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  • Bah humbug! SantaCon organizer is a grinch who stole $1 million, DOJ alleges

    Bah humbug! SantaCon organizer is a grinch who stole $1 million, DOJ alleges

    New York  — The organizer of SantaCon, an annual bar crawl where attendees dress up as Santa Claus, was arrested and charged with stealing more than $1 million intended for charity.

    Federal prosecutors allege that from 2019 to April 2026 Stefan Pildes, the organizer of SantaCon, defrauded tens of thousands of ticket-buying revelers and venue operators by promising proceeds would go to charities but instead used more than half of the money raised to line his pockets.

    RELATED: Danville celebrates first SantaCon and the event’s creators approve

    Over that seven-year period authorities allege SantaCon brought in $2.7 million in proceeds and “only small fraction” of the money went to the intended charities.

    Pildes allegedly used the money to bankroll a $365,000 renovation of a New Jersey lakefront property, cover a $3,000 dinner at a Michelin-starred restaurant in Manhattan, buy a luxury car, and take vacations to Vail, Hawaii and Las Vegas. He also allegedly used about $124,000 toward renting a luxury apartment.

    “Pildes allegedly stole Christmas from tens of thousands of victims and deprived local charities of more than one million dollars,” said James C. Barnacle, Jr., the FBI assistant director in charge of the New York field office.

    Attendees of SantaCon paid between $10 and $20 per ticket and in exchange received access to designated venues participating in the day-long celebration. Restaurants and bars who signed on as venues agreed to give a percentage of their food and drink sales – typically 10 to 25% – to the SantaCon entity as a “charitable commission,” according to the indictment.

    On the SantaCon website, Pildes said that ticket sales went “directly to Santa’s charity drive,” according to the indictment.

    One attendee was told by SantaCon in an email, “your donation goes to charity and it is only a few bucks and that good feeling will warm your heart faster than whiskey and gingerbread,” according to the indictment.

    Pildes is expected to appear in federal court on Wednesday. If convicted he could face as much as 20 years in prison.

    The-CNN-Wire
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  • US jury finds Ticketmaster and Live Nation had anticompetitive monopoly

    US jury finds Ticketmaster and Live Nation had anticompetitive monopoly

    A New York jury has found that concert giant Live Nation and its subsidiary Ticketmaster had a harmful monopoly over big concert venues, dealing the company a loss in a lawsuit over claims brought by dozens of states in the United States.

    A Manhattan federal jury deliberated for four days before reaching its decision on Wednesday in the closely watched case, which gave fans the equivalent of a backstage pass to a business that dominates live entertainment in the US and beyond.

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    At the end of the proceeding, the judge told lawyers on both sides to arrange with one another “and the United States” to provide a joint letter proposing a schedule for motions and how the remedies phase of the case would occur. He told them to deliver it by late next week.

    Live Nation Entertainment owns, operates, controls booking for or has an equity interest in hundreds of venues. Its subsidiary Ticketmaster is widely considered to be the world’s largest ticket-seller for live events. Its lawyers did not immediately comment as they left the court, but said a statement would be issued shortly.

    The verdict could cost Live Nation and Ticketmaster hundreds of millions of dollars, just for the $1.72 per ticket that the jury found Ticketmaster had overcharged consumers in 22 states. The companies could also be assessed penalties. In addition, sanctions could result in court orders that they divest themselves of some entities, including venues, such as amphitheatres that they own.

    Smothering competition

    The civil case, initially led by the US federal government, accused Live Nation of using its reach to smother competition by blocking venues from using multiple ticket sellers, for example.

    “It is time to hold them accountable,” Jeffrey Kessler, a lawyer for the states, said in a closing argument, calling Live Nation a “monopolistic bully” that drove up prices for ticket buyers.

    Live Nation insisted it is not a monopoly, saying that artists, sport teams and venues decide prices and ticketing practices. A company lawyer insisted its size was simply a function of excellence and effort.

    “Success is not against the antitrust laws in the United States,” lawyer David Marriott said in his summation.

