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X now worth 71% less than when Musk bought it, Fidelity estimates
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China’s BYD is selling more electric cars than Tesla
China’s leading role in the global industry is also thanks to its market scale, cheap labor and supply chain dominance, according to analysts.
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AI is the big tech story, luxury is losing some of its sparkle and more private equity firms may head for the public markets
AI is the big tech story, luxury is losing some of its sparkle and more private equity firms may head for the public markets
By Editors Desk -
The New York Times Has an Edge in Suit Against OpenAI
To offer useful information, ChatGPT and other large language models need humans to report, vet and publish new facts. Who is going to pay for that?
By Noah Feldman
Latest Business
Steve Ballmer is set to make $1 billion a year for doing nothing
Steve Ballmer is set to make $1 billion a year for doing nothing
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Apple Watch ban temporarily paused
One day after the Apple Watch import ban went into effect, the US Court of Appeals is instituting a brief pause while it considers a longer pause.
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The Late-Night Email to Tim Cook That Set the Apple Watch Saga in Motion
Apple’s hiring of a key engineer 10 years ago helped spark a fight that led its watch to be banned from the US.
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Today is the last day for Joe Biden to keep the Apple Watch on shelves
Today is the last day for President Biden to keep the top-of-the-line devices on shelves
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Prada Is Expanding Its NYC Presence With Pair of Building Purchases
Property next to Fifth Avenue store purchased for $410 million
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End of era as Toshiba delists from Tokyo stock exchange after 74 years
Electronics firm taken private in £11bn deal by consortium led by Japan Industrial Partners
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Everything seems more expensive, so why is a big new TV cheaper than ever?
This new business model changes the calculation for TV manufacturers.
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The 'vibecession' driving holiday mass layoffs
The holiday season brings cheer for some, but layoffs for others. What's with the practice – and why does it feel so acute right now?
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Sam Altman on OpenAI and Artificial General Intelligence
Altman insists that the experience ultimately made the company stronger—and proved that OpenAI’s success is a team effort.
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McDonald's concept CosMc's could win the coffee war against Starbucks and Dunkin'
McDonald's has begun to open the first locations of its experimental, retro coffee drive-through. CosMc's is entering a crowded market, but may have a playbook for success.
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Elon Musk demands Bob Iger ‘be fired’ after Disney pulled ads from X
Elon Musk wants Bob Iger fired.
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Spotify’s CFO Is Leaving, Follows Marketing Chief Out the Door
aj Alavi, company’s head of marketing, is also departing
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Elon Musk's SpaceX Valued at $175 Billion or More in Tender Offer
- Deal implies premium to $150 billion valuation this summer
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Apple’s Ideal Credit Card Partner to Replace Goldman Sachs Is Chase
Apple Inc.’s long-anticipated breakup with Goldman Sachs Group Inc., its main financial services partner, is now underway — with the iPhone maker offering the bank a path out of their deal.
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Alaska Air Agrees to Buy Rival Hawaiian in $1.9 Billion Deal
The deal could “improve fares, though increase complexity by adding long-haul operations from Hawaii to US cities and into Asia,” Bloomberg Intelligence analysts George Ferguson and Francois Duflot wrote in a note.
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RETAIL Walmart drops ads on X as Elon Musk fallout grows
X, formerly known as Twitter, did not immediately respond to a request for comment.
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