Media insiders say ESPN’s new sports-betting push could help it court a younger crowd and set up a spinoff from Disney
Industry insiders say ESPN’s deal with Penn Entertainment could signal a potential ESPN spinoff from Disney. Disney announced a $2 billion deal with casino operator Penn Entertainment to create ESPN Bet. Experts break down how the deal could bolster ESPN and what’s next. ESPN’s $2 billion Penn Entertainment deal shook the sports betting world —…
TikTokers are scoring huge paydays from its new ‘creativity program’ that rewards longer videos. 7 creators reveal what they’re making per month.
TikTok’s new Creativity Program Beta is helping some creators earn tens of thousands of dollars. Not everyone making money has millions of followers; those with smaller followings are earning, too. The extra money is helping a few TikTokers rely less on brand deals and re-prioritize the app. Kay and Tay Dudley were stunned when thousands…
A hedge fund manager shares 2 ChatGPT prompts and the AI plugin he used to filter top stock picks
Alpesh Patel has been experimenting with ChatGPT’s ability to pick good stocks from the NYSE and Nasdaq. He found that with the right prompts and correct data, it could make phenomenal choices. But it’s not just something you can flick on, there is a process. When the US Securities and Exchange Commission approved electronic communications…
A millionaire who retired at 36 shares the top 4 funds he’s holding, the ones he’s sold due to high fees, and the stock up 1,000% in the last 10 years that’s yielded him the most gains
Michael Quan had been saving for early retirement since the age of 22. He began by investing in stocks and funds with higher fees. He gradually began to move his allocation to diversified funds with lower expense ratios. Michael Quan has been out of the workforce since the age of 36. The 46-year-old left his…
Mark Zuckerberg and Priscilla Chan told leaders of their charity to ‘clarify’ their work. The result was layoffs, a plan to invest in AI, and a tacit admission their big education project failed.
Zuckerberg and Chan last year started to look more closely at how their philanthropy org was running. Before laying off 48 people this week, the organization conducted a smaller layoff early this year. Now, the org is looking at AI and giving up on a well-known product it spent tens of millions on. Last year,…
‘This reminds me a lot of 1999 to 2000’: An investment chief warns that a recession is right around the corner despite overboard bullish sentiment — and shares the 3 best ways to protect your portfolio from the fallout
Investors are ignoring the parallel between today’s market and 1999, an investment chief warns. The S&P 500’s August pullback may be the precursor to a painful stretch for investors. Here’s why a mild recession is still coming — and three ways to prepare for it now. Stocks have fallen in August as investors become concerned…
Make these 9 top investments in a ‘stock-picker’s market’ as economic growth continues, according to a bear-turned-bull whose hedge fund is up 155% in the last 5 years
Standout hedge fund manager Charles Lemonides came into the year careful but is now more optimistic. Interest rates didn’t cripple the economy, and instead are staying steady at a mild absolute level. Here are nine investing ideas from Lemonides after his six recommendations from December soared. Charles Lemonides, a hedge fund manager, was bracing for…
Redwood City: Prosecutors say man stabbed his child’s mother, her daughter
REDWOOD CITY, CA — Prosecutors say a 44-year-old man who had already violated a court order by moving into an apartment next to the mother of his child was formally charged with murder after a violent outburst killed her and hospitalized her daughter. The wounded teenager spoke publicly on an online fundraiser in an attempt…
SJSU expects athletics center to spur San Jose ‘family entertainment’ zone
SAN JOSE, Calif. — A new $70 million athletics center at San Jose State University is being positioned as a key building block for an emerging “family entertainment district” near the city’s downtown. According to officials, the Spartan Athletics Center, which connects to the outdoor CEFCU Stadium, has the potential to be a game changer…