    Ticketmaster was established in 1976 and merged with Live Nation in 2010. The company now controls 86 percent of the market for concerts and 73 percent of the overall market when sporting events are included, according to Kessler.

    Ticketmaster has long drawn ire from fans and some artists. Grunge rock titans Pearl Jam battled the business in the 1990s, even filing an antimonopoly complaint with the US Department of Justice, which declined to bring a case at that time.

    Decades later, the Justice Department, joined by dozens of states, brought the current lawsuit during Democratic former President Joe Biden’s administration. Days into the trial, Republican President Donald Trump’s administration announced it was settling its claims against Live Nation.

    The deal included a cap on service fees at some amphitheatres, plus some new ticket-selling options for promoters and venues — potentially allowing, but not requiring, them to open doors to Ticketmaster competitors such as SeatGeek or AXS. But the settlement does not force Live Nation to split from Ticketmaster.

    A handful of the states joined the settlement. But more than 30 pressed ahead with the trial, saying the federal government had not gotten enough concessions from Live Nation.

    The trial brought Live Nation CEO Michael Rapino to the witness stand, where he was questioned about matters that included the company’s Taylor Swift ticket debacle in 2022, when a massive demand for pre-sale tickets for her concert led to major issues on Ticketmaster. Rapino blamed a cyberattack.

    The proceedings also aired a Live Nation executive’s internal messages declaring some prices “outrageous,” calling customers “so stupid”, and boasting that the company “robbing them blind, baby”. The executive, Benjamin Baker, apologetically testified that the messages were “very immature and unacceptable”.

  • Steven Spielberg Warns Hollywood Must Invest in Original Stories or Movies Will ‘Run Out of Gas,’ Debuts Eerie New ‘Disclosure Day’ Trailer at CinemaCon

    Steven Spielberg Warns Hollywood Must Invest in Original Stories or Movies Will ‘Run Out of Gas,’ Debuts Eerie New ‘Disclosure Day’ Trailer at CinemaCon

    They’re here.

    Steven Spielberg premiered a new trailer at CinemaCon on Wednesday for “Disclosure Day,” his return to summer blockbuster filmmaking after a decade mostly spent making personal dramas (“The Fabelmans”) and prestige fare (“West Side Story”). The film’s plot has been shrouded in secrecy, but it involves visitors from another planet and a vast government conspiracy to cover up their arrival. It’s a genre that has been good to Spielberg over the years, inspiring classics such as “E.T. the Extra-Terrestrial,” “Close Encounters of the Third Kind” and hits like his remake of “War of the Worlds.”

    Here he’s supported by a starry cast that includes Emily Blunt as a weather reporter with a connection to otherworldly visitors; Josh O’Connor as a man with evidence that we’ve made contact; and Colin Firth as a nefarious bureaucrat who will stop at nothing to keep our heroes from going public. Eve Hewson and Colman Domingo round out the ensemble. David Koepp, who penned “Jurassic Park,” wrote the script. Spielberg called the sci-fi premise “closer to truth” than you might think.

    “I’ve been curious ever since I was a little kid with what was happening in the night sky,” Spielberg said.

    He noted that there has been increasing evidence that unidentified flying objects are real, referencing a 2017 report in the New York Times on a secret Pentagon program to investigate these mysterious sightings.

    “The world became more accepting of the fact that we probably are not alone,” Spielberg said. The director’s certainty that intelligent life is out there has only grown in the nearly 50 years between the release of “Close Encounters of the Third Kind” and “Disclosure Day.”

    “I believe this movie is going to answer questions and this movie is going to cause a lot of people to ask a lot of questions,” Spielberg said. “All you need to get from beginning to end is a seat belt,” he added.

    There was lots of that Spielbergian sweep on display in the footage that he presented on Wednesday. Blunt and O’Connor crash through a farm house while evading government agents and later climb onto a speeding train. As for the aliens, they are glimpsed fleetingly. A ship (is it a flying saucer?) starts to materialize out of an ink-black sky; a hand that is definitely not human reaches up to caress a face. But do they come in peace?

