Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Trump Media Explores Truth Social Spin-Off After Tae Merger
Trump Media & Technology Group said it's exploring spinning off Truth Social into a separate publicly traded company following its pending merger with TAE Tech.
OpenAI Raises $110B at $730B Valuation, Deepens Amazon and Nvidia Ties
OpenAI announced a record $110 billion funding round led by Amazon, Nvidia, and SoftBank, boosting its pre-money valuation to $730 billion.
Trump Highlights Partnership Investing $500 Billion in AI
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.
From His Basement to ESPN: How Spikeball Became a Multimillion-Dollar Company
Chris Ruder, Spikeball Founder and CEO, explains how he and his friends put roundnet on the global map, plus, how Spikeball helps people "find their circle."
The Most Viral Game in College Football: The Pop-Tarts Bowl
Steve Hogan, CEO of Florida Citrus Sports, explains how he and his team made the Pop-Tarts Bowl one of the highest rated games in college football.
Netflix Will Increase Subscription Prices
Your Netflix subscription is about to get a bit more expensive.
Samsung Galaxy Unpacked Event Touts Latest Updates
The first Samsung Galaxy Unpacked event of the year is happening today at 1PM ET.
JetBlue will Begin Accepting Venmo
JetBlue Airways is the first in the industry to accept Venmo as a payment option for flights.
Trump Open to Musk Buying TikTok
The future of TikTok remains in limbo with President Trump considering Tesla CEO Elon Musk or Oracle Chairman Larry Ellison as potential TikTok buyers.
Disrupting The Music Industry: Venu Holding Corporation Rings NYSE Bell
J.W. Roth, CEO of Venu Holding Corporation, discusses the company's IPO and plans to redefine live music entertainment with their fan founded, fan-owned model.
Expert Predicts What Will Happen to TikTok in 75 Days
Andrew Graham, Head of Business Development for Digital Media at CAA, reacts to changes at TikTok and reveals his predictions for the app in 75 days.
