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Kamikaze Drone Maker Raises $320 Million In U.S. IPO As 'War Unicorns' Rise
Kamikaze Drone Maker Raises $320 Million In U.S. IPO As 'War Unicorns' Rise
The rise of "war unicorns" will be an impressive development to watch over the next several years, as we've diligently laid out for readers for months, well before the U.S.-Iran conflict, how a massive government push and in capital markets would begin to prioritize the next generation of defense-tech firms rather than big, bloated legacy defense contractors.
Aevex, a military drone maker backed by Madison Dearborn Partners, is the latest example of capital markets getting excited about war...
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Jun 26, 2026 / Tyler Durden
FIFA Folds, Allows Rainbow Flags To Fly In Seattle Stadium Despite Objections From Iran, Eqypt
FIFA Folds, Allows Rainbow Flags To Fly In Seattle Stadium Despite Objections From Iran, Eqypt
Rainbow flags will be allowed inside the stadium in Seattle, where the FIFA World Cup group game between Iran and Egypt is being held on June 26, despite both countries objecting to the standards associated with the LGBT community.
Both countries are predominantly Muslim, and homosexuality is illegal in Iran and criminalized in Egypt, but Hana Tadesse, a spokesperson for Seattleās World Cup organizing committee, said on June 24 that FIFA considers the rainbow flag a...
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Mar 23, 2026 / Tyler Durden
"We Are Deeply Saddened": OnlyFans Owner Leonid Radvinsky Dead At 43
"We Are Deeply Saddened": OnlyFans Owner Leonid Radvinsky Dead At 43
The billionaire owner of adult content platform OnlyFans has died after a long battle with cancer, according to Bloomberg, citing a statement from the company.
Leonid Radvinsky died at the age of 43, according to the company, which added, "We are deeply saddened to announce the death of Leo Radvinsky. He passed away peacefully after a long battle with cancer."
Radvinsky's death raises new questions about the platform's future ownership, especially since he reportedly placed his majority stake in a trust...
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Jun 30, 2026 / Tyler Durden
Trading Giant Susquehanna Lost Over $70 Million To Mystery Insider Traders
Trading Giant Susquehanna Lost Over $70 Million To Mystery Insider Traders
Trading giant Susquehanna Investment Group said it was attempting to unmask the identities of individuals it claims made at least $100 million trading on inside information about a Chinese government crackdown on cross-border brokerages last month.
The Pennsylvania-based market-maker, which says it was the counterparty on most of the alleged insider trades, sued 100 John Doe defendants in Manhattan federal court on Monday. Susquehanna is seeking to recover more than $70 million it says it lost to what it believes...
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