Most expensive art auction ever: Paul Allen’s collection fetches record US$1.6 billion
It’s the first time a single owner’s art collection has broken the billion-dollar threshold—and the action hasn’t ended yet.
Billionaires
Binance bails on FTX acquisition — Here’s what led to the FTX crypto crash
The crypto industry shed US$176 billion in market capitalization since Sunday, a 19.5% decline.
Billionaire Richard Branson must face fraud suit from Virgin Galactic shareholders
Shareholders allege Branson and his company concealed issues with the commercial spaceflight program and sold overinflated stock.
Musk warns Twitter will permanently ban impersonators after getting parodied by verified users
As part of an effort to mock Twitter’s new paid verification system, several verified accounts on the platform changed their display images and names to mimic Elon Musk.
Billionaire Changpeng Zhao’s Binance to offload all remaining FTT tokens of Sam Bankman-Fried’s FTX
Changpeng Zhao wrote of “recent revelations that have come to light.”
Twitter launches US$8-a-month Blue Check days after Musk’s promise
Users with Twitter Blue can post longer videos and have their content prioritized.
Sean ‘Diddy’ Combs hopes to build the ‘Diageo Of Cannabis’ with US$185 Million deal
The deal will help the hip-hop mogul foster more Black and Brown entrepreneurs in the industry.
Inside Paul Allen’s billion-dollar art auction
More than 150 masterpieces owned by the late Microsoft co-founder go on sale next week.
E.T.’s new home? Mechanical alien model from Spielberg film is up for sale
The alien from the hit 1982 move could fetch as much as US$3 million, according to Julien’s Auctions.
Saudi Prince Alwaleed becomes Twitter’s second-largest shareholder
The Saudi royal tweeted “Dear friend “Chief Twit” @elonmusk Together all the way @Twitter.