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Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion
The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.Tech - The New York Times - October 31 -
SAP Gains $26 Billion in Market Value, Surging Past ASML
The German business-software company’s shares climbed more than 5% after it raised its revenue and earnings forecasts for the year on strong demand for AI.Business - The Wall Street Journal - October 22 -
Elon Musk's xAI in Talks to Raise Funding Valuing It at $40 Billion
The new fundraising effort would substantially increase startup’s valuation from spring.Tech - The Wall Street Journal - October 29 -
The Columbus Blue Jackets Are Now Valued Over $1 Billion Per Sportico
The Columbus Blue Jackets paid an expansion fee of $80 million to start in 2000.Sports - Yahoo Sports - October 30 -
Philadelphia Phillies capital raise values the team at around $3 billion
The Philadelphia Phillies recently raised close to $500 million in capital from three new investors, according to two people familiar with the deal.Business - CNBC - 23 hours ago -
The Family That Went Against the Grain---and Built a Billion-Dollar Company
It was a side hustle. Now it’s a tortilla empire. Siete Foods did it in seven steps.Business - The Wall Street Journal - October 11 -
Boeing Has a $15 Billion Plan to Weather Company Turbulence
The planemaker wants to sell shares and a convertible bond to shore up its shaky finances.Business - Inc. - October 17 -
Boeing workers to vote on ending strike as company reports billions in quarterly losses
Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent ...Top stories - CBS News - October 23 -
Billions in taxes hang in balance for US companies as election nears
Research shows Trump’s tax cuts led to expanded corporate investment — and a spike in share buybacksWorld - Financial Times - October 30 -
Inside the Massive Crime Industry That’s Hacking Billion-Dollar Companies
When you download a piece of pirated software, you might also be getting a piece of infostealer malware, and entering a highly complex hacking ecosystem that’s fueling some of the biggest breaches ...Tech - Wired - 5 days ago -
Elon Musk’s xAI startup said to eye funding round, valuing the company at this much
xAI is in talks with investors for a funding round, the Wall Street Journal reported.Business - MarketWatch - October 29 -
ASML share plunge wipes over $50 billion off Dutch chip giant's value
ASML published its third-quarter earnings Tuesday, a day earlier than expected.Business - CNBC - October 16 -
Longboard Pharmaceuticals’ stock soars amid Lundbeck’s $2.6 billion deal to acquire the company
H. Lundbeck plans to acquire Longboard Pharmaceuticals in a $2.6 billion deal, the companies announced Monday.Business - MarketWatch - October 14 -
Parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG in a $3.25 billion deal
Parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG in a $3.25 billion dealSports - ABC News - October 24 -
Parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG in a $3.25 billion deal
Parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG in a $3.25 billion dealEntertainment - ABC News - October 24 -
Nevada jury hands $5.2 billion verdict against Vegas company in bottled water liver damage lawsuit
A jury in Nevada has delivered a $5.2 billion award in the latest large-sum civil lawsuit against a former Las Vegas-based bottled water company found responsible for causing liver damage in ...Health - ABC News - October 24 -
Political Division and Incivility Cost Companies $2 Billion a Day. Science Suggests Jiu Jitsu Persuasion Is the Answer
Want to have actually productive discussions at work? Research suggests jiu jitsu persuasion.Business - Inc. - October 31 -
Apple sales rise 6%, company seeing early iPhone 16 demand
Apple reported earnings after the bell. Here are the results.Business - CNBC - November 1 -
Losing GPS could cost billions, so the Space Force is having companies like Astranis build a backup network
The U.S. Air Force began deploying the Global Positioning System (GPS) nearly 50 years ago, critical infrastructure to both the military and economy.Business - CNBC - November 1 -
Trump Family’s Outfits for Election Win Offer a Picture of What Is to Come
Melania, Ivanka, Barron and an extended cast of supporters offer a picture of what is to come.Lifestyle - The New York Times - Yesterday