Latest news with #CostPlusDrugs
Yahoo
a day ago
- Business
- Yahoo
Mark Cuban Makes Major Donation To Jeff Cannonball ALS GoFundMe Campaign
Mark Cuban came through in a big way. Jeff Cannonball is an independent wrestler based in the New Jersey area. You might also know him from his humorous 'Short Soda Reviews' or his brief run in MLW. Cannonball recently announced some unfortunate news, as he was recently diagnosed with ALS (Amyotrophic Lateral Sclerosis). ALS is more commonly known as 'Lou Gehrig's Disease,' and it is a neurodegenerative disease that leads to eventual paralysis and death. Cannonball's family, which includes his wife, former indie wrestler Terra Calaway, organized a GoFundMe campaign to help offset the costs of all of the changes in his life. This includes him being unable to work, incoming medical bills, and other adjustments, like needing to find a single-story home that accommodates his needs. The campaign has gotten a lot of support so far. Former Dallas Mavericks owner Mark Cuban made a huge donation to the campaign on Tuesday night by contributing $10,000. Cuban did not comment on the donation, but he has been active in fighting for better healthcare options and prescription costs through his Cost Plus Drugs company. The GoFundMe campaign is currently at 84% of its $100,000 funding goal. However, you can continue to share the campaign and make a donation if you are able to here. There is currently no cure for ALS. People with ALS have a typical lifespan of 3-5 years after diagnosis. However, that timespan can vary and some individuals can live longer. You can learn more about ALS on the Mayo Clinic website or through the ALS Assocation. The post Mark Cuban Makes Major Donation To Jeff Cannonball ALS GoFundMe Campaign appeared first on Wrestlezone.
Yahoo
2 days ago
- Business
- Yahoo
Mark Cuban Says AI Is the ‘Future' of Money — 4 Potential Impacts to Your Wallet
Mark Cuban is a billionaire with his hands in a lot of pots, from the TV show 'Shark Tank' (which he's leaving) to purchasing the Dallas Mavericks (before selling his majority stake) and now running his company, Cost Plus Drugs, a drug distributor and manufacturer intending to lower drug prices for Americans. Find Out: Read Next: A man with a million ideas has one tool he's putting a lot of faith in to not only help him run things, but which he feels will be the 'future' of the economy: artificial intelligence (AI). Whether you love it or hate it, AI is here to say, Cuban believes, and here are some of the ways it could affect the average American. Cuban recently told New York Magazine that 'AI is the future of all things economic for any country and every country.' What AI is already starting to do, but will do even better over time, Cuban said, is 'continuous optimization of all things that happen in every and any business.' It could potentially streamline expensive processes, software, training time and more. And for those who fear that it will take all our jobs, he said, even that will require people, which could actually create jobs. 'There's going to have to be people who understand the differences between models, people who know how to prompt to get the right answer, people who know how to prevent hallucinations. It requires a significant skill set,' he told New York Magazine. Moreover, it will lead to creativity that expands the ways AI is used, since 'there's no way any two AIs are going to give you the same output,' he said. Learn More: While he does feel there will be a learning curve where people need to become 'smarter on how to use AI,' eventually, if you know how to use it, he said, 'you can be as smart as the smartest scientist on everything that's been published and made publicly available.' This gives the average person a competitive advantage, whether that's in starting a business, learning skills that make you more competitive as an employee, or generally democratizing learning and knowledge. Cuban even believes that AI can empower people in numerous aspects of their lives, such as their own healthcare. He explained a situation where he had to have a procedure known as a heart ablation. 'I'd ask ChatGPT questions, then I'd run them through Gemini to compare the answers, then I'd check on Perplexity just in case there's something different, and then I talked to my doctor about it and tried to confirm or get their various opinions.' By having access to all that information, he felt better informed on how to talk to his doctor about his care. This could make life easier for anyone going through challenging issues, from healthcare to financial concerns. Cuban sees AI as essentially simplifying technology for people who might have felt it was out of reach. As technology changes so fast, AI can help people stay abreast of the changes and use it more effectively. 