OpenAI struggles to price Microsoft stake in deal to become for-profit company
ChatGPT maker in complex talks over splitting from its non-profit arm in move opposed by Elon Musk
Read more at Financial Times
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Twilio stock surges after company issues optimistic 2027 profit forecast
Twilio wants to grow in conversational artificial intelligence while also becoming more profitable.CNBC - 10h -
Microsoft loses status as OpenAI's exclusive cloud provider
Microsoft won't be the sole cloud provider for OpenAI but can decide whether to deliver the capacity or allow another company to do it.CNBC - 1d -
Microsoft raises price of consumer version of Microsoft 365 for first time in 12 years
In a blog post Thursday, Microsoft said it's increasing the price of its Microsoft 365 bundle for consumers by $3 a month.CNBC - Jan. 16 -
Microsoft’s new rStar-Math technique upgrades small models to outperform OpenAI’s o1-preview at math problems
Phi-4 and an rStar-Math paper suggest that compact, specialized models can provide powerful alternatives to the industry’s largest systems.VentureBeat - Jan. 9 -
Musk calls on California and Delaware to force auction of OpenAI stake
Latest salvo in legal battle over ChatGPT-maker’s restructuring as a for-profit companyFinancial Times - Jan. 9 -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - Jan. 9 -
As Bitcoin Booms, More and More Companies Are Taking a Stake
Businesses that have nothing to do with crypto still see BTC as a hedge against inflation or a way to entice investors.Inc. - Jan. 8 -
FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.MarketWatch - Jan. 8
More from Financial Times
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Wall Street will stymie Trump’s US oil surge plan, say shale bosses
Output set to rise more slowly under new president than during Joe Biden’s termFinancial Times - 3h -
A shale boom is not Trump’s gift to give
What inhibits the flow of oil is not red tape, but low prices that fail to cover costs and pay dividendsFinancial Times - 3h -
US stocks at most expensive relative to bonds since dotcom era
Tech-fuelled equity rally throws up red flag on ‘Fed model’ for comparing valuationsFinancial Times - 3h -
Gen Z Americans are leaving their European cousins in the dust
Millennials across the west were united in their economic malaise. Their successors not so muchFinancial Times - 3h -
Trump is becoming the technoking of America
The president is surrounded by the leaders of the richest and most powerful companies in history — but their dominance may yet be checkedFinancial Times - 3h
More in Business
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Burberry shares jump 14% after better-than-expected quarterly sales
Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh efforts to revamp the beleaguered British fashion house.CNBC - 20m -
Trump is searching for potential TikTok buyers — who are the likely contenders?
After stepping in to restore TikTok in the U.S. and delaying a law that would effectively ban the app, Trump is looking for avenues to keep the popular platform afloat.CNBC - 21m -
Trump praises President Xi, says he looks forward to 'getting along with China'
During his campaign trail, Trump had floated imposing tariffs upward of 60% on Chinese goods.CNBC - 2h -
Business leaders can no longer ignore the 'north-south' climate divide, top UN official warns
The head of U.N. Global Compact spoke about the growing "chasm" between the global north and south over climate finance and adaptation.CNBC - 2h -
Charles Phan, Whose Slanted Door Elevated Vietnamese Food, Dies at 62
A culinary star familiar on TV, he married local ingredients with the food he grew up on in running an acclaimed San Francisco restaurant and its offshoots.The New York Times - 3h