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Prime Video Unveils Landmark $2 Billion-Plus Investment in Latin American Entertainment
Prime Video has unveiled a landmark $2 billion-plus investment plan in Latin American entertainment spanning 2027 to 2030 in a concerted bid to increase viewership and engagement. The move comes in wh...
Scientists Find 3.5-Billion-Year-Old Evidence of Life, Directly Dated For The First Time
Actually incredible.
To Probe Mark Walter’s Business, DOJ Sought Egan-Jones’ Records
As billionaire Mark Walter’s insurance companies invested in bonds, they often relied on Egan-Jones, which provided the only known ratings for more than a fifth of those assets, according to industry records.
Roundup: ExxonMobil / SBA workforce initiative / New HoganTaylor CEO
Anti-trust charges tossed: A Texas Business Court judge dismissed Clean Hydrogen Works’ antitrust claims against ExxonMobil’s Denbury subsidiary, ruling Texas courts cannot address alleged antitrust injuries occurring outside the state. Clean Hydrogen Works alleges Exxon used its control of Denbury’s 620-mile carbon dioxide pipeline network to block a planned $7.5 billion clean-fuels project in Louisiana, […]
Prime Video to invest $2 billion in Latin America between 2027 and 2030
The investment spans original programming and live sports across the region—with more than 25 new titles coming in 2027 alone.
Protecting the eye health of an ageing global population
Unmanaged vision loss costs the global economy over $411 billion annually in lost productivity. Governments and businesses should help protect eye health.
Black hole star? Solar-system-size 'dot' from the early universe is our best evidence yet of a brand-new type of cosmic object
The James Webb Space Telescope has identified the most promising candidate yet for a black hole star, lurking 660 million years after the Big Bang. The hypothetical entity, which shines 100 billion times brighter than a typical star, could shed light on the origins of the mysterious "little red dots."
TikTok’s International Revenues Boom To $9.1 Billion Despite Looming Europe Fines
TikTok made $9.1 billion and its first profit in Europe and Latin America but faces a wave of lawsuits and investigations from European regulators.
Makers Fund raises $250m in fourth round to support interactive entertainment startups
Latest fund from venture capital firm brings its total assets under management to $1.5 billion
Walmart gets $2.9 billion in tariff refunds
Walmart posted strong sales and profits in the latest quarter helped by a massive $2.9 billion in tariff refunds.
Walmart says it will use billions in tariff refunds to keep prices low
Walmart said it received nearly $2.9 billion in tariff refunds and plans to use some of the benefit to support lower prices for shoppers, while the refunds also provided a significant boost to quarterly operating income.
The “Asian water tower” is losing 24 billion tonnes of groundwater every year
The “Asian Water Tower” is losing roughly 24.2 billion tonnes of groundwater every year, with some of the worst declines hitting densely populated farming regions. Glacier melt may temporarily soften the crisis around the 2060s, but without changes in water use, researchers expect depletion to accelerate afterward.
Why Flutter Entertainment (FLUT) Is Down 6.2% After Profit Turnaround, Lower Guidance And CEO Change
Flutter Entertainment plc recently reported past second-quarter 2026 results showing higher sales of US$4.33 billion but a shift to a net loss of US$274 million, alongside lower full-year 2026 revenue guidance and confirmation of a CEO transition to Dan Taylor from October 1, 2026. The combination of rising sales, a move into losses, trimmed revenue expectations, and boardroom change presents a complex picture of operational progress alongside profitability and leadership uncertainty for...
Stripe Buys A.I. Start-Up OpenRouter for $7.5 Billion
The deal is significant for the artificial intelligence industry, uniting Stripe’s payments business with OpenRouter’s helping businesses direct their spending on A.I. models.
Tencent Music (TME) Turns Streaming Into A Sprawling Entertainment Machine
On August 12, Tencent Music Entertainment Group (NYSE:TME) held its second-quarter 2026 earnings call, and the numbers told a story bigger than a music app. Total revenue reached RMB 8.9 billion, up 6% year over year, with the freshly consolidated audio platform Ximalaya adding roughly RMB 0.4 billion of that total. Music-related services revenue climbed […]
Most Americans believe Trump has inappropriately profited since returning to power, poll finds
He earned more than $1.4 billion last year from his family's cryptocurrency ventures.
