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Is CoreWeave’s Debut an Ill Omen for I.P.O.s?
The A.I. company is set to make its market debut on Friday amid concerns about its business model and the health of the wider economy.The New York Times - 6d -
FCC chair opens investigation into Disney and ABC for DEI practices
Federal Communications Commission Chairman Brendan Carr has opened an inquiry into Disney and ABC's DEI programs, marking the second investigation of a major media company.Los Angeles Times - 5d -
How Climate-Resilient Chickens Could Help Fight Poverty
An initiative in Zambia is showing that a profit-seeking company can help rural farmers battling extreme weather breed chickens that lay more eggs.The New York Times - 5d -
Trump Commutes Ozy Media Founder’s Sentence Just Before His Surrender
Carlos Watson, who started the now-defunct digital media company, had been sentenced to almost 10 years in prison for trying to defraud investors and lenders.The New York Times - 5d -
Nvidia turned CoreWeave into a major player in AI years before helping to save its IPO
CoreWeave has found a big market in selling Nvidia's popular AI processors, but the company has a challenging story to sell to public investors.CNBC - 4d -
23andMe bankruptcy: With America's DNA put on sale, market panic gets a new twist
Genetic testing company 23andMe's bankruptcy has led to a new consumer privacy issue: what happens to the DNA of millions of Americans when it goes on sale?CNBC - 4d -
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.CNBC - 3d -
Min Woo Lee, sister Minjee become third brother-sister duo to win on PGA Tour, LPGA
Min Woo's win helped the Lees join some exclusive company. They became the third brother-sister duo to win both a PGA Tour and LPGA event.Yahoo Sports - 3d -
Restaurant chain to shut 2,000 branches after rat found in soup
Sukiya will temporarily shut nearly all of its roughly 2,000 branches after a rat was found in a miso soup and a bug in another meal, the company said.CBS News - 3d -
Chelsea report £128m profit after selling women's team
Chelsea report a £128.4m profit in their latest financial results for the year ending June 2024, having sold their women's team to a parent company.BBC News - 2d -
Vaccine stocks fall after key FDA official resigns in protest of RFK Jr.
Shares of Moderna, Novavax and other biotech companies fell after FDA official Peter Marks's resignation in protest of Robert F. Kennedy Jr.CNBC - 2d -
CoreWeave shares slump nearly 10% in second day of trading
CoreWeave rents out access to Nvidia graphics processing units to other large tech and AI companies including Meta, IBM and Cohere.CNBC - 2d -
A Quarter-Billion Dollars for Defamation: Inside Greenpeace’s Huge Loss
A pipeline company’s lawsuit against the environmental group could chill free speech, experts said. First Amendment issues are likely to figure prominently in an appeal.The New York Times - 2d -
Do Tesla’s Woes Signal a Nearing End to DOGE?
Remarks by the president and others by Elon Musk, indicate the Tesla CEO may need to leave DOGE and focus on reversing his company’s sliding fortunes.Inc. - 2d -
Rory McIlroy joins Tiger Woods as only golfers with $100 million in career earnings on PGA Tour
Until Sunday, Tiger Woods was the only golfer in the history of the PGA Tour to surpass $100 million in career earnings. Now he has company.Yahoo Sports - 1d -
Mar 24: CBS News 24/7, 1pm ET
Federal appeals court reviewing Trump's use of Alien Enemies Act for deportation flights; Tech company aims to produce space-grown diamonds.CBS News - 1d -
As retaliatory tariffs mount, recyclers worry what goes around, comes around
Some metal recycling companies stand to benefit from Trump’s steel and aluminum duties, but they fear any boost could be blunted by foreign countermeasures.NBC News - 1d -
Trump Media filing opens door for president to sell $2B in stock
Trump's social media company filed paperwork with the Securities and Exchange commission that could allow the president's trust to sell more than $2 billion of shares.ABC News - 1d -
Nintendo Switch 2 Will Release in June With New Mario Kart
The company said Mario Kart World and Donkey Kong Bananza would be part of the early game lineup, also sharing details on the console’s technical upgrades.The New York Times - 1d -
US sanctions network helping to get weapons for Houthis
The United States sanctioned an alleged network of financial facilitators, procurement operatives and companies Wednesday that are getting weapons, dual-use materials and stolen Ukrainian grain to ...The Hill - 22h -
UFC signs wide-ranging sponsorship deal with Meta, bringing Mark Zuckerberg closer to Dana White
Meta and mixed martial arts league UFC reached a multimillion-dollar, multiple-year sponsorship deal that will span the tech company's portfolio, UFC told CNBC.CNBC - 23h -
Trump Media shares drop after warning the president's trust and other insiders could sell stock
Insiders and major stakeholders, including the Donald J. Trump Revocable Trust, can sell stock "from time to time," the company disclosed in a filing.CNBC - 21h -
Trump Media Moves to Register the President’s $2 Billion in Shares Again
President Trump’s shares of the company have been held in a trust since he won the election last year. The stock has plunged 40 percent this year.The New York Times - 23h -
Why Is Newsmax’s Stock Surging? What to Know About the Right-Wing News Channel.
Newsmax lost $55 million in the first half of last year. But its stock surged this week as shares in the company traded on the public market for the first time.The New York Times - 19h -
Futureverse teams with Story in Web3 technology deal
Futureverse, a AI and metaverse technology company, has signed a memorandum of understanding to do an intellectual property deal with Web3 firm PIP Labs.VentureBeat - 4h -
How Trump’s Tariffs Could Hobble a U.S. Battery Boom
Across the country, companies have been installing giant batteries that help them use more wind and solar power. That’s about to get much harder.The New York Times - 1h -
How Trump’s Tariffs Could Hobble a U.S. Battery Boom
Across the country, companies have been installing giant batteries that help them use more wind and solar power. That’s about to get much harder.The New York Times - 1h -
Apple Leads Tech Stock Sell-Off After Trump Tariffs, Falling 9 Percent
The company counts on the sale of devices for three-quarters of its nearly $400 billion in annual revenue, and it makes almost all of its iPhones, iPads and Macs overseas.The New York Times - 2h -
Plaid raises funding at $6 billion valuation, enabling some employees to cash out
Plaid announced a new funding round that values the fintech company at less than half of its peak price tag four years ago.CNBC - 1h -
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...ABC News - Mar. 19 -
Ocean dumping – or climate solution? An industry bets on the ocean to capture carbon
Dozens of companies and academic groups are pitching the same theory: that sinking rocks, nutrients, crop waste or seaweed in the ocean could lock away climate-warming carbon dioxide for centuries ...ABC News - Mar. 21 -
Nintendo Is Changing the Way Digital Games Work
During its Nintendo Direct event Thursday, the company revealed “Virtual Game Cards,” which will allow players to share games or play across multiple systems. It also teased Metroid Prime 4: Beyond.Wired - Mar. 27 -
Jen Salke to step down from her role at Amazon MGM Studios
Jen Salke, head of Amazon MGM Studios, will step down from her role, according to an internal email from the company. She will start her own production entity.Los Angeles Times - 6d -
Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on FridayABC News - 5d -
Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on FridayABC News - 5d -
Elon Musk Says He Has Sold X to His A.I. Start-Up xAI
The deal combined two of Mr. Musk’s companies, which have been on different trajectories. The transaction valued xAI at $80 billion and X at $33 billion, the billionaire said.The New York Times - 5d