All posts tagged: cash

A VC Firm Full of Former Navy SEALs Is Pumping Cash Into the High-Tech Weapons Industry

A VC Firm Full of Former Navy SEALs Is Pumping Cash Into the High-Tech Weapons Industry

Harpoon Ventures isn’t for “nerds.” This is one of the many selling points investor Clint Brown gives for the San Diego–based defense-tech venture capital firm, which recently closed a $155 million fundraising round. Another selling point? Half of the fund’s 10 employees are former Navy SEALs, including founder and former Olympic swimmer Larsen Jensen. “There’s Andrew Couillard,” Brown says, listing another investor. “He was EOD.” When I ask what that means, Brown hesitates. “He knows how to defuse nukes,” he finally says, laughing. “My head is like, You’re not supposed to tell people that.” Then, as if to make the résumé even more improbable: “He’s fluent in Mandarin, and he’s just the whitest guy you’ve ever met.” Another partner, Jake Windle, served with the famed SEAL Task Unit Bruiser during the Iraq War’s Battle of Ramadi in 2006, alongside commander Jocko Willink and sniper Chris Kyle, whose memoir later became the film American Sniper. Today, Brown insists, their lives are considerably less cinematic, filled with surfing, working out, and time spent with their kids. “We …

The Great Peptide Cash Grab Has Begun

The Great Peptide Cash Grab Has Begun

Has anyone tried to sell you peptides yet? If not, they probably will soon. Once a niche interest among bodybuilders and biohackers, peptides are an increasingly popular class of substance hyped by both fringe influencers and the current US Secretary of Health and Human Services. Earlier this year, Robert F. Kennedy Jr. told the podcaster Joe Rogan that the government intended to loosen restrictions on peptide production. This week, it could finally happen: On July 23 and 24, the Food and Drug Administration will discuss whether to reclassify a group of peptides so that pharmacies can legally make custom mixes, a process known as compounding. The move would reverse a decision made in 2023 by the Biden Administration, which barred certain peptides from being compounded. Although career scientists at the agency have recommended against it, many industry insiders tell WIRED they believe the FDA will approve reclassification anyway, since the committee put together to do the assessment includes peptide boosters. Some players in the telehealth world are already operating under the assumption that the floodgates …

Samsung Debuts Galaxy Card With 5% Cash Back to Take On Apple Card

Samsung Debuts Galaxy Card With 5% Cash Back to Take On Apple Card

Samsung today announced the launch of its first credit card in the United States, debuting the Samsung Galaxy Card in partnership with Barclays. The Samsung Galaxy Card works as a standard Visa card and offers special financing options for Samsung Galaxy devices purchased through Samsung. Apple Card has a similar financing option for Apple devices. There is no annual fee for the Samsung Galaxy Card, and cardmembers earn 5% cash rewards on in-store or online purchases made directly from Samsung in the U.S. There are 3% cash rewards on purchases made using Samsung Wallet, 2% cash rewards on streaming service purchases like Netflix, Disney+, and Spotify, and 1% on everything else. New users can earn $200 in cash rewards after spending $2,000 on purchases in the first 90 days of opening an account, and get a 20% discount on the Samsung VIP Advantage membership when using a Galaxy Card. ‌Apple Card‌ has 3% cash back for Apple purchases and purchases from select merchants, 2% for Apple Pay purchases, and 1% for everything else, so Samsung …

US Embassy Offers Large Cash Sums For Groups In Lebanon To Promote America’s Image

US Embassy Offers Large Cash Sums For Groups In Lebanon To Promote America’s Image

Via The Libertarian Institute The US Embassy in Lebanon announced that the State Department is offering grants of up to $250,000 to groups that help promote American propaganda.  “The US Embassy in Beirut is opening a new Notice of Funding Opportunity for 2026,” a statement published this week explained. “We’re looking for partners to implement programs that strengthen ties between the US and Lebanon, with a focus on highlighting US-led peace and stabilization efforts, and advancing digital literacy to help people identify and push back on false, adversarial narratives.“ American Embassy in Beirut. The State Department website says the program is expected to award $500,000 to at least two groups to promote US propaganda in Lebanon. It adds that the program’s goal is to “strengthen local public understanding of US-led peace and stabilization efforts, and its role as a partner committed to security, economic opportunity, and responsible regional leadership.” Washington is attempting to broker a peace agreement between Tel Aviv and Beirut. However, Israel is at war with Hezbollah, a non-state military that operates outside of the control …

Policy research for whom, by whom? From cash pilot to cash policy through critical participatory action research – Evidence & Policy Blog

Policy research for whom, by whom? From cash pilot to cash policy through critical participatory action research – Evidence & Policy Blog

