Sport

Is there a connection between Jeffrey Epstein, Leon Black and … the NBA?

If you’ve checked the news at any point yesterday, you may have read the name “Leon Black.” Black recently (and unexpectedly) quit as CEO of Apollo Global Management two months after an independent investigation into his relationship with Jeffrey Epstein wrapped up. It’s an intriguing story — and one that could have “… Read more…

Sport

Mark Cuban finds it hilarious that financial giants are taking an L to Reddit

Mark Cuban, owner of the Dallas Mavericks, has big money. According to Forbes’ real-time billionaires tracker (which is just so gross), he’s worth $4.2 billion. I feel like it deserves to be written with the zeroes for perspective. That’s $4,200,000,000. Cuban, however, is on the side of the little guy. Read more…

Sport

The GameStop revolution probably won’t sink Steve Cohen and the Mets, but

The hope for the little guy, which all of us are, is that one day hell would come to breakfast for the hedge-fund tools that are pretty close to ruining baseball, the country, and the globe. And at that point, through some inexplicable force that could only be karma, they would all have to work […]

Business

Tech and crypto funder Andreessen Horowitz wants to replace the media. That might be bad news for investors.

If you have even a passing familiarity with Silicon Valley or cryptocurrency, you’ve likely heard of Andreessen Horowitz, one of tech’s highest-profile venture capital firms. The firm, which tech insiders call a16z, is famous in part because of its investments—Facebook, Coinbase and other familiar names—but also because of its mastery at charming (and manipulating) the […]

Business

Tech and crypto funder Andreessen Horowitz wants to replace the media. Is that bad news?

If you have even a passing familiarity with Silicon Valley or cryptocurrency, you’ve likely heard of Andreessen Horowitz, one of tech’s highest-profile venture capital firms. The firm, which tech insiders call a16z, is famous in part because of its investments—Facebook, Coinbase and other familiar names—but also because of its mastery at charming (and manipulating) the […]

Business

Plaid without Visa? It might be a blessing in disguise

This is the web version of The Ledger, Fortune’s weekly newsletter covering financial technology and cryptocurrency. Sign up here to get it free in your inbox. Two hours after officially cancelling his $5.3 billion deal with Visa, Zach Perret doesn’t sound like a guy who just walked away from a lifechanging transaction (and accompanying amount […]

Business

Trump and Mnuchin’s parting sneak attack on financial privacy

Good morning, and welcome back! That’s assuming, of course, that you’re among those lucky enough to have had an actual winter break, a moment of rest as we left behind the most trying year in living memory. That wasn’t the case for many of our readers, however, thanks to an 11th-hour regulatory push by the […]