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| 12 November, 2026, 08:37 PM IST | Today's ePaper
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    ALEXIS OHANIAN

    Serena Williams’ family invested $250,000 in Angel City before its 2022 debut; a 2024 deal valued the soccer club at $250 million

    Since its founding, Angel City Football Club has experienced remarkable growth, skyrocketing from an initial valuation of $250,000 to an astonishing $250 million. The increase stems from heightened investor interest, emphasizing the expanding market potential in women's sports. The club, backed by prominent celebrity owners, not only prioritizes community engagement but has also established itself as a leading investment opportunity alongside a shift in perception about women's sports franchises.

    Palantir CEO Alex Karp quietly bought 37,000 acres in Sweden for $22 million; locals found out only after hunters got an unexpected email

    In a surprising move, Alex Karp, the CEO of Palantir Technologies, has acquired a substantial forested region in Härjedalen, Sweden, for 235 million kronor, about $22 million. Local hunters, caught off guard, learned their hunting leases were revoked. This acquisition highlights Palantir's controversial footprint in defense tech, as Karp intends to focus on land preservation and sustainable forestry initiatives, blending environmental efforts with corporate responsibility.

    Digg cuts jobs after facing AI bot surge

    CEO Justin Mezzell said in a blog post on Friday that the company ⁠is downsizing ⁠its team to a small core group after failing to find product-market fit against established social media platforms.

    'Internet is dead': Reddit cofounder Alexis Ohanian says it's all 'botted' and 'quasi-AI'

    Reddit co-founder Alexis Ohanian believes the internet is becoming artificial, dominated by bots and AI-generated content rather than genuine human interaction. He cited examples like LinkedIn's repetitive content and noted that cybersecurity researchers estimate over half of internet traffic may come from bots. Ohanian envisions a future of "verifiably human" online spaces where authentic engagement is paramount.

    'She gets $7 a week... and earns every penny': Serena Williams and Alexis Ohanian share how they teach daughter Olympia the power of hard work

    Despite being worth millions, Serena Williams and Alexis Ohanian are raising their daughter Olympia with grounded values. The 7-year-old earns a \$7 weekly allowance after completing chores, following a contract her parents negotiated—Serena as her lawyer. Their goal? To teach the value of hard work and rewards, proving discipline matters more than dollars in parenting.

    Reddit ‘faked its first users’: Resurfaced video shows co-founder Alexis Ohanian admitting 99% of early submissions were fabricated

    Reddit co-founder Alexis Ohanian revealed that nearly 99% of early Reddit submissions were fabricated by him and Steve Huffman to create an illusion of user activity. This strategy, aimed at boosting engagement, worked as real users eventually joined. Now, Reddit is a $10 billion platform with 500 million monthly users, proving initial faking can lead to real success.

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