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OpenAI funding round could be cut by $10 billion if for-profit conversion doesn't occur by year-end
If OpenAI doesn't restructure into an independent for-profit company by Dec. 31, its mega-financing round could be slashed by $10 billion.CNBC - 2d -
Federal funding cuts are raising questions about university endowments. Here's what some are worth and how they work
Columbia is one of the richest universities with a $14.8 billion endowment. Still, covering federal funding cuts isn't as simple as smashing a piggy bank.CNBC - 2d -
Trump Administration Abruptly Cuts Billions From State Health Services
States have been told that they can no longer use grants that were funding infectious disease management and addiction services.The New York Times - Mar. 27 -
Trump Administration Demands Additional Cuts at C.D.C.
In addition to reductions in agency personnel, federal regulators are demanding $2.9 billion in contract cancellations.The New York Times - 1h -
Canadians pull back on U.S. trips, threatening to widen United States' $50 billion travel deficit
Some carriers are cutting back U.S. flights from Canada due to weaker demand.CNBC - 5d -
OpenAI funding round could be cut by $10B if for-profit conversion doesn't occur by year-end
OpenAI’s massive private funding round could be slashed by as much as $10 billion if the company doesn’t restructure into a for-profit entity by Dec.NBC News - 2d -
An AI 'gold rush.' What to know about OpenAI's record $40-billion funding round
The latest $40-billion investment round will bring the ChatGPT's valuation to $300 billion.Los Angeles Times - 1d -
Alphabet to buy cybersecurity startup Wiz for $32 billion
Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billionABC News - Mar. 18 -
Ashton Hall’s Unconventional Morning Routine Has Drawn Nearly a Billion Views
Ashton Hall’s unconventional morning routine has drawn close to a billion views, and scores of copycat videos.The New York Times - Mar. 25 -
Musk’s xAI Buys Social Media Platform X for $45 Billion
Elon Musk said on X that ‘xAI and X’s futures are intertwined.’ He bought Twitter for $44 billion in 2022.Inc. - 5d -
To Secure $40 Billion, OpenAI Must Complete For-Profit Transition by End-Year
SoftBank can reduce funding to $20 billion if OpenAI fails to fully transition by the deadline.Inc. - 4d -
Eight Watch Brands Now Sell $1 Billion a Year
There now are eight brands selling more than $1 billion each year. Experts say it means big brands are getting bigger and their products are getting pricier.The New York Times - 3d -
OpenAI closes $40 billion funding round, largest private tech deal on record
OpenAI on Monday announced the close of its $40 billion financing, the most money raised in a single round by a private tech company.CNBC - 2d -
Timberwolves sale: Marc Lore, Alex Rodriguez get ownership for $1.5 billion as Glen Taylor settles dispute
The $1.5 billion price tag is far below what other teams have sold for in recent yearsCBS Sports - 22h -
DOGE Was Created to Save the Government Money. It May End Up Costing Billions Instead
DOGE reports it has saved $130 billion, but between lost tax income and severance costs, the unit may wind up costing the U.S.Inc. - 5d -
Experts say US weather forecasts will worsen as DOGE cuts balloon launches
With massive job cuts, the National Weather Service is reducing vital weather balloon launches in eight northern locationsABC News - Mar. 22 -
Widespread job cuts begin at health agencies
Layoffs began widely Tuesday morning at the Department of Health and Human Services as the agency sets out to cut some 10,000 full-time jobs as the Trump administration works to drastically shrink ...NBC News - 2d -
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 -
US gives initial approval for Qatar to purchase MQ-9 armed drones for nearly $2 billion
The United States has given an initial approval for the energy-rich Mideast nation of Qatar to buy eight armed MQ-9B Predator drones for its military, an estimated purchase worth nearly $2 billionABC News - Mar. 27 -
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 -
The NHL and Rogers agree on 12-year, $7.7 US billion media rights deal in Canada, AP source says
The NHL has reached an agreement with Rogers Communications on a 12-year, $7.7 US billion media rights agreement in Canada, according to a person familiar with the deal. The contract is the latest ...Yahoo Sports - 2d -
Trump's aid cuts may be delaying U.S. response to Myanmar quake
The U.S. is largely absent from the international response to a devastating earthquake in Myanmar amid President Donald Trump's deep cuts to foreign aid.NBC News - 3d -
Doolan puts Thistle exit down to cuts & lack of signings
Kris Doolan believes budget cuts and a failure by the club to strengthen in January were key factors that led to his sacking as Partick Thistle manager.Yahoo Sports - 2d -
Senate Republicans release budget blueprint with new tax cuts and a $5 trillion debt limit hike
Senate Republicans released a new budget blueprint Wednesday that would pave the way for $1.5 trillion in new tax cuts in addition to making President Donald Trump’s 2017 tax cuts permanent.NBC News - 18h -
Radio Free Europe sues over U.S. funding cuts | 60 Minutes
Radio Free Europe, which has been a vital tool in the fight against disinformation and authoritarianism, filed a lawsuit after President Trump moved to cut funding to U.S. government-run broadcasters.CBS News - 2d -
Senate Democrat will block Trump’s VA nominees to protest cuts
Sen. Ruben Gallego (D-Ariz.) says he will put a hold on President Trump’s nominees to lead the Department of Veterans Affairs to protest cuts at the agency that provides lifelong healthcare ...The Hill - 2d -
How HHS job cuts will impact how government handles disease prevention
The Trump administration carried out mass layoffs across the Department of Health and Human Services aiming to cut around 10,000 full-time jobs. NBC News’ Gabe Gutierrez details how this could ...NBC News - 1d -
Dozens of free measles vaccine clinics close in Texas as federal funding is cut
As Texas measles outbreak continues, federal funding cuts have forced public health officials in Dallas to cancel dozens of vaccination clinics and lay off 21 workers.NBC News - 1d -
Trump administration cuts 10,000 HHS jobs to downsize bureaucracy
In an effort to cut spending, the Trump administration laid off 10,000 federal workers from the Department of Health and Human Services. Meanwhile, in a symbolic move, Democratic Senator Cory ...NBC News - 1d -
Senate Republicans eye budget resolution vote this week with reduced spending cuts
Senate Republicans are hoping to vote on a budget resolution this week that would pave the way for President Trump’s “big, beautiful bill” encompassing tax cuts, border security and energy ...The Hill - 22h -
All staff cut at federal HHS energy affordability office
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story All staff cut at federal HHS energy affordability office The Department of Health and Human ...The Hill - 14h -
Cutting Off NPR and PBS
Republicans say there is no reason for the government to fund the public broadcasters.The New York Times - 1d -
OpenAI Closes Deal That Values Company at $300 Billion
The start-up’s valuation, which has nearly doubled in six months, shows continued enthusiasm for A.I. among investors.The New York Times - 2d -
Trump Administration Will Review Billions in Funding for Harvard
The move follows the cancellation of roughly $400 million in funding for Columbia and the suspension of $175 million for the University of Pennsylvania.The New York Times - 2d -
Elon Musk says backlash against his DOGE government cuts is hurting Tesla stock
Shares of Tesla entered Monday down more than 34% year to date, and the stock has been cut nearly in half from its peak in December.CNBC - 2d -
Supreme Court weighs whether states can cut off Medicaid funding to Planned Parenthood
The Supreme Court will hear arguments in a South Carolina case over whether states can cut off Medicaid funding to Planned ParenthoodABC News - 2d
