Connect with us

NEWS

Race To The White House: Facebook’s Co- Founder Donates $20 Million To Clinton, Democrates.

Published

on

A co-founder of Facebook is donating $20 million of his fortune to Democratic coffers in a late and likely consequential move to help defeat Republican candidate Donald Trump in the 2016 presidential election.

The funds are a surprising infusion of cash from an individual who has never before been active in politics.

Dustin Moskovitz, a Silicon Valley entrepreneur with a net worth of more than $10 billion, announced early Friday that he and his wife would make a historically large donation to a half-dozen Democratic groups, including those backing Hillary Clinton. The donations, once issued, will make Moskovitz the third most generous donor in the 2016 elections.

“This decision was not easy, particularly because we have reservations about anyone using large amounts of money to influence elections,” Moskovitz and his wife, Cari Tuna, said. “We hope these efforts make it a little more likely that Secretary Clinton is able to pursue the agenda she’s outlined, and serve as a signal to the Republican Party that by running this kind of campaign — one built on fear and hostility — and supporting this kind of candidate, they compel people to act in response.”

Moskovitz said $5 million would go to a super PAC run by the League of Conservation Voters, an environmentalist group running advertising and canvassing campaigns; and another $5 million to For Our Future PAC, an effort by organized labor and environmentalists to run a consolidated, high-powered field program.

Other donations will be split between a joint fundraising committee for Hillary Clinton; the Democratic Congressional Campaign Committee; the Democratic Senatorial Campaign Committee; a political arm of MoveOn.Org; Color of Change PAC; and “several nonpartisan voter registration and GOTV efforts.”

Though Democratic groups are not hurting for cash, the September gifts could potentially open new avenues for Democratic groups looking to recapture control of Congress or defeat Trump. And the sheer size of the gift will make the 32-year-old one of the most sought-after and unlikeliest donors in the 2016 campaign.

Moskovitz, a college roommate of Facebook chief Mark Zuckerberg, has not been particularly active in politics. He has only cut two checks before to candidates — both to New York congressional candidate Sean Eldridge, the husband of another Facebook co-founder — that amounted to $5,200.

“Cari and I have dedicated our lives to figuring out how to do the most good we can with the resources we’ve been given. Until now, those efforts have not included making endorsements or contributions in presidential elections,” Moskovitz wrote. “The Republican Party, and Donald Trump in particular, is running on a zero-sum vision, stressing a false contest between their constituency and the rest of the world.”

The $20 million will give new life to several Democratic groups, though Moskovitz’s list notably omits Priorities USA, the principal super PAC supporting Clinton’s campaign.

Moskovitz told CNN that he was not ruling out a donation to Priorities USA and that his giving could eclipse the initial $20 million pledge. “No further donations have been decided. We will say more if that changes.”

Moskovitz will only be out punched as a donor by Tom Steyer, the California billionaire and Democratic activist who has given more than $30 million to his groups in the 2016 cycle; and Bob Mercer, a major Trump supporter who has given just a drop more than Moskovitz’s $20 million to Republican groups in this election.

Steyer has also made a major donation to For Our Future PAC, which is aiming to raise $50 million to back the Democratic ticket. The largest donor so far to the League of Conservation Voters is a British investor, who gave a total of $2.5 million this summer.

Source: CNNpolitics

 

MUSIC

Victony Drops Debut Album “Stubborn”

Published

on

Stubborn: Victony Drops Debut Album | Fab.ng

Nigerian artist Victony, known for his global hit “Soweto,” has finally dropped his debut album, “Stubborn.” This highly anticipated release marks a turning point in Victony’s musical journey.

Victony collaborates with a star-studded lineup. This includes Afrobeats giant Asake, Shallipopi, American rapper Teezo Touchdown, and Guyanese-American star Saint Jhn. This impressive roster blends musical styles. Also, it showcases the rich tapestry of African music for the world.

Released on June 21st, 2024, “Stubborn” is more than just music.

The album is a testament to Victony’s resilience. Three years ago, he was in a near-fatal accident that tragically took his best friend’s life. Victony required extensive surgery and rehab to walk again. The title “Stubborn” reflects his unwavering determination to return to music stronger than ever.

Continue Reading

MOVIES

Kanayo O. Kanayo Vows To Disrupt Any Film Set That Engages The Service Of Actress Angel Unigwe

Published

on

Kanayo to disrupt any film set that engages Angel Unigwe | Fab.ng

Veteran Nollywood actor Kanayo O. Kanayo is raising a red flag about working with young actress Angel Unigwe. In a recent Instagram video, Kanayo expressed his frustration with Unigwe’s mother, who he believes is managing her daughter’s career unprofessionally.

Kanayo admitted hearing rumours about unprofessional behaviour but didn’t take them seriously until he had a personal experience. He had apparently cast Unigwe in a film and reached an agreement with her mother, the details of which weren’t mentioned. However, the agreement wasn’t honoured, prompting Kanayo’s public warning.

Furthermore, Kanayo urged other movie producers to avoid working with Angel Unigwe.

He went as far as saying he would disrupt filming sets if he saw her working on a production. This is a serious move in the Nollywood industry. Also, it highlights the level of Kanayo’s frustration and his desire to protect other producers from similar experiences.

He stated,

“I am making this video to protect the entertainment industry in Nigeria. A particular woman has been holding producers to ransoms and it is unfortunate it has happened to me. Unfortunately, she is Angel Unigwe’s mother. A contract is breached by every producer, orally or written and it’s all respected but I found out that immediately this woman takes money from you, everything changes. She took her daughter at 9 pm when the particular date that we agreed hadn’t expired. She came at 9 pm and took her daughter.