'Not everybody's got time to keep up with [technology],' he said. When he gives speeches at events, he always asks who is using ChatGPT and other AI, and he said, 'Everybody's using it, so that means everybody's seeing value.' For people who fear that AI is just going to make us less smart, Cuban isn't worried. He likened fears of students cheating with AI, for example, to how people once feared calculators would ruin math skills. People will still need to be able to 'intelligently ask the AI questions and to have the intelligence to understand whether the output is accurate and relevant,' he said. That skill set will remain uniquely human. In Cuban's worldview, all the ways that AI can simplify, make information more accessible, and streamline workflows can work in the favor of the average American in life, business and more. More From GOBankingRates 5 Types of Cars Retirees Should Stay Away From Buying These 10 Used Cars Will Last Longer Than an Average New Vehicle This article originally appeared on Mark Cuban Says AI Is the 'Future' of Money — 4 Potential Impacts to Your Wallet Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Don't underestimate the power of the 'brocast', Mark Cuban says
Mark Cuban said the value of the "brocast" shouldn't be underestimated. "Brocasts aren't republican. They are for young guys," Cuban wrote in a post on Bluesky. Cuban has been a podcast fixture for months, and recently talked about his business, Cost Plus Drugs, on one. Mark Cuban said on Monday that politicians should start paying more attention to podcast bros if they want to connect with young people. "Brocasts aren't republican. They are for young guys. If you want to connect you have to speak to them. If you want to lose by 248k votes in 7 swing states, ignore them," Cuban wrote in a post on Bluesky. Cuban is no stranger to the world of politics and podcasts. The "Shark Tank" star endorsed Vice President Kamala Harris in last year's presidential election. Cuban also hit the podcast circuit to campaign for Harris, appearing on shows like Theo Von's "This Past Weekend" and the "All-In" podcast. While Cuban made the comment in relation to elections, the power of the "brocast" is on clear display when it comes to businesses as well. Besides chatting about politics, Cuban has also gone on podcasts to talk about his business ventures. Last week, Cuban made an appearance on the "Hims House" podcast, where he discussed the origins of his low-cost online pharmacy, Cost Plus Drugs. "Going back to 2018 or 2017, being here in Texas, I had some Republican friends who were asking me questions like, 'Do you have any ideas how the Republicans can replace the ACA, Obamacare?'" Cuban said. "I'm like: 'No, but it's an interesting question. Let me see if I can come up with some ideas.' So that got me into healthcare. The ideas, you know, never got that far, but it really got me, turned me into a healthcare geek," he added. To be sure, Cuban isn't the only one who has recognized the value of podcasts in connecting with a wider audience. Business leaders like Elon Musk, Mark Zuckerberg, and Sundar Pichai have been making their rounds on the podcast circuit to talk about their companies or share their views on work and life. Last month, Zuckerberg appeared on Theo Von's podcast, where he shared his take on the value of attending college. "I'm not sure that college is preparing people for, like, the jobs that they need to have today," Zuckerberg said on the podcast. "I think there's a big issue on that, and like all the student debt issues are like really big issues." And in April, too, Melinda French Gates appeared in a podcast episode with Scott Galloway, where she talked about the criticism she's faced for her philanthropic efforts. "I'm not sitting on the sidelines. To me, it's so easy to sit on the sidelines and, as Roosevelt used to say, criticize from the sidelines. I'm in the arena doing the work," French Gates said. Cuban did not respond to a request for comment from Business Insider. Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Business Insider
20-05-2025
- Business
- Business Insider
Don't underestimate the power of the 'brocast', Mark Cuban says
Mark Cuban said on Monday that politicians should start paying more attention to podcast bros if they want to connect with young people. "Brocasts aren't republican. They are for young guys. If you want to connect you have to speak to them. If you want to lose by 248k votes in 7 swing states, ignore them," Cuban wrote in a post on Bluesky. Cuban is no stranger to the world of politics and podcasts. The "Shark Tank" star endorsed Vice President Kamala Harris in last year's presidential election. Cuban also hit the podcast circuit to campaign for Harris, appearing on shows like Theo Von's "This Past Weekend" and the "All-In" podcast. While Cuban made the comment in relation to elections, the power of the "brocast" is on clear display when it comes to businesses as well. Besides chatting about politics, Cuban has also gone on podcasts to talk about his