    At CinemaCon, Motion Picture Association CEO Charlie Rivkin presented a visibly emotional Spielberg with a “one-time honor, the America 250 award,” which was followed by a conversation between Domingo and his “Disclosure Day” director. It marks Spielberg’s first visit to the exhibition industry trade show.

    “I promise you this will not be my last,” Spielberg promised after receiving a standing ovation.

    Spielberg wasn’t just in promotional mode. He came with advice about how to sustain an art form he loves. That started with a plea to keep movies in theaters longer before debuting them on home entertainment platforms. To that end, he praised Universal, the studio behind “Disclosure Day,” for its recent decision to increase the number of days its films are in cinemas from as few as 17 to 45.

    “Audiences will find what they want to watch, whether the films are big or small, but studios need to help us by greatly expanding the exclusive windows like [Universal Entertainment chief] Donna Langley just did,” Spielberg said to loud applause. “Today I’ve got to be greedy. Do I hear 60 days? Do I hear 120 days?”

    Spielberg stressed that studios like Universal need to keep investing in original films like “Disclosure Day” instead of reboots, sequels and spinoffs.

    “If all we make is known, branded IP, we’re going to run out of gas,” Spielberg said. “There is nothing more important than giving the audience visual stories, and they can be in any form, but we need to tell more original stories.”

    But will “Disclosure Day” prove that audiences want something new and different or will it struggle to draw crowds to a movie that isn’t based on a comic book or a video game? We’ll find out if Spielberg is right when it opens on June 12.

  • Netflix Latin America’s Francisco Ramos Says: ‘I Believe It’s Crucial for Talented People to Feel They Can Succeed in Their Own Country’ (EXCLUSIVE)

    Netflix Latin America’s Francisco Ramos Says: ‘I Believe It’s Crucial for Talented People to Feel They Can Succeed in Their Own Country’ (EXCLUSIVE)

    After opening new offices in Mexico, Brazil and Argentina this year, Netflix is now turning its attention to Colombia.

    Francisco Ramos, Netflix’s VP of original content, Latin America, was at the 65th Cartagena Film Festival (FICCI) to present four key initiatives aimed at bolstering the country’s audiovisual industry and give a sneak peek of Season 2 of “One Hundred Years of Solitude,” the streamer’s most ambitious series in the region.

     “To us, telling stories in Colombia is just the beginning. We want the experience of producing on a large scale – as we’ve done with ‘One Hundred Years of Solitude’ – to leave a positive impression on the creative industry. Today, the goal is to continue driving this growth so that the local ecosystem becomes increasingly robust, competitive and sustainable,” said Ramos, noting that Netflix was marking its 15th anniversary in Latin America, where it produced three out of its first five original local language shows.

    In an exclusive interview with Variety, he pointed out that while Colombia has shown immense potential, it remains vital that Netflix provide not just financial support, but also the resources to execute artistic and technical craftsmanship.

    “Otherwise, there’s a risk of a bubble: lots of production without quality, ambition or proper execution. The talent exists and with the initiatives we’ve been doing — and the new ones we’re launching — we’re emphasizing the need for more people to develop their craft. This will allow not only more diverse stories but also a deeper understanding of Colombia’s complexity: multiple large cities, diverse cultures, Caribbean, Pacific, central regions, and borders with several countries. On the technical side, people have always had the knowledge, but lacked resources. Now, we provide the tools and opportunities to fully develop their expertise.”

    “I really believe it’s crucial for talented people to feel they can succeed in their own country. I’d be concerned if talented Colombians felt that to succeed in any craft — production design, costume, makeup, VFX, cinematography or production — they had to leave the country. People should have the option, especially in such a culturally rich country like Colombia, to build their careers at home.”

    The four new training initiatives are:

    Opera Prima Lab Film & Series:

    Developed in partnership with FICCI, it will focus on guiding emerging filmmakers who are developing their first feature film or series. Alongside Netflix, the program “offers specialized mentorship in storytelling, essential production tools, and access to the FICCI programming, aimed at continuing to build our capacity to tell our own stories,” said Mónica Moya, FICCI industry director.

