute illnesses and adverse effects of consuming Diamond Shruumz™ brand chocolate bars, cones, and gummies. The warning comes after the Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration (FDA) received reports of serious health issues linked to these mushroom-containing edible products.

Tennessee Health Alert: Severe Illnesses Linked to Diamond Shruumz™ Products

JPMorgan Chase has introduced a new artificial intelligence assistant to help its employees with daily tasks, including drafting emails and reports. The largest U.S. bank by assets developed the portal, known as LLM Suite, that allows users to access large language models (LLM), CNBC reported citing people with knowledge of the plans. The software was launched with a model from OpenAI, the company behind AI chatbot ChatGPT.

JPMorgan Chase staff are getting a new AI assistant — powered by OpenAI

Los Angeles, CA

Herbie J Pilato

Dennis the Menace actor Jay North is now 73 years old. This is his story. On August 3, 1951, Jay North was born Jay Waverly North, Jr., in Los Angeles, and seven years later, began acting on TV on shows like Wanted: Dead or Alive, and 77 Sunset Strip.

Former Childstar Jay North (TV's 'Dennis the Menace') Turns 73

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Entrepreneur

Anish Dhar, co-founder and CEO of Cortex, got the idea for the project management platform while he was an engineer at Uber.

He Spent a Weekend Working on His Side Hustle in an Airbnb. Then a 'Big Breakthrough' Led to $53 Million — and Counting.

The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

The musician and mogul's firm Marcy Venture Partners may be undergoing a merger with Pendulum Holdings, a firm co-founded by Barack Obama's former financial advisor. Jay-z is reportedly making major waves in the venture capital space. The music legend and mogul’s venture capital firm, Marcy Venture Partner may be laying...

Jay-Z's Venture Capital Firm Is Reportedly Laying Plans To Deploy A Merger That Could Be Valued At $1B

Morristown, NJ

Morristown Minute

NEWARK, N.J. – Sixteen individuals have been charged in connection with a widespread "grandparent scam" that defrauded elderly Americans out of millions of dollars. The charges were announced by U.S. Attorney Philip R. Sellinger.

16 Charged in Nationwide 'Grandparent Scam'; Millions Stolen

Florida State

Uncovering Florida

With hurricane season posing a consistent threat six months out of the year, who would not like a little help getting their home ready for the harsh weather to come? Senate Bill 7028: My Safe Florida Home Program, approved by Governor DeSantis on April 24, 2024, and effective as of July 1, appropriates a one-time total of $200 million from 2024 to 2025 for the purpose of funding hurricane mitigation grants and inspections, as well as outreach and administration costs, to support homeowners in Florida.

DeSantis Signs New Bill Giving $200 Million To Homeowners

All of the investments made this year by Bezos' family office — called Bezos Expeditions — have been in artificial intelligence, according to data provided to CNBC by FINTRX, a private wealth intelligence platform. Bezos Expeditions has always tilted heavily toward tech. Fully 70% of the family office's...

Jeff Bezos' family office is making big investments in AI

NewsBreak

SoundHound acquires Amelia AI for $80M after it raised $189M+

SoundHound is paying $80 million in cash and equity for Amelia. It’s not clear what the latter’s valuation was prior to the deal, but according to...

SoundHound acquires Amelia AI for $80M after it raised $189M+

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