Stanford, Cal in limbo as ACC presidents don’t vote on western expansion
The Atlantic Coast Conference presidents chose not to vote Wednesday night on whether to admit Stanford and California to the league, leaving the schools in limbo as they seek an alternative to the collapsing Pac-12, according to two people familiar with the situation. The individuals spoke on the condition of anonymity because neither the ACC…
Lawsuit alleges wrongdoing in Bay Area police shooting — will Alameda County DA Pamela Price charge the officers?
According to a federal lawsuit, Pleasanton police officers botched an incident last year with a domestic violence suspect, fatally shooting him in the head after he walked out of an apartment building carrying a kitchen knife. According to Ben Nisenbaum, a civil rights attorney and partner at the Oakland firm Burris Nisenbaum Curry & Lacy,…
Police raid ‘heavily fortified’ Brentwood home, seize 1,888 marijuana plants, firearm
BRENTWOOD, CALIFORNIA — California Department of Cannabis Control officers raided a “heavily fortified” home in a quiet suburb here, seizing nearly 2,000 cannabis plants and a gun, according to authorities. The Aug. 2 raid netted 1,888 marijuana plants, $22,300 in cash, and a loaded pistol discovered directly behind the residence, on a sidewalk frequented by…
Mark Zuckerberg’s ‘Year of Efficiency’ spreads from Meta to Priscilla Chan’s charitable organization, which just laid off dozens of people
The Chan Zuckerberg Initiative is a charitable vehicle for the wealthy couple. CZI just conducted its first layoff, not long after Meta laid off thousands of workers. One worker referred to the cuts as a “bloodbath.” This week, the charitable foundation of Meta CEO Mark Zuckerberg and his wife Priscilla Chan laid off its first…
Meta is rehiring some of the thousands of workers it laid off
Meta cut 25% of its workforce in a series of layoffs since November. As the company’s business performance improves, hiring is starting to pick up again. Many people let go by Meta are being rehired, although it might be for less pay than before. Many people who have been laid off by Meta in recent…
30 of the most undervalued, high-quality stocks to buy, according to a fintech firm that uses a quant strategy to filter for cash-generating companies
Wilton Risenhoover wanted to find a system that did not require high-frequency trading. He came up with a quantitative system that filters for growing and cash-generating companies. These 30 stocks are considered the most undervalued bets based on Risenhoover’s methodology. If you’re looking for a quick trade, charts and scanners can help you find it.…
These 16 cities offer the cheapest first year of homeownership in the US when considering down payments, taxes, and closing costs, according to Point2
It’s still incredibly costly to buy a home in the US. But according to Point2, 16 cities including Detroit offer first-year homeownership costs under $80K. First-year costs include down payments, mortgage payments, taxes, insurance, and closing costs. Homes remain extremely unaffordable for buyers on a national scale. Homes are nearing some of their most unaffordable…
LexisNexis tries to keep the AI bots from plundering its valuable legal data
The generative AI boom has sparked a race to collect data for model training. That’s put pressure on companies with high-quality, proprietary information. Relx, the owner of LexisNexis, recently warned customers about sharing its legal data with AI bots. The generative AI boom has sparked a rush for high-quality data to train large language models…
How $7.75 billion Hopin went from pandemic darling to selling off its flagship business for $50 million and handing back some investor cash
Virtual-events startup Hopin was a pandemic winner when it hit a $7.8 billion valuation in 2021. Now its CEO is stepping down, it’s selling off parts of its business, and is set to hand back investor cash. Ex-staff and backers say the firm was flooded with cash and did too much too quickly. Johnny Boufarhat,…