    “There are extraordinary new filmmakers emerging — when I say “small,” I mean their films are small in scale, not in vision. Many of these movies wouldn’t be made without incentives, so we’re building the infrastructure to give these filmmakers access to people who can help make their projects more extraordinary, unique and individual,” Ramos asserted.

    “It’s interesting because some might think our efforts are self-serving, but many of these films may never even end up on Netflix — and that’s perfectly fine. These filmmakers or writers could later work on a show with us or bring a project to us. I genuinely feel that when a film gets made because of the resources and support we provide — even if we’re technically competitors — it validates the ecosystem we’re building,” he added.

    Lab Macondo 3:

    In partnership with the Colombian Film Academy, led by Cristina Umaña, actress and President of the Colombian Film Academy, the Lab builds on earlier editions focused on literary adaptation and production design. Now in its third iteration, it centers on executive production as the bridge between creative vision and project sustainability, with most of its 24 participants hailing from across Colombia’s regions.

    “Developing the craft of production designers — similar to the way exceptional designers in Mexico are recognized globally — will be hugely beneficial here. For example, many art directors who worked on ‘One Hundred Years of Solitude’ with Bárbara Enríquez are now joining us and even our competitors as production designers, because they now understand and can bring this level of vision to a project,” Ramos noted.

    Audiovisual Industry Provider Training Program: 80 companies will be participating in this initiative in partnership with local producers association ASOCINDE, which will focus on fortifying the capabilities of companies to develop and produce content, said its president Diego F. Ramírez. “Every link in the chain is essential for content to reach audiences across borders; that is why the program promotes the development of skills, services and logistical capabilities that enable us to take our productions further.”

    BAMMERS: Developed alongside promotional entity Proimágenes Colombia as part of the Bogotá Audiovisual Market (BAM), the initiative backs a new generation of Latin American producers by providing them with tools and connections to develop projects with international appeal.

    “Opportunities make the difference, and these training programs pave the way for them. Initiatives like BAMMERS provide access to international experts, allow for the sharing of experiences, and connect participants with producers currently active in the industry. It’s a unique opportunity — one that’s often found not in universities, but in real life — and this is the first step,” said Claudia Triana, executive director of Proimágenes.

    This initiative builds on the momentum led by “One Hundred Years of Solitude,” which marked a milestone for Colombia’s industry, not only for its cultural significance but also for its economic impact. Injecting close to $60 million into the national economy, it was a gargantuan production that involved building the mythical village of Macondo, which spanned over 5,812,506 square feet and tapped thousands of local talent and resources.

    The 65th Cartagena Film Festival runs April 14- 19.

  • Menopause Estrogen Patches Are in Short Supply. What Are the Alternatives?

    The demand for estrogen patches has outpaced supply, and manufacturers are struggling to catch up.

    Prescriptions for estrogen-based HRT have surged, according to an analysis by health data company Truveta. Patch use specifically increased by more than triple between 2018 and early 2026.

    Among women ages 45–54, prescribing rates jumped 184%, and in February 2026, roughly 1 in 20 women in that age group had an estrogen-based HRT prescription, the Truveta data showed.

    Several forces drove that growth. In November 2025, the FDA began removing some of the strongest safety label warnings from certain HRT products.

    The Food and Drug Administration (FDA) said it initiated the labeling changes after a comprehensive review found the warnings overstated the risks for many women, particularly those who start therapy near the onset of menopause.

    “Demand for hormone replacement therapy has surged since our announcement,” Makary said.

    G. Thomas Ruiz, MD, an OB-GYN at MemorialCare Orange Coast Medical Center in Fountain Valley, CA, said the shift has been dramatic in his own practice.

    “As soon as the FDA changed its black box warning… I got so many patients who are no longer fearful,” Ruiz told Healthline. He added that the biggest concern holding women back had been breast cancer risk — a fear rooted in the original Women’s Health Initiative findings.

    Sarah Prager, MD, an OB-GYN at University of Washington Medical Center, said that she’s seen the same trend.

    “I have seen a huge uptick in patients requesting estrogen as part of menopausal hormone therapy,” Prager told Healthline, adding that she has noted patients are having a difficult time accessing patches.

