Benzinga

Benzinga

Online Audio and Video Media

Detroit, MI 21,849 followers

Follow for financial news, data and education! 💸

About us

Follow for financial news, data and education! 💸

Website
http://www.benzinga.com/
Industry
Online Audio and Video Media
Company size
51-200 employees
Headquarters
Detroit, MI
Type
Privately Held
Founded
2010
Specialties
Investing, Stocks, ETFs, Trading, News, Mutual Funds, Forex, Commodities, Big Data, Cloud Data, API, Trade Education, cryptocurrency, crypto, investments, finace, financial, and markets

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    21,849 followers

    Meta is “almost ready” to introduce a new augmented reality prototype. Mark Zuckerberg, hinted that the prototype has left early testers “giddy.” In an interview with YouTuber Kane Sutter, which was posted on his YouTube channel, Zuckerberg disclosed that Meta is nearing the completion of its latest AR innovation. He teased the company’s upcoming “full holographic” glasses, an internal project dubbed Orion, saying, “Every person who I’ve shown it to so far, their reaction is giddy,” adding, “I’m really looking forward to showing that to more people.” The first version of these “true” AR glasses is expected to be unveiled at Meta’s annual Connect conference this fall.

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    21,849 followers

    Despite his vast wealth, Gates has a fondness for simplicity in his diet, particularly when it comes to lunch - he’s known for his love of cheeseburgers. “If you get the lunchtime slot with Bill, you’re eating burgers. Someone will always be sent to get bags of McDonald’s,” Joe Cerrell, managing director of the Gates Foundation, said. Renowned Spanish Michelin-starred Chef Jordi Cruz recently reminisced about an unusual encounter with Gates. The billionaire made an unexpected visit to ABaC, Cruz’s award-winning restaurant in Barcelona, leaving everyone perplexed by his choice. “Some time ago, Bill Gates came to the restaurant. Everyone came with him … his 25 bodyguards, entourage. Bill booked out the whole restaurant, just for him,” Cruz said. “We had prepared the best and biggest for him and his team. And do you know what Bill did? He ordered a Diet Coke and went back to his plane.” According to Cruz, Gates had reserved the restaurant for two full days, and while his entourage enjoyed the culinary delights of ABaC, Gates opted for a simple Diet Coke. The restaurant’s $313 tasting menu features extravagant dishes such as whipped hazelnut butter with bread crusts and caviar, flame-roasted guineafowl with corn, foie gras, sesame and black mole sauce, along with a dessert offering called a globe of lollipops with strawberry kakigōri, milk chocolate and tonka beans. When questioned about whether Gates had sampled any of the dishes, Cruz responded with a resounding, “Zero.” Bill Gates, Bill & Melinda Gates Foundation, Microsoft

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    Elon Musk reacted to Isaiah Simmons' wrapped white Tesla Cybertruck. Tesla started delivering the Cybertruck in November. Since then, several celebrities and popular names have taken delivery of it including Justin Bieber, Jay-Z and Beyonce, Serena Williams, and Lady Gaga. Simmons, a linebacker for the New York Football Giants new york giants, shared a picture standing on the bed of his newly wrapped white cyber truck. Elon responded, "Nice."

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    NVIDIA CEO Jensen Huang has sold over $29 million worth of shares amid the company’s remarkable stock market performance. Huang, often referred to as the “Godfather of GPU,” has been offloading his shares as Nvidia’s stock continues to soar. The CEO’s recent sales, disclosed in U.S. Securities and Exchange Commission filings, amount to $29,401,823, bringing his total sales to $184 million over the past three weeks. Nvidia’s stock reached its peak in June, driving the company’s market value to over $3 trillion. This surge underscored Nvidia’s dominant position in the tech industry, largely due to its focus on developing advanced chips for artificial intelligence applications. Huang’s leadership has been pivotal in Nvidia’s ascent. His recent share sales coincide with the company’s continued dominance in AI technology and its close competition with tech giants Microsoft and Apple in the race to achieve a $4 trillion market capitalization.

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    Jeff Bezos, the founder of $AMZN, has made headlines for his business ventures and extravagant lifestyle. One of the most notable symbols of his wealth is his superyacht, Koru, which costs around $500 million. This 417-foot luxury sailing yacht, built by Oceanco, features three towering masts and is the tallest sailing yacht in the world. Owning a superyacht like Koru involves significant annual expenses. The estimated cost to run and maintain Koru is about $25 million annually. Here’s a breakdown of these costs: - Crew Salaries: The yacht accommodates up to 36 crew members. Given the high skill level required, annual crew salaries can be significant but specific figures are not disclosed in the sources. - Maintenance: General maintenance, including repairs and refits, can reach tens of millions. According to Luxury Launches, refits alone can cost up to $20 million. - Fuel: Refueling the yacht can cost upward of $500,000 due to its large fuel capacity. Insurance: The annual insurance cost for a yacht like Koru is around $5 million. - Docking Fees: Docking fees in prime locations can be around $5,000 per night, totaling hundreds of thousands of dollars annually. - Utilities and Amenities: Operating the onboard facilities and utilities, including electricity and entertainment systems, can potentially cost between $1 million and $3 million per year. - Security: Additional security measures for such a high-value vessel can cost several million dollars annually. - Luxury Maintenance: Maintaining the yacht’s luxury interiors and furnishings can range from $2 million to $5 million annually. In early 2023, Jeff Bezos’s net worth was $107 billion. By early 2024, it had surged to $177 billion, a $70 billion gain. This translates to an increase of $191.8 million daily or about $8 million per hour. To put this into perspective, Bezos earns the equivalent of the median lifetime earnings of a typical U.S. worker ($1.7 million in 2023) in about 12.76 minutes.

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Funding

Benzinga 2 total rounds

Last Round

Series unknown

US$ 3.0M

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