ByteDance Valuation Hits $300 Billion Amid Possible U.S. TikTok Ban

ByteDance, owner of TikTok, has placed its own value at this figure.

Business - Inc. - 8 hours ago

Founder of TikTok owner ByteDance jumps to top of China’s rich list as number of billionaires shrinks

Zhang Yiming, the founder of TikTok owner ByteDance, is China’s richest person, with personal wealth of $49.3 billion, an annual rich list showed Tuesday.

Perplexity AI Hopes to Double Its Valuation to $8 Billion

The Jeff Bezos-backed AI company is looking to raise around $500 million in its new funding round.

Business - Inc. - October 20

Perplexity AI seeks valuation of about $9 billion in new funding round

Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.

Business - CNBC - October 21

Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation

Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.

Business - CNBC - October 28

AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round

The artificial intelligence search company is raising $500 million in its fourth funding round this year.

Tech - The Wall Street Journal - November 5

Can Trump Stop the TikTok Ban?

TikTok is still facing a potential ban, starting in 2025. Here’s where things stand and what could happen next as Trump takes office.

Business - Inc. - 2 days ago

FAA bans U.S.-Haiti flights over gang violence, gunfire hitting planes

The Federal Aviation Administration temporarily banned U.S.-Haiti flights for 30 days after planes coming from Florida and New York were struck by gunfire in Port-au-Prince. Christopher ...

Disruption possible amid yellow wind warning for Sunday

The Met Office has issued a yellow weather warning for wind from 03:00 BST on Sunday until noon on Monday.

Sports - Yahoo Sports - October 18

TikTok influencer Loren Gray on the challenges of living in a 300-year-old house with spiders

Gray says the Pennsylvania property has no built-in closets, leaving her to take drastic measures to find space for her collection of shoes and clothing.

Business - MarketWatch - 3 days ago

Berkshire Hathaway's cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks

The Omaha, Nebraska-based conglomerate saw its cash fortress swell to a record $325.2 billion by the end of September.

Business - CNBC - November 4

Americans spend $300 billion a year on gift cards. Why some experts say they should stop.

“Gift cards are a good idea for everybody but the person who receives them.”

Business - MarketWatch - 3 days ago

AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion

The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.

Tech - The Wall Street Journal - October 20

OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round

Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.

Business - Inc. - October 29

Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation

Amazon's Jeff Bezos and OpenAI invested in Physical Intelligence, a robot startup that raised $400 million at a $2.4 billion post-money valuation.

Business - CNBC - November 4

DevRev raises $100.8 million in Series A funding and becomes an AI unicorn at a $1.15 billion valuation

Following its successful Series A funding, DevRev drives forward its mission to revolutionize customer support and product development.

Tech - VentureBeat - November 1

Perplexity AI in final stages of raising $500 million round at $9 billion valuation

Perplexity AI is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.

Business - CNBC - November 5

Pogba's Juventus contract terminated amid ban

Paul Pogba will leave Juventus after the Serie A club confirmed the termination of his contract by mutual consent on Friday.

Sports - ESPN - 9 hours ago

China has increased military flights near Taiwan by 300%, U.S. general says

Gen. Kevin Schneider, a top US commander in the region, told NBC News that Chinese military flights have increased dramatically since Taiwan’s new president took office in May.

Politics - NBC News - November 8

Can Trump Prevent a TikTok Ban? His Team Says ‘He Will Deliver’

When asked about whether President-elect Donald Trump would prevent a TikTok ban in the United States, a spokeswoman told The New York Times: “He will deliver.”

Business - The New York Times - 4 days ago

Trump may try to reverse TikTok ban. Here's how he could.

The ban is set to go into effect on Jan. 19, a day before Trump's inauguration.

Business Owners in Disaster-Hit Areas Should Watch Out for Possible Scams

Widespread relief efforts will help storm-ravaged regions recover, but fraudsters are also in the mix, warn federal agencies.

Business - Inc. - October 23

Swarm of tornadoes slams into Oklahoma City area

An emergency tornado warning was in effect on the University of Oklahoma's Norman campus, officials said.

Biden announces $3 billion investment in U.S. ports

President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.

Europe Urges Trump to Support Ukraine but Braces for Possible Cut in U.S. Aid

European leaders have discussed how to help Ukraine fend off Russia without Washington’s support, even as they try to convince the president-elect not to cut aid to Kyiv.

World - The Wall Street Journal - November 8

Boeing Will Sell $19 Billion in Stock Amid Costly Strike

The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.

Business - The New York Times - October 29

Trump's wealth slumps by $1.9 billion amid DJT stock plunge

Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.

Niger junta bans French aid group amid tensions with France

Niger’s military junta has banned the French aid group Agency for Technical Cooperation and Development, or Acted, from working in the country amid tensions with France

World - ABC News - 3 days ago

Trump victory may provide TikTok a lifeline to remain in the U.S.

Donald Trump's election victory may provide a lifeline for TikTok, which faces a potential U.S. ban in January if not divested from parent company ByteDance.

Business - CNBC - 3 days ago

Trump victory may give TikTok a lifeline to remain in the U.S.

President-elect Donald Trump’s return to the White House could provide a lifeline for TikTok, after he expressed opposition to an effective U.S. ban.

Diontae Johnson admits frustration amid Panthers' struggles: Top possible landing spots for WR; Chiefs option?

Johnson, who left the Steelers for Carolina this summer, is a free agent after this season

Sports - CBS Sports - October 21

Middle East crisis live: protests in Israel after Benjamin Netanyahu sacks defence minister

Crowds reportedly clash with police outside Israeli prime minister’s home after he sacks Yoav Gallant. Al Jazeera reports that the death toll from an Israeli strike on tents housing displaced ...

World - The Guardian - November 6

This $4 Billion Mall Deal Could Hit Retailers With Higher Rents

The giant private equity firm Blackstone bought a shopping center landlord, and rents at strip- and mini-malls will likely climb, hitting grocers, pharmacies, and retailers in urban areas.

Business - Inc. - November 8

Robert F. Kennedy Jr.’s Billion-Dollar Hit to Big Pharma

Donald Trump’s choice to run the Department of Health and Human Services spooked investors who worry what Kennedy would do.

Business - The New York Times - Yesterday

Mexico Signals It Could Hit Back With Tariffs at U.S.

Could a tariff war erupt between the United States and Mexico? A top Mexican official said his country might retaliate if the Trump administration placed steep tariffs on Mexico.

Business - The New York Times - 4 days ago

Man United coach Fletcher hit with 3-game ban

Manchester United first-team coach Darren Fletcher has been given a three-match extended touchline ban for confronting the match officials during last month's 2-1 win at home against Brentford, the ...

Sports - ESPN - November 8

Latest in ByteDance Valuation Hits $300 Billion Amid Possible U.S. TikTok Ban