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☆ Buzzy Y Combinator-backed billing startup Lago has raised $22 million with this 22-slide pitch deck
▼ + stars: | 2024-03-14 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewLago, a French startup that offers open-source billing software, has raised $22 million. Founded in 2021, Lago utilizes the open-source community to help businesses like Mistral, Together AI, and Swan manage their payments and billing needs. AdvertisementIn addition, Lago, which has around 30% of its business in the US, will begin to scale out its offering outside of Europe. Lago believes its flexibility around infrastructure will help it win more clients globally as businesses look to create more customizable revenue stacks.

Persons: —, Lago, Swan, Matt Turck, Chuong, Turck Organizations: Service, Business, FirstMark, New Locations: Paris, Lago, Europe

☆ 'Black Swan' fund manager Mark Spitznagel expects the stock market to rally further before we hit the 'worst crash since 1929.' He explains how investors should think about their portfolios to survive
▼ + stars: | 2024-03-13 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

The fund made headlines for returning 4,144% amid the 2020 stock market crash, an example of a so-called black-swan event. And when the market moves one way, we think that's going to happen forever." Spitznagel's main don'ts to mom-and-pop investors are; don't chase the market, don't time the market, don't place too much confidence in its current direction, and don't make decisions based on short-term Fed moves. Instead, build a portfolio that's positioned so that if the market goes down by 50%, you won't be squeezed. And if the market is up 50%, don't be the sucker that's going to buy up there", Spitznagel said.

Persons: Mark Spitznagel, Spitznagel, Ray Dalio, We're Organizations: Universa Investments, Business

Former President Donald J. Trump offered a rambling and confusing explanation on Monday of why he had reversed himself on whether the United States should ban TikTok over concerns that its Chinese ownership poses a threat to national security. In a CNBC interview, Mr. Trump said that he still considered the social media app a national security threat but that banning it would make young people “go crazy.” He added that any action harming TikTok would benefit Facebook, which he called an “enemy of the people.”“Frankly, there are a lot of people on TikTok that love it,” Mr. Trump said. “There are a lot of young kids on TikTok who will go crazy without it.”“There’s a lot of good and there’s a lot of bad with TikTok,” he added, “but the thing I don’t like is that without TikTok, you can make Facebook bigger, and I consider Facebook to be an enemy of the people, along with a lot of the media.”

Persons: Donald J, Trump, “, ”, ” Mr Organizations: CNBC, Facebook Locations: United States

After the 2020 election, one story out of North Carolina had a powerful effect on Donald J. Trump. A proactive Republican, the story went, had worked behind the scenes to stop Democrats from stealing the election in the state and helped secure Mr. Trump’s victory there. That Republican was Michael Whatley, the chairman of the North Carolina G.O.P. Mr. Trump called Mr. Whatley after the election, and Mr. Whatley boasted to him about that program’s success. “That’s great,” Mr. Trump replied, as Mr. Whatley recounted the conversation in a speech to North Carolina Republicans last year.

Persons: Donald J, Trump, Michael Whatley, Whatley, “, Mr, Ronna McDaniel Organizations: Republican, Mr, Carolina G.O.P, North Carolina Republicans, Republican National Locations: North Carolina, Carolina, North, Arizona, Georgia

Donald Trump, who is urgently seeking a cash infusion to aid his presidential campaign, met on Sunday in Palm Beach, Fla., with Elon Musk, one of the world’s richest men, and a few wealthy Republican donors, according to three people briefed on the meeting who spoke on the condition of anonymity to describe a private discussion. Mr. Trump and his team are working to find additional major donors to shore up his finances as he heads into an expected general election against President Biden. Mr. Trump has praised Mr. Musk to allies and hopes to have a one-on-one meeting with the billionaire soon, according to a person who has discussed the matter with Mr. Trump. It’s not yet clear whether Mr. Musk plans to spend any of his fortune on Mr. Trump’s behalf. But his recent social media posts suggest he thinks it’s essential that Mr. Biden be defeated in November — and people who have spoken to Mr. Musk privately confirmed that is indeed his view.