    “Our field is starting to catch up on how helpful estrogen can be, how safe it generally is, and how early we could/should be starting mHT for patients to help with symptoms,” she said.

  • Fluoride in Drinking Water Has No Effect on IQ or Brain Function, Study Finds

    Drinking water flows from kitchen sink tapShare on Pinterest
    A new study found no link between fluoride in drinking water and negative impacts on brain health. Aidana K/Stocksy
    • A new study finds no evidence that fluoridated drinking water affects children’s IQ or the cognitive abilities of older adults.
    • Experts say fluoride in drinking water helps prevent tooth decay and cavities.
    • They add that a person’s dental health directly affects their overall health.

    Fluoride in drinking water does not affect children’s IQ or decrease cognitive abilities in older adults, according to a new, large-scale study.

    “We find no evidence that [community water fluoridation] is negatively associated with adolescent IQ or adult cognitive functioning,” the study authors wrote.

    The findings are in contrast to Health and Human Services (HHS) Secretary Robert F. Kennedy’s announcement in April that he would require the Centers for Disease Control and Prevention (CDC) to revise its long-standing recommendation that fluoride be added to drinking water.

    They also contradict previous research, including a January study, that has suggested a possible link between fluoride and children’s IQ levels. Researchers noted that the studies were conducted in China and other countries with higher fluoride concentrations than permitted in the United States.

    Scott Tomar, DMD, a spokesperson for the American Dental Association, said this research provides important information for the public at a critical time. Tomar wasn’t involved in the study.

    “Despite misinformation that is out there, the best available evidence indicates that community water fluoridation has no effect on IQ, cognition, or other measures of neurodevelopment,” said Tomar, who is also a professor and associate dean for Prevention and Public Sciences at the College of Dentistry at the University of Illinois Chicago.

    Danelle Fisher, MD, a pediatrician at Providence Saint John’s Health Center in Santa Monica, CA, said the findings confirm previous research on fluoridated water. Fisher wasn’t involved in the study.

    “They reassure us that the use of fluoride in proper amounts does not have any definitive effects on IQ,” she told Healthline. “It makes a good case for having fluoride in our drinking water.”

    The new study was led by Rob Warren, PhD, a sociologist and population health expert at the University of Minnesota.

    Warren used data from the Wisconsin Longitudinal Study, which has followed more than 10,000 people in that state since they graduated from high school in 1957. Participants took IQ tests at age 16, then had cognitive testing done at ages 53, 64, 72, and 80.

    The original purpose of the Wisconsin study wasn’t focused on fluoride so there was no data available on urine or blood tests that would have measured exact levels of fluoride. Warren’s team based their estimates on exposure from records of when community water fluoridation began in certain areas.

    The new findings follow a November 2025 study led by Warren that found no link between community water fluoridation in early life and brain function in people at age 60.

    Experts note that fluoridation at appropriate levels doesn’t appear to cause any negative health effects.

    “At the levels of fluoride that we use for community water fluoridation in the United States and other countries, there are no adverse health effects,” Tomar told Healthline.

    Graham Tse, MD, a pediatrician and chief medical officer of MemorialCare Miller Children’s & Women’s Hospital in Long Beach, CA, agreed that the low levels of fluoride in U.S. drinking water pose no threat. Tse wasn’t involved in the study.

    “There is no evidence of any health impacts,” Tse told Healthline.

    He added that fluoride, like vitamins or other substances, can pose some issues if people are exposed to high levels. “That’s the case with many, many things,” Tse said.

    The health benefits of fluoride in drinking water were first studied in 1909 in Colorado.

    In 1945, Grand Rapids, Michigan, became the first state to add fluoride to its municipal water in an effort to help prevent tooth decay. Initial studies reported that tooth decay among Grand Rapids schoolchildren born after 1945 had declined by 60%.

    In 1962, the U.S. Public Health Service recommended fluoridation in drinking water.

    The CDC states that the optimal level of fluoride in drinking water to prevent cavities is 0.7 milligrams (mg) per liter (L). That amounts to 3 drops in a 55-gallon barrel. The legal limit for drinking water in the United States is 4 mg/L.

