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Beyoncé and Jay-Z are making interest-only payments on the $ 52 million mortgage they took out on their Bel Air estate. Interest-only mortgage payments are lower at first, but can become unaffordable when the principal is added. The mortgage strategy can be used by anyone, but requires careful financial planning to minimize risk. Even Beyoncé […]
Enlarge / TaskRabbit CEO Stacy Brown-Philpot (left) and Ikea CEO Jesper Brodin (right). (credit: IKEA) Ikea, the Swedish furniture retail giant, has bought TaskRabbit, a San Francisco startup that lets people hire workers to do short-term odd jobs—like setting up Ikea furniture, fixing a leaky faucet, or setting up for a party. Terms of the deal […]
APPLE Apple iPhone 8 v iPhone X – Which should you buy? Apple broke from tradition at its September hardware event this year, unveiling not two – but three separate iPhone models. The new iPhone line-up includes two iterative updates, in the form of the iPhone 8 and iPhone 8 Plus, as well as an […]
Facing mounting pressure from government officials and the public, Facebook will now provide US House and Senate intelligence committees with the more than 3,000 ads it believes were purchased by a Russian troll factory during the 2016 election, a company official told BuzzFeed News. Founder and CEO Mark Zuckerberg also announced in a Facebook Live […]
Harry How/Getty Philip Rivers has lived in the San Diego area since being drafted by the Chargers in 2004, and when the team made the surprising announcement that it was relocating to Los Angeles, he had a decision to make. The commute between his house and the Chargers’ practice facility in Costa Mesa takes around 90 […]
Want to know how pervasive AI is becoming in seemingly all facets of daily life? Just ask Deere & Company. The John Deere brand owner just acquired Blue River Technology, which uses machine learning and computer vision to target herbicide spraying at just the weed-infested portions of a farm field. The technology can minimize both […]
Morata joined Chelsea for £70million this summer after spending much of last season on the Real Madrid bench. The Spain international has arrived to replace Diego Costa who, although he wasn’t sold in the transfer window, has been ostracised from the first team. And Morata told newspaper El Pais he must justify his transfer fee […]
Reuters Gilead is acquiring cancer immunotherapy biotech Kite Pharma for $ 11.9 billion. Gilead, known for its HIV and hepatitis C drugs, has been growing a cash pile over the past few years since the approval of its hepatitis C drug, leading investors to speculate what company it might buy. Gilead’s purchase of Kite is […]
Donald Trump, 72, paid off the mortgage on his ‘secret’ mansion this month – revealing the existence of the property. The five-bedroom, four-bathroom mansion is on the grounds of his Mar-a-Lago private club. The President of the United States took out the mortgage in 1994 and has paid back $ 1.2 million (£932,400). Now the […]
Tina Lam and Michael Cheng are living their version of the American dream. The couple made headlines this week when a San Francisco Chronicle story outed their 2015 purchase of Presidio Terrace — a private cul-de-sac lined by $ 35 million mega-mansions. An unpaid tax bill caused the City of San Francisco to put it up for […]
