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MicroStrategy’s latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin
The move is part of the company’s plan to issue $21 billion of equity and $21 billion in fixed-income instruments over the next three years.MarketWatch - Jan. 6 -
UFC boss Dana White joining Meta's board of directors
Ultimate Fighting Championship (UFC) CEO and President Dana White will join Meta’s board of directors, the social media company announced Monday. White is part of a trio of new additions to the ...The Hill - Jan. 6 -
Martial arts head and Trump ally Dana White joins Meta board
Mark Zuckerberg’s move comes as Silicon Valley seeks to build bridges with the incoming presidentFinancial Times - 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 -
Meta Adds UFC's Dana White to Board
Meta said UFC President Dana White, Exor CEO John Elkann and technology investor Charlie Songhurst were elected as new members of its board of directors.The Wall Street Journal - Jan. 6 -
$119 billion of U.S. government debt to be issued this week, raising questions about demand
A total of $119 billion in U.S. government debt issuance is about to drop this week through Wednesday, pushed forward due to Thursday’s abbreviated session for bond traders as the country marks the ...MarketWatch - Jan. 6 -
Details on new videos of New Orleans attacker from Meta glasses and CCTV
The FBI has released new images showing the man behind the deadly New Year's Day terror attack in New Orleans. CBS News correspondent Omar Villafranca has more.CBS News - 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 -
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 -
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 - 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 -
Meta shuts down its AI character accounts that users called 'creepy and unnecessary'
Since late 2023, around a dozen AI Instagram and Facebook accounts created by their social media parent company Meta quietly existed on the platforms.NBC News - Jan. 3 -
Meta is killing off its own AI-powered Instagram and Facebook profiles
Instagram profile of ‘proud Black queer momma’, created by Meta, said her development team included no Black people. Meta is deleting Facebook and Instagram profiles of AI characters the company ...The Guardian - Jan. 3 -
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 - Jan. 3 -
Meta Deleted Its Controversial AI Profiles. Here’s Why.
Meta still has plans to use AI to drive engagement on its platforms, though.Inc. - Jan. 3 -
Nick Clegg leaves Meta ahead of Trump's return as US president
He will be replaced by Republican Joel Kaplan, a former White House deputy chief of staff under President Bush.BBC News - Jan. 3 -
Biden blocks Japan's Nippon Steel from $15 billion takeover of U.S. Steel
President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S.NBC News - 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 -
How Meta’s latest research proves you can use generative AI to understand user intent
By thinking about recommendation as a generative problem, you can tackle it from new angles and use LLMs to better understand user intent.VentureBeat - Jan. 3 -
Biden decides to block Nippon Steel’s $15 billion acquisition of U.S. Steel: Report
The White House is expected to announce U.S. President Joe Biden’s decision to block Nippon Steel’s $15 billion takeover bid of U.S. Steel on Friday.CNBC - Jan. 3 -
Meta Appoints Joel Kaplan to Lead Global Policy, Replacing Nick Clegg
Joel Kaplan, a former senior adviser to George W. Bush, replaces Nick Clegg, a former deputy prime minister of Britain, as Meta’s head of policy.The New York Times - Jan. 2 -
Meta Taps Republican as New Head of Global Policy
Joel Kaplan is replacing former U.K. Deputy Prime Minister Nick Clegg as Silicon Valley prepares for the second Trump administration.The Wall Street Journal - Jan. 2 -
Constellation Inks $1 Billion Nuclear Power Deal
Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.Inc. - Jan. 2 -
Nick Clegg, former UK deputy prime minister, leaves Meta
Clegg was the tech giant’s chief public policy architect when it was facing scrutiny over Cambridge Analytica scandal. Nick Clegg, Britain’s former deputy prime minister and Meta ’s current ...The Guardian - Jan. 2 -
Meta global affairs chief Clegg to be replaced by Republican Kaplan
Move comes just ahead of Donald Trump’s return to the White HouseFinancial Times - Jan. 2 -
Joel Kaplan to replace Nick Clegg as Meta global policy leader
Meta will switch up its global policy team in the new year and has appointed former George W. Bush administration official Joel Kaplan to replace Nick Clegg as the company's chief global affairs ...The Hill - Jan. 2 -
GTA 6 Could Sell 40 Million Copies And Make $3 Billion In First Year Alone
According to a research company, Grand Theft Auto VI could bring in more than $3 billion in total revenues during the first 12 months after launch. A report from Financial Times cites data from ...GameSpot - Jan. 2 -
