Latest in Billion Chips
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The Budget Hawk Atop a Tech Giant's $64 Billion Spending Spree
Amy Hood is at the center of Microsoft’s bet-the-company dive into AI.Tech - The Wall Street Journal - November 1 -
Warren Buffett sitting on billions as Berkshire Hathaway sells Apple stock
Berkshire said in its earnings report Saturday that it sold off roughly another 100 million Apple shares in the third quarter after halving its massive investment in the iPhone maker last quarter.Top stories - CBS News - November 2 -
Labour challenges Badenoch to back billions for public services and tax rises
Rachel Reeves throws down budget gauntlet to new Tory chief as party’s first black leader is congratulated on win. Labour has thrown down an immediate challenge to the new Tory leader, Kemi ...World - The Guardian - November 2 -
Warren Buffett Accumulates $325 Billion in Cash While Unloading Stocks
Buffett explained that he began selling shares because he expects tax rates to go higher in the future.Business - Inc. - November 3 -
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Inside the Massive Crime Industry That’s Hacking Billion-Dollar Companies
When you download a piece of pirated software, you might also be getting a piece of infostealer malware, and entering a highly complex hacking ecosystem that’s fueling some of the biggest breaches ...Tech - Wired - November 4 -
Kroger to pay nearly $1.4 billion to settle opioid lawsuit claims
Supermarket chain Kroger has finalized a nearly $1.4 billion agreement to settle the majority of the claims made by states, counties and Native American tribes that accused the company of helping ...Politics - The Hill - November 4 -
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Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash
Are you an international business titan on the hunt for billions of dollars of Saudi oil cash? Prepare for “a mind game.”Business - The New York Times - November 5 -
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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 -
After Hurricanes, Duke Energy Estimates $2.9 Billion in Restoration Costs
After hurricanes Debby, Milton and Helene, a leading energy producer in the South puts a price tag on replacing lost equipment and turning the lights back on in affected areas.Business - Inc. - November 7 -
Spain's catastrophic floods: At least 219 dead and billions in damage
Spain’s catastrophic floods have left behind staggering devastation and despairWorld - ABC News - November 7 -
How Samsung fell behind in the AI boom leading to a $126 billion wipeout
Samsung Electronics has fallen behind long-time rival SK Hynix in the area of high-bandwith memory.Business - CNBC - November 8 -
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 -
Hurricanes, storms cost US $500 billion this year: Analysis
Hurricanes and tropical storms have caused economic losses of nearly $500 billion as they have ravaged the country this year, according to analysis by AccuWeather. Experts estimated that the ...Politics - The Hill - November 8 -
Philadelphia Phillies capital raise values the team at around $3 billion
The Philadelphia Phillies recently raised close to $500 million in capital from three new investors, according to two people familiar with the deal.Business - CNBC - November 8 -
The final price tag on 2024 political advertising: Almost $11 billion
The total bill for ad spending in the 2024 election hit almost $11 billion, a new record and a substantial increase from the $9 billion spent in 2020.Politics - NBC News - November 8 -
Billions were bet on election odds using online markets
Election betting platforms brought in billions of dollars as users wagered on who would win Tuesday’s U.S. presidential election.Top stories - NBC News - November 9 -
DNC official calls Harris campaign a '$1 billion disaster'
Democratic National Committee (DNC) official Lindy Li called Vice President Harris’s bid for the White House a “$1 billion disaster” following her loss to President-elect Trump in the 2024 ...Politics - The Hill - November 9 -
The big-money battle to host an F1 race is heating up
To continue growing, F1 will need to tread a narrow line between the sport's new audience and its core motor racing fans.Business - CNBC - November 11 -
Brussels to free up billions of euros for defence and security from EU budget
Policy shift will allow the bloc’s capitals to redirect ‘cohesion funds’ amid Ukraine conflict and Trump victoryBusiness - Financial Times - November 11 -
Motorists who bought cars on finance could share in billions
The car finance industry is setting aside billions to pay for potential claims after a test case.Top stories - BBC News - November 12 -
Mobile gaming is expected to generate $98.7 billion in revenue globally | Xsolla
Mobile gaming is expected to generate $98.7 billion in revenue globally this year, with Asia leading the market at $65 billion.Tech - VentureBeat - November 12
