Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
OpenAI Going Global for More Money in the Middle East
OpenAI is in talks with Middle Eastern sovereign wealth funds as it looks to raise around $50 billion in a new funding round.
Advancements in Greenland Deal Sparks Market Relief
U.S. stocks rebounded Wednesday after President Trump said he reached a framework for a Greenland deal and backed off threatened tariffs on European country's.
Big Business This Week: Building “deep tech” that matters
Maybe it’s not high-tech that’s the answer to improving the world, maybe it’s actually… “deep tech.”
Meta Doubles Down on A.I. Spending as Zuckerberg Defends New Investments
Meta CEO Mark Zuckerberg defended the company’s heavy A.I. spending, saying it’s better to invest “too much than too little”.
Alphabet Tops $100 Billion in Quarterly Revenue for the First Time as Profits Soar
Google’s parent company Alphabet reported its first-ever quarter with more than $100 billion in revenue.
Paramount to Lay Off 2,000 Employees Following $8 Billion Skydance Merger
Paramount has begun layoffs affecting about 2,000 employees, or roughly 10% of its workforce, just months after completing its $8 billion merger with Skydance.
YouTube Offers Voluntary Buyouts Amid A.I.-Driven Restructuring of Product Teams
YouTube is offering voluntary buyouts to U.S. based employees as it reorganizes its product division for the first time in a decade to prioritize A.I.
The underdiscussed pure profit enterprise of movie rereleases
With rereleases being pure profit, why aren’t studios always doing them?
Why Consumers Are Hitting “Cancel”: Inside the Subscription Fatigue Era
Bank of America economist David Tinsley explains why streaming costs have consumers hitting cancel faster than play.
PayPal Gets Smart: ChatGPT Can Now Be Your Personal Shopping Mall
PayPal is jumping into the AI shopping game by embedding its digital wallet directly into ChatGPT.
Elon Musk Launches Own Version of Wikipedia, 'Grokipedia'
Elon Musk rolled out Grokipedia, an AI-powered encyclopedia that’s part Wikipedia rival, part “Musk-verse” of information.