    Today, more than 70% of people in the United States on public water systems receive fluoridated water. That represents more than 200 million Americans.

    However, that number is shrinking. Two states — Utah and Florida — have enacted bans on fluoride in drinking water. Several other states, including Kentucky, Louisiana, Missouri, and Oklahoma, have pending legislation to limit fluoride.

    Fluoride, a chemical found in nature as well as in toothpaste and drinking water, works by inhibiting the growth of bacteria that cause cavities, strengthening the hard outer enamel of teeth, reversing the damage caused by cavities, and supporting new bone formation.

    Excessive fluoride intake, however, may cause fluorosis, a condition that can result in white spots or brown stains on teeth.

    Experts say the benefits of fluoridated water are numerous and widespread.

    “We have extremely consistent evidence that water fluoridation helps to prevent tooth decay and reduces its severity,” said Tomar. “We also have very consistent evidence that community water fluoridation saves money for families, communities, and state governments by reducing dental costs and missed days of work or school due to dental problems.”

    “The primary danger of stopping fluoridation is that the levels of tooth decay, and its related treatment costs will increase,” he added. “The effects show up first – and most pronounced – among the youngest children in the community but ultimately affects everyone.”

    Among other issues, gum disease can affect blood sugar levels in people with diabetes and increase the risk of heart disease and respiratory infections.

    In addition, poor dental health can also lead to the development of diabetes and other chronic diseases later in life.

    Poor dental health can also affect people with chronic kidney disease.

    Fisher said that cavities can lead to abscesses and infections, which can affect any part of the body.

    “Cavities aren’t just little holes in your teeth,” she told Healthline. “Infections can spread and cause a wide variety of problems.”

    “Oral health isn’t limited to the mouth,” Tse noted. “It’s connected to overall health.”

    CDC officials say there are a number of ways you can promote good oral health. Among their suggestions:

    • Avoid foods and drinks with added sugars.
    • Drink fluoridated water and use fluoridated toothpaste.
    • Brush your teeth at least twice a day and floss regularly.
    • Visit the dentist at least once a year.

    Fisher agreed with these recommendations and added a few more suggestions for parents.

    She said adults should set a good example for children on regular brushing and flossing. She adds that parents should avoid giving children too many drinks and foods with added sugars.

    Fisher said babies should never fall asleep while drinking juice or soda from a bottle. That allows sugar to coat their tiny teeth. She added that gummy products can also stick to teeth and should be used sparingly.

    Tse agreed that good dental habits are important for children, as their teeth are still growing. He said that if everyone had access to quality dental care and adhered to healthy dental habits every day, then perhaps fluoridated water wouldn’t be necessary.

    “Maybe we wouldn’t need fluoridated drinking water under those circumstances, but that’s not the reality,” he said. “Fluoridation is a cheap, effective way to promote good dental care.”

  • Federal jury finds concert business Live Nation is a monopoly

    Live Nation, which operates the Ticketmaster platform, has been determined to be a monopoly. A federal jury handed down its decision today that the company violated federal and state antitrust rules. This finding won’t surprise anyone who has used Ticketmaster and been sticker-shocked by their final bill. However, it’s unclear what the jury’s decision will mean in practice.

    For starters, the judge overseeing the case hasn’t determined what remedies will be applied. The actions could go as far as requiring Live Nation to sell off Ticketmaster. There are also monetary damages to be awarded, which haven’t been set yet. And whatever the judge decides, it’s likely that Live Nation will appeal the decision. In a statement released by Live Nation today, the company noted that there are other motions still pending that could also impact the jury’s ruling. “Of course, Live Nation can and will appeal any unfavorable rulings on these motions,” it said.

    The Department of Justice and a group of state and district attorneys general sued Live Nation on monopoly claims in 2024. The government agency reached a settlement with Live Nation last month, but the other parties continued their action. There’s also a separate case being waged by the Federal Trade Commission questioning whether Live Nation colluded with ticket resellers.

    Update, April 15, 2025, 6:31PM ET: Added statement from Live Nation.