Persons: Donald Trump, Elon Musk, Trump, Biden, Musk, It’s, Trump’s, Forbes Locations: Palm Beach, Fla, —

The primary season is about to shift into overdrive with Super Tuesday, when Republican voters in 15 states will cast their votes. Polls suggest that former President Donald Trump is very likely to win most, if not all, of these contests. I spoke with Nate Cohn, The New York Times’s chief political analyst, about when Trump’s nomination could become a lock. If the polls are right, there’s really only one scenario: Trump finding himself within easy striking distance of the nomination. Put it together, and Trump could easily win more than 90 percent of the delegates available on Super Tuesday.

Persons: Donald Trump, Nate Cohn, — Dean Phillips, Marianne Williamson —, Nate, It’s, Nikki Haley, Ron DeSantis, there’s, Trump, Haley, Israel’s, Haiyun Jiang, The New York Times Trump, Benjamin Netanyahu, Israel, you’re, You’re, ” Trump, Netanyahu, Biden, Israel —, America’s, ”, John Bolton, — Jonathan Swan, Maggie Haberman, Michael Gold Read Organizations: Republican, Trump, The, Democratic, Republican National Convention, California —, The New York Times, Univision, Republican Party, Hezbollah, Trump Republican Party, Biden, Democratic Party, “ Locations: Iowa , New Hampshire, California, Georgia, Hawaii , Mississippi, Washington, Arizona, Florida , Illinois , Kansas, Ohio, Gaza . Credit, Gaza, Israel, Lebanese, Rock Hill, S.C, Trump, Michigan

☆ 13 little-known facts about Edward Cullen that even die-hard 'Twilight' fans may not know
▼ + stars: | 2024-02-28 | by ( Amory Rose | ) www.businessinsider.com time to read: 1 min

Edward Cullen planned on killing Bella Swan and the rest of their biology class. Robert Pattinson as Edward Cullen in "Twilight." Summit EntertainmentEdward first sees Bella in the cafeteria of Forks High School, but it isn't until she steps into their biology class that he experiences her strong scent. "Midnight Sun" explains he was compelled to kill everyone else in the class and leave no witnesses in order to drink Bella's blood. He makes it through the class without harming anyone, though his compulsion to kill over 20 people makes it clear that even as a "vegetarian" vampire, Edward is still deadly.

Persons: Edward Cullen, Bella Swan, Robert Pattinson, Entertainment Edward, Bella, Edward Organizations: Entertainment, High School

Donald J. Trump and Mitch McConnell haven’t said a word to each other since December 2020. Assuming it happens, Mr. McConnell’s endorsement of Mr. Trump would have enormous symbolic value to the former president, giving him the embrace of the last holdout of Republican power whose rejection of him represents the final patch of unconquered territory in Mr. Trump’s march to the party’s 2024 presidential nomination. The support of Mr. McConnell, the Republican senator from Kentucky and the chamber’s minority leader, would also carry huge value in signaling to an entire class of donors and Trump-resistant Republican elites that it’s acceptable to get behind the party’s expected nominee — no matter their misgivings. This is no small thing, given that Mr. Trump has been forced to spend more than $50 million already on legal bills, and the groups supporting him are expected to be vastly outspent by President Biden’s operation. The secretive conversations between the Trump and McConnell camps have been happening between key advisers to both men who have known and worked with each other for more than 20 years: Chris LaCivita, a top campaign adviser to Mr. Trump, and Josh Holmes, a confidant and longtime political strategist for Mr. McConnell.

Persons: Donald J, Trump, Mitch McConnell haven’t, Trump’s, McConnell, —, Biden’s, Chris LaCivita, Josh Holmes Organizations: Republican, Trump Locations: Kentucky

Polls in the states she is expected to visit this week, including Colorado, Minnesota, North Carolina, Utah and Virginia, show her lagging far behind Mr. Trump. Hours before the last ballots were cast in South Carolina, Ms. Haley appeared to suggest a winding down could be in sight. The rest will be allotted at its convention on Saturday in a process likely to advantage Mr. Trump. Mr. Trump focused on the voting in Michigan in his efforts to subvert the 2020 election. Mr. Trump has since maintained a chokehold on the state’s Republican Party, as it has fallen into a political maelstrom of warring factions.

