Prediction market startup Kalshi gave Donald Trump Jr. about $300,000 in shares after he became a strategic adviser in early 2024, when the company was valued under $2 billion. The shares' value could rise significantly as Kalshi is now in talks to raise funds at a valuation of around $40 billion, potentially by Q3 2025. Kalshi allows betting on binary outcomes like weather or sports, and has benefited from a light regulatory approach under Trump-appointed officials. Trump Jr. also joined rival Polymarket's advisory board, linking him closely to the prediction market sector.
The 2026 CapitalCIO ORBIE Awards honored leading chief information officers from major organizations like Marriott International and NASA for their outstanding leadership and impact in technology. The event highlighted CIOs driving business transform...
The Fédération Internationale de l'Automobile (FIA) reported its best financial performance in 10 years for fiscal 2025, achieving an operating profit of €6.7 million, a 43% increase from the previous year, and reversing a €24 million loss in 2021. R...
Kyivstar, part of VEON Group, signed a Memorandum of Understanding with Ukraine's Ministry of Economy to develop a sovereign AI-ready data center. This initiative aims to enhance Ukraine's digital infrastructure, secure sensitive data within the coun...
Covered call ETFs like Global X S&P 500 Covered Call ETF (XYLD) and Russell 2000 Covered Call ETF (RYLD) generate high monthly income by selling call options on index holdings, resulting in yields above 10%. This strategy provides consistent cash flo...
OpenAI has introduced GPT-5.6, a new set of AI models named Sol, Terra, and Luna, designed with stronger cybersecurity capabilities and new safety measures. These models will first be available to select partners and then released more widely in the ...
