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Microsoft hits ridiculous all-time high
As companies scramble to incorporate artificial intelligence to compete in the future, one major company has emerged as a “sleeping AI giant”.
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Music Companies Sue Twitter Over Alleged Copyright Violations
Publishers representing thousands of artists are seeking more than $250 million in damages for use of music in tweets.
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US moves to block Microsoft's Activision takeover
Regulators in the US have asked a judge to block Microsoft from completing its $69bn (£56bn) purchase of Call of Duty publisher Activision Blizzard.
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George Soros names heir to financial empire – WSJ
The Hungarian-American billionaire is frequently accused of using his wealth to meddle in political affairs
By Editors Desk
Latest Business
Can Twitter’s Odd Couple Make It Work? Elon Musk and His New CEO Are About to Find Out
<p>Musk announced her arrival before she had a contract. They haven’t formally agreed on a budget or headcount. And Linda Yaccarino hasn’t even gotten to the hard part yet.</p>
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Amazon to pay over $30 million for Ring and Alexa privacy violations
- Hackers disproportionately targeted cameras that the company advertises for indoor use.
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Microsoft's Activision takeover approved by EU after UK veto
EU regulators have approved Microsoft's $69bn (£55bn) attempt to purchase Call of Duty publisher Activision Blizzard.
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CFO Hiring Was Streamlined During Covid, But More Thorough Vetting Is Back in Vogue
Increased corporate activism and a desire for ‘wartime’ finance chiefs with experience during downturns are driving companies to beef up hiring practices
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Who is Linda Yaccarino, Elon Musk’s pick for Twitter CEO?
Yaccarino is chairman of global advertising and partnerships at NBCUniversal, where she oversees 2,000 workers on a team that has generated more than $100 billion in ad sales, according to her profile on the company’s website.
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Jamie Dimon Wins Again in First Republic Bank Deal
CEO used JPMorgan’s massive balance sheet to beat out smaller banks to buy troubled lender
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First Republic bank seized by US regulators
The struggling lender will be acquired by JPMorgan, the Californian financial watchdog said
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Bed Bath & Beyond Files for Bankruptcy As Last Ditch Efforts Fail
Years of losses and a failed turnaround plan left the retailer struggling to stock stores. The company expects all its retail locations to eventually close.
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Hollowing out of San Francisco raises fears over status as top tech hub
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Instagram to move majority of staff from London to New York
Decision comes less than eight months after social media platform’s head Adam Mosseri relocated to UK
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BRICS to surpass G7 in share of global economic growth – Bloomberg
The bloc of developing countries will be a larger driver of development than the Western Group of Seven major economies
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New Apple product declares war on banks
Apple has fired another major shot on the finance world, launching a game-changing new product that could disrupt the banking system.
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Twitter Inc. Changes Its Name to X Corp. and Moves to Nevada
The platform is keeping the Twitter branding but is no longer incorporated in Delaware.
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What Happened When Uber’s CEO Started Driving for Uber
Dara Khosrowshahi and other executives realized drivers’ complaints were valid. They revamped the app, helping Uber attract workers and extend its lead on Lyft. Driver pay remains a sticking point.
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Johnson & Johnson agrees to pay $8.9bn over alleged cancer-causing talc claims
The conglomerate was prevented from offloading its liability to a subsidiary that immediately declared bankruptcy
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Adidas Ends Its Opposition to Black Lives Matter Logo
Sportswear maker had called the advocacy group’s three-stripe emblem too similar to its own
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