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Logan Paul Cashes In $16.5M Pokémon Card

YouTuber Logan Paul sold a rare Pokémon card for a staggering $16.5 million at auction, marking a significant return on his investment and solidifying the card's status as a valuable asset. The sale, which included a premium, concluded on Sunday night, according to Fortune.

Paul, a social media mogul and entrepreneur, initially acquired the Pikachu Illustrator card in 2022 for $5.3 million, making it the most expensive Pokémon card ever sold at a private sale at the time, according to Fortune. He then transformed the collectible into a piece of performance art and personal branding, wearing it in a diamond-encrusted chain to major events, including a WWE wrestling ring appearance. "It's vindication for the 'armchair quarterbacks yelling from the sidelines,'" he said, according to Fortune.

In other news, Warner Bros. Discovery has been granted a seven-day waiver by Netflix to reopen takeover talks with Paramount Skydance. This development, revealed in a regulatory filing on Tuesday, allows Warner Bros. Discovery to address unresolved issues in Paramount's previous offers, according to Fortune. Netflix stated that the waiver was granted to minimize distractions for Warner Bros. Discovery stockholders and the entertainment industry. Warner Bros. Discovery now has until Monday to negotiate a potential transaction with Paramount Skydance.

In other news, Snapchat is launching creator subscriptions in the U.S. on February 23rd, allowing users to pay for exclusive content and ad-free experiences from select creators like Jeremiah Brown, according to TechCrunch. This move, which follows similar offerings from competitors like Meta, aims to provide new monetization opportunities for creators and is part of Snapchat's broader strategy to enhance creator engagement.

Additionally, U.S. venture capital firms are increasingly focused on international deal flow, with a particular interest in Swedish startups such as Dentio, leveraging Stockholm's strong startup ecosystem, according to Variety. The news also covers a range of topics, including political criticisms of Rep. Eric Swalwell's campaign, debates over voter ID laws, and the SAVE America Act, alongside other issues like expiring tech deals and the crisis of missing persons in Mexico, according to Variety.

AI-Assisted Journalism

Synthesized from multiple sources. Reviewed for accuracy.

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US-China Tensions Rise, AI Tests Students, Ukraine Freezes Sperm
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US-China Tensions Rise, AI Tests Students, Ukraine Freezes Sperm

Drawing from multiple news sources, the Social Security trust fund faces depletion by 2032, potentially leading to benefit cuts, while economists warn of potential economic instability if Congress fails to act. Simultaneously, an AI-powered school faces scrutiny, investor Ray Dalio warns of a global order breakdown, and the U.S. grapples with rising infectious disease outbreaks linked to declining vaccination rates.

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Clinton Accuses Trump; Jackson Dies, Talks Begin
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Clinton Accuses Trump; Jackson Dies, Talks Begin

Drawing from multiple news sources, this summary highlights several key developments: CBS censored Stephen Colbert's interview due to FCC concerns, while polls indicate a decline in Donald Trump's support among young voters. Additionally, the Olympics feature a competitive rivalry between speedskaters Jordan Stolz and Jenning de Boo, and significant stories include the release of files related to Jeffrey Epstein and the life and career of Rev. Jesse Jackson.

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Paramount Races to Buy Warner Bros. Amid AI & Film Frenzy
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Paramount Races to Buy Warner Bros. Amid AI & Film Frenzy

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URGENT: Pixel 9 Now Shares Files Instantly Like AirDrop!
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URGENT: Pixel 9 Now Shares Files Instantly Like AirDrop!

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URGENT: Apple Watch Deals Explode! Don't Miss Out!
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URGENT: Apple Watch Deals Explode! Don't Miss Out!

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Global Turmoil: Unemployment Soars, Violence Escalates
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Global Turmoil: Unemployment Soars, Violence Escalates

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Tech22m ago

Students Clash: Tech vs. Teachers, Fitness vs. Science

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Psychedelics' Mechanism Impacts Cancer Therapy
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Psychedelics' Mechanism Impacts Cancer Therapy

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Dark Web Clue Saves Girl; Starmer Targets Social Media

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Ukraine Funds Sperm Freezing Amid Crisis
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Ukraine Funds Sperm Freezing Amid Crisis

Drawing from multiple news sources, the U.S. is experiencing a rise in infectious disease outbreaks, including a measles outbreak in South Carolina and a concerning fungal skin infection caused by TMVII, similar to ringworm, spreading in Minnesota and other cities. Health officials are actively monitoring these outbreaks, which are linked to declining vaccination rates and the spread of the fungal infection.

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India Eyes Tech Power; UK, Kenya Face Scrutiny
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India Eyes Tech Power; UK, Kenya Face Scrutiny

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