MicroStrategy Bought Another $1B in Bitcoin Last Week
MicroStrategy. “FORM 8-K MICROSTRATEGY INCORPORATED.” MicroStrategy, a business intelligence firm led by Michael Saylor, purchased an additional $1 billion worth of Bitcoin last week. This acquisition brings their total Bitcoin holdings to approximately 140,000 BTC, acquired at an average price of around $29,000 per coin. The company continues to view Bitcoin as a critical store of value and a hedge against inflation, strengthening its position as one of the largest corporate holders of the cryptocurrency. Selling Shares To Add To…
You’re now a threat to US National Security and Public Safety if:
You’re now a threat to US National Security and Public Safety if you fall into one of the categories below. President Trump’s executive order, titled “Protecting the United States from Foreign Terrorists and Other National Security and Public Safety Threats,” identifies several “threats,” including: Terrorist Attacks: Aliens who intend to commit terrorist acts within the country. Hateful Ideology: Individuals who promote ideologies that could incite violence or threaten societal harmony. Exploitation of Immigration Laws: Individuals manipulating U.S. immigration laws for…
Documents show Google aided Israel with advanced AI tools amid war
The Washington Post says it has seen documents according to which Google employees actively assisted Israel in gaining access to certain advanced AI technology quickly after the war in Gaza began. The report says Israel’s Defense Ministry sought to expand its use of Vertex AI, a Google service applying AI algorithms to data. One worker warned internally that a delay in granting access to the tech could push Israel to switch to competitor Amazon. The paper notes that while the documents confirm…
Walgreens Stock Tumbles on DOJ Lawsuit Over ‘Millions’ of Alleged Illegal Prescriptions
Walgreens Boots Alliance (WBA) shares sank Tuesday, the first day of trading since the Department of Justice (DOJ) on Friday announced a lawsuit accusing the pharmacy chain of dispensing “millions of unlawful prescriptions” that had no legitimate medical purpose. The suit alleges that Walgreens pressured its pharmacists to fill prescriptions quickly, leading to opioids and other medications being given out for prescriptions that had “clear red flags” indicating they were “highly likely to be unlawful.” The U.S. Department of Justice…
The latest on Putin and Trump: January 22, 2025
As of January 22, 2025, here are some developments concerning President Trump and Russian President Vladimir Putin. Trump’s Ultimatum to Putin on Ukraine War: President Trump has demanded that President Putin end the war in Ukraine, describing the conflict as “ridiculous.” He warned that Russia would face economic sanctions, including taxes and tariffs, if it does not cooperate. Trump emphasized his preference for an easy resolution but is prepared to implement other measures if necessary. The Sun Putin’s Response to…
US military preparing to send additional 1,500 troops to border, official says
The U.S. military is set to deploy an additional 1,500 active-duty troops to the U.S.-Mexico border. This includes 500 Marines, Army helicopter crews, and intelligence analysts, augmenting the 2,200 active-duty troops and National Guard members already present. The decision follows President Donald Trump’s executive order declaring illegal immigration a national emergency and directing the Pentagon to achieve “complete operational control of the southern border.” The troops will provide logistical support, such as assisting in deportation efforts by transporting detained immigrants…
Starship explosion raises questions about risk to public, environment
The latest disintegration of a SpaceX test flight was a spectacular sight, as broken-up rocket parts streaked like jellyfish tendrils across the Caribbean sky Thursday evening. But some experts say focusing on that dazzling light show, as many people and media outlets did, highlights a lack of understanding of the environmental aftermath of these spacecraft failures. Moriba Jah, professor of aerospace engineering at the University of Texas Austin, compares it to marvelling at the beauty of a nuclear bomb’s mushroom cloud. “Being mesmerized by…
Tax evasion: UBS / Credit Suisse to pay a $2.5 billion fine
UBS is reportedly preparing to pay hundreds of millions of dollars to resolve allegations that Credit Suisse violated a prior agreement with the U.S. Department of Justice regarding U.S.-based customers who evaded taxes, according to the Wall Street Journal. In 2023, the U.S. Senate Finance Committee found that Credit Suisse, now owned by UBS, breached its 2014 plea agreement with U.S. authorities by continuing to assist ultra-wealthy Americans in tax evasion and concealment of more than $700 million from the…
Canadian National Sentenced to 40 Months for Multimillion-Dollar Export Control Scheme
Nikolay Goltsev, a Canadian national, was sentenced to 40 months in prison for orchestrating a multimillion-dollar export scheme that provided advanced U.S. electronic components to sanctioned Russian military companies. Goltsev used two Brooklyn-based companies to source and ship dual-use technology through intermediary front companies in countries like Turkey, Hong Kong, and the UAE, ultimately rerouting the products to Russia. The electronics, including components for precision-guided weapons, were found in Russian weapons systems used in Ukraine. Goltsev demonstrated awareness of U.S….
