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How Adebayo Ogunlesi’s contrarian bet led to $12.5bn BlackRock tie-up
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Microsoft's market cap hit $2.89 trillion as it overtook Apple as the world's most valuable public company
Microsoft's market cap hit $2.89 trillion on Friday as it knocked Apple off the top spot.
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Citigroup to cut 20,000 employees
Shares of Citi were down 1.2% in afternoon trading.
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The Billionaires Spending a Fortune to Lure Scientists Away From Universities
Arena BioWorks is promising big paydays to nearly 100 researchers from Harvard, M.I.T. and other prestigious institutions.
By Editors Desk
Latest Business
BlackRock to buy Global Infrastructure Partners for $12.5bn
Deal would create world’s second-biggest infrastructure firm and shake up private market investing
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Microsoft neck and neck with Apple in fight to be world’s most valuable company
Artificial intelligence boom propels software giant to $2.9tn market value
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Amazon to lay off hundreds from Twitch and Prime Video
Internal note says company has ‘identified opportunities to reduce or discontinue investments in certain areas’ amid wave of layoffs
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OpenAI Responds to New York Times Lawsuit, Claims Paper “Intentionally Manipulated” Prompts
The statement was issued in response to a copyright infringement lawsuit from the publisher.
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Starbucks will accept reusable cups for drive-thru and mobile orders
Customers who bring a clean, personal cup get a 10-cent discount on their beverage and U.S. Starbucks Rewards members get 25 bonus stars.
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X now worth 71% less than when Musk bought it, Fidelity estimates
Musk bought the social media giant formerly known as Twitter for $44 billion.
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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
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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?
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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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