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Barry Diller Bets Big On Real-World Assets AI Can't Replace With MGM Resorts Bid

Barry Diller Bets Big On Real-World Assets AI Can't Replace With MGM Resorts Bid People Incorporated, formerly IAC and run by Barry Diller, has submitted a non-binding proposal to acquire the remaining MGM Resorts shares it does not already own for $48.30 per share in cash.  The latest Bloomberg data show People Inc. owns 26.1% of MGM Resorts, or about 66.82 million shares. The offer to buy the remainder would cover roughly 73.9% of MGM that is not already owned. The $48.30-per-share offer represents a 24.1% premium to MGM's 30-day volume-weighted average...
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May 2, 2026 / Tyler Durden
Trump On Hormuz Blockade: "We're Like Pirates - And It's Very Profitable"
Trump On Hormuz Blockade: "We're Like Pirates - And It's Very Profitable" Rare agreement with Iranian officials? President Trump has newly said the US Navy is acting "like pirates" as he described an operation about seizing a ship amid the ongoing blockade of Iranian ports. "We … land on top of it and we took over the ship. We took over the cargo, took over the oil. It’s a very profitable business," Trump told a large audience at a rally in Florida on Friday. "We’re like pirates," he added as the crow...
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Mar 22, 2026 / Tyler Durden
Nigerian Researchers Accidentally Confirm Africa's Low IQ Problem
Nigerian Researchers Accidentally Confirm Africa's Low IQ Problem For many years the political left has dismissed all discussion about links between third world populations and low intelligence as "racism" and "xenophobia".  The well documented fact that low IQ populations are more inclined towards lack of impulse control and a higher crime rate does not matter to progressives.  They assert that such claims are based on "rigged" and "biased" data.   For example, the data on Somalia's low median IQ (which is 67 and far below the western average of 100) is...
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May 19, 2026 / Tyler Durden
Mamdani Touts First City-Owned Grocery Store
Mamdani Touts First City-Owned Grocery Store Authored by Chris Wade via The Center Square, New York City Mayor Zohran Mamdani on Monday announced the site of the latest city-owned grocery store as the democratic socialist looks to make good on a key campaign pledge. The 20,000-square-foot store, located in the Bronx’s Hunts Point neighborhood, is part of a $70 million plan that includes opening stores in the city’s five boroughs. The plan calls for hiring a private operator to run the store under the city’s pricing rules. The South Bronx store will be part of a new...
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