Tag

Fundraising

All articles tagged with #fundraising

Alibaba taps HK market to fund AI push after profits slump
business1 day ago

Alibaba taps HK market to fund AI push after profits slump

Alibaba priced an HK$80 billion share placement, issuing 710 million new shares at HK$112.70 each to non-U.S. investors, with net proceeds earmarked for expanding AI capabilities and infrastructure. The move follows a 75% quarterly profit drop as AI spending weighed on results, with capital expenditure up 75% to 67.7 billion yuan; Alibaba had pledged to invest at least 380 billion yuan in AI and cloud infrastructure over three years. The stock slid up to about 10% in Hong Kong after the news.

WHO meteorologist Jason Parkin reveals Parkinson's diagnosis and fundraising push
health3 days ago

WHO meteorologist Jason Parkin reveals Parkinson's diagnosis and fundraising push

WHO meteorologist Jason Parkin disclosed a Parkinson's disease diagnosis, the same week as colleague Jeriann Ritter's ALS; he will emcee the APDA Iowa Optimism Walk on Sept. 19 and leads a fundraising team, 'The Cumulonimbros', aiming for $7,500 (63% raised as of Aug. 20). He stresses exercise and treatment options and says he wants to raise awareness and support for research.

politics4 days ago

Trump’s Super PAC Hoards Cash as Paxton’s Texas Bid Teeters

MAGA Inc., the Trump-aligned super PAC, added about $3 million in July and now holds over $403 million, but did not spend on any candidates or independent expenditures, including in Texas where Ken Paxton’s Senate race is effectively a toss-up; donors say only Trump can bankroll Paxton to defend Texas, while some prefer the money be spent on other races; the NRSC has not prioritized Texas, and Paxton’s path remains uncertain as polls tighten and national donors weigh where to invest.

Brothers Turn Tragedy Into a Mission: 99.9% Dementia Risk Drives Global Fundraising
health9 days ago

Brothers Turn Tragedy Into a Mission: 99.9% Dementia Risk Drives Global Fundraising

Two brothers, Jordan (31) and Cian (26), both carrying a 99.9% risk of developing the same rare dementia that killed their mother, Geraldine, have launched the FTD Brothers foundation and raised about $4 million by performing extreme endurance stunts and building a social following of over 1 million to raise awareness and fund research. Their feats include the London Marathon carrying a 55-pound fridge, 33 marathons in 33 days, and other endurance challenges, as they push to build a lasting legacy as they confront the disease in the years ahead.

ActBlue at a crossroads: leadership clash and GOP probes threaten Democratic fundraising giant
politics12 days ago

ActBlue at a crossroads: leadership clash and GOP probes threaten Democratic fundraising giant

ActBlue has faced internal turmoil after outside counsel warned its vetting of foreign donations may have fallen short, prompting a leadership clash, resignations, and renewed GOP probes into possible misrepresentation to Congress; Democrats defend the leadership while Republicans seek documents, but ActBlue remains central to Democratic fundraising with record quarterly totals and new rules barring foreign-address contributions as campaigns consider backup tools ahead of the midterms.

11-year-old’s cancer misdiagnosed as tonsillitis leads to Stage 4 Burkitt lymphoma diagnosis
health12 days ago

11-year-old’s cancer misdiagnosed as tonsillitis leads to Stage 4 Burkitt lymphoma diagnosis

An 11-year-old UK girl, Armaie “Melly” Burrows-Pitt, was eventually diagnosed with Stage 4 Burkitt lymphoma after doctors initially treated her fatigue and loss of appetite as tonsillitis; she spent 15 days in hospital, then was moved to Birmingham Children’s Hospital where she began six months of chemotherapy as the cancer spread to her spleen, liver and bone marrow. Her family, frustrated by the delayed diagnosis, has launched fundraisers to cover treatment costs and support Birmingham Children’s Hospital and Ronald McDonald House, planning trips and experiences for Melly during treatment.

Donor Alarm: Harris Faces Donor Fatigue Ahead of 2028 Bid
politics15 days ago

Donor Alarm: Harris Faces Donor Fatigue Ahead of 2028 Bid

A former DNC fundraiser, Lindy Li, warned on Fox News that major donors are unlikely to back Kamala Harris in a 2028 bid, citing Democratic divisions, fundraising struggles, and a leftward drift toward socialism. Li said donors view contributions as a business proposition, have grown frustrated with money handling and accountability, and noted billions spent by Harris’s campaign operation and allied groups.