  • Microsoft’s new college deal is a half-hearted answer to the $500 MacBook Neo

    Apple’s MacBook Neo is a $600 (or $500 for students) shot across the bow at affordable Windows laptops, and it seems like Microsoft has ready its first response. The newly announced “Microsoft College Offer” is a bundle of Microsoft 365 Premium, Xbox Game Pass Ultimate, custom Xbox controller and discounted laptop that the company thinks could woo students away from Apple’s new deal.

    With the purchase of a discounted machine directly from Microsoft, retailers like Amazon and Best Buy or PC makers like HP, ASUS and Acer, you can get what the company says is an extra $500 of value from its bundle. The laptop deals include a Lenovo IdeaPad Slim 3x with a Snapdragon X chip, 16GB of RAM and 256GB of storage for $500 from Best Buy, around $250 off the laptop’s usual $750 price. Or if you wanted something even cheaper, Walmart is selling an HP Omnibook 3 for $429, a discount of $270 off its usual $699 price. Microsoft is less generous with the deals on its own laptops and tablets, but you can even get a discount on a Surface Laptop as part of the offer.

    A discounted laptop is great, but where the value of the Microsoft College Offer gets harder to define is with the services the company is packing in. Getting what would normally be a $200 year-long subscription to Microsoft 365 Premium for free is a meaningful deal, but many colleges give their students access to Microsoft’s apps (and other software) with the cost of their tuition. A year of Xbox Game Pass Ultimate, which costs $30 per month as of October 2025, sounds like significant savings, but the offer is only valid for new subscribers. That leaves the free custom Xbox controller as the simplest bonus of the bunch, a value of around $76.

    Windows PC makers are expected to make more serious attempts to compete with the Neo over the next year. For now, though, the Microsoft College Offer isn’t exactly a bad deal, but it’s certainly not as straightforwardly appealing as an Apple-quality laptop for $500 with a college discount.

    The Microsoft College Offer is available to students starting April 15 and runs through June 30, 2026. Microsoft says redemption of the full bundle of services and accessories it’s offering needs to happen by July 31, 2026.

  • Arthur Hayes says crypto markets are crashing because the community can’t agree on why they’re crashing

    Arthur Hayes says crypto markets are crashing because the community can’t agree on why they’re crashing

    Arthur Hayes says the crypto crowd is getting hit while still fighting over the reason for the drop. In his latest essay, Arthur warns that: “I don’t know anything about war fighting,” and makes clear he has no inside line into what global leaders may do next.

    What he does say he has is public data, basic math, propaganda AI agents, and a portfolio to protect.

    He says there are really four possible outcomes, but one is useless for investors. Nuclear destruction is not something he thinks anyone can trade around, so he throws it out. That leaves three main paths, plus one middle case tied to a US blockade. Arthur says he is trying to find a portfolio setup that can beat hydrocarbons, food, and fuel prices in the best case, and in the worst case still do better than most major assets.

    Arthur Hayes says Bitcoin comeback is waiting for Fed liquidity injection

    In the first case, Arthur says the war stops and things go back to what they were before, but that still would not solve the deeper problem because the bigger threat is AI replacing white-collar workers across the US economy.

    “The American economy is the most exposed because its GDP is ~70% driven by consumer spending. Consumers finance their materialism using bank credit, and these loans become assets on banks’ balance sheets,” says Arthur.

    Arthur says the AI-led bust could be as serious as the 2008 subprime mess. He writes that rising consumer delinquencies are already showing up before the real layoff wave has even started.

    He also gives a story from a crypto gaming founder who tested the latest Claude model during Christmas 2025, built usable code fast, then brought top engineers together to rethink the company.

    After that, the firm built an agent workflow that coded all day and all night, including code review. He says that led the company to plan cuts to 50% of staff. He adds that top engineers may get 10x to 100x more productive, while average workers get pushed out. He says the median annual unemployment payout in US states is about $28,000, far below the $85,000 to $90,000 earned by many knowledge workers.

    That gap, according to Arthur, leads straight to missed debt payments. Even then, Arthur says Bitcoin may only get a limited bounce, maybe to $80,000 or $90,000, until the Fed steps in with real liquidity.

