Latest in OpenAI struggles to price Microsoft stake in deal to become for profit company
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Annual ‘winners’ for most egregious US healthcare profiteering announced
Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples. The 2024 “winners” of the annual Shkreli awards , given each year to perpetrators ...The Guardian - Jan. 7 -
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 -
Italian village forbids residents from becoming ill
The mayor of Belcastro said the "humorous provocation" was an attempt to expose the state of the region's healthcare system.BBC News - 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 -
‘Virtual employees’ could join workforce as soon as this year, OpenAI boss says
Sam Altman says tools that carry out jobs autonomously, known as AI agents, could transform business output. Virtual employees could join workforces this year and transform how companies work, ...The Guardian - 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 -
NYC becomes 1st city in US with congestion charge
New York City has officially become the first city in the country to implement a congestion charge for any vehicle entering the middle of Manhattan. The tax has been in effect for decades in other ...NBC News - Jan. 5 -
Congestion pricing is a New York idea.
A Columbia University economist, William Vickrey, proposed charging varying tolls for roads and subways in the 1950s.The New York Times - Jan. 5 -
N.Y.C. Congestion Pricing Begins on Sunday
After twists and turns, a contentious plan meant to reduce traffic and pay for transit improvements is scheduled to take effect at midnight Sunday.The New York Times - Jan. 4 -
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 -
Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - Jan. 4 -
FAA Head Says Boeing Must Put Culture of Safety Above Profits
A year after the midair blowout of a 737-MAX door panel sent the company in a downward spiral, federal aviation chief Mike Whitaker said the planemaker still has work to do to ensure its jetliners ...Inc. - Jan. 3 -
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 -
Scott becomes longest-serving Black senator
Sen. Tim Scott (R-S.C.) has become the longest-serving Black senator in U.S. history, as the 119th Congress begins on Friday. Scott was appointed to the Senate in 2012 by then-Gov. Nikki Haley (R) ...The Hill - 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 -
In a Political Year, Some Deaths Spoke to the Struggles for Democracy
Among the notable figures who died in a sometimes polarizing 2024, many championed justice, equal rights and political freedom.The New York Times - Jan. 3 -
Content Creators Worry OpenAI Won’t Release a Tool That Promised to Protect Their IP
OpenAI said it would make it easy for content creators to prevent their material from being used to train AI, but it hasn’t yet delivered.Inc. - Jan. 2 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
Can France become a global AI powerhouse?
Momentum has been slowing but the country boasts enviable technical skills and a burgeoning entrepreneurial cultureFinancial Times - Jan. 2 -
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 -
How did Scotland become a Hollywood hotspot?
From superhero blockbusters to romantic comedies, Scotland has become an increasingly familiar filming location.BBC News - 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 -
The struggle to reunite children with families in war-torn Gaza
An estimated 17,000 children are unaccompanied or separated from family who would ordinarily care for them.BBC News - 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