Latest in Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
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Inside the dash to save the Getty Villa from the Palisades fire: a timeline
The Getty Villa activated its emergency operations center at 10:40 a.m. Tuesday, and within two hours, the fast-moving blaze had reached the grounds. Here's how the staff, museum and precious art ...Los Angeles Times - 1h -
Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.Inc. - 1d -
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. - 1d -
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 - 1d -
Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals
Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.The New York Times - 1d -
Getty Images, Shutterstock to Combine in $3.7 Billion Deal
Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.The Wall Street Journal - 2d -
Behind Disney’s Deal to Merge Hulu + Live TV and Fubo
The agreement ends litigation between the two companies over plans for a sports streaming service, but consumer advocates are pushing back.The New York Times - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
'Big challenge' - Potter takes charge at West Ham
West Ham appoint former Brighton and Chelsea boss Graham Potter as their new manager.BBC News - 8h -
The secret to meeting in Brussels
Postwar planning means the best restaurants are tucked away inside mundane buildingsFinancial Times - 15h -
Los Angeles fire official on the challenges crews are facing
Los Angeles Fire Capt. Erik Scott spoke to "CBS Evening News" anchor and managing editor Norah O'Donnell Wednesday about how firefighters are faring in their battle against multiple wind-driven ...CBS News - 20h -
AMD is going head-to-head with Nvidia in AI-backed drug discovery with new deal
Chip maker AMD is investing $20 million in AI drug startup Absci, which will use AMD chips and software for drug development.MarketWatch - 1d -
Ozempic maker Novo Nordisk, after trial disappointment, expands AI deal in potential $4.6 billion pact
At least four analysts weighed in on the prospects for Europe’s second-largest company, Novo Nordisk, after the Danish drugmaker reported disappointing results for its next-generation weight-loss ...MarketWatch - 1d -
Anthropic’s $60 billion valuation would obscure a stark reality in AI
Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning ...MarketWatch - 1d -
Getty Images to buy Shutterstock as part of $3.7 billion visual content expansion
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would likely draw ...NBC News - 2d -
Online holiday spending rises nearly 9%, as deals and AI-powered chatbots fuel purchases, data shows
Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases.NBC News - 2d -
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 - 2d -
In Seoul, Blinken Affirms Alliance Amid Challenges to Democracies
The U.S. secretary of state aimed to show that his country stood by South Korea as it grapples with a political crisis, and as Donald J. Trump returns to power.The New York Times - 2d -
Trump to meet with Senate Republicans on Wednesday
President-elect Trump will be on Capitol Hill on Wednesday at the invitation of Senate Republican leadership, according to three sources familiar with the invitation. GOP leaders haven’t released ...The Hill - 2d -
Trump cites tariffs in call to merge Canada, US
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump proposes 'merged' US, Canada President-elect Trump on Monday raised the ...The Hill - 2d -
U.S. Steel, Nippon Steel Challenge Biden's Move to Kill $14.1 Billion Deal
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.The Wall Street Journal - 2d -
Trump pitches 'merged' US, Canada after Trudeau resignation announcement
President-elect Trump pitched the idea of a “merged” United States and Canada after Canadian Prime Minister Justin Trudeau announced his resignation, noting there would be no tariffs if the two ...The Hill - 3d -
Disney and FuboTV to Merge Live TV Streaming Services
The deal would combine Hulu + Live with Fubo and end litigation against the Venu Sports joint streaming service.The Wall Street Journal - 3d -
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 - 3d -
The Challenge for Made-in-America Bikes? Made-in-China Parts
Two and a half years after Guardian Bikes opened a factory in Indiana, it is trying to find components manufactured in the U.S.The Wall Street Journal - 3d -
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Meet the Press – January 5, 2025
Sen. John Thune (R-S.D.), Sen. Chuck Schumer (D-N.Y.), Sen. Adam Schiff (D-Calif.), Carol Lee, Jonathan Martin, Symone Sanders Townsend and Marc ShortNBC News - 4d -
75 Hard: Is the TikTok fitness challenge really worth it?
The challenge involves forgoing alcohol and unhealthy food for 75 days and doing multiple daily workouts.BBC News - 4d -
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.CNBC - 5d -
Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months
Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.NBC News - 5d -
This Colorado Startup Is Challenging NASA in the Concorde 2.0 Race
Boom Supersonic is trying to build a quieter, 21st century supersonic jetliner.Inc. - 6d -
Johnson meets with conservatives as speakership in jeopardy
It's unclear whether House Speaker Mike Johnson has enough support to remain speaker for another term.CBS News - 6d -
Constellation Inks $1 Billion Nuclear Power Deal
Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.Inc. - 6d -
Nvidia invested $1bn in AI deals in 2024
Group emerges as crucial backer of start-ups seeking to gain from the tech revolution its chips are poweringFinancial Times - Jan. 1 -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - Jan. 1