Mica Baum-Tuccillo, María Elena Torre and Maya Tellman This blog post is based on the Evidence & Policy article, ‘From pilot to policy: using critical participatory action research to build youth power and economic inclusion for young people with experience in foster care‘, part of the part of the Evidence & Policy Special Issue: The Role of Youth-Led Research in Policy Change. What would it look like if young people who have survived and navigated policies arguably designed to fail them were the architects of the research meant to evaluate them? If those most impacted had the authority to produce the evidence needed to reshape these very policies? How do we understand policy research as we experience the destruction of social supports, where meaningful change is possible, yet solutions remain bound by broken systems no single policy can resolve? From June 2023 to June 2024, YouthNPower: Transforming Care gave $1,000 a month for one year to a representative group of 100 young people who aged out of New York City’s foster care system. Participants were …

Murrell at centre of fresh £1.5m missing cash scandal

Murrell at centre of fresh £1.5m missing cash scandal

Peter Murrell pleaded guilty earlier this year to embezzling funds from the SNP while he was its chief executive – BBC Peter Murrell controlled a Scottish independence campaign group that is under police investigation for an alleged £1.5m discrepancy in its finances, an insider has claimed. Murrell, the disgraced former chief executive of the SNP, who was jailed for stealing more than £400,000 from the party, was alleged to have had oversight of high-value donations given to Yes Scotland, with one former staffer claiming that “his foot was on the pipe”. The SNP has insisted that it acted independently of Yes Scotland, the company that led the group campaigning to take Scotland out of the Union in 2014, but the group’s former marketing director has cast doubt on that claim. Yes Scotland recorded £1.5m in its accounts at the end of 2014, but recent filings showed it had a balance of zero. It has said that its income was fully accounted for and that it was “defamatory to say otherwise”. Police are investigating after a …

Indonesia’s anti-graft prosecutor quits after police seize gold and cash | Corruption News

Indonesia’s anti-graft prosecutor quits after police seize gold and cash | Corruption News

Police seized 74kg of gold bars and $20m cash in various currencies. Published On 11 Jul 202611 Jul 2026 Indonesia’s top anticorruption prosecutor has resigned after police raids on his home and other locations led to the seizure of gold bars and $20m of cash in multiple currencies. In a statement on Saturday, the Attorney General’s Office said Febrie Adriansyah was stepping down as head prosecutor of special crimes “to maintain the integrity, objectivity, and neutrality of law enforcement”. Recommended Stories list of 4 itemsend of list Authorities have not formally charged Febrie with any crimes. Jakarta and national police raided at least 12 locations and interviewed 15 witnesses across Jakarta, South Tangerang and Bogor on July 8 and 9 in connection with a corruption and bribery case that authorities believe led to recent electricity blackouts in several parts of the country. The investigations are connected to massive fraud scandals at the state insurers Asabri and the now-defunct life insurance Jiwasraya, as well as concerns that state officials were colluding with mining companies procuring poor-quality …

Block reaches M settlement with 46 states over Cash App fraud probe

Block reaches $45M settlement with 46 states over Cash App fraud probe

Block has agreed to pay $45 million to settle claims brought by 46 U.S. states alleging that its peer-to-peer payments app, Cash App, failed to adequately protect users from fraud. State attorneys general said they found that Block misled users by falsely advertising that Cash App provided bank-like protections, including advanced fraud detection. Block denied wrongdoing. According to the states, Cash App allowed users to create accounts without a Social Security number or date of birth, and didn’t place limits on the number of accounts a person could open, making it easier for scammers to exploit the platform. The states also alleged that because Cash App didn’t provide an official customer support phone number, many users who were locked out of their accounts turned to fake customer service numbers that were operated by scammers. Many Americans rely on fintech apps as their banking services, which has led to increased oversight. Block’s settlement marks the latest chapter in regulators’ scrutiny of Cash App’s business practices. It follows earlier action by the Consumer Financial Protection Bureau, which …

Futures Rebound With Cash Markets Closed; Gold, Bitcoin Jump

Futures Rebound With Cash Markets Closed; Gold, Bitcoin Jump

While US cash markets are closed for the July 4th holiday, stocks around the world rebounded from yesterday’s momentum rout as the latest round of jitters about the AI trade subsided, with Europe’s benchmark rising to an all-time high. S&P futures rose 0.3% and Nasdaq 100 futures rebounded 1.2% in thin holiday trading after South Korean memory giants SK Hynix and Samsung Electronics recovered, helping to drive a 2% rally in Asian shares after earlier tumbling with SK Hynix plunging as much as 30% from its all time high. Europe’s utility and technology sectors outperformed to set the Stoxx 600 up for a second straight record close. The dollar touched a two-week low amid another mjni flash crash in the USDJPY overnight while gold extended gains. Friday’s gains marked the latest turn in a stretch of choppy trading as markets grapple with whether the second quarter’s AI-driven rally has gone too far. With stocks recovering after a two-day rout in chipmakers, investors are waiting for the upcoming earnings season as the next signal of whether massive spending on AI infrastructure can translate into profits. “The …