Amazon's AI Business Passed a $25 Billion Run Rate. Where Does That Put the Stock in 5 Years?
One of the fastest-growing businesses inside the company more than doubled over the past year. What does five more years of that do to a $2.8 trillion valuation?
Bratvold joins Colliers' Des Moines office
Real estate brokerage and investment firm Colliers has announced that Tim Bratvold has joined their Des Moines office as associate vice president, focusing on the multi-family sector. He will work closely with Collier’s Minneapolis-St. Paul multi-family team, which closed more than $1 billion in multifamily transactions over the past two years. Before joining Colliers, Bratvold…
How much of a cancer drug is too much? Patients, researchers challenge FDA-approved dosages
Patients and researchers point to evidence that many cancer drug dosages are excessive, and that reducing the amount and frequency could save billions of dollars and prevent some of the worst side effects.
Trump administration launches $5B AI initiative aimed at advancing science
The Trump administration has a new $5 billion initiative dedicated to using artificial intelligence to advance science. It's part of what the administration calls a new "golden age of science."
First Alert Forward: What a KC stadium proposal could mean for STL sports
Kansas City officials on Tuesday started talks on a proposal to use $1.4 billion in public funds for a downtown ballpark as the Royals wind down their tenure at Kauffman Stadium.
Amid federal scrutiny, Dodgers owner Mark Walter’s empire shifting billions
The filings offer a window into the finance mogul’s sports and business empire and reveal a loan tied to the MLB club has been paid off.
Nonprofit health system raked in $1.1 billion this year from stake in medical billing firm
Private equity firms have taken a strong interest in revenue cycle management firms, such as Ensemble.
Minnesota grant cancellations political, Trump administration concedes
The Trump administration admitted it canceled more than $7.5 billion in federal grants last October “based solely” on whether the projects were planned in Democratic states.
Our Milky Way galaxy gobbled up a smaller galaxy about 11.8 billion years ago, scientists find
Scientists observing clusters of stars congregated near the Milky Way's centre have discovered evidence that our galaxy swallowed a smaller galaxy roughly 11.8 billion years ago, when the universe was less than 15 per cent of its current age.
Walter’s insurer to slash scrutinized loans by $6.5 billion
The move whittles down the more than $20 billion of loans that insurers controlled by Walter previously said should have been labeled as affiliated but weren’t.
Baidu missed revenue expectations as its ad business sank faster than AI cloud could grow
China's Baidu reported second-quarter revenue of 31.3 billion yuan, below analyst expectations, as online marketing continued to slide
How California's midterm election could shape national political conflicts
In some congressional races and key battles over ballot issues, California Democrats' left-leaning wing and its more centrist forces are clashing.
Did life-friendly planets really form just after the Big Bang? Science stirs debate - Futura-Sciences
Standard models of galactic evolution indicated that the universe needed several billion years after the Big Bang to produce enough heavy elements for rocky planets. Vorobyov and co-author Daniel Whalen at the University of Portsmouth tested the accuracy of the time scale using computational models. Their team found evidence that...
Spend more on vet services to curb pandemic threat, says animal health body
Head of global organisation says billions of dollars needed to curb risks of mass culls
McMaster signs off on South Carolina budget, vetoes 14 provisions
Gov. Henry McMaster vetoed 14 items in the $15 billion budget, largely citing redundancies between provisos and state law.
US midterm election betting races past 2024 congressional total, data shows
The group forecast that total wagers on the 2026 midterms could reach $1.6 billion if betting activity accelerates at the same pace as it did in 2024.
US recession coming in 2027, stock market drop ahead: Leon Cooperman
Billionaire investor Leon Cooperman said many investors were likely shrugging off the threat of hotter inflation on the US economy and stock prices.
Mark Cuban and Other Founders Wade Into Wealth Tax Debate
Some entrepreneurs, including Mark Cuban, are publicly worried about the potential fallout from California’s proposal to impose a special billionaire tax.
US prosecutors focus on four businesses tied to billionaire Mark Walter, WSJ reports
U.S. federal prosecutors looking into billionaire Mark Walter's empire are focused on four businesses that served as intermediaries between insurance companies he controlled, the Wall Street Journal reported on Sunday.
