Latest in Billion Company Pushes
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Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - 10h -
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. - 14h -
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. - 14h -
Bitcoin Is Luring More Companies and Their Cash
It is a sharp pivot away from the cautious approach of the traditional corporate treasury, normally charged with safeguarding cash rather than chasing higher returns.The New York Times - 15h -
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 - 1d -
Pentagon Labels More Chinese Companies as Military in Nature
Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.The Wall Street Journal - 1d -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - 2d -
Phillips 66 to Buy EPIC NGL for $2.2 Billion
Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.The Wall Street Journal - 2d -
Santos’s sentencing pushed back until April
Former Rep. George Santos's (R-N.Y.) sentencing is delayed until April, a judge ruled Wednesday. Santos, who was ousted from Congress in late 2023, had his request to delay sentencing in part ...The Hill - 10h -
Companies decline to drill in Alaska wildlife refuge
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story Companies decline to drill in Alaska wildlife refuge Alaska on Wednesday sued the Biden ...The Hill - 11h -
Car companies have an infuriating software problem
Managing smooth updates is becoming ever more important with the spread of EVs and more sophisticated systemsFinancial Times - 1d -
House of Huawei — inside China’s ‘most powerful company’
Eva Dou’s authoritative account of the secretive tech company that has become a flashpoint in US-China relationsFinancial Times - 1d -
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Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - 1d -
Germany pushes for EU to ease sanctions on Syria
Berlin circulates proposals for relief on curbs in exchange for reforms from new leadership in DamascusFinancial Times - 1d -
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.CBS News - 1d -
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 - 1d -
McDonald's is the latest company to roll back diversity goals
Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices, citing a U.S.NBC News - 2d -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday.NBC News - 2d -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice left the company at the end of 2024 after 3½ years in the role.CNBC - 2d -
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Republicans try to exploit New Orleans attack to push through Trump agenda
Trump loyalists make baseless link between attack and US border and say cabinet nominees must be urgently ratified. Republicans in the US Senate are attempting to exploit the New Year’s Day attack ...The Guardian - 3d -
Amazon’s satellite project pushes ahead with UK broadband plans
Filings show Kuiper initiative held meetings with MoD as tech group bids to rival StarlinkFinancial Times - 3d -
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Bipartisan lawmakers renew push for legislation supporting Georgia against Russian interference
Republican and Democratic lawmakers are renewing efforts to pass legislation supporting Georgia, touting it as one of the best and first examples of bipartisan unity of the new Congress. Reps. Joe ...The Hill - 5d -
How to Build a Company Culture Employees Will Love
Inc. 5000 founders share hard-won lessons on fostering genuine connection and building a culture every employee will embrace.Inc. - 5d -
Facebook and Instagram Ads Push Gun Silencers Disguised as Car Parts
A network of Facebook pages has been advertising “fuel filters” that are actually meant to be used as silencers, which are heavily regulated by US law. Even US military officials are concerned.Wired - 5d -
Bereaved whale spotted pushing another dead calf
A whale that famously pushed its calf's dead body for 17 days in 2018 appears to be grieving again.BBC News - 6d -
Constellation Inks $1 Billion Nuclear Power Deal
Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.Inc. - 6d -
Trump uses New Orleans attack to push security and border agenda
President-elect blames US military veteran’s alleged terror act on Biden’s immigration policyFinancial Times - 6d -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - 6d -
Nominate a company for CNBC's 2025 Disruptor 50 list
CNBC is now accepting nominations for the 2025 Disruptor 50 list — our annual look at the most innovative venture-backed companies.CNBC - 6d -
Merz pushes for EU free trade deal with Trump’s US
German conservative leader predicted to be next chancellor rejects retaliatory tariffsFinancial Times - 6d -
How marketing pushed these three indie films into box office hits
Despite major obstacles, some indie films thrived this year. Yes, they were artistically accomplished, but inventive ad campaigns also helped draw in crowds.Los Angeles Times - 6d -
Republican-run states see opportunity to push extreme policies under Trump
Emboldened red states could advocate for rightwing reforms from steep tax cuts to slashes to education. Republican state lawmakers and conservative leaders around the United States see Donald ...The Guardian - Jan. 1 -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - Jan. 1 -
Business trends, risks and companies to watch in 2025
Will private credit reap benefits from deregulation, can the tech bubble keep inflating and will EV sales start to rise again?Financial Times - Jan. 1 -
Scopely scores a billion downloads and $10B in revenue to date
Scopely announced several key milestones achieved to date: $10 billion in lifetime revenue for its mobile games and a billion downloads.VentureBeat - Dec. 30