Treasury sells AIG stake for $22.7B profit The U.S. Treasury Department said Tuesday that it has sold all its remaining shares of American International Group (AIG), moving to wrap up the government's biggest bailout of the 2008 financial crisis.Treasury said it received $32.50 per share for its 234.2 million remaining shares, which represented a 16% ownership... Continue Reading →

Thiel Foundation's Breakout Labs Announces Newest Grants at the Intersection of Biology and Advanced TechnologiesThe Thiel Foundation announced today three new grants awarded through Breakout Labs, its revolutionary revolving fund to promote innovation in science and technology. The newest awards focus on solutions at the intersection of biology and advanced technologies.Breakout Labs recipient Modern Meadow is developing... Continue Reading →

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