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OnlyFans owner was paid over $700m before his death
Posted onThe late owner of streaming platform OnlyFans was paid more than $700m (£513m) in dividends before his death from cancer earlier this year. Fenix International Ltd, the British company that owns OnlyFans, made $714m in profit before tax last year, it said in its annual report. This is an increase of 5% from 2024. The…
Jerome Powell: World central bank chiefs declare support for US Fed chair
Posted onCentral banks across the world have joined together to declare that they stand in “full solidarity” with the Federal Reserve’s chair after the US launched a criminal investigation into Jerome Powell. The heads of the Bank of England, the European Central Bank and the Bank of Canada are among 11 senior bankers who have signed…
Tech billionaires seem to be doom prepping. Should we be worried?
Posted onZoe KleinmanTechnology editor BBC Mark Zuckerberg is said to have started work on Koolau Ranch, his sprawling 1,400-acre compound on the Hawaiian island of Kauai, as far back as 2014. It is set to include a shelter, complete with its own energy and food supplies, though the carpenters and electricians working on the site were…
How nervous are investors about the stock market?
Posted onEvery week it seems US financial markets are hit by another bout of fear. The latest worries spread this week from the banking sector in the US, after two regional lenders warned they would be hit by losses from alleged fraud. But before that, markets swooned over signs of rekindled US-China tensions, as the two…
