Business
Showing 12 of 126 articles · Page 4 of 11

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.

Netflix Withdraws Bid for Warner Bros. Discovery Amid Paramount Rivalry
Netflix drops its bid for Warner Bros. Discovery after Paramount offers $31/share and agrees to pay a $2.8 billion penalty fee. Read the latest industry update.

Stripe Reportedly Considering PayPal Acquisition
Stripe is reportedly eyeing an acquisition of PayPal following a $159B valuation surge and PayPal's recent market decline. Get the latest fintech news here.

Nvidia Shifts Strategy on $100 Billion OpenAI Deal
Nvidia shifts its $100B OpenAI deal to a $30B upfront investment for equity, fueling rapid infrastructure expansion and solidifying their AI partnership.