money
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A new report from Bloomberg alleges less than 10 percent of a $100 million diversity fund created by Spotify last year has been used. The Creator Equity Fund was established at a time when Joe Rogan’s reported $200 million deal with Spotify came under heavy public scrutiny for allowing guests to come on The Joe Rogan Experience and spread misinformation regarding the […]
Last week, JPMorgan Chase didn’t get what it ordered. In a surprising mix-up, a Dutch warehouse accidentally sent a bag of stones instead of the nickel that was purchased. The report from Insider states JPMorgan Chase doesn’t know if this happened due to an accident, theft, or fraud. The London Exchange revealed there was a misunderstanding with […]
Bad Bunny is facing a sizable lawsuit from Carliz De La Cruz Hernández, an ex-girlfriend whose voice can be heard on a pair of the Grammy-winner’s songs. The $40 million suit claims De La Cruz Hernández’s “indistinguishable” contributions to “Pa Ti” and “Dos Mil 16”—where she memorably says “Bad Bunny, baby”—have been used without legal […]
In an interview with DJ Vlad, Boosie Badazz threatened to break his cousin’s jaw after he allegedly stole $7,000 from the rapper. “He went in my room and he stole. He took like seven bands,” said the 40-year-old of his cousin, known as Boosie Boy Munchie. “When I went up to my room, I had just left […]
Michael Jordan is engaged in serious discussions to sell his majority stake in the Charlotte Hornets. ESPN’s Adrian Wojnarowski reports Hornets minority owner Gabe Plotkin and Atlanta Hawks minority owner Rick Schnall have emerged as front-runners to acquire Jordan’s stake, which he bought for $275 million from BET co-founder Bob Johnson in 2010. At the time, Jordan said […]
Tickets for Drake and 21 Savage’s upcoming It’s All a Blur Tour are going to cost you. Fans have been up in arms about prices since the pre-sale opened on Wednesday, where Cash App card holders were given early access. It looks like the tickets will cost anywhere from $200 to upwards of $500. Image via Cash […]
Rolling Stone has a new feature on Pras, who faces up to 22 years in prison on a slew of charges, including his alleged involvement in a money laundering scheme and association with a foreign country attempting to influence the U.S. government. Pras allegedly donated a total of $1.1 million to Barack Obama’s 2016 campaign, which appeared as several […]
A court jury found Northern California sheriff’s deputies guilty of wrongly detaining a Black family at a Starbucks. They were granted $8.25 million in compensation for the injustice detention. According to NBC News, Aasylei Loggervale and her two daughters, Aaottae Loggervale and Aasylei Hardge-Loggervale, went to Starbucks located in Castro Valley in September 2019, which is located […]
It appears KXNG Crooked wants his money. The Long Beach native caused a mild stir on Friday after suggesting he was still awaiting payment from Death Row Records. Crooked made the claim in response to a Snoop Dogg tweet about the label’s catalog returning to Apple Music. Snoop, who acquired Death Row more than a year ago, shared a […]
Uncertainty swept through the tech and financial worlds following the swift collapse of Silicon Valley Bank. According to Reuters, the institution was forced to shut down on Friday after it failed to avoid a run by depositors. The Federal Deposit Insurance Corporation announced the news in a press release, confirming the California Department of Financial Protection and Innovation […]
