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TVLine and our parent company Penske Media Corporation have launched Hail the Heroes, a thank you initiative to raise funds for Team Rubicon and their efforts around the COVID-19 crisis. Leaders from across PMC’s portfolio of media brands have joined together with stars in the entertainment, fashion, beauty, sports, music, and art industries to express […]
A clash between national regulators has wrong-footed money markets
It’s time to create something like a mutual fund for our personal data so that companies tracking us online are forced to share the benefits.Read More
Critics of US President Donald Trump were quick to accuse him of anti-Semitism over a tweet claiming that women accosting senators over Supreme Court nominee Brett Kavanaugh were paid by liberal billionaire George Soros. “The very rude elevator screamers are paid professionals only looking to make Senators look bad. Don’t fall for it!” Trump tweeted […]
As part of its efforts to make broadband more available in rural areas, the Federal Communications Commission announced that the Connect America Fund Phase II “reverse auction” will bring broadband service to more than 700,000 homes and businesses for the first time. More than half of those will have download speeds of 100Mbps or more, […]
Rep. Duncan Hunter (R-CA) says his son spent over $ 1,300 of campaign funds on Steam games. (credit: David Brooks / San Diego Union-Tribune) Update: August 21, 2018 In a 47-page indictment today, federal prosecutors formally charged Rep. Duncan Hunter (R-Calif.) and his wife Margaret with wire fraud, falsifying records, campaign finance violations, and conspiracy […]
Enlarge / Sen. Ted Cruz (R-Tex.) speaks during a rally to launch his re-election campaign at the Redneck Country Club on April 2, 2018 in Stafford, Texas. (credit: Erich Schlegel/Getty Images) On Friday, Sen. Ted Cruz (R-Tex.) spent the morning at Houston’s Johnson Space Center for a ceremony announcing the nine astronauts who will fly […]
SINCE 1975, when the first retail investment fund that aimed simply to mimic a stockmarket index was launched by Vanguard, such “passive” funds have squeezed margins and profits right across the asset-management industry. On August 1st that trend reached its logical endpoint with the launch of two zero-cost tracker funds by Fidelity, a Boston-based firm […]
“QUANT” (quantitative) hedge funds, which craft elaborate algorithms to make trading decisions, rely on access to information. That used to mean market data, such as prices and trading volume. But some now seek an edge in novel sources. An industry has sprung up to serve them with, and help them analyse, “alternative” data, such as […]
Two of the largest technology-focused private-equity firms are competing to raise money for what would be their biggest funds, ratcheting up an already heated race for buyouts in the industry.
