money
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Mark Zuckerberg has lost over $7 billion after a host of companies pulled their ads from Facebook, Inc.’s network, Bloomberg reports. On Friday, shares in the company fell by 8.3%. This is the biggest drop in three months and comes after one of the world’s largest advertisers, Unilever, decided to join other brands in boycotting the site by removing […]
According to a report released Thursday by a government watchdog agency, more than 1 million dead people were given stimulus money intended to keep the economy from flatlining (irony? no?) during the pandemic. It was revealed back in April that dead people were getting checks due to the need to get said checks out to people quickly, but […]
Saniniu Laizer entered millionaire status last week after discovering some very rare and very big gemstones in Tanzania. According to the BBC, the country paid the small-scale miner about $3.4 million for two Tanzanite stones, which had a combined weight of 33 pounds. The dark violet-blue gemstones are only found in northern Tanzania and have become one of the rarest […]
On Tuesday afternoon the New York City Housing Authority tweeted out praise to the Shawn Carter Foundation, as well as Jack Dorsey’s Start Small Foundation, after using “a generous donation” from those charities to purchase supermarket gift cards for residents in the Marcy, Sumner, and Tompkins housing projects. For background (since it’s a pretty brief tweet) in […]
Following up on a similar act of generosity that we’ll get to in a second, TMZ reports that Jeopardy! mainstay and GOAT gameshow host Alex Trebek has donated $500,000 to a homeless shelter charity looking to get a new facility up and running in Southern California’s San Fernando Valley by next year. Trebek’s sizable contribution to the […]
If you have ever wanted just 15 minutes to speak with the man, the myth, the legend known as Keanu Reeves, your opportunity has finally arrived. Hopefully you also have some deep pockets. CNN reports Reeves has partnered with Camp Rainbow Gold to hold an auction where the winning bidder will be given 15 minutes […]
As the country grapples with economic disruption caused by the coronavirus pandemic, questions remain about how the live music industry will move forward following the unprecedented crisis. On Wednesday, Rolling Stone published an internal Live Nation memo that outlines a proposed business model that will shift more of the financial burdens to artists and agents. Live Nation states that come 2021, monetary guarantees for artists […]
Jay-Z and Beyoncé are being sued by one of the focal pieces of their 2018 track “Black Effect.” According to TMZ, Jay and Bey tapped Dr. L’Antoinette Stines to provide commentary on the idea of love as a prelude to the song “Black Effect” from their joint album as the Carters, Everything Is Love. Stines claims her voice appeared on the album without […]
Tyler Perry plans to pay for Rayshard Brooks’ funeral expenses, and also has reportedly offered to pay for Brooks’ four children to go to college as well. According to People, a source close to Perry said that he “spoke to Rayshard’s family and wanted to do something to help. His heart goes out to the family during […]
The Major League Baseball Players Association remains at odds with the league over what will become of the 2020 season, ESPN reports. After rejecting the league’s latest proposal, the MLBPA released a statement Saturday through their executive director Tony Clark. “It unfortunately appears that further dialogue with the league would be futile. It’s time to […]