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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 -
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 - Jan. 7 -
Trump announces $20 billion foreign investment to build new U.S. data centers
Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money.CNBC - Jan. 7 -
Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers
President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in ...MarketWatch - Jan. 7 -
CFPB finalizes rule to remove estimated $49 billion in medical debt from credit reports
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ruin Americans' finances.CNBC - Jan. 7 -
Democrats still underestimate Trump
Despite his greatest political win, and arguably America’s greatest presidential recovery, Trump’s opponents continue to act as though his success is a fluke.The Hill - 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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When the blizzard hits, why are we still commuting?
As Winter Storm Blair wreaks havoc across the U.S., the lack of leadership in promoting remote work is frustrating and could have saved lives, reduced economic disruption and maintained normalcy.The Hill - Jan. 7 -
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 - Jan. 7 -
Bet365 boss takes big pay cut but still makes £158m
Denise Coates has been credited with the rapid rise of the online gambling firm.BBC News - Jan. 7 -
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 -
Sam Darnold turned into a pumpkin on Sunday. But he can still be Cinderella
The Vikings’ surprise package was one of the NFL best quarterbacks all season long until Sunday night’s stinker in Detroit. Was it an anomaly or regression to the norm?. If you were waiting this ...The Guardian - Jan. 7 -
CNBC Daily Open: The AI sector still has legs to run
Semiconductor stocks jumped on Monday, lifted by buoyant news regarding the artificial intelligence sector. The S&P and Nasdaq posted two straight days of gains.CNBC - 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 -
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 -
U.S. Steel, Nippon Steel Challenge Biden's Move to Kill $14.1 Billion Deal
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.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 -
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 - 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 -
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 - Jan. 6 -
Ghost story? Sam Darnold showed the Vikings what still haunts him
Minnesota was starting to believe that Darnold could exorcise the franchise's playoff demons. Then he had his own terrifying blast from the past.Yahoo Sports - Jan. 6 -
What the Webb telescope has discovered in a galaxy 6.5 billion light-years away
NASA's James Webb Space Telescope has captured a unique image that revealed 44 individual stars in a galaxy 6.5 billion light-years away from the Milky Way.ABC 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 -
Djokovic still has 'trauma' over Covid deportation
Novak Djokovic says he still has "trauma" when he visits Melbourne, three years after being deported because of Covid-19 rules.BBC News - Jan. 6 -
'Liverpool were flustered and rattled - but still weren't beaten'
MOTD2 pundit Alan Shearer explains why there is no need for Premier League leaders Liverpool to panic after their thrilling draw with Manchester United.BBC News - Jan. 6 -
What I Saw on Jan. 6 Still Haunts Me
Donald Trump is promising to pardon Jan. 6 rioters. But we can’t let him rewrite history.The New York Times - Jan. 5 -
Ranking the top five WRs still available in the transfer portal
Former USC standout Zachariah Branch is the top among several impactful WRs still available in the transfer portal.Yahoo Sports - Jan. 5