BusinessEducation

Harvard’s Endowment Hits Record $56.9 Billion Amid Political Tensions

Harvard University’s endowment has surged to $56.9 billion, marking significant growth despite ongoing political tensions. The institution also reported record donations while navigating federal funding challenges and legal disputes.

Record Endowment Growth

Harvard University’s financial endowment has reportedly reached $56.9 billion in fiscal 2025, growing by nearly $4 billion according to recent reports. Sources indicate this represents an 11.9% return on investments for the fiscal year ending June 30, surpassing the institution’s long-term target of 8%. The endowment’s performance follows a 9.6% return in fiscal 2024, when it totaled $53.2 billion.

BusinessCybersecurity

Hollywood Producer Acquires NSO Group: Surveillance Giant Under New Ownership

** Hollywood film producer Bob Simonds, known for Happy Gilmore, is acquiring notorious Israeli spyware company NSO Group. The deal marks another ownership change for the controversial surveillance firm amid ongoing human rights concerns and regulatory scrutiny. **CONTENT:**

In a surprising move that bridges Hollywood and surveillance technology, film producer Bob Simonds is leading the acquisition of Israeli spyware giant NSO Group. The American producer, founder of STX Entertainment and known for films like Happy Gilmore and Hustlers, previously served on NSO’s board before his successful bid to purchase the controversial surveillance company. This ownership transition comes amid ongoing scrutiny of NSO’s Pegasus spyware and its alleged use against activists, journalists, and lawyers worldwide.