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Together, these revenue streams mean cryptocurrency influencers profit off their viewers no matter which way the market turns. Of course, crypto YouTube is a far cry from the regulated world of traditional finance. Armstrong told the Post that he made "maybe close to a million" from before dropping sponsored content in January 2022. A price list leaked by ZachXBT appears to show that dozens of small crypto influencers also have menus for similar undisclosed deals. But with little regulatory oversight, crypto influencers show little sign of slowing down — despite the precipitous decline of the crypto market.
Elon Musk texted with Larry Ellison before saying his Twitter deal was on hold, per a court filing. Twitter is arguing Musk's legal team is withholding text messages it subpoenaed related to the deal. Twitter subpoenaed Ellison in August, but the text messages have yet to be publicly filed. In 2018, Ellison was named to Tesla's board of directions and said he was "very close friends with Elon Musk." Twitter's legal team appears to be building a case around some of Musk's texts.
DWAC, which is a special purpose acquisition company, or SPAC, has been set to be the vessel to take Trump Media and Technology Group public. Now, its share price sits around $16 as markets slide, the appetite for SPACs dries up and Trump faces mounting legal peril. DWAC secured $1 billion in financing from private investors in public equity, also known as PIPE, which would fund Trump Media after the merger. By converting and selling these shares, PIPE investors also have the power to significantly dilute the holdings of other investors including former president Trump. Trump Media, DWAC and the PIPE investors didn't immediately return a request for comment.
Retail employers like Walmart and Target are spending big bucks to hire and retain workers. SEC rules require publicly traded companies to disclose their workers' median annual pay. Here's what the median worker gets paid at 15 retail companies, from lowest to highest. Rules following the financial crisis of 2008 require public companies to calculate their median worker's annual salary in order to compare it to the CEO's compensation. Scroll through below to see where 15 of the largest companies rank, from lowest to highest annual pay.
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