Persons: Nikki Haley, Donald J, Trump, Haley, ”, Joseph R, Biden, Richard Czuba, Haley’s, Koch, bode, “, Denise McDonald, Biden’s, “ He’s, “ We’re, Nicole Craine, Dennis Darnoi, Darnoi, Donald Trump, ” Mr Organizations: Republican, Democratic, PAC, Prosperity, Michigan Republicans, Trump, Biden, Republican National Committee, Mr, The New York Times Michigan, state’s Republican Party, Liberal, Hamas Locations: Michigan, Detroit, South Carolina, Troy, Mich, Lansing, New Hampshire, Colorado , Minnesota, North Carolina , Utah, Virginia, Kiawah, Israel

☆ At CPAC, Trump Invokes Clashing Visions of America’s Future
▼ + stars: | 2024-02-24 | by ( Jonathan Swan | Michael C. Bender | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump laid out what’s in store for America should he or President Biden win the 2024 presidential election, using a Saturday speech at the Conservative Political Action Conference to cast one nearly utopian vision of the country’s future and one reminiscent of a postapocalyptic movie. If Mr. Biden is re-elected for a second four-year term, Mr. Trump warned in his speech, Medicare will “collapse.” Social Security will “collapse.” Health care in general will “collapse.” So, too, will public education. America itself will face “obliteration.”On the other hand, Mr. Trump promised on Saturday that if he is elected America will be “richer and safer and stronger and prouder and more beautiful than ever before.” Crime in major cities? “Chicago could be solved in one day,” Mr. Trump said. “New York could be solved in a half a day there.”

Persons: Donald J, Trump, Biden, “, ” Mr, ” Organizations: Conservative Political, Conference Locations: America, U.S, ”, Chicago, York

At one point, Mr. DeSantis lacerated Mr. Trump’s record as president, saying he had failed to deliver on many campaign promises. “I was in Congress the first two years when Trump was president,” Mr. DeSantis said. One supporter asked Mr. DeSantis if he was afraid of being marginalized by Mr. Trump. Mr. DeSantis urged caution on such news reports but appeared to address years-old bad blood between him and one of Mr. Trump’s top aides, Susie Wiles, who had once worked for Mr. DeSantis. Mr. DeSantis sounded very much like a politician still eyeing his political future, including as he talked about pressing for term limits and other national concerns.

Persons: Ron DeSantis, Donald J, Trump’s, ”, Trump, ” Mr, DeSantis, Biden, “, Mr, Donald Trump’s, Susie Wiles, he’s, Chris LaCivita Organizations: Mr, Trump, New York Times, The New York, “ Locations: Florida

When Nikki Haley summoned the national media to Greenville, S.C., on Tuesday, she did something that was strikingly unusual even in this most bizarre of campaigns. She devoted an entire speech to explaining why she was not dropping out of the presidential race. Hungry for attention, and fed up with fielding questions about why she wasn’t reading the room and the polls, her team had billed the event, tantalizingly, as a “State of the Race” speech. “Some of you — perhaps a few of you in the media — came here today to see if I’m dropping out of the race,” Ms. Haley said. Ms. Haley was enjoying herself, finally able to say what she has long thought about Mr. Trump and seemingly delighted that she had focused national attention on her message.

Persons: Nikki Haley, Haley, Donald J, Ms, Trump Organizations: Trump, “ Locations: Greenville, S.C, “ State

☆ Trial Will Test Trump’s Limits of Reaping Political Gain From Legal Woes
▼ + stars: | 2024-02-16 | by ( Maggie Haberman | Jonathan Swan | ) www.nytimes.com time to read: +1 min

For all their bluster, nobody in Donald J. Trump’s political inner circle actually thinks a criminal conviction will help him with the independent voters and suburban women who lost him the presidency in 2020. But since Mr. Trump was first indicted, he and his team have looked toward securing the nomination as a vital imperative. And as he is set to become the first former United States president to stand trial, some of those advisers — who long ago realized that his freedom is intertwined with the outcome of the 2024 election — see a silver lining in the calendar. On Thursday, a New York judge set a March 25 start date for a trial on charges brought by the Manhattan district attorney, Alvin L. Bragg, accusing Mr. Trump of falsifying business records to cover up reimbursements for a hush-money payment made in 2016 to a porn star who said she had a past affair with him. Legal observers have commented that, compared with charges Mr. Trump faces for hanging onto sensitive national security documents and obstructing efforts to retrieve them, or with the charges accusing him of conspiring to defraud the United States in trying to overturn an election, the hush-money case seems far less weighty.

