Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
New Mexico Jury Hands Meta Historic $375M Loss in Child Safety Case
A Santa Fe jury found Meta liable on all counts, including willfully engaging in “unfair and deceptive” and “unconscionable” trade practices.
OpenAI Kills Sora, Blowing Up Its $1 Billion Disney Deal
Just six months after Sora launched and quickly went viral, OpenAI is shutting down the AI video app as it pulls back on costs ahead of a potential IPO.
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.
Nvidia Will Buy $1 Billion in Nokia Shares
Looks like Nokia just got a serious upgrade! The Finnish tech veteran is teaming up with AI powerhouse Nvidia.
What September’s Inflation Numbers Really Mean: Insights From S&P Global
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.
Tesla Board Urges Shareholders to Approve Musk’s Pay Package
Tesla’s board is warning shareholders that CEO Elon Musk could leave the company if they vote against his nearly $1 trillion compensation plan.
OpenAI Urges U.S. to Boost Energy Investment to Compete in A.I. Race
OpenAI warned that the U.S. must dramatically increase its energy production to stay competitive with China in developing artificial intelligence.
Amazon to Launch Biggest Corporate Layoffs in Company History
Amazon is conducting one of its largest-ever corporate layoffs, with plans to cut 14,000 corporate positions starting Tuesday.
