Dragonfly Capital could be the target of federal charges stemming from its early investment in Tornado Cash developer PepperSec, Inc., but the venture firm says it is prepared to “vigorously defend” itself if prosecutors pursue the case. In a Friday social media post, Dragonfly Capital managing partner Haseeb Qureshi defended the firm’s early backing of
SAN ANTONIO – In a letter obtained by KSAT Friday morning, the San Antonio Spurs outlined its proposed investment details for a downtown arena linked to the city’s ongoing Project Marvel discussions. Spurs Sports & Entertainment (SS&E) investors and future development partners “are willing to invest over $1 billion in this effort,” said Spurs Chairman
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Fluctuating markets, high inflation and unyielding interest rates make for a challenging environment for traditional asset classes such as stocks and bonds, which tend to move in tandem with market conditions. As investors look to strengthen their portfolios amid economic uncertainty, alternative investments offer an opportunity for diversification and risk-adjusted returns to enhance the performance
COEUR d’ALENE — Pinkerton Wealth has been ranked as one of the Top 225 Registered Investment Advisors in the nation — the only firm in the Inland Northwest to do so. As of Dec. 31, Pinkerton Wealth reported $1.25 billion in assets under management, indicating an 18.23% net growth in client assets in 2024. A
Two years after securing $1 billion in commitments from over 20 countries, the NATO Innovation Fund (NIF) is entering a new chapter, marked by the arrival of two new partners and the departure of its penultimate founding team partner. In a context of increased military spending across NATO members, investment in dual-use technology has skyrocketed
As part of the U.S.–Japan trade deal the White House announced on Tuesday, Japan has committed to providing $550 billion worth of investment in the U.S. So where might that money go, and what might this investment look like? Japan is already the number one foreign investor in the U.S., with $754 billion invested as
Grant Schweikert There’s a lot of talk lately and, and action, so to speak, in the defense tech space, the national security technology space, lots of innovative companies and emerging technologies are very interested in the defense market. As people know that have been involved in government contracts market and defense market for a
Collins Aerospace is once again expanding its wings, this time in Richardson. The aerospace giant, operating under RTX, has committed to ramp up its manufacturing and research and development operations, creating over 570 new jobs and injecting more than $57 million in capital investment into the region. Backed by a Texas Enterprise Fund grant of
A leaked memo from the CEO of AI company Anthropic revealed a troubling, but potentially unavoidable, conundrum facing artificial intelligence companies: securing investments from wealthy leaders in the Middle East and potentially funding dictators. Anthropic’s ethical reversal The plan was leaked in an internal Slack message sent by CEO Dario Amodei to the company’s employees.