Business
Showing 12 of 93 articles · Page 1 of 8
Allbirds Shares Surge 580% After Pivoting to AI Infrastructure
Allbirds shares jump 580% as the footwear brand rebrands to NewBird AI, securing $50M to provide high-performance GPU cloud services.
OpenAI Faces Investor Criticism Over Strategic Shift
OpenAI investors question the shift to corporate and coding tools despite ChatGPT's massive 1 billion user base and 50-100% annual growth. Read more.
Amazon Acquires Globalstar for $11 Billion to Expand Satellite Connectivity
Amazon acquires Globalstar for $11B to integrate with Amazon Leo, powering satellite SOS and messaging for iPhones and Apple Watches.
OpenAI CEO Sam Altman Faces Allegations of Limited Technical Knowledge
Former OpenAI employees claim CEO Sam Altman lacks technical expertise, drawing comparisons to infamous figures like Sam Bankman-Fried. Read more here.
Anthropic Moves to Pay-As-You-Go Model for OpenClaw and Third-Party Tools
Anthropic ends support for OpenClaw in Claude Pro plans, moving to a pay-as-you-go model. Learn about credits and how this affects third-party tool usage.
TikTok Seeks Central Bank Approval to Offer Financial Services in Brazil
TikTok seeks Central Bank approval to offer loans, bank accounts, and payment services in Brazil. Learn how the app plans to enter the financial market.
Epic Games Announces Major Layoffs Amid Fortnite Engagement Decline
Epic Games layoffs: Over 1,000 staff cut as Fortnite engagement drops on PlayStation and Xbox. CEO Tim Sweeney cites unsustainable spending and lower playtime.
Kalshi Bans Inside Information Betting on Prediction Markets
Kalshi bans insiders like politicians and athletes from betting on their own sectors to prevent insider trading and ensure fair prediction markets.
Meta Plans Massive Layoffs to Fund $600 Billion AI Infrastructure
Meta plans to cut 20% of its staff to fund a $600 billion investment in AI data centers by 2028. Read more about the major restructuring.
Teen Developers Are Earning Millions on Roblox
Discover how young Roblox developers like Nate Colley are earning millions. Learn about the $1.5 billion creator payout and how brands are investing in the platform.
Yann LeCun’s AMI Labs Raises Record $1 Billion Seed Round
Yann LeCun’s AMI Labs raises a record $1B seed round to develop AI world models using video and spatial data. Learn about this historic $3.5B valuation.
Accenture Acquires Ookla for $1.2 Billion
Accenture acquires Ookla, owner of Speedtest and Downdetector, for $1.2 billion to integrate real-time connectivity data into its IT infrastructure services.