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Fact check: False claim Bill Gates purchased Telegram messaging app


The claim: Bill Gates purchased the messaging app Telegram
When it comes to being the target of viral misinformation, Bill Gates is a frequent flyer. 
Now, social media users have falsely claimed Gates purchased Telegram, a popular messaging app among far-right extremists, to accuse Gates of censorship. 
“Bill Gates has just purchased the Telegram app in order to retain control of what information people can share, think and research,” reads an image posted to Facebook on April 6.
The image appears to be a screenshot of another Facebook post, although the original poster’s name and the post date are obstructed. The post also includes an image of a Fox News report with correspondent Trace Gallagher and an altered chyron that reads “600 MILLION DOLLARS DEAL BILL GATES BUYS TELEGRAM.” ....

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How the Richest Person in Each State Made Their Fortune


How the Richest Person in Each State Made Their Fortune
By
Paul Feinstein, Stacker News
On 3/11/21 at 6:30 PM EST
Phillip Faraone / Getty Images for WIRED25
Whether it s a hedge-fund billionaire, tech giant, industrial titan, or someone simply born into the right family, the wealthiest people in every state each have their own stories. In today s political climate, the super-rich have plenty of influence over our political process, from lobbying members of the government and contributing to presidential bids to running ad campaigns in favor of specific causes.
To figure out who s on top of each state s rich list, Forbes tracks groups of billionaires (or centimillionaires in states with no billionaires) and updates their findings annually. Stacker analyzed this data to compile a list of the uber-wealthy and then broke down how each person earned their fortune. This list accounts for individuals wealth as of June 26, 2019, but keep in mind the tides of fo ....

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Here's What it Takes to Be in the Top 1 Percent of Every State


Here s What it Takes to Be in the Top 1 Percent of Every State
By
Madison Troyer, Stacker News
On 1/10/21 at 12:00 PM EST
Canva
The top 1 percent of Americans have a combined net worth of $34.2 trillion, according to Federal Reserve data last updated Oct. 19, 2020. That number represents more than 30 percent of all household wealth in the U.S.
Windfall used its 2020 consumer financial database to determine the net worth required to rank in the top 1 percent of each state. The analysis used population estimates from the 2019 U.S. Census Bureau and net worth estimates from Windfall s wealth database of more than 80 million households. For each state, the minimum net worth required to qualify in the top 1 percent for that state is included, along with the median net worth of all homeowners with a primary residence in that state, and total homeowners with a net worth of $1 million or more. Net worth represents an individual s assets like homes, cars, and inv ....

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Wize Pharma merges with Australian Bitcoin miner Cosmos


Wize Pharma merges with Australian Bitcoin miner Cosmos
The Israeli biopharmaceutical company will spin off its drug development activity and focus on Bitcoin mining.
Israeli clinical stage biopharmaceutical company Wize Pharma Inc. (OTCQB: WIZP) will merge with privately-held Australian digital currency infrastructure provider Cosmos Capital, in an all share deal, which will ultimately leave Cosmos s shareholders owning most of Wize s shares. Wize, which is controlled by Rimon Gold, the investment arm of serial entrepreneur Yair Goldfinger, US investor Jonathan Rubini, and its CEO Noam Danenberg, will spin off its ophthalmic disorders drug development activities.
Cosmos, which was founded 18 months ago, mainly specializes in mining Bitcoin as well as providing a digital infrastructure, which aims to act as a bridge between the growing digital currency industry and traditional capital markets. Mining Bitcoin is a process of verifying transactions in digital currencies ....

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