Latest in OpenAI struggles to price Microsoft stake in deal to become for profit company
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OpenAI Courts Trump With Vision for ‘A.I. in America’
The maker of ChatGPT hopes to spur investment from the Middle East and avoid strict regulations on the development of new technologies.The New York Times - Jan. 13 -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - Jan. 13 -
Britain seeks to build homegrown rival to OpenAI in bid to become world leader in artificial intelligence
The U.K. on Monday laid out plans to become a leader in AI, including ambitions to build a homegrown to global AI success stories like OpenAI.CNBC - Jan. 12 -
Blue Origin preps New Glenn rocket for high-stakes test flight
Blue Origin expects the New Glenn to provide a viable alternative to SpaceX's market-dominating Falcon family of rockets.CBS News - Jan. 11 -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - Jan. 11 -
Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
Constellation Energy Corp., an electricity provider whose stock has doubled over the last year on hopes it will help meet the voracious energy demand created by artificial-intelligence ...MarketWatch - Jan. 10 -
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.NBC News - Jan. 9 -
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 -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - 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 -
Google and Microsoft donate $1m each to Trump’s inaugural fund
Tech giants follow footsteps of other major companies, including Amazon, Meta, OpenAI and Uber. Google and Microsoft have donated $1m each to Donald Trump ’s inauguration fund, following in ...The Guardian - Jan. 9 -
Microsoft confirms performance-based job cuts across departments
Microsoft said it's cutting a small percentage of jobs across departments, based on performance.CNBC - 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 -
Dockworkers union, port companies reach tentative 6-year deal
Tens of thousands of dockworkers reached a tentative agreement Wednesday on a new, six-year contract with the U.S.NBC News - Jan. 9 -
President Biden Becomes a Great-Grandfather
Mr. Biden said his eldest granddaughter, Naomi, gave birth to a baby boy in California.The New York Times - Jan. 8 -
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 -
With Stakes High, Lebanese Lawmakers to Try Again to Choose a President
Despite pressure by the United States and others to elect a president in order to receive financial support, a consensus candidate has yet to emerge who can clearly end Lebanon’s political gridlock.The New York Times - Jan. 8 -
Microsoft Wants To Bring "The Best Of Xbox And Windows" To Handheld PCs
AT CES 2025, Microsoft VP of Next Generation Jason Ronald teased a refreshed user experience for Windows handheld gaming PCs: one that could combine the best aspects of its operating system and ...GameSpot - 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 -
Services index shows big jump in prices for December as companies fear tariffs
The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.CNBC - Jan. 7 -
Shutterstock and Getty Images will join to become a $3.7B visual content company
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content companyABC News - Jan. 7 -
Microsoft Says It's Time to Replace Your Old Windows 10 PC
The company is using the carrot of "new features" and the stick of "no more updates for your old PC."Wired - Jan. 7 -
Getty’s stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal
The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.MarketWatch - Jan. 7 -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - Jan. 7 -
OpenAI begins 2025 with massive hype for AGI, superintelligence
The AGI and superintelligence hype has hit a fever pitch unlike any I've seen in my 15 years writing about technology.VentureBeat - Jan. 6 -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - Jan. 6 -
It’s tough at the top – but which business leader has the most at stake in 2025?
From post and planes to TV, phones and retail chains – and even a central bank – here are the chiefs facing the most testing of times. A year is a long time in business: enough time for things to ...The Guardian - Jan. 4 -
Microsoft May Bring "All Their Big Games" To PS5, Analyst Says
According to a veteran video game industry analyst, 2025 could be the year that Microsoft goes "all-in" on bringing its Xbox games to other platforms, including PlayStation 5. Microsoft, of course, ...GameSpot - Jan. 3 -
High-stakes tests and threats to watch as UK politics heats up
After a slow start Keir Starmer must now grip both policy and polling pressures, with May elections pivotal for his opponentsFinancial Times - Jan. 3 -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - Jan. 2 -
Alibaba sells stake in Chinese hypermarket operator at steep discount
Sun Art deal is ecommerce group’s second major divestment of bricks-and-mortar assets in less than a monthFinancial Times - Jan. 2 -
Alibaba to Sell Stake in Chinese Hypermarket Operator
Alibaba Group has agreed to sell its shares in Sun Art Retail in a $1.7 billion deal, the latest divestment as part of efforts to focus on its core e-commerce business.The Wall Street Journal - Jan. 1 -
Jonas Eidevall set to become San Diego Wave head coach on three-year deal
San Diego Wave is set to hire Jonas Eidevall as its new head coach on a three-year contract, sources briefed on the deal tell . The former Arsenal head coach has been out of work since leaving the ...Yahoo Sports - Dec. 31