“I have gotten reports from people before it happened to me. This is a Clarion call to producers, I beg you in the name of professionalism, from this moment to the first day of July 2024 any set that employs the services of Angel Unigwe, I will come to that set and make sure filming doesn’t hold. Her mother has been threatening many producers.”

 

View this post on Instagram

 

A post shared by Kanayo O Kanayo (@kanayo.o.kanayo)

Get more updates here.

Continue Reading

ENTERTAINMENT

Whitemoney Says He Pays His 150 Employees Five Years In Advance

Published

on

Whitemoney pays his 150 employees 5 years in advance | Fab.ng

Reality TV star Whitemoney, whose real name is Hazel Oyeze Onou, recently surprised fans with a revelation about his business practices. In an interview with Echoo Room, Whitemoney claimed to have a whopping 150 employees on his payroll! That’s a significant number of people who rely on him for their income.

But here’s the even more surprising part: Whitemoney says he doesn’t believe in the traditional monthly pay cycle. According to him, he actually pays his staff members their salaries up to five years in advance! This might sound unbelievable, but Whitemoney explained his reasoning behind this unconventional approach.

He says that by pre-paying his employees, he avoids the hassle and stress of managing monthly payroll. Imagine the administrative burden of processing payroll for 150 people every month. Whitemoney seems to believe that pre-paying eliminates that headache entirely.

The host asked, “I’ve heard that you pay staff members a couple of years in advance; five years, three years in advance. Is this true?”

Whitemoney replied, “To be honest, it is. I operate on that system because it helps me take my mind off things. The way I set up my system is because I’m versatile; I do a lot of things, and I can easily get carried away. Currently, I have 150 staff members.”

Of course, some questions naturally arise from this revelation. For instance, how does Whitemoney manage his cash flow if he’s essentially giving out large sums of money upfront? Is there any kind of contract or agreement in place to ensure his employees fulfil their job duties for the entire five-year period after receiving their salaries? These are details Whitemoney hasn’t publicly addressed yet.

One thing’s for sure, Whitemoney’s approach to payroll is certainly unconventional. While it might work for him and his specific business model, it’s not likely a strategy that could be easily replicated by everyone.

Watch the video clip below.

Check out more entertainment news here.

 

Continue Reading

Latest

Bracelets That Ward Off Bad Energy And Evil Spirit | fab.ng Bracelets That Ward Off Bad Energy And Evil Spirit | fab.ng
FASHION3 hours ago

7 Bracelets Said To Repel Evil Spirits And Negative Energy

Across the globe and throughout history, people haven’t just worn bracelets and jewellery for looks. These accessories often served a...

Why You Must Add Watermelon Seeds To Your Diet | Fab.ng Why You Must Add Watermelon Seeds To Your Diet | Fab.ng
FOOD6 hours ago

Here’s Why You Must Add Watermelon Seeds To Your Diet

Guys, listen up! Watermelon seeds are more than just a messy byproduct of enjoying a juicy treat. These tiny nutritional...

Rainy season: how to prevent home flooding | fab.ng Rainy season: how to prevent home flooding | fab.ng
LIFESTYLE9 hours ago

Rainy season: How To Prevent Home Flooding

The pitter-patter of rain announces the arrival of Nigeria’s rainy season. Daily showers and a welcome drop in temperature transform...

Fresh peppers: 5 perfect substitutes | Fab.ng Fresh peppers: 5 perfect substitutes | Fab.ng
FOOD11 hours ago

5 Perfect Substitutes For Fresh Pepper

Fresh peppers are a kitchen must-have, especially in African cuisine! They add flavour and a touch of heat to countless...

Herbs that heal organs in your body | Fab.ng Herbs that heal organs in your body | Fab.ng
HEALTHY LIVING1 day ago

7 Herbs That Heal Various Organs In your Body

Did you know that some herbs can actually heal various organs in your body? Did you know these herbs can...

Why wearing black socks on a plane may be dangerous | Fab.ng Why wearing black socks on a plane may be dangerous | Fab.ng
TRAVEL1 day ago

Why Wearing Black Socks On A Plane May Be Dangerous

Planning what to wear on a plane goes beyond just looking good. It’s about choosing clothes that prioritise both your...

Ojude Oba: How Ijebus come up with elaborate fashion | Fab.ng Ojude Oba: How Ijebus come up with elaborate fashion | Fab.ng
FASHION1 day ago

How The Ijebus Come Up With Elaborate Fashion At Ojude Oba Festival

Yoruba fashion is a big deal at the Ojude Oba festival! Yoruba people have a saying: “We greet the cloth...

Top 5 Smartphone brands dominating markets in Africa | Fab.ng Top 5 Smartphone brands dominating markets in Africa | Fab.ng
BUSINESS1 day ago

Top 5 Smartphone Brands Dominating Africa’s Market

The African smartphone market is booming! Sales of smartphone brands across Africa surged in the first quarter of 2024, according...

Stubborn: Victony Drops Debut Album | Fab.ng Stubborn: Victony Drops Debut Album | Fab.ng
MUSIC2 days ago

Victony Drops Debut Album “Stubborn”

Nigerian artist Victony, known for his global hit “Soweto,” has finally dropped his debut album, “Stubborn.” This highly anticipated release...

Kanayo to disrupt any film set that engages Angel Unigwe | Fab.ng Kanayo to disrupt any film set that engages Angel Unigwe | Fab.ng
MOVIES2 days ago

Kanayo O. Kanayo Vows To Disrupt Any Film Set That Engages The Service Of Actress Angel Unigwe

Veteran Nollywood actor Kanayo O. Kanayo is raising a red flag about working with young actress Angel Unigwe. In a...

-Ad-

under40ceos-starting-a-business
under40ceos-starting-a-business

Trending