The business strategy behind the Lakers' $12B Sale
How the flagship club was sold in a strange flash deal for $12 billion, just one year after changing hands, what is behind the "aggressive offer," and what are the new buyers planning?
Kirkland's Alternative Fee Structures Help Fuel Litigation Business
Roughly 30% of its litigation revenue is through AFA structures, amounting to more than $1 billion through these arrangements last year.
Bernhard Capital bucking private equity trend with more acquisitions, exits
The Baton Rouge-based private equity firm, with nearly $6.5 billion in assets under management, is defying trends with new acquisitions, exits and plans to start raising more money from investors with a $1.5 billion goal.
Alibaba to Sell Videogame Business for at Least $1.5 Billion
Alibaba Group is selling its videogame arm in a deal worth at least $1.5 billion, as the Chinese company shifts its focus to artificial intelligence.
Ukraine takes aim at Russia’s economy and morale by attacking online retailer
Day after day over recent weeks, Ukrainian drones have pummeled giant depots belonging to Wildberries, the country’s biggest online retailer, burning estimated billions of dollars’ worth of merchandise and bringing the war home to the broad public.
The Scientists Who Want to Steer Hurricanes
Over the weekend, Hawaii was lashed by Hurricane Lala, which has washed away homes, left more than 125,000 people without power, shut down two of the state’s busiest airports, threatened dangerous flash flooding and, at time of writing, has killed one person. What if we could’ve steered the storm away from Hawaii, into the vast expanse of the empty Pacific Ocean that lies all around the islands—where no one could get hurt? This scenario might sound like the stuff of science fiction. But earlier this year, a peer-reviewed study published by the Public Library of Science found that it might be possible, and sooner than we think. The study was titled: “Weather Jiu-Jitsu: Prospects for atmospheric nudging to defuse the impact of catastrophic weather extremes.” According to the paper, the controversial practice of cloud seeding could enable human beings to make hurricanes change direction. The potential results could be astounding: The authors suggested that Hurricane Sandy, which in New York City alone killed 44 people and caused $19 billion of damage in 2012, could’ve been diverted by 200 miles, missing the metropolis entirely. Cloud seeding, which first succeeded in the U.S. in 1946, is a practice whereby small particles—for example, dry ice, silver iodide, or salt—are dropped into clouds, causing moisture to condense into precipitation. In the 1960s, the U.S. government launched Project Stormfury, an experiment that saw Navy pilots flying into the heart of a hurricane, dodging winds over a hundred miles per hour, to cloud-seed inside it, in the hope of reducing the storm’s power. “The seeding,” the theory went, “would stimulate the formation of a new eyewall that would surround the existing eyewall. The new eyewall would contract, strangling the old eyewall and reducing the intensity of the hurricane.”
Owning the Lakers would provide billionaire investor Joshua Kushner with an iconic sports franchise — and a ‘powerful tax shield’
"My guess is he is preparing to offset a boatload of carried interest income. If you own a sports team, done correctly, you can get a deduction against income."
Sunday Briefing: Special interests in politics; Flock cameras
COLUMBUS, Ohio (WCMH) – On this week’s Sunday Briefing: With millions of dollars being spent on Ohio’s U.S. Senate race, it will be one of the most watched this November. “There are billionaires wh…
What this summer’s AI rulings mean for your business
A $1.5 billion settlement. A German court holding Google liable for AI’s mistakes. A high-stakes legal fight over whether OpenAI can be forced to pay for training its models on
Mark Cuban tells Ro Khanna 'you don't understand business,' threatens investment shift over billionaire tax
Mark Cuban warned Rep. Ro Khanna that California's proposed billionaire tax could drive startup founders out of the state, vowing to avoid investing there.
Bills beat Panthers 29-14 in preseason opener at new stadium
In Buffalo’s first game in its new $2.1 billion Highmark Stadium and first under new head coach Joe Brady, Allen showed his familiar elusiveness in completing a 9-yard touchdown to Keon Coleman to cap his second and final offensive series of the day.
A black hole shredded a “super sun” — but something strange may have survived
Astronomers have witnessed a black hole violently shredding a massive star, creating one of the most energetic stellar explosions ever observed. The event, nicknamed “the Whippet,” briefly released about 400 billion times the Sun’s energy and sent a shock wave racing outward at one-fifth the speed of light. Months later, scientists spotted unexpectedly fast-moving helium, suggesting that some structure may have survived the destruction.