Persons: Donald J, Trump, —, Alvin L, Bragg Organizations: United, Mr Locations: United States, New York, Manhattan

☆ Trump Privately Favors a 16-Week Abortion Ban
▼ + stars: | 2024-02-16 | by ( Maggie Haberman | Jonathan Swan | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump has told advisers and allies that he likes the idea of a 16-week national abortion ban with three exceptions, in cases of rape or incest, or to save the life of the mother, according to two people with direct knowledge of Mr. Trump’s deliberations. Mr. Trump has studiously avoided taking a clear position on restrictions to abortion since Roe v. Wade was overturned in the middle of 2022, galvanizing Democrats ahead of the midterm elections that year. Mr. Trump has approached abortion transactionally since becoming a candidate in 2015, and his current private discussions reflect that same approach. One thing Mr. Trump likes about a 16-week federal ban on abortions is that it’s a round number. “Know what I like about 16?” Mr. Trump told one of these people, who was given anonymity to describe a private conversation.

Persons: Donald J, Trump, Roe, Wade, “, ” Organizations: galvanizing, Republican

☆ G.O.P. Officials, Once Critical, Stand by Trump After NATO Comments
▼ + stars: | 2024-02-12 | by ( Maggie Haberman | Jonathan Swan | ) www.nytimes.com time to read: 1 min

After Donald J. Trump suggested he had threatened to encourage Russia to attack “delinquent” NATO allies, the response among many Republican officials has struck three themes — expressions of support, gaze aversion or even cheerful indifference. Republican Party elites have become so practiced at deflecting even Mr. Trump’s most outrageous statements that they quickly batted this one away. Mr. Trump, the party’s likely presidential nominee, had claimed at a Saturday rally in South Carolina that he once threatened a NATO government to meet its financial commitments — or else he would encourage Russia to “do whatever the hell they want” to that country. In a phone interview on Sunday, Senator Lindsey Graham of South Carolina seemed surprised to even be asked about Mr. Trump’s remark.

Persons: Donald J, Trump, Lindsey Graham of Organizations: NATO, Republican Party Locations: Russia, South Carolina, “, Lindsey Graham of South Carolina

☆ Trump Backs His Candidate for R.N.C. Chair, and His Daughter-in-Law for Co-Chair
▼ + stars: | 2024-02-12 | by ( Maggie Haberman | Jonathan Swan | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump on Monday night made public what he has been discussing privately for days: He has settled on someone to replace Ronna McDaniel as the chair of the Republican National Committee, and wants his daughter-in-law, Lara Trump, to be the co-chair. “The RNC MUST be a good partner in the presidential election,” Mr. Trump wrote in his statement. “It must do the work we expect from the national Party and do it flawlessly. He said he wanted his “friend” Michael Whatley, currently the chairman of the North Carolina Republican Party and the national committee’s general counsel, and “my very talented daughter-in-law, Lara Trump,” to serve as party leaders. “Lara is an extremely talented communicator and is dedicated to all that MAGA stands for,” Mr. Trump said of his daughter-in-law, who is married to his middle son, Eric.

Persons: Donald J, Trump, Ronna McDaniel, Lara Trump, ” Mr, ” Michael Whatley, “ Lara, MAGA, Eric, “ Organizations: Republican National Committee, national Party, North Carolina Republican Party, ”

“The RNC MUST be a good partner in the presidential election,” Mr. Trump wrote in his statement. “Lara is an extremely talented communicator and is dedicated to all that MAGA stands for,” Mr. Trump said of his daughter-in-law, who is married to his middle son, Eric. The Times had previously reported that Mr. Trump wanted Mr. Whatley — a supporter of his false claims about widespread voter fraud — as the next R.N.C. An election must be called to replace Ms. McDaniel when she ultimately decides to step down. But Ms. Haley is trailing Mr. Trump in South Carolina, her home state, as well as in Super Tuesday states.

