Divvy Homes, Once Valued at $2 Billion, Is Sold for Half That Price
The company, backed by high-flying Silicon Valley investors like Andreessen Horowitz, had promised it would reinvent the rent-to-own model and make it more consumer friendly. High interest rates and mortgage rates thwarted those plans.
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The Dodgers Won the World Series. Then They Spent Nearly Half a Billion Dollars.
It’s been 25 years since an M.L.B. team won back-to-back titles, but Los Angeles is unfazed.The New York Times - 1d -
Nearly half of toys sold under £15 as parents cut back
An "unsettled economy" is blamed for falling sales of toys for the third consecutive year.BBC News - 1d -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
Stryker to Acquire Inari Medical in Deal Valued at $4.9 Billion
Inari makes mechanical thrombectomy solutions designed to treat peripheral vascular diseases. Stryker said the deal would be complementary to its neurovascular business.The Wall Street Journal - Jan. 6 -
Nvidia’s Market Value Got a $2 Trillion Boost in the AI rally of 2024
The AI chipmaker recorded the largest market cap increase of any publicly listed company in 2024, nearly tripling in value to $3.28 trillion by the end of the year.Inc. - Jan. 2 -
Psychiatrists Discovered Doing This Just Once a Month Cuts Your Risk of Depression in Half
Looking for an easy but impactful new year’s resolution? Do this once a month in 2025 and you’ll cut your risk of depression in half.Inc. - Jan. 2
More from The New York Times
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As D.E.I. Programs Come Under Attack, Companies Like Costco and Microsoft Forge Ahead
As racial and gender equity programs come under attack, many companies have scaled back. But Costco, Microsoft and others have forged ahead.The New York Times - 35m -
Trumps Threatens Tariffs Feb. 1 on Canada, Mexico and China
The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, countries that together account for more than a third of U.S. trade.The New York Times - 1h -
How the Debt Could Hamstring Trump’s Agenda
Republicans are hunting for ways to pay for President Trump’s expensive plans while avoiding a freakout on Wall Street.The New York Times - 13h -
2 Families, in Business 50 Years, Fight for Control of Korea Zinc
Control of Korea Zinc, the world’s largest producer of zinc, is at stake in a battle challenging the country’s entrenched chaebol system of powerful conglomerates.The New York Times - 17h -
Trump Pardons Ross Ulbricht, Creator of Silk Road Drug Marketplace
Ross Ulbricht was serving a life sentence for creating a site in a shady corner of the internet to sell heroin, cocaine and other illicit substances.The New York Times - 22h
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Reddit Users Boycott X Links After Elon Musk’s Gesture at Inaugural Event
A boycott of links to Mr. Musk’s social media platform spread on Reddit this week, after he made a gesture that some likened to a Nazi salute. Others worried about censorship.The New York Times - 3m -
EA cuts outlook as growth of one of its key videogame franchises has stalled
Shares of Electronic Arts Inc. fell after hours on Wednesday after the videogame developer cut its outlook for the months ahead, following stumbles in its big soccer gaming franchise as well as in ...MarketWatch - 4m -
Microsoft's business development chief Chris Young resigns
Chris Young, who joined Microsoft in 2020, worked on the software company's investments, its OpenAI relationship and the Activision Blizzard acquisition.CNBC - 6m -
Microsoft's business development chief Chris Young resigns
Chris Young, who joined Microsoft in 2020, worked on the software company's investments, its OpenAI relationship and the Activision Blizzard acquisition.CNBC - 6m -
Trump's Energy and Border Emergencies Advance His Own Interests
Mr. Trump had the authority to declare two emergencies. But they also happened to advance his favorite targets: more fossil fuels and less immigration.The New York Times - 17m