Latest in Billion Loss
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The Los Angeles wildfires: Confronting the pain of loss
Sparks rode the hot breath of the Santa Ana Winds all across Los Angeles County this week, as wildfires destroyed thousands of structures, from the mountains to the ocean. Correspondent Lee Cowan ...CBS News - Jan. 12 -
Steelers see season end with fifth straight loss
Russell Wilson and the Steelers saw their season end in a 28-14 loss to the Ravens in the AFC wild-card round, the franchise's sixth straight playoff loss.ESPN - Jan. 12 -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - Jan. 10 -
EU Competition Regulator Conditionally Clears Synopsys' $35 Billion Ansys Deal
The commission said that the companies’ offer to sell two business units to a rival fully addresses its concerns.The Wall Street Journal - Jan. 10 -
L.A. wildfires have caused more than $135 billion in economic losses — and counting
Fires across Southern California are already one of the most damaging in the states history.MarketWatch - Jan. 10 -
Fox Must Face Smartmatic’s $2.7 Billion Defamation Lawsuit, Court Rules
The complaint, which arose out of Fox News’s promotion of vote-rigging conspiracy theories after the 2020 U.S. presidential election, is on track to proceed to trial.The New York Times - Jan. 9 -
A Ballerina Prized for Her Musicality Deals With Hearing Loss
Sara Mearns, the New York City Ballet principal, announced her 10-year struggle on Instagram. She tested out her new hearing aids in “The Nutcracker.”The New York Times - Jan. 9 -
Van Dijk bristles at ref's decision in Spurs loss
Liverpool defender Virgil van Dijk has questioned the referee's decision to not hand Tottenham Hotspur's Lucas Bergvall a second yellow card before the 18-year-old scored the winning goal in the ...ESPN - Jan. 9 -
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 - Jan. 8 -
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. - Jan. 8 -
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. - Jan. 8 -
No. 1 Tennessee trounced by Florida in first loss
In front of 11,011 fans in Gainesville, No. 8 Florida thumped top-ranked Tennessee 73-43 to knock off the last unbeaten team in Division I men's basketball, an authoritative performance that gave ...ESPN - Jan. 8 -
Arteta laments 'different' Cup ball in Arsenal loss
Mikel Arteta has suggested Arsenal's failure to adapt to the Carabao Cup ball was a factor in Tuesday's 2-0 semifinal, first leg defeat to Newcastle United.ESPN - Jan. 8 -
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 - Jan. 8 -
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 - Jan. 7 -
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 - Jan. 7 -
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 - Jan. 7 -
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 - Jan. 7 -
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 - Jan. 7 -
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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 -
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 - Jan. 6 -
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 - 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 -
Sonic The Hedgehog Film Franchise Races Past $1 Billion At The Box Office
Paramount Pictures has announced that the Sonic the Hedgehog film franchise has earned more than $1 billion at the global box office. The movie franchise--based on Sega's long-running video game ...GameSpot - Jan. 6 -
Maiocco's Observations: Disastrous season ends with loss to Cardinals
The San Francisco 49ers ended a disastrous 2024 NFL season on Sunday with plenty more things going horribly wrong against the Arizona Cardinals.Yahoo Sports - Jan. 6 -
Edwards nets career-high 53 in loss to Pistons
The Pistons overcame Anthony Edwards' career-high 53 points to beat the Timberwolves on Saturday night.ESPN - Jan. 5 -
Brea, Kentucky hand Florida first loss of season
Koby Brea scored 23 points and hit seven 3-pointers off the bench to lead No. 10 Kentucky over No. 6 Florida, handing the Gators their first loss of the season.ESPN - Jan. 4 -
Saracens rebound from heavy loss to beat Bristol
Saracens respond to a thumping Premiership defeat by Bath to hold off Bristol and end the Bears' record run of wins away from home.BBC News - Jan. 4 -
U.S. Plans $8 Billion Sale of Arms, Including Bombs, to Israel
The Biden administration notified Congress of a weapons package for Israel that is one of the largest new arms sales since the war in Gaza began.The Wall Street Journal - Jan. 4 -
Congress notified of planned $8 billion weapons sale to Israel
President Biden has made it clear that Israel has the right to defend its citizens as the American ally presses forward with its war against Hamas in Gaza.CBS News - Jan. 4 -
Biden administration plans $8 billion weapons sale to Israel
State Department tells Congress of a planned $8 billion weapons sale to Israel.ABC News - Jan. 4 -
State Dept. Tells Congress It Plans to Send $8 Billion in Arms to Israel
The arms transfer could be the final one the Biden administration provides to Israel. President Biden has largely ignored critics of Israel’s war in Gaza who have urged a halt to weapons aid.The New York Times - Jan. 4 -
Smart stands by 'aggressive' playcalls in CFP loss
Georgia coach Kirby Smart says he doesn't regret aggressive offensive playcalls that backfired during the Bulldogs' College Football Playoff quarterfinal loss to Notre Dame in the Sugar Bowl.ESPN - Jan. 3 -
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.The New York Times - Jan. 3 -
Constellation Inks $1 Billion Nuclear Power Deal
Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.Inc. - Jan. 2 -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - Jan. 2 -
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
