Latest in Tech Spending Billions
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5 ways to spend less money in 2025
Economic issues are straining people's finances, but these tactics can help you free up cash and spend less money.CBS News - Jan. 17 -
Tech giants to attend President-elect Trump's inauguration
TikTok's CEO has joined a growing list of tech industry giants, including Elon Musk, Jeff Bezos and Mark Zuckerberg, who will be attending President-elect Donald Trump's inauguration on Monday. ...CBS News - Jan. 17 -
'One-in-a-billion' round egg discovered in Devon
Alison Greene says even Elon Musk, the richest man in the world, does not have a round egg.BBC News - Jan. 17 -
The Tech Industry Is Preparing for Trump 2.0 by Not Preparing
Big tech helped Trump win the election, but will small-medium tech reap the benefits?Inc. - Jan. 16 -
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Here are the Big Tech CEOs attending Trump's inauguration
The CEOs of several of the world’s biggest technology companies are planning to attend President-elect Trump’s inauguration Monday. The leaders of Amazon, Google, Meta, Tesla, TikTok and OpenAI ...The Hill - Jan. 16 -
Pence lands in Taiwan for meetings with president, tech leaders
Former Vice President Mike Pence arrived in Taiwan on Thursday, two sources familiar with the trip told The Hill. Pence plans to meet with Taiwan’s President Lai Ching-te and Vice President Hsiao ...The Hill - Jan. 16 -
A Euphoric Tech Industry Is Ready to Celebrate Trump and Itself
The elite of Silicon Valley are set to revel in their new clout during a long weekend of inaugural parties as President-elect Donald J. Trump is set to resume power.The New York Times - Jan. 16 -
Treasury Says Pandemic Spending Saved Jobs
Treasury Secretary Janet Yellen said the Biden administration’s stimulus checks reduced major downside risks.Inc. - Jan. 15 -
Tech, Media & Telecom Roundup: Market Talk
Find insight on Impinj , BlackBerry, Cellnex and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - Jan. 15 -
Country Garden Lost $24.33 Billion in 2023
The Chinese developer released its long-delayed results showing that its net loss narrowed in the first half of 2024 following a record loss in 2023.The Wall Street Journal - Jan. 14 -
Canada Approves Bunge's $8.2 Billion Deal for Viterra
Canada has approved Bunge’s $8.2 billion deal for Glencore-backed Viterra, as the companies agreed to concessions to address previous antitrust concerns.The Wall Street Journal - Jan. 14 -
Edwards fined again, promises 'no more techs'
Timberwolves star Anthony Edwards was fined by the NBA for the fifth time this season, getting docked $50,000 for "obscene gestures" toward an official.ESPN - Jan. 13 -
Chronic Pain Afflicts Billions of People. It’s Time for a Revolution.
As many as two billion people suffer from it — including me. Can science finally bring us relief?The New York Times - Jan. 12 -
How a Driving Instructor to the Stars Spends Her Sundays
Shanti Gooljar grabs some coffee before eight hours of heart-racing driving lessons around New York City. She caps off her day by having dinner with her son.The New York Times - Jan. 11 -
Tech, Media & Telecom Roundup: Market Talk
Read about Match Group, Tele2, Deutsche Telekom, Tencent and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - Jan. 10 -
The Most Exciting Tech for Your Business at CES 2025
Some of the weird and wonderful gadgets announced at the Consumer Electronics Show could help you run your company (or at least have more fun).Inc. - Jan. 10 -
Reeves faces 'difficult decisions' on tax and spending
The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.BBC News - Jan. 10 -
Power Rankings: Can Georgia Tech remain undefeated?
The Yellow Jackets look to make a jump into the top 10 as ACC play continues.ESPN - Jan. 10 -
Why are the A's spending big this winter as they relocate to Sacramento?
Brent Rooker's $60 million extension marks the latest expenditure for the typically thrifty A's.Yahoo Sports - Jan. 9 -
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 - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
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 -
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 -
Sources: A's keep spending with Rooker extension
Designated hitter Brent Rooker and the Athletics are in agreement on a five-year, $60 million contract extension, sources told ESPN, continuing a winter of uncharacteristic spending with a ...ESPN - 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 -
Cryptocurrencies and personal AI: Tech to watch out for in 2025
Will 2025 be a hinge year for cryptocurrency and will personalised AI appear on your phone?BBC News - Jan. 7 -
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 -
Some Baseball Teams Won’t Spend Money, and It’s a Problem
Six clubs, including two that made the playoffs last season, have yet to invest in a free agent.The New York Times - Jan. 6 -
How tech breakthroughs changed health in 2024
The health and technology sectors intersected in fresh ways in 2024, marking a transformation largely driven by the increased use of artificial intelligence (AI). From headphones that double as ...The Hill - Jan. 4 -
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.CNBC - Jan. 4 -
Europe readies for scattergun defence-spend bonanza
Sickly economies and budgetary pressures likely to hit proposals and any increase will be thinly spreadFinancial Times - Jan. 4 -
Tech breakthroughs of 2024
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story How tech breakthroughs are changing health The health and technology sectors intersected in fresh ways in ...The Hill - Jan. 3 -
Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months
Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.NBC News - Jan. 3 -
Constellation Inks $1 Billion Nuclear Power Deal
Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.Inc. - Jan. 2