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Tag: $1bn

Paris Hilton opens up about alleged abuse, the trauma of infamous sex tape, and striving for $1bn

Paris Hilton opens up about alleged abuse, the trauma of infamous sex tape, and striving for $1bn

Entertainment
Paris Hilton has released a new documentary, This Is Paris, to show the world the woman behind the "character". But in the film, she also reveals deeply personal details of alleged abuse at a residential behavioural school she was sent to as a teenager.Sky News meets the star to talk about the "real Paris", her goal to make $ 1bn, and why a "weight has been lifted" now she is finally ready to speak out. "Paris Hilton has entered the waiting room for this meeting."She arrives to the Zoom room on time, just after 10am in Los Angeles, a couple of glam squad members briefly touching up her famous platinum-blonde hair to the side of the camera for just a few seconds before we begin.Businesswoman, model, DJ, heiress and perhaps the original influencer, Hilton is here, speaking to me on screen in...
Coronavirus pandemic set to cost Premier League clubs £1bn in 2019-20 – Deloitte

Coronavirus pandemic set to cost Premier League clubs £1bn in 2019-20 – Deloitte

Sports
Premier League clubs face a £1bn reduction in their revenues in 2019-20 because of the coronavirus pandemic, says financial services firm Deloitte.The 20 English top-flight clubs had a combined revenue of more than £5bn for the first time in 2018-19.But this season has been on hold since March, and the 92 remaining matches will be held behind closed doors. And Deloitte's Dan Jones expects "significant revenue reduction and operating losses" in European football.Deloitte says £500m of the reduction for Premier League clubs - in rebates to broadcasters and a loss of matchday revenue - will be "permanently lost", with the remainder "deferred" until 2020-21 if this season and next are completed.M
Twitter boss Jack Dorsey pledges $1bn to fight coronavirus pandemic

Twitter boss Jack Dorsey pledges $1bn to fight coronavirus pandemic

Technology
Twitter founder and boss Jack Dorsey has set aside $ 1bn (£812m) in stock to help fund relief efforts related to the COVID-19 pandemic.Mr Dorsey, who is also chief executive of the financial payments startup Square, will give the new venture shares from his Square holdings. The 43-year-old announced the initiative called Start Small in a series of tweets, and said the contribution amounts to 28% of his fortune. I’m moving $ 1B of my Square equity (~28% of my wealth) to #startsmall LLC to fund global COVID-19 relief. After we disarm this pandemic, the focus will shift to girl’s health and education, and UBI. It will operate transparently, all flows tracked here: https://t.co/hVkUczDQmz— jack (@jack) April 7, 2020 Mr Dorsey, who for years has kept
Uber loses $1bn in three months as growth slows

Uber loses $1bn in three months as growth slows

Technology
Uber has reported a quarterly loss of $ 1.07bn (£820m) as it pumped money into bikes, scooters and food deliveries. July to September's losses were $ 177m (£136m) higher than the quarter from April to June - and come as the ride-hailing giant prepares for a keenly anticipated flotation next year.Revenue rose 5.4% over the third quarter and gross bookings increased by 6% to reach $ 12.7bn (£9.78bn), but these figures represent a slowdown in growth when compared with the same period a year ago.It was the third quarter in a row that Uber's quarter-on-quarter bookings growth has remained in single digits after double-digit growth through the whole of 2017. The company, based in San Francisco and valued at $ 76bn (£58.5bn), is seeking to expand in the ha...
New Avengers film set for $1bn in record time

New Avengers film set for $1bn in record time

Entertainment
Avengers: Infinity War is set for another milestone as it edges towards becoming the fastest film in history to reach $ 1bn at the global box office.Marvel Studios' latest superhero epic enjoyed the biggest opening weekend on record following its highly anticipated release last Thursday, and since then has climbed to a total gross of $ 905.1m (£756m).That figure was recorded after US cinemas closed on Thursday.The film has made $ 338.4m in America, meaning that it will cross the $ 1bn mark on Friday or Saturday - its 10th and 11th days of release.Star Wars: The Force Awakens holds the current record for the fastest film to $ 1bn, having done it in 12 days when it released just before Christmas in 2015.:: Ryan Reynolds shares Deadpool's Avengers rejection letter