Arbitrage Blog

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ICYMI: Twitter Philanthropy on the Rise
Published on 05/19/2022

Online direct giving is nothing new – for years, people have used sites like GoFundMe to get money for medical expenses, funeral costs and other unforeseen bills. But Bill Pulte’s approach is nearly instantaneous.

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The Arbitrage Life: Robbed Ring Returned to Rightful Recipients
Published on 05/19/2022

A more than 3,000-year-old gold signet ring that was stolen from an Aegean island in World War II, crossed the Atlantic, was bought by a Nobel Prize-winning Hungarian scientist and ended up in a Swedish museum has found its way back to Greece.

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The Arbitrage Life: Moon Plants!
Published on 05/18/2022

For the first time, scientists have grown plants in soil from the moon collected by NASA’s Apollo astronauts. Researchers had no idea if anything would sprout in the harsh moon dirt and wanted to see if it could be used to grow food by the next generation of lunar explorers. The results stunned them.

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WATA Getting Sued
Published on 05/17/2022

Wata Games and Heritage Auctions co-founder Jim Halperin has now become the focus of a class-action lawsuit claiming that they’ve manipulated the retro games market for personal gain.

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Wait, THAT's Illegal?
Published on 05/17/2022

So, apparently you can own a gun without too many hurdles in a lot of states, but you can't hunt on Sundays in Virginia unless it's hunting racoons. And we thought this was America.

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ICYMI: Coldplay Harnessing Crowd Energy
Published on 05/16/2022

It’s often said that fans at live concerts give the band a jolt of electricity. Coldplay wants to literally harness that. The pop superstars have added kinetic dance floors and energy-storing stationary bikes to their latest world tour, encouraging fans to help power the show as they dance or spin.

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McDonalds Not McLovin McRussia
Published on 05/15/2022

More than three decades after it became the first American fast food restaurant to open in the Soviet Union, McDonald’s said Monday that it has started the process of selling its business in Russia, another symbol of the country’s increasing isolation over its war in Ukraine.

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Mississippi Welfare Cleanup Finds a Football Player and Some Wrestlers
Published on 05/11/2022

The Mississippi Department of Human Services on Monday sued retired NFL quarterback Brett Favre and three former pro wrestlers along with several other people and businesses to try to recover millions of misspent welfare dollars that were intended to help some of the poorest people in the U.S.

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All the Tasty Things are Banned
Published on 05/10/2022

They say that only things that are too fun or too controversial get banned. Let’s see if that is the case for some of the things that are commonly seen on shelves in the United States, but not the rest of the world.

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I Always Feel Like Somebody's Watching Me... And I was Right!
Published on 05/09/2022

Facial recognition startup Clearview AI has agreed to restrict the use of its massive collection of face images to settle allegations that it collected people’s photos without their consent.

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ICYMI: You Get Internet and You Get Internet, and You Get Internet
Published on 05/08/2022

The Biden administration announced on Monday that 20 internet companies have agreed to provide discounted service to people with low incomes, a program that could effectively make tens of millions of households eligible for free service through an already existing federal subsidy.

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The Arbitrage Life: Someone REALLY Wanted a Morning Pick-me-up
Published on 05/05/2022

Swiss police say an investigation is underway after workers at a Nespresso warehouse in western Switzerland found 500 kilograms (over 1,100 pounds) of cocaine, with a street value of $50 million, as they unloaded coffee beans that had arrived by train.