Business

Isaac Hayes III Made History As The First Black Entrepreneur To Raise $10 M In Equity Crowdfunding For His Social Media Platform, Fanbase. The Subscription-Based Platform Surpassed $4.5 M In Its Latest Campaign, Boosting Total Capital To Over 8 Figures. The Funds Will Enhance User Experience, Develop Creator Tools, And For Marketing.

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Dictador, A Spirits Producer, Appoints Mika, The First Humanoid Robot CEO Developed By Hanson Robotics (Creators Of Sophia). Mika, Powered By Advanced AI, Prioritizes Data-Driven Decisions. But Public Opinions On AI Leadership Vary, Especially On Respect & Job Displacement. Even President Biden Recently Addressed AI Security Concerns.

Jay-Z, Aka Shawn Carter, Aged 53, Tops Forbes’ Billionaires List As The World’s Richest Rapper With A Net Worth Of $2.5b As Of April 2023. His Wealth Stems From Music, His Entertainment Company-Roc Nation, Basquiat Art, Marcy Venture Partners, And His Business Venture/Partnerships With Armand De Brignac Champagne And D’usse Cognac.

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Elon Musk Is Now the First Person In The World To Lose $200 Billion, After His Company, Tesla, Stocks Plunged 65%, In 2022, Due To Increasing Competition From Electric Automakers. This Loss Has Made Him The Second Richest Person In The World, Behind LVMH Chairman, Bernard Arnault. Musk Had A Peak Net Worth Of $340 Billion In Nov. 2021.

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Amazon Is Now The First Publicly Traded Company In The World To Lose $1 Trillion Dollars In Market Value, After Its Market Value Shrunk From $1.88 Trillion To $879 Billion. The Loss Is Attributed To These Factors: Disappointing Earnings, Soaring Inflation, A Slumping Economy, Raising Interest Rates, And Tightening Monetary Policies.

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