KLM Boeing 737 makes emergency landing in Norway and skids off runway
A KLM Boeing 737 traveling from Oslo to Amsterdam was forced to make an emergency landing in southern Norway on Friday evening due to a technical issue shortly after takeoff, Trend reports. The aircraft safely landed at Torp Sandefjord Airport at 7:14 p.m. local time, Norwegian police confirmed. All 182 people on board, including crew members, were unharmed. The flight, which departed Oslo at 6:55 p.m., encountered trouble when passengers and crew heard a loud noise shortly after takeoff. Local…
Air Canada plane catches fire on runway after rough landing, temporarily closing airport
The Halifax airport was temporarily closed Saturday night after a plane arriving from St. John’s experienced a problem landing, which saw the plane skid down the runway and part of it catch fire. Passenger Nikki Valentine told CBC News that one of the plane’s tires did not deploy properly upon landing. “The plane started to sit at about a 20-degree angle to the left and, as that happened, we heard a pretty loud — what almost sounded like a crash…
South Korean plane crash kills more than 150
At least 151 people were killed on Sunday after a South Korean passenger jet crashed and burst into flame on landing, according to local authorities, in one of the country’s worst aviation disasters. The Jeju Air flight was returning from Bangkok with 181 people on board when it failed to deploy its landing gear, skidding down the runway before it struck a wall and was engulfed in fire at Muan International Airport in the south of the country. Two crew…
Judicial scandal surfaces in fight over bankruptcy of JC Penney
A group of JC Penney bondholders are seeking to re-litigate its Chapter 11 case, claiming that a scandal that has since ensnared one of the country’s top bankruptcy judges tainted the US retailer’s 2020 reorganisation. Eric Moore, a bondholder, described the deal clinched in bankruptcy court as a “multibillion-dollar heist” that improperly handed control of JC Penney to a select group of deep-pocketed parties including H2 Capital Partners, Simon Property Group and Brookfield, according to court filings. Moore’s challenge has…
Israel strikes Yemeni airport. The head of the World Health Organization was there. “Slight deviation could have resulted in a direct hit.”
The head of the World Health Organization said on Friday he was not sure he was going to survive an air strike carried out by Israel a day earlier during a series of attacks on the Iran-aligned Houthi movement. Speaking after his ordeal at the Sanaa International Airport on Thursday, WHO Director-General Tedros Adhanom Ghebreyesus said the explosions that rocked the building were so deafening that his ears were still ringing more than a day later. Tedros said it quickly…
Footage shows New York inmate beaten by guards before death
NEW YORK – Law enforcement in the US state of New York on Dec 27 released “devastating” footage of prison guards beating a Black inmate shortly before he died. The body-worn camera footage, recorded the night of Dec 9, shows Robert Brooks, 43, brutalised by multiple prison guards, with his face bloodied and neck held. Brooks, an inmate at a northern New York prison serving a 12-year sentence for assault, was pronounced dead later that night. Ms Letitia James, the…