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Wall Street Contrarian Jim Chanos Reveals Big Shorts, Says He’s Betting Against Stock That’s Up 7,961% in 30 Months
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T-Mobile Customers Begin Receiving $350,000,000 Payout After Major Hack and Class Action Settlement
Millions of T-mobile customers affected by a massive hack and data breach are beginning to receive their share of a $350...
This Week In Techdirt History: June 1st – 7th
Five Years Ago This week in 2020, while many in the media were hedging their bets and wringing their hands in their coverage of the rapidly escalating protests over the murder of George Floyd, I was p...
Billion-Dollar Bank Sending $3,125,000 To Customers Over Alleged Breach of Contract, Improper Overdraft Fees
A US bank is preparing to pay millions of dollars to settle a lawsuit that accused the lender of breach of contract. According to a preliminary approval order, Illinois-based Midland States Bank will ...
Crypto Betting Platform Polymarket Becomes ‘Official Prediction Market Partner’ for Elon Musk’s X
The crypto betting firm Polymarket is partnering with Elon Musk’s X. Polymarket is now X’s “official Prediction Market Partner” and will kick off the partnership by co-launching a product with...
U.S. Treasury Abruptly Buys $10,000,000,000 of Its Own Debt in Massive, Historic Treasury Buyback
The U.S. Treasury Department just issued the largest buyback of its own bonds in history. The Treasury says the $10 billion operation is designed to repurchase securities maturing between July 15th, 2...
Bitcoin at Crossroads Amid Increased Selling Pressure, Warns Analytics Platform Glassnode – Here’s the Firm’s Outlook
Analytics platform Glassnode is outlining the possible path ahead for Bitcoin (BTC) amid a period of intense profit-taking. According to the analytics platform, Bitcoin is facing growing resistance af...
JPMorgan Chase Says US Markets Climbing ‘Wall of Worry’ To New All-Time Highs – With Key Sector Getting Second Wind
The largest bank in the US believes the S&P 500 will soar to fresh record highs despite uncertain market conditions. In the bank’s mid-year outlook, JPMorgan says investors should brace for volatili...
MEET48 Launches IDOL Airdrop on June 9 Ahead of TGE, Leading Web3 Entertainment
June 7th, 2025 – HongKong, HongKong On June 7, MEET48 officially announced the launch of its IDOL airdrop program. The IDOL Airdrop Eligibility Check Page is scheduled to officially launch at...
UBS Analyst Cuts Price Target for Billionaire Warren Buffett’s Berkshire Hathaway – Here’s Why
An analyst at banking giant UBS has lowered its price target for Berkshire Hathaway. Analyst Brian Meredith still has a buy rating on Berkshire Hathaway (BRK.B) Class B shares, but has cut the price t...
$17,000,000 Erroneously Sent To 9,238 Americans As Bank Glitch Derails State’s Payroll Process
A payroll glitch at a US bank has led to thousands of state employees being paid twice their normal salaries. A total of 9,238 employees of the government of South Dakota received double payments last...
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