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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 -
Tencent invests $1.25B in Ubisoft’s new core games operating division
Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands. Ubisoft, the French video game ...VentureBeat - Mar. 27 -
Blackstone Considers Small Investment in TikTok
The private equity giant is considering investing as the video app works to follow a law that requires it to separate from its Chinese owner, ByteDance, by next week.The New York Times - 6d -
Feb 24: CBS News 24/7, 1pm ET
President Trump and French President Emmanuel Macron meet at the White House to discuss the war in Ukraine; Apple plans to invest $500 billion in the U.S. over the next four years.CBS News - 3d -
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 -
Dutch pensions to invest €100bn in risky assets boosting Europe’s defence efforts
APG boss says largest part of investment to be within bloc owning to ‘attractive valuations’Financial Times - 5d -
Pension Protection Fund vows to invest more in ‘juicy’ UK assets
Britain’s £32bn lifeboat scheme says it will invest in infrastructure and scale-up companies if allowed to growFinancial Times - 3d -
With the Worst U.S. Stock Market In Years, Try Some Old-Fashioned Investments
People have avoided huge losses by holding old-fashioned, well-balanced investments, an approach our columnist is banking on for the future.The New York Times - 11h -
‘Game over’ for ESG investing due to Trump backlash? Analysts say no
President Donald Trump and the GOP have expressed disdain for so-called ESG investments. Despite political headwinds, analysts say such funds are here to stay.CNBC - 3d -
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. - 6d -
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. - 5d -
1-gram vs. 1-ounce gold bars: Which is a better investment this April?
Both gold investment types have unique benefits this April. Here's how to determine which could be better for you.CBS News - 1d -
5 Tips for Motivating Employees When Times Are Tough
Investing in employee engagement is investing in your success.Inc. - 1d -
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 -
The use and abuse of investment bank bonuses
HSBC’s sacking of bankers without a payout is part of a wider reset of incentivesFinancial Times - 4d -
The hidden cost of predictable investment rebalancing
Those basis points add upFinancial Times - 2d -
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 - 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 - 1d -
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 -
📊 Comparing Arsenal's pathway for centre-forward investment
Arsenal are once again in the glare of the transfer spotlight as the capital club will fall short of ending their Premier League trophy drought thanks to Arne Slot's high-flying Liverpool.Despite ...Yahoo Sports - 19h -
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 - 6d -
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 - 3d -
Federal judge temporarily pauses RFK Jr. effort to rescind billions of public health funds
A federal judge granted a temporary restraining order Thursday that stops the Trump administration from pulling back more than $11 billion in public health funding from state and local health ...The Hill - 11h -
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 - 3d -
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 -
Navigating Trump-Era Market Volatility: How to Invest Amid Uncertain Times
People with bond and international stock funds have held their own, despite a shaky U.S. stock market and the uncertainty and turmoil flowing from the White House.The New York Times - 6d -
A16z speedrun opens applications for fifth event, offers $1M investment
A16z Speedrun is taking applications for its fifth event, where startups in the interactive and tech spaces receive advice and funding.VentureBeat - 3d -
How Trump’s Tariff Flip-Flopping Is Dragging on Private Investment
Data from PitchBook shows that the predicted M&A ‘Trump Bump’ has largely failed to materialize.Inc. - 2d -
Macron suggests pause on US investment as EU leaders condemn Trump tariffs
Von der Leyen calls tariffs ‘a major blow to world economy’ while calling for last-ditch negotiations. European leaders have condemned Donald Trump’s tariffs as “fundamentally wrong” and creating ...The Guardian - 15h -
Xi Jinping Meets Global Business Leaders Amid Trade Tensions
German investment in China’s auto industry has been one of the few bright spots as foreign investment has slowed to a crawl.The New York Times - 6d -
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 -
SpaceX Faces Fresh Competition for $5.6 Billion in Government Contracts
Rocket Lab and startup Stoke Space were selected to compete for Department of Defense contracts through 2029.Inc. - 6d