Telford pub fundraiser outfits ambulances with DKA testing after dad's death
health20 days ago

Telford pub fundraiser outfits ambulances with DKA testing after dad's death

A community fundraising drive at The Elizabethan pub in Telford raised £18,000 to provide ketone-testing equipment for West Midlands Ambulance Service, enabling crews to routinely test for diabetic ketoacidosis (DKA). The effort honors Nik Russell, a 32-year-old with type 1 diabetes who died from DKA after refusing hospital, and aims to raise awareness and save lives. WMAS notes it was the country’s first trust to test for DKA and the gear began rolling out in May 2021, with Nik’s family and locals celebrating the impact and the project earning finalist status in the BBC Make a Difference Awards.

Jared Leto Pursues a $75 Million VC Fund Before Controversy Surfaces
business21 days ago

Jared Leto Pursues a $75 Million VC Fund Before Controversy Surfaces

Hollywood actor Jared Leto was reportedly raising a first-time venture fund targeting $75 million, with a16z reportedly reaching out to potential backers before sexual misconduct allegations surfaced; it remains unclear how much capital was raised, Leto denies the claims, and his prior investments include Robinhood, Postmates, Reddit, Headspace, Relativity Space, and Replit, highlighting the growing influence of celebrity investors in Silicon Valley.

Giannoulias Enters Chicago Mayor’s Race With Massive Fundraising Lead
politics22 days ago

Giannoulias Enters Chicago Mayor’s Race With Massive Fundraising Lead

Illinois Secretary of State Alexi Giannoulias announced he’s running for Chicago mayor, posting a video and planning a formal Bronzeville launch, backed by a massive fundraising war chest (about $22 million on hand as of June) and major donors like Neil Bluhm. He joins a crowded field as the 2027 election approaches, with a platform centered on universal pre-K, higher wages, affordable housing and a fair tax system, and he says City Hall must be more competent while not naming Mayor Brandon Johnson.

Ten-Day Migraine Unmasks Glioblastoma in 34-Year-Old Welshman
health24 days ago

Ten-Day Migraine Unmasks Glioblastoma in 34-Year-Old Welshman

A 34-year-old Welshman, Joshua Smith, experienced brain fog and a 10-day migraine that doctors initially dismissed; after repeated ER visits, imaging revealed a brain mass later diagnosed as glioblastoma. He underwent surgery to remove about 95% of the tumor and is now undergoing chemotherapy and radiotherapy with regular MRI monitoring. His wife, Kelly, is raising funds for brain tumor research, sharing their journey to raise awareness and support trials and treatments abroad.

Trump’s fundraising blitz nets $800M from corporate donors for private projects, WSJ reports
us-politics25 days ago

Trump’s fundraising blitz nets $800M from corporate donors for private projects, WSJ reports

According to The Wall Street Journal, President Donald Trump’s hands-on fundraising operation, led by Meredith O’Rourke, has pulled in about $800 million from major corporate donors for a slate of private projects and political infrastructure, including a White House ballroom, presidential library, PACs and anniversary celebrations. Donors are courted with exclusive dinners and events, with high-dollar asks up to $50 million. Analysts say the fundraising drive represents a new, aggressive model to influence GOP politics and private initiatives beyond the presidency.

Energy PAC bets big in last-week bid to unseat Ogles in tight TN primary
politics26 days ago

Energy PAC bets big in last-week bid to unseat Ogles in tight TN primary

An energy-focused super PAC, Invest in Tomorrow Coalition, is putting an additional $700,000 into the final week of Tennessee Rep. Andy Ogles' GOP primary to back challenger Charlie Hatcher, raising its total spend to about $2 million after already spending roughly $1.3 million. A late poll shows Ogles leading Hatcher by four points (37% to 33%) among likely Republican voters. Hatcher is backed by notable Republicans and benefits from Tennessee’s updated district boundaries. Ogles—who has faced ethics investigations and a DOJ probe in the past—still rides incumbency and Trump backing, making the primary contest highly competitive as the race heads to the finish line.

Routine eye test uncovers terminal eye cancer in Stourbridge dad
health29 days ago

Routine eye test uncovers terminal eye cancer in Stourbridge dad

Jez Bridges, a 59-year-old father from Stourbridge, was diagnosed with terminal uveal melanoma after a routine eye exam spotted a mole on his eye. Despite initial proton radiotherapy, the cancer spread to his liver within six months, leaving him with a two-year life expectancy. With NHS options limited and privately funded chemosaturation therapy potentially costing up to £200,000, he has started a GoFundMe to raise funds to extend his life and spend more time with his family.

politics1 month ago

Calif. Dems marshal campaign to block voter ID ballot Prop 39

California Democrats, led by gubernatorial frontrunner Xavier Becerra and Assembly Speaker Robert Rivas, have launched a fundraising-backed effort to defeat Prop 39, a statewide voter-ID ballot measure. The campaign faces a fundraising edge for proponents but argues the initiative would restrict voting; opponents include SEIU California, California Teachers Association and Planned Parenthood, with a coordinated effort under 'No on 39 — Block Trump’s Election Rigging' tying the issue to national politics.