business ventures. Last week, Cuban went on the "Hims House" podcast, where he discussed the origins of his low-cost online pharmacy, Cost Plus Drugs. "Going back to 2018 or 2017, being here in Texas, I had some Republican friends who were asking me questions like, 'Do you have any ideas how the Republicans can replace the ACA, Obamacare?'" Cuban said. "I'm like: 'No, but it's an interesting question. Let me see if I can come up with some ideas.' So that got me into healthcare. The ideas, you know, never got that far, but it really got me, turned me into a healthcare geek," he added. To be sure, Cuban isn't the only one who has recognized the value of podcasts in connecting with a wider audience. Business leaders like Elon Musk, Mark Zuckerberg, and Sundar Pichai have been making their rounds on the podcast circuit to talk about their companies or share their views on work and life. Last month, Zuckerberg appeared on Theo Von's podcast, where he shared his take on the value of attending college. "I'm not sure that college is preparing people for, like, the jobs that they need to have today," Zuckerberg said on the podcast. "I think there's a big issue on that, and like all the student debt issues are like really big issues." And in April, too, Melinda French Gates recorded a podcast episode with Scott Galloway, where she talked about the criticism she's faced for her philanthropic efforts. "I'm not sitting on the sidelines. To me, it's so easy to sit on the sidelines and, as Roosevelt used to say, criticize from the sidelines. I'm in the arena doing the work," French Gates said.
Yahoo
15-05-2025
- Health
- Yahoo
Mark Cuban says he got into pharmaceuticals because some of his Republican friends asked if he had an Obamacare alternative
Mark Cuban started his low-cost online pharmacy, Cost Plus Drugs, in 2022. Cuban said he started looking into the pharmaceutical business in 2017. He was prompted by friends in the GOP who asked him whether he had an Obamacare alternative, he said. The "Shark Tank" star Mark Cuban said his interest in the US healthcare system began after his GOP friends asked him whether he could come up with a replacement for Obamacare. "Going back to 2018 or 2017, being here in Texas, I had some Republican friends who were asking me questions like, 'Do you have any ideas how the Republicans can replace the ACA, Obamacare?'" Cuban said in an episode of the "Hims House" podcast, which aired on Tuesday. "I'm like: 'No, but it's an interesting question. Let me see if I can come up with some ideas.' So that got me into healthcare. The ideas, you know, never got that far, but it really got me, turned me into a healthcare geek," Cuban added. Cuban said his interest led him to pay for studies to find out why healthcare costs more in the US compared with countries such as Canada. "It became very obvious the more I dug in, that there was zero transparency, no transparency, and that there were a lot of vested interests that wanted opacity. They want it to be as opaque as possible so that people can't make good decisions when it comes to their healthcare," Cuban said on the podcast. Back in 2017, Cuban detailed his own plan to fix Obamacare on his blog, Blog Maverick. Cuban called for a single-payer coverage system for chronic physical or mental illness and for any life-threatening injury. "Everything not covered by the above can be covered by insurance sold on the free market, managed by the states, sold across state lines, without government interference," Cuban wrote. Later, in 2022, Cuban cofounded Mark Cuban Cost Plus Drugs Co., a low-cost online pharmacy. Unlike its competitors, Cost Plus Drugs keeps costs low by sourcing its drugs directly from manufacturers and eliminating the extra costs imposed by pharmaceutical intermediaries. Customers pay a 15% markup to Cost Plus Drugs, as well as a fixed $5 labor charge for each medication and $5 for shipping. "We are completely transparent, with the same price for anyone and everyone," Cuban told Business Insider's Hilary Brueck in a story published in August. "We believe that when all data is transparent, then the market becomes efficient. At that point, prices will drop significantly." More recently, Cuban expressed support for President Donald Trump's push to slash drug pricing and said he'd be willing to pitch in to make pharmaceuticals cheaper. "Gotta be honest. The @realDonaldTrump EO on healthcare and in particular, drug pricing could save hundreds of billions," Cuban wrote on X in April. Cuban also outlined five ways he thought drug prices could be regulated in that post. The post was a marked departure from Cuban's criticism of Trump on tariffs and other matters, as well as his strong support for then Vice President Kamala Harris' presidential run against Trump in 2024. "Put me in coach! I'm here to help," Cuban wrote on X. Cuban didn't respond to a request for comment. Read the original article on Business Insider