Latest in Billion Bytedance
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An AI 'gold rush.' What to know about OpenAI's record $40-billion funding round
The latest $40-billion investment round will bring the ChatGPT's valuation to $300 billion.Los Angeles Times - 1d -
Alphabet to buy cybersecurity startup Wiz for $32 billion
Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billionABC News - Mar. 18 -
Ashton Hall’s Unconventional Morning Routine Has Drawn Nearly a Billion Views
Ashton Hall’s unconventional morning routine has drawn close to a billion views, and scores of copycat videos.The New York Times - Mar. 25 -
Musk’s xAI Buys Social Media Platform X for $45 Billion
Elon Musk said on X that ‘xAI and X’s futures are intertwined.’ He bought Twitter for $44 billion in 2022.Inc. - 6d -
To Secure $40 Billion, OpenAI Must Complete For-Profit Transition by End-Year
SoftBank can reduce funding to $20 billion if OpenAI fails to fully transition by the deadline.Inc. - 5d -
Eight Watch Brands Now Sell $1 Billion a Year
There now are eight brands selling more than $1 billion each year. Experts say it means big brands are getting bigger and their products are getting pricier.The New York Times - 3d -
OpenAI funding round could be cut by $10 billion if for-profit conversion doesn't occur by year-end
If OpenAI doesn't restructure into an independent for-profit company by Dec. 31, its mega-financing round could be slashed by $10 billion.CNBC - 3d -
OpenAI closes $40 billion funding round, largest private tech deal on record
OpenAI on Monday announced the close of its $40 billion financing, the most money raised in a single round by a private tech company.CNBC - 2d -
Timberwolves sale: Marc Lore, Alex Rodriguez get ownership for $1.5 billion as Glen Taylor settles dispute
The $1.5 billion price tag is far below what other teams have sold for in recent yearsCBS Sports - 1d -
DOGE Was Created to Save the Government Money. It May End Up Costing Billions Instead
DOGE reports it has saved $130 billion, but between lost tax income and severance costs, the unit may wind up costing the U.S.Inc. - 5d -
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...ABC News - Mar. 19 -
US gives initial approval for Qatar to purchase MQ-9 armed drones for nearly $2 billion
The United States has given an initial approval for the energy-rich Mideast nation of Qatar to buy eight armed MQ-9B Predator drones for its military, an estimated purchase worth nearly $2 billionABC News - Mar. 27 -
Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on FridayABC News - 5d -
The NHL and Rogers agree on 12-year, $7.7 US billion media rights deal in Canada, AP source says
The NHL has reached an agreement with Rogers Communications on a 12-year, $7.7 US billion media rights agreement in Canada, according to a person familiar with the deal. The contract is the latest ...Yahoo Sports - 3d -
Federal judge temporarily pauses RFK Jr. effort to rescind billions of public health funds
A federal judge granted a temporary restraining order Thursday that stops the Trump administration from pulling back more than $11 billion in public health funding from state and local health ...The Hill - 1h -
White House close to approving sale of TikTok’s US unit to investors
Blackstone and Andreessen Horowitz among firms that would wrest control of social media site from China’s ByteDanceFinancial Times - 1d -
Amazon tells White House it's interested in buying TikTok
Amazon has expressed interest in buying TikTok ahead of deadline for ByteDance to sell the social media app or face a U.S. ban.CBS News - 2h -
OpenAI Closes Deal That Values Company at $300 Billion
The start-up’s valuation, which has nearly doubled in six months, shows continued enthusiasm for A.I. among investors.The New York Times - 2d -
Trump Administration Will Review Billions in Funding for Harvard
The move follows the cancellation of roughly $400 million in funding for Columbia and the suspension of $175 million for the University of Pennsylvania.The New York Times - 2d -
Blackstone Considers Small Investment in TikTok
The private equity giant is considering investing as the video app works to follow a law that requires it to separate from its Chinese owner, ByteDance, by next week.The New York Times - 5d -
Andreessen Horowitz in talks to help buy out TikTok’s Chinese owners
Venture capital group could join last-gasp bid by allies of Donald Trump to take control of video app owned by ByteDanceFinancial Times - 2d -
Trump Administration Abruptly Cuts Billions From State Health Services
States have been told that they can no longer use grants that were funding infectious disease management and addiction services.The New York Times - Mar. 27 -
SpaceX Faces Fresh Competition for $5.6 Billion in Government Contracts
Rocket Lab and startup Stoke Space were selected to compete for Department of Defense contracts through 2029.Inc. - 6d -
Real Estate Fund Exceeds $2.5 Billion for Affordable Housing
The size of the fund, which is run by the Vistria Group, highlights how investors see an opportunity to address the nation’s housing crisis.The New York Times - 3d -
A Quarter-Billion Dollars for Defamation: Inside Greenpeace’s Huge Loss
A pipeline company’s lawsuit against the environmental group could chill free speech, experts said. First Amendment issues are likely to figure prominently in an appeal.The New York Times - 3d -
Professors Pushed Harvard to Resist Trump. Now Billions Are on the Line.
Harvard, the wealthiest school in the world, sought compromise amid pressure to do more to combat antisemitism. The Trump administration is examining its funding anyway.The New York Times - 2d -
Trump Media Moves to Register the President’s $2 Billion in Shares Again
President Trump’s shares of the company have been held in a trust since he won the election last year. The stock has plunged 40 percent this year.The New York Times - 1d -
Judge Blocks H.H.S. From Terminating $11 Billion in Public Health Grants
A coalition of states sued over the Trump administration’s unexpected move to cut off the funds, which they said imperiled everything from childhood vaccination programs to opioid addiction treatment.The New York Times - 37m -
Trump to consider final proposal on TikTok future as US ban deadline looms
Owner ByteDance required to find non-Chinese buyer for video app’s American operations by Saturday. Donald Trump is preparing to consider a final proposal to decide the future of TikTok before a ...The Guardian - 1d -
Biggest cost from Trump’s tariffs is uncertainty for Asian carmakers
Companies forced to make billion-dollar bets in face of unpredictable politicsFinancial Times - 2d -
Report: Tariffs won't impact Lions
The new expansion of tariffs is expected to cost automakers like Ford billions of dollars.Yahoo Sports - 4h -
Tariffs will likely raise much less money than White House projects, economists say
White House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that's nearly impossible.CNBC - 1d -
Canadians pull back on U.S. trips, threatening to widen United States' $50 billion travel deficit
Some carriers are cutting back U.S. flights from Canada due to weaker demand.CNBC - 5d -
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.CNBC - 4d -
The NHL and Rogers reportedly agree on 12-year, $7.7 US billion media rights deal in Canada
The contract is the latest source of revenue for the league as the salary cap continues to climb.Yahoo Sports - 2d -
Plaid raises funding at $6 billion valuation, enabling some employees to cash out
Plaid announced a new funding round that values the fintech company at less than half of its peak price tag four years ago.CNBC - 7h