Persons: Donald J, Trump, Ronna McDaniel, Lara Trump, ” Mr, ” Michael Whatley, “ Lara, MAGA, Eric, “, Ms, Whatley —, McDaniel, Whatley, Chris LaCivita, Mr, ” Ms, Trump’s, Nikki Haley, Haley Organizations: Republican National Committee, national Party, North Carolina Republican Party, ”, New York Times, The Times, U.S . Senate, Trump, South Carolina, Republican National Convention, United Nations, Mr Locations: North Carolina, South Carolina, Super, New Hampshire

☆ SoftBank's Arm success is almost like a 'white swan' event, CLSA says
▼ + stars: | 2024-02-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoftBank's Arm success is almost like a 'white swan' event, CLSA saysOliver Matthew of CLSA discusses the surge in chip designer Arm's shares and the positive impact that its initial public offering success has had on SoftBank.

Persons: CLSA, Oliver Matthew

NEW YORK (AP) — Executive producer Ryan Murphy is known for creating vivid TV worlds where high drama feels completely normal. Costume designer and producer Lou Eyrich has helped him bring these worlds alive, and their latest collaboration, “Feud: Capote vs. Eyrich said Watts, who plays Babe Paley, “got hit the hardest” as the main character besides Capote. While the real Paley wore a designer dress with a fur coat to the ball, Posen made adjustments. “She took everybody’s notes really to heart and she really wanted it to be collaborative.

Persons: Ryan Murphy, Lou Eyrich, ”, Truman Capote, Babe Paley, C.Z, Lee Radziwill, ” Tom Hollander, Capote, cavorting, Naomi Watts, Diane Lane, Demi Moore, Chloe Sevigny, Molly Ringwald, Laurence Leamer, Watts, Eyrich, “, ” Watts, Hulu —, Murphy, “ Ryan, ” Eyrich, Erich, Babe, Gucci loafers, Zac Posen, Posen, ” Posen, Jim Henson, Fellini, Zeffirelli, Paley, it’s, Van Cleef, Cartier, Verdura, I’m, ” Moore, Ringwald, —, ” Ringwald, “ I’m, ” Sevigny, Eyrich’s Organizations: —, Manhattan, AP, Hulu, American Locations: New York, turtlenecks, Givenchy

She will technically win the contest anyway, as state election law says that “only votes cast for the named candidates shall be counted.” But the confounding result denied her even a symbolic victory. Mr. Trump needled Ms. Haley for her performance on social media, calling the result a “bad night” for her. In a Trump campaign email, Steven Cheung, a spokesman, called it “brutal” and contended that the Haley campaign acknowledged it had “intentionally disrespected the people of Nevada” by refusing to campaign there. Ms. Haley cast her party as mired in the same disorder that surrounds the man who has remade it in his image. Nevertheless, onstage in Los Angeles, Ms. Haley told the audience she wasn’t going anywhere.

Persons: Nikki Haley, Donald J, Trump, “, — he’s, ” Ms, Haley, ”, Ms, —, you’re, “ we’ve, Haley’s, Steven Cheung, Ronna McDaniel, Mr, Trump’s, “ Donald Trump Organizations: Republican, Hollywood Post, American Legion, United Nations, ”, Trump, Republican National Committee, Mr Locations: Los Angeles, Nevada’s, New Hampshire, South Carolina, Nevada, California

☆ Karen Firestone: Here’s what’s fueling mega-cap tech’s win streak into 2024
▼ + stars: | 2024-02-07 | by ( Karen Firestone | ) www.cnbc.com time to read: +5 min

The Jan. 31 session, which came after the first Big Tech earnings day, was tough. A non-stock devotee would be blown away by any of the following data points: In the fourth quarter , Meta grew ad volume by 21% year over year. Meanwhile, net sales for Amazon in 2023 hit $574.8 billion – a 12% increase from the year earlier. The above table illustrates the compound annual growth rate analysts expect for the mega caps, the S & P 500, and the 494 stocks excluding the Big Six. This compares to 20.3 for the S & P 500.

