Paramount Considers Bringing Elon Musk Into $110 Billion Warner Bros. Discovery Deal
Paramount is considering asking Elon Musk to join a group of equity investors as it prepares to complete its $110 billion acquisition of Warner Bros. Discovery.
Business - Page 15
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Latest Business News
CFTC Chair Tells Markets to Prepare for ‘Mass Tokenization’ and 24/7 Trading
CFTC Chairman Michael Selig says financial markets must prepare for mass tokenization, onchain finance and 24/7 trading as blockchain technology transforms settlement and collateral infrastructure.
Royal Caribbean Buys 50% of Sandals and Beaches in $3 Billion Resort Deal
Royal Caribbean is acquiring a 50% stake in Sandals and Beaches Resorts for approximately $3 billion, expanding the cruise giant into the all-inclusive resort market.
Alibaba Unveils Zhenwu V900 AI Chip as It Plans 20GW Data Center Expansion
Alibaba has unveiled its Zhenwu V900 AI chip with three times the performance of its predecessor as the company prepares massive Qwen models and more than...
X Connects Stock and Crypto Cashtags to Coinbase, Kraken and Major Brokers
X has connected stock and crypto Cashtags to Coinbase, Kraken and other major trading platforms, allowing U.S. users to move directly from market conversations to participating...
SpaceXAI Launches Grok 4.7, Claiming Twice the Speed at Half the Cost of Rival AI Models
Elon Musk's SpaceXAI has launched Grok 4.7, its most powerful model for coding and knowledge work, claiming twice the speed at half the price of comparable...
SoftBank Launches $11 Billion Bond Sale to Finance Its OpenAI Investment
SoftBank has launched an approximately $11 billion bond sale to finance its latest investment in OpenAI, underscoring the enormous capital requirements behind the global artificial intelligence...
OpenAI Forecasts $278 Billion Cash Burn Through 2030 as AI Infrastructure Costs Soar
OpenAI expects to generate $278 billion in negative free cash flow through 2030 as spending on computing power and AI infrastructure approaches $856 billion despite rapid...
ECB’s Christine Lagarde Personally Intervened to Block Binance’s EU License, WSJ Reports
ECB President Christine Lagarde personally intervened to derail Binance's attempt to secure an EU-wide crypto license through Greece, according to the Wall Street Journal, amid concerns...
S&P Global to Acquire OpenZeppelin as Wall Street Pushes Deeper Into Crypto Infrastructure
S&P Global has agreed to acquire blockchain security firm OpenZeppelin, whose smart contract infrastructure has supported more than $37 trillion in value transferred across stablecoins, tokenized...
Novo Nordisk Partners With Anthropic to Accelerate Drug Discovery Using Claude
Novo Nordisk is partnering with Anthropic to deploy Claude Science and frontier AI models across drug discovery and software development as the pharmaceutical giant seeks to...
X Launches Stock and Crypto Trading Links Through Cashtags in the U.S.
X has launched a U.S. Cashtag Program that connects stock and cryptocurrency tickers with price charts, market discussions and trading links through participating brokerages and crypto...