6 hours ago • Financian

Superstar YouTuber MrBeast and his talent-management company, Night Media, are growing apart.

The 25-year-old creator is taking increasing control over his business and told Texas-based Night that it would "no longer be his primary talent-management agency."

Night had been working with Donaldson since early 2018, when the company's CEO, Reed Duchscher, began helping Donaldson with his business.

"Reed has been with me since early on and has helped us grow to where we are," Donaldson said in the statement to Bloomberg. "As the company develops and our needs change, he and I continue to have a great relationship. At this point, it makes sense to put full focus into the growth of Feastables and for me to start building my own internal team." 

8 hours ago • Financian

Tesla CEO Elon Musk says its recent Model Y models have more driving range than you thought — but you'll have to pay to get it.

Musk said in a post on X that Model Y vehicles built over the past few months have an extra 40 to 60 miles of range that can be unlocked, depending on the battery.

Musk said Tesla could charge an extra $1,500 to $2,000 for the upgrade and that he's "working through regulatory approvals to enable" the new range. 

12 hours ago • Financian

Elon Musk 

21 hours ago • Financian

The victims of a romance scammer who defrauded women he met on Tinder out of over $100,000 have spoken out about being targeted.

Peter Gray, 35, from Yorkshire, UK, found his victims on Tinder and won their trust. He is sentenced to 56 months in prison.

Romance scams have boomed since the onset of the pandemic, with Americans losing over $1.3 billion to the practice in 2022, up 164% from 2019. Some 70,000 people in the US reported being a victim of a romance scam in 2022, according to the Federal Trade Commission.

Gray used information from driving licenses to scam Tinder dates
"It was shocking," a sister of one of Gray's victims told BBC News. "You see these things happening on TV. You never believe it's going to happen to you, but believe me, it can."

Gray engaged in this behavior for several years. In 2018, he matched with a woman BBC News identified as Jessica. On their third date, Jessica went to Gray's apartment and used the bathroom.

She told BBC News: "I left my bag on his dining table, he went in my bag and took pictures of my driving license and both my bank cards,"

A few weeks later, Jessica found out Gray had taken out £1,000 ($1,250) from her bank account and a £9,000 loan (about $11,000).

Something similar happened to a woman identified only as Hannah, who had only been seeing Gray for a week when she realized a loan for £20,000 (about $25,000) had been taken out in her name. 

1 day ago • Financian

A cryptocurrency trader reportedly lost tens of millions of dollars in a so-called "address-poisoning" scam.

Address-poisoning scams are carried out by thieves who make spoof accounts of their victim's online crypto address, which they use to send a small amount of currency to the victim in hopes they will accidentally send money to the fake address later.

Because blockchains are public, it's easy for scammers to find people's crypto addresses and send out spoof transactions to phish for victims.

CertiK, a blockchain security firm, confirmed in a post on X that it had detected a transfer of $69.3 million worth of bitcoin to an address "linked with address poisoning."

The victim's crypto wallet now shows a total loss of around 97% of its assets on Coinbase. The account is now worth just more than $1.6 million. 

1 day ago • Financian

In 1996, McDonald's introduced the Arch Deluxe, which never caught on. It was intended to appeal to "urban sophisticates" — outside of its target demographic. To reach this group, McDonald's spent $100 million, which makes it one of the most expensive product flops in history.

Turns out, McDonald's was just too early — today, burger chains like Five Guys and Shake Shack are wildly popular upstarts, hawking slightly more expensive fast-food burgers to the modern equivalent of "urban sophisticates." 

1 day ago • Financian

Elon Musk 

2 days ago • Financian

Musk told The Wall Street Journal in 2023 that he usually goes to bed around 3 a.m. and sleeps for six hours. So, he's typically waking up around 9 a.m. each day.

He might've been trolling when he wrote a response to a doctor that same year on X saying he eats "a donut every morning," but a quick search of Musk's posts reveals he's quite a fan of the pastry.

"I only have 0.4 donuts at a time, because my brain neural network quantizes it down to 0 donuts," he posted to X in October.

His mornings usually start with his phone in his hand. "Some days I wake up and look at Twitter to see if it's still working," Musk told Walter Isaacson in the "Elon Musk" biography.

It's unclear if Musk is keeping up with the daily lifting routine he spoke about in 2023. "I almost never work out, except for picking up my kids & throwing them in the air."

Musk has admitted on several occasions that running more than one company isn't easy. He splits time between his companies depending on the "crisis of the moment."

"I go to sleep, I wake up, I work, go to sleep, wake up, work—do that seven days a week, I'll have to do that for a while — no choice — but I think once Twitter is set on the right path, I think it is a much easier thing to manage than SpaceX or Tesla."

On the Tesla earnings call in April 2024, Musk said: "Tesla constitutes the majority of my work time, and I work pretty much every day of the week. It's rare for me to take a Sunday afternoon off."

Musk goes to bed around 3 a.m. and gets about 6 hours of sleep every night. Although he's not getting eight hours a night, Musk has upped his sleeping schedule from being nearly nonexistent in the past.

In May 2023, Musk told CNBC that he's no longer pulling all-nighters. Instead, he said he tries to get at least six hours of sleep.

He has a history of sleeping on the floors of his offices and the Tesla factory.

After purchasing Twitter in 2022, Musk all but moved into its San Francisco headquarters. He said there's a couch in the library that he would crash on from time to time. 

2 days ago • Financian

In Sam Altman's vision of the future, AI is a little intimidating.

"What you really want is a super-competent colleague that knows absolutely everything about my whole life, every email, every conversation I've ever had, but doesn't feel like an extension."

And they're self-starters that don't need constant direction. They'll tackle some tasks, presumably simpler ones, instantly, Altman said. They'll make a first pass at more complex tasks, and come back to the user if they have questions. 

2 days ago • Financian

A woman has claimed her second $1 million lottery prize within 10 weeks, playing the Massachusetts State Lottery.

Christine Wilson of Attleborough, Massachusetts, latest windfall came from the "100X Cash" $10 instant ticket game, adding to her previous win of $1 million from the "Lifetime Millions" $50 instant ticket game back in February.

She opted for the lump sum payment of $650,000 on both occasions.

Wilson used some of her previous winnings to buy an SUV. This time, she plans on putting her prize into savings.