Persons: we've, Jerome Powell's, Meta, Apple, bemoaned Meta's, ROA, — Karen Firestone Organizations: Big Tech, Microsoft, Nasdaq, Nvidia, Apple, Google, Power, Amazon, TikTok, Facebook, Asset Management

Only five days after Donald J. Trump left office, one of his aides emailed a lawyer to request approval of a formal-looking seal for use on statements from the office of the 45th president. Margo Martin, one of his closest personal aides, told the lawyer, Scott Gast, that consultants had designed a subtly-modified seal for Mr. Trump. “They said they changed a few things to avoid trademark issues,” she wrote, asking Mr. Gast if the design was acceptable. The eventual image that Mr. Trump’s team used — a recognizable eagle from the Great Seal of the United States, placed in a circle — was evocative of the presidential seal that identified Mr. Trump with the job he had just left. And while he is hardly the first former White House occupant to affix an eagle to his website, the early conversations about presidential imagery revealed what has turned out to be an important obsession of Mr. Trump’s: being seen as much as a future president as a former one.

Persons: Donald J, Trump, Margo Martin, Scott Gast, “, ”, Mr, Gast Organizations: White Locations: United States

☆ ‘Curb Your Enthusiasm’ Season 12 review: Larry David begins the end of his show for people who hate people
▼ + stars: | 2024-02-04 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

Mostly, Larry David’s extended swan-song provides a final chance to watch him and his pals carry on like idiots, feeling a little more hit-miss in the execution. Larry David and J.B. Smoove in "Curb Your Enthusiasm." That unique dynamic alone has made “Curb” a fascinating experiment, which has lasted far longer than even David probably could have envisioned. Even with all that creative freedom, given David’s quirks, real and imagined, its longevity is frankly remarkable. “Curb Your Enthusiasm” begins its 12th and final season February 4 at 10 p.m.

Persons: ”, Larry David’s, Larry, “, Jeff, Jeff Garlin, David, Susie, Susie Essman, Leon, J.B, Richard Lewis, Ted Danson, Larry’s, Cheryl, Cheryl Hines, Robert F, Kennedy Jr, Tracey Ullman, Larry doesn’t, he’s, Larry David, John Johnson, Siri, there’s, “ Seinfeld Organizations: CNN, HBO, Warner Bros .

☆ Everything we know about Quentin Tarantino's 10th and final movie reportedly starring Brad Pitt
▼ + stars: | 2024-02-02 | by ( Olivia Singh | ) www.businessinsider.com time to read: +5 min

The legendary director is currently working on "The Movie Critic," which he says will be his 10th and final film. For more than a decade, Tarantino has declared that he wants to stop directing films after his 10th movie. During a 2019 press conference for Once Upon a Time in Hollywood," Tarantino said that he's envisioned his final movie as "a little more epilogue-y." The movie is inspired by a real-life film critic who worked for a pornography magazineWhen "The Movie Critic" was first reported to be in the works back in March, the premise was a little bit different. Brad Pitt is reportedly set to star in 'The Movie Critic'Brad Pitt has starred in two of Quentin Tarantino's previous movies.

Persons: —, Quentin Tarantino's, Tarantino, he's, Quentin Tarantino, Django, John Shearer, Chris Wallace, Steven Soderbergh, David Lynch, Hayao Miyazaki, Pauline Kael, Leonardo DiCaprio, Pitt, Brad Pitt, Michel Euler, it's, Aldo Raine, Cliff Booth, Oscar Organizations: Service, Business, Playboy, Hollywood Reporter, New, Cannes, Hollywood Locations: Hollywood, Los Angeles, New Yorker, California

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCelsius exits bankruptcy, starts returning more than $3 billion to creditors: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Cory Klippsten, founder and CEO of Swan Bitcoin, discusses the company's decision to launch its own mining business.

Persons: explainers, Cory Klippsten, Swan Bitcoin Organizations: CNBC Crypto, CNBC

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