Rich Paul built Klutch Sports into a powerhouse managing more than $7 billion in deals
The sports agent who built his career alongside LeBron James has expanded Klutch into basketball, football, baseball and soccer while
Sports Team Sale Prices Keep Hitting New Highs
This week’s deal for the Los Angeles Lakers, which valued the team at a record $12.5 billion, was the latest in a pattern of skyrocketing prices.
Sports Team Sale Prices Keep Hitting New Highs
This week’s deal for the Los Angeles Lakers, which valued the team at a record $12.5 billion, was the latest in a pattern of skyrocketing prices.
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources say
As Anthropic prepares for what could be one of the biggest IPOs on record, Wall Street is looking further into the future than it commonly does to put a price on the AI company, valuing it based on how much revenue it could generate two years from now.
‘Very outdated’: Trump’s directive to revert to steam catapults on new aircraft carrier baffles naval experts
President Donald Trump has directed the US Navy to scrap the modern electromagnetic launch system on an upcoming aircraft carrier and instead revert to an older, steam-powered catapult method — potentially adding billions to its price tag and delaying its deployment into the late 2030s.
FBI seized devices from Guggenheim CEO Mark Walter, top deputy: report
Federal scrutiny of the Chicago-based investment giant reached Walter and Guggenheim President Dina DiLorenzo months before Walter struck a $12.5 billion deal to sell the Lakers.
'The consortium shared our long-term philosophy'
"Liverpool has always been built by thinking beyond one season," Fenway Sports Group (FSG) president Mike Gordon has said after agreeing to sell around a third of the club to a consortium including billionaire Amazon founder Jeff Bezos. In a statement, FSG confirmed it had "entered into a definitive agreement for the sale of a minority equity stake in Liverpool FC to 1892 Holdings".
Amazon Founder Bezos to Become Part-Owner of Team With Liverpool Deal
The billionaire is set to become a part-owner of the storied Premier League soccer team, valued at more than $7 billion.
Kingdom Hearts Is a Billion-Dollar Franchise, Disney Declares Ahead of Hotly Anticipated D23 Panel
Kingdom Hearts is one of nine billion-dollar franchises Disney has under its video game banner.
Montenegro Wants To Be Europe’s Next Crypto Hub, But Weak Regulation Might Be Costing It Big Business
Montenegro’s crypto market is growing despite regulatory gaps that could deter investors and leave billions in digital-asset transactions beyond effective oversight.
More, more, more: Lakers deal is the latest in sports gold rush
The blockbuster sale of the Los Angeles Lakers this week keeps alive a sports gold rush among North America's billionaire elite, with pricey media rights, skyrocketing attendance and insatiable fans helping drive prices sky-high.
Same knee surgery, twice the price: Hospital monopolies push up healthcare costs
Last year alone, hospital and health systems announced 46 mergers and acquisitions, according to a healthcare business consulting firm. Five ranked as “mega-mergers,” meaning they were valued at more than $1 billion. One merged 28 hospi…
Trump orders Navy to use older system of launching jets off aircraft carriers
The new mandate would likely cost billions of dollars and revert the Navy's most advanced ships to a system that takes more sailors to operate and is more difficult to maintain
The $500+ Million Digital Twin in Entertainment Market 2026: Industry to Quintuple in Size, Exceeding $2.5 Billion by 2032
Growth is driven by AI-powered platforms, real-time 3D visualization, virtual production, digital humans, cloud collaboration and immersive experiences...
Kingdom Hearts Is A "Billion-Dollar" Franchise, According To Disney
Square Enix is currently working on the fourth game
Nigel Farage beats Count Binface to win back seat in Parliament in widely mocked election
Farage, leader of the anti-immigration Reform UK party who some see as a possible next prime minister, abruptly quit his seat in July amid an investigation into whether he failed to report a 5 million pound ($6.7 million) gift from a crypto billionaire overseas.
Magic Johnson on what it takes to build a billion-dollar business portfolio
"I've always gravitated to people who are smart or have been through something because I want to learn," Magic Johnson said.
$5 billion science research bond clears California Assembly committee
The California Assembly Appropriations Committee voted Thursday to advance a UC-sponsored bond measure that would fund scientific research across the state. The California Science and Health Research Bond Act – or Senate Bill 895 – would create the California Foundation for Science and Health Research to award $5 billion in grants and loans to public and private research institutions, including UC campuses.
