A divided Fed meets tomorrow and Wall Street is watching for 4 key words from Powell: ‘in a good place’
The chances of the Fed delivering another interest rate cut tomorrow are 90%, according to bets tracked by the CME...
When David Ellison was 13, his billionaire father Larry bought him a plane. He competed in airshows before leaving it to become a Hollywood executive
David Ellison’s ascent to the summit of Hollywood power traces an unconventional flight path. At 13, the Oracle founder’s son...
President of $200 billion Shopify says some of the greatest workers he knows only clock in 40-hour weeks: ‘You don’t have to work 80 hours’
There’s no question that the explosion of ChatGPT and other AI-powered technology has ushered in a new era of productivity,...
Borrowing by AI companies represents a ‘mounting potential threat to the financial system,’ top economist says
Tech companies are issuing more debt now than before the dot-com crash as a rapid infrastructure buildout unfolds in the...
In race to end China’s chokehold on critical minerals the U.S. needs all the friends it can get
Pini Althaus saw the signs. In 2023, he left the company he founded, USA Rare Earth, to develop critical minerals...
Amazon’s new Alexa aims to detangle household chaos, like who fed the dog and the name of that restaurant everyone wanted to try
It’s 10 p.m. after a long day when you walk in the door and wonder aloud: “Did anyone feed the...
Australia will start banning kids from social media this week—and Malaysia is getting ready to do the same
Starting this Wednesday, many Australian teens will find it near impossible to access social media. That’s because, as of Dec....
Google Cloud CEO lays out 3-part strategy to meet AI’s energy demands after identifying it as the ‘most problematic thing’
The immense electricity needs of AI computing was flagged early on as a bottleneck, prompting Alphabet’s Google Cloud to plan...
Pepsi to cut product offering nearly 20% in deal with $4 billion activist Elliott
PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor announced Monday....
Paramount rips Warner’s sale ‘process’ as it reveals 2-year-long pursuit, escalating bids before going hostile
Paramount Skydance’s tender offer for Warner Bros. Discovery emerged from months of fitful courtship, a shifting media landscape, and a...
Jimmy Kimmel signs ABC extension through 2027
President Donald Trump won’t be getting his wish. ABC said Monday it has signed late-night comic Jimmy Kimmel to a...
Trump says he’ll allow Nvidia to sell advanced chips to ‘approved customers’ in China
President Donald Trump said Monday that he would allow Nvidia to sell an advanced type of computer chip used in...
Cursor developed an internal AI Help Desk that handles 80% of its employees’ support tickets says the $29 billion startup’s CEO
AI coding-assistant start-up Cursor isn’t just using artificial intelligence to help developers write code, it’s deploying AI across its own...
Exclusive: Glean hits $200 million ARR, up from $100 million nine months back
Glean, last valued at $7.2 billion, has hit $200 million in annual recurring revenue, CEO Arvind Jain revealed at Fortune...
Netflix CEO brushes aside Paramount’s ‘entirely expected’ hostile bid, ‘super confident’ of closing deal with Warner Bros. Discovery
After announcing an almost-$83 billion deal to buy most of Warner Bros. Discovery on Friday, Netflix’s top brass projected calm...
