Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
How Phantom Space Plans to Disrupt the Commercial Space Race
Jim Cantrell, Co-Founder and CEO of Phantom Space, explains how the company is working to make rocket launches faster, cheaper, and more scalable.
Meta and Microsoft Just Sent a Big AI Message to Investors
Big Tech is pouring billions into AI. Ray Wang, CEO of Constellation Research, explains what Meta and Microsoft's earnings reveal about those investments.
Caroline Ellison Faces Sentencing for Fraud
Caroline Ellison, a former executive at Sam Bankman-Fried's FTX cryptocurrency empire, is set for sentencing for fraud.
Smartsheet Sold to Vista and Blackstone for $8.4B
Smartsheet, a workplace collaboration software company, will be taken private in an $8 point 4 billion deal with Vista Equity Partners and Blackstone.
Telegram To Share User Data With Law Enforcement
After Telegram CEO Pavel Durov was arrested in France for alleged criminal activity, the company announced it would now share user data with law enforcement.
DOJ Files Antitrust Case Against Visa Inc.
The U.S. Justice Department is set to file an antitrust lawsuit against Visa, alleging the company has illegally monopolized the U.S. debit card market.
FICO Utilizes AI To Enhance Business Decision-Making
AI is revolutionizing credit scoring by analyzing diverse data sources, enhancing accuracy & financial inclusion for those lacking traditional credit histories.
"Fast Friends" Game Show Celebrates 30 Years Of "Friends"
To celebrate the 30th anniversary of "Friends," a new game show called "Fast Friends" is set to premiere on the streaming platform, Max.
Kmart Closes Last Full-Size U.S. Store
Kmart is closing its last full-size store in the U.S. mainland on October 20th in Bridgehampton, New York.
TikTok Purges Russian Accounts Over U.S. Election
TikTok has unfollowed accounts tied to Russian media outlets for violating its guidelines by attempting "covert influence" ahead of the 2024 U.S. election.
Boeing Boosts Offer To End 11-day Strike
The plane manufacturer is raising its offer to the International Association of Machinists Union, now proposing a 30 percent raise over four years.