White House says more than 40 nations help China dodge tariffs
A new White House report says that China sends billions of dollars worth of goods to the U.S. via third countries in order to skirt Trump's high tariffs.
Trump White House says it's losing $19B-$26 billion a year in revenue as countries dodge tariffs
The report specifically highlights that China responded to new tariffs in 2018 by sending their goods to other nations ranging from Mexico to Malaysia for packaging and limited assembly — a practice known as transshipping.
The Los Angeles Lakers’ Record $12.5 Billion Sale Resets The Market For Sports Teams
Less than a year after Mark Walter paid $10 billion for the team, he flipped it like a piece of real estate. But if there is a bubble for professional sports team ownership, it hasn’t shown any signs of popping yet.
President Of Law&Crime And Court TV Talks The Business Of True Crime
Rachel Stockman, the president of Law&Crime and Court TV, joined "Forbes True Crime" to discuss the multi-billion-dollar true crime industry.
WSDG Completes The Kempinski Grand Hotel’s Ultra-Modern Entertainment Venue At Billionaire St. Moritz
Billionaire St. Moritz, an ultra-modern event location directly connected to the historic Grand Hotel des Bains Kempinski, has opened as the ultimate dinner show and clubbing experience in St. | Acoustic and AV technology designers deliver sophisticated room-within-room construction for exclusive dinner show and clubbing experience.
Group sues AMA seeking transparency over Medicare billing codes
PatientRightsAdvocate.org says it wants to republish the proprietary billing codes that guide billions of dollars in health care payments.
Melco Resorts & Entertainment (MLCO) Stock Rises on Q2 2026 Earnings
Melco Resorts & Entertainment Limited (MLCO) reported second-quarter 2026 revenue of $1.3 billion, down 40.0% from a year earlier, as gross profit fell sharply to $429.4 million. Despite the weaker top line, operating profit improved to $127.8 million, while net income attributable to common shareholders rose to $22.7 million, or $0.057 per diluted share.Cash generation strengthened meaningfully during the quarter. Cash from operating activit
Mars may have been losing its water more than 4 billion years ago, oldest-known Martian meteorite suggests
The oldest known rock from Mars was discovered on Earth in 2022. Scientists are beginning to reveal its mysteries.
Ardagh considers selling off metal packaging business after restructuring
Ardagh Holdings, which has a 76% stake in Ardagh Metal Packaging, disclosed Thursday it may take steps to facilitate a sale to a third-party buyer. AMP’s revenues totaled $5.5 billion last year.
BofA joins banks pouring billions into US infrastructure
Bank of America is the latest Wall Street firm to announce an investment in American infrastructure.
Single Powerball ticket sold in Illinois wins $1.04 billion jackpot, eighth-largest in US history
Wednesday's Powerball drawing produced a single Illinois winner who matched all six numbers to claim the $1.040 billion jackpot, eighth-largest ever.
Padilla leads Democrats in push for answers about cancelled wind projects
Over the last several months, the Trump administration has made a series of announcements that the federal government would be buying back off-shore wind leases issued during the Biden administration for billions of dollars.
Lakers Owner Sells to Jared Kushner’s Brother as Trump DOJ Probes His Business Empire
Guggenheim founder Mark Walter sold the Lakers for $12.5 billion, one month after the Wall Street Journal reported the Trump DOJ was probing his business empire.
10 most expensive pro sports franchise sales: Lakers top list
If the Lakers' $12 billion sale goes through, it would jump to the top of the list of most expensive pro sports purchases. Here's the top 10.
Lakers sell (again) at a record valuation of $12.5 billion
Twelve years after Steve Ballmer bought the L.A.
Lakers being sold for $12B, North American record for sports franchise
The Lakers are being sold for a record $12 billion less than two years after Dodgers co-owner Mark Walter bought the team from the Buss Family.
Lakers being sold to Josh Kushner and Bob Iger for record-breaking $12 billion
The Lakers will reportedly once again change hands.
Sources: Josh Kushner, Bob Iger to buy Lakers for $12B
The Lakers are being sold to American businessman Josh Kushner and Bob Iger for over $12 billion, a record-breaking price, multiple sources told ESPN.
