Business
Showing 12 of 93 articles · Page 5 of 8
Netflix Acquires Warner Bros: A Game-Changer in Streaming
Netflix acquires Warner Bros for $82.7 billion, including HBO, Harry Potter, and DC Comics. Regulatory challenges ahead.
Apple's Interface Design Chief Leaves for Meta
Alan Dye, Apple’s interface design chief, resigns to lead a new studio at Meta, focusing on innovative hardware-software integration.
Meet the Youngest Billionaire: Luana Lopes Lara
Discover Luana Lopes Lara, the youngest billionaire, and founder of Kalshi, a startup revolutionizing predictive markets with a $11 billion valuation.
OpenAI's $207 Billion Funding Goal by 2030
OpenAI aims to secure $207 billion in funding by 2030, focusing on client growth and subscription fees to support its expansion plans.
Meta Under Investigation for Anticompetitive Practices on WhatsApp
Meta faces antitrust investigation over WhatsApp AI restrictions, limiting choice for users and threatening third-party chatbot businesses.
IBM to Close Research Lab in Brazil — Key Facts
IBM will close its Brazil research lab (opened 2010), affecting ~100 staff; AI and quantum projects move abroad, contracts end Dec 18. Report: Tecnoblog.
Meta wins U.S. antitrust case over social media monopoly claims
Judge rejects FTC's 2020 antitrust suit against Meta; cites insufficient evidence and TikTok as Instagram competitor. Meta keeps WhatsApp.
Peter Thiel Sells All Nvidia Shares, Citing Overhyped AI Market
Peter Thiel sells all Nvidia shares, comparing AI hype to the 1999 internet bubble, warns of overhyped expectations ahead of real economic outcomes.
Tim Cook Might Step Down as Apple CEO Next Year
Tim Cook might resign as Apple CEO in 2024. John Ternus is a potential successor. Find out more about the expected timeline and implications.
SoftBank Sells Its Stake in Nvidia to Raise Funds for OpenAI
SoftBank sells Nvidia shares to raise $30B for OpenAI. Shares drop: Nvidia 2%, SoftBank 3.5%. Strategic funds boost aims for tech investment.
Elon Musk Considers Building Tesla’s Own Semiconductor Factory
Tesla's Elon Musk plans semiconductor factory to meet chip demand. Nvidia's CEO warns of the complexities. Read more on this strategic move.
Tesla Shareholders Approve $1 Trillion Compensation Package for Elon Musk
Tesla shareholders approve $1 trillion performance-based package for Elon Musk, contingent on growing market value to $8.5 trillion in 10 years.