    Arthur tracks yuan tolls, oil stress, and money printing through Bitcoin, gold, and bonds

    In the second case, Arthur says Iran keeps control over the Strait of Hormuz and lets friendly ships pass after paying a $2 million toll in yuan, crypto, sanctioned dollars, or other deals.

    He says that would hit the petrodollar hard. Since most big economies run trade deficits with China, they would need to sell US Treasuries or tech stocks, buy physical gold, then swap that gold for yuan in Shanghai or Hong Kong. He notes only Brazil and Russia among the ten biggest economies run trade surpluses with China.

    Arthur pointed out that foreign securities holdings at the Fed dropped $63 billion after the war started, while non-monetary gold became the biggest US export in four of the last five months, up 342% from a year earlier. He also says Swiss refineries are recasting US gold for China and that rising CIPS volumes matter because Iran cannot use SWIFT. As Arthur puts it:

    “The yuan and gold will most likely become the two primary currencies of sovereign trade. If holding dollars cannot guarantee pirates won’t tank your stuff, why hold them at all?”

    In the third case, the US military reopens the strait by force. Arthur says that could briefly restore faith in the dollar, but it could also destroy Iran, wreck Gulf energy output, and force central banks to print into a commodity spike. He writes, “The spice definitely won’t flow.” He says some countries would face hyperinflation, while America and Russia would be the only big swing producers left.

    For Bitcoin, Arthur says, “If the blockade ultimately ends via a punitive bombing campaign of Iran followed by an Iranian destruction of all Persian Gulf energy production, this could lead to the destruction of the Iranian state. The rally in Bitcoin, inspired by money printing, might be short-lived because the destruction of the Iranian state materially raises the prospect of WW3.”

  • Bitcoin Price Targets $75K Break, Is a New Rally Incoming?

    Bitcoin Price Targets $75K Break, Is a New Rally Incoming?

    Bitcoin price started a fresh surge and cleared the $74,500 zone. $BTC is consolidating and might aim for more gains above the $75,000 level.

    • Bitcoin managed to stay above $73,500 and started a fresh increase.
    • The price is trading above $74,000 and the 100 hourly simple moving average.
    • There is a declining channel forming with resistance at $75,000 on the hourly chart of the $BTC/USD pair (data feed from Kraken).
    • The pair might extend gains if it stays above the $73,650 and $73,300 levels.

    Bitcoin Price Aims for Steady Gains

    Bitcoin price found support near $73,000 and started a fresh increase. $BTC gained pace for a move above the $73,500 and $73,650 resistance levels.

    The last swing high was formed at $76,088 before there was a downside correction. The price dipped below $74,000. It even spiked below the 38.2% Fib retracement level of the upward move from the $70,518 swing low to the $76,088 high.

    Bitcoin is now trading above $74,000 and the 100 hourly simple moving average. There is also a declining channel forming with resistance at $75,000 on the hourly chart of the $BTC/USD pair.

    Source: BTCUSD on TradingView.com

    If the price remains stable above $73,650, it could attempt a fresh increase. Immediate resistance is near the $75,000 level. The first key resistance is near the $75,500 level. A close above the $75,500 resistance might send the price further higher. In the stated case, the price could rise and test the $76,000 resistance. Any more gains might send the price toward the $77,500 level. The next barrier for the bulls could be $78,000.

    Another Decline In $BTC?

    If Bitcoin fails to rise above the $75,500 resistance zone, it could start another decline. Immediate support is near the $74,250 level. The first major support is near the $73,650 level.

    The next support is now near the $73,300 zone or the 50% Fib retracement level of the upward move from the $70,518 swing low to the $76,088 high. Any more losses might send the price toward the $72,650 support in the near term. The main support now sits at $72,000, below which $BTC might struggle to recover in the near term.

    Technical indicators:

    Hourly MACD – The MACD is now gaining pace in the bullish zone.

    Hourly RSI (Relative Strength Index) – The RSI for $BTC/USD is now above the 50 level.

    Major Support Levels – $73,650, followed by $73,300.

    Major Resistance Levels – $75,000 and $76,000.