Schefter: Cowboys remain most valuable sports franchise at $15.5 billion
Schefter: Cowboys remain most valuable sports franchise at $15.5 billion
Boaty McBoatface and pals’ perilous mission | Investors Lab
Operating within a global underwater robotics market valued at over $5 billion, the market is rich with manufacturers
Ben Affleck is running for mayor of L.A. when his son is kidnapped in ‘Animals’ teaser
Ben Affleck plays a man running for Los Angeles mayor whose son is kidnapped in the first teaser for ‘Animals.’ The thriller also stars Kerry Washington, Gillian Anderson, Steven Yeun, and more.
An Overview of State-Directed Payments and Medicaid Provider Taxes: History and Potential Effects of the Working Families and Tax Cut Legislation on Health Care Costs
Health care provider taxes and state-directed payment policies in the Working Families and Tax Cut legislation are expected to reduce non-Medicaid prices by up to 3.5 percent in markets with provider taxes and reduce spending on Medicaid, commercial and Medicare coverage. Our spending estimates indicate that there will be an additional $29 billion in federal savings on Medicare and commercial coverage for each $100 billion that federal Medicaid spending is reduced.KEY POINTS
SpaceX’s High-Margin Software Business Could Soon Hit $33 Billion. Investors Are Underestimating It.
Wall Street is fixated on SpaceX's lockup expiration while analysts quietly model a software business inside the company that could dwarf Google Cloud by 2030. Here is why the market may be pricing the wrong asset entirely.
Yankees news: Giancarlo Stanton runs bases as rehab continues
Stanton getting close; Yanks get $2.6 billion investment; Gil at Hudson Valley; veteran reliever released at Triple-A
Inside a $7 billion Silicon Valley startup’s mad dash to automate the business of health care
Commure wants to automate health care's administrative tasks with AI. An inside look at the messy realities of the startup's ambitious quest.
Pritt Investment Partners Introduces a Long-Term Investment Philosophy Centered on Viable Businesses Rather Than Unicorns
RESTON, Va., Aug. 12, 2026 (GLOBE NEWSWIRE) -- For decades, much of the venture capital industry has focused on finding the next billion-dollar ...
Astronomers created the largest-ever 2D map of the universe, charting 4 billion objects in the night sky
A new celestial map not only catalogs a variety of cosmic objects but also serves as a pointer for other telescopes on Earth and in space.
Oracle is planning another round of job cuts this month
The potential layoffs reduce Oracle's payroll as it racks up billions in debt to fund AI infrastructure.
Kalshi CEO slams founders for being over-reliant on ‘mostly trash’ business advice—he founded his now-$22 billion prediction market as a college grad
Kalshi’s 30-year-old CEO says most business advice is ‘trash’—he doesn’t read management books or listen to podcasts: ‘I’m gonna make it up as I go’
Why GameStop’s bold $56-billion play for eBay is suddenly in doubt
(Bloomberg) -- GameStop Corp., led by Chief Executive Officer Ryan Cohen, is considering withdrawing its $56 billion bid for eBay Inc., according to people familiar with the matter.
Under 500 Employees, Over $500 billion: Small Business Payroll Taxes
Small businesses, those with fewer than 500 employees, are a pillar in the U.S. economy and account for a large share of federal payroll tax revenues. These taxes are paid by both the employer and employee and are primarily used to fund the Social Se
Ari Emanuel's Mari Acquires Theater Owner ATG Entertainment For $6B
The deal size has been estimated at $6 billion, as the live events company establishes a bigger foothold in the theater industry.
Lionsgate: Filmed Entertainment Backlog Jumps 21% To $1.5 Billion As Library Revenue Approaches $1 Billion
Lionsgate Studios' filmed entertainment backlog increased 21% year-over-year to $1.5 billion during its fiscal first quarter of 2027, while trailing 12-month library revenue reached $987 million as the company’s existing film and television catalog becomes an increasingly important source of recurring cash flow.
Yankees receive $2.6 billion in deal with private equity fund
The Yankees may use the money to handle debt and pursue new ventures.
Canva’s Former CFO Says AI Cannot Fix A Broken Business
More than half of CEOs report no measurable AI return. The CFO who scaled Canva from $10 million to $2 billion says the problem was never the model you picked.