Latest in Funding Challenges
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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 - 3h -
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 - 4h -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - 5h -
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 - 6h -
Puma challenges Tiger Woods' Sun Day Red logo
The German sneaker and apparel company says the Sun Day Red logo is too similar to the logo that Puma has been using since 1969.CNBC - 9h -
Hims & Hers donates $1 million to Trump's inauguration fund
OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.CNBC - 10h -
‘75 hard’: the viral fitness challenge is back – but is it really the best way to spend January?
Do you yearn to do two workouts a day, eat healthily, eschew alcohol and commit to reading self-improvement books? If not, there are softer options .... Name: 75 Hard.. Age: 75 Hard was ...The Guardian - 12h -
Trump backtracks from 'one big, beautiful bill' to fund his agenda
After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.ABC News - 1d -
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 - 1d -
Active mutual funds struggle to beat large-cap stock benchmarks — again
Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S. large-cap equities, according to BofA Global Research.MarketWatch - 5h -
In Seoul, Blinken Affirms Alliance Amid Challenges to Democracies
The U.S. secretary of state aimed to show that his country stood by South Korea as it grapples with a political crisis, and as Donald J. Trump returns to power.The New York Times - 23h -
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Nicolas Sarkozy goes on trial accused of receiving illegal funding from Gaddafi
Former French president alleged to have received millions of euros from Libyan dictator’s regime to fund campaign. Nicolas Sarkozy has gone on trial over allegations he received millions of euros ...The Guardian - 1d -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - 1d -
The Challenge for Made-in-America Bikes? Made-in-China Parts
Two and a half years after Guardian Bikes opened a factory in Indiana, it is trying to find components manufactured in the U.S.The Wall Street Journal - 1d -
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Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - 1d -
World Cup award adds pressure to Saudi Arabia’s construction challenge
Sporting plans bulk out kingdom’s project pipeline as it seeks to reduce dependence on oil revenuesFinancial Times - 1d -
75 Hard: Is the TikTok fitness challenge really worth it?
The challenge involves forgoing alcohol and unhealthy food for 75 days and doing multiple daily workouts.BBC News - 3d -
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Streeting to unveil extra funding for English hospitals that cut waiting times fastest
Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’Financial Times - 4d -
Mike Johnson hangs on, but his challenges are only beginning: From the Politics Desk
Mike Johnson won re-election as House speaker with a boost from Donald Trump, but his challenges with a narrow Republican majority are only beginning.NBC News - 4d -
How Trump and Musk's interventions prompt fresh diplomatic challenge
Politicians are navigating how to deal with the social media presence of Donald Trump and Elon Musk.BBC News - 4d -
This Colorado Startup Is Challenging NASA in the Concorde 2.0 Race
Boom Supersonic is trying to build a quieter, 21st century supersonic jetliner.Inc. - 4d -
Why House Speaker Mike Johnson could face a challenge during leadership vote
House Speaker Mike Johnson may not have the votes needed to retain the gavel even with President-elect Donald Trump's endorsement. CBS News' Taurean Small and Libby Cathey report.CBS News - 4d -
America needs a real challenger to corporate greed, not conspiracy-riddled RFK Jr.
We need more policy leaders who are genuinely committed to challenging corporate power without harmful quackery.The Hill - 4d -
Rugby overhauls laws mid-season with Premiership to follow Champions and Challenge Cup changes
The Champions and Challenge Cups will adopt four new law trials midway through the pool stage of the competition, with the Premiership following suit later this month for the 11th round of league ...Yahoo Sports - 4d -
Helping boomers spend their retirement funds is harder than it sounds
Worries about running out of money makes people frugal and wary of taking any big pension decisionsFinancial Times - 4d -
Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.CNBC - 5d -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - 5d -
Rebels Easily Toppled Syria’s Army. Their Challenge Now: Rebuilding.
The rebels’ path to victory is littered with evidence of Syria’s defeated military. It also reflects the sizable task of trying to put the country back together.The New York Times - 6d -
12 Powerful Micro-Challenges to Boost Your Happiness and Success in the New Year
Got big goals for the coming year? These monthly micro-challenges can help you reach them.Inc. - 6d -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - 6d -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - 6d -
Paxton warns of primary challenges for GOP incumbents amid Texas Speaker battle
Texas Attorney General Ken Paxton (R) on Tuesday warned of primary challenges for Republican incumbents in the state Legislature amid an ongoing battle over the Texas House Speakership. “Texans ...The Hill - Dec. 31