Elon Musk Seeks Up to $134 Billion in Damages From OpenAI and Microsoft
Elon Musk is pursuing up to $134 billion in damages from OpenAI and Microsoft, claiming he was misled after OpenAI abandoned its nonprofit mission and entered...
Business - Page 28
Explore the latest developments shaping global business, from corporate giants to fast-growing startups. Our Business section delivers in-depth coverage of mergers and acquisitions, regulation and policy shifts, breakthrough technologies, and venture capital trends. Get timely updates, analysis and context on how companies innovate, compete and expand in a rapidly changing economy. Designed for professionals, investors and curious readers alike, this is your go-to source for understanding the forces that drive business decisions worldwide.
Latest Business News
Discord Files Confidentially for IPO as Tech Listing Pipeline Builds
Chat platform Discord has confidentially filed for an initial public offering, signaling renewed momentum in venture-backed tech listings as market sentiment improves.
AMD Unveils Ryzen 7 9850X3D With Higher Clocks and Gaming Gains
AMD has introduced the Ryzen 7 9850X3D, an upgraded gaming-focused processor delivering higher boost speeds and a modest performance uplift over its predecessor.
Warren Buffett Steps Down After 60 Years, Hands Berkshire Hathaway Reins to Greg Abel
Warren Buffett will step aside as CEO of Berkshire Hathaway this week after six decades, marking the end of one of the most successful leadership tenures...
PC Makers Begin Cutting Device Memory as Component Shortages Squeeze Supply
Hardware manufacturers are starting to reduce memory and performance in new devices, with HP becoming the first major brand to halve RAM in its latest laptop...
Family Business Sale Sparks $240 Million Bonus Windfall for Employees
After selling his family-owned manufacturing company, the CEO of Fibrebond surprised employees with a $240 million bonus pool, turning a corporate exit into a rare wealth-sharing...
Nvidia Agrees to Buy AI Chipmaker Groq for $20 Billion in Record Deal
Nvidia has agreed to acquire AI chip startup Groq for about $20 billion, marking the largest acquisition in its history as it accelerates its push to...
Apple Fined €98 Million in Italy Over App Store Privacy Rules
Italy’s antitrust authority has fined Apple €98 million, ruling that its App Tracking Transparency rules unfairly disadvantage third-party developers while favoring Apple’s own apps.
Honda to Buy LG Battery Assets in Ohio for $2.9 Billion to Secure EV Supply Chain
Honda has agreed to acquire LG Energy Solution’s battery manufacturing assets in Ohio for $2.9 billion, strengthening its control over electric vehicle production in North America.
Nestlé Exits Herta Joint Venture With Sale of Final 40% Stake
Nestlé has sold its remaining 40% stake in European meat brand Herta, fully exiting the joint venture as it sharpens focus on core food categories.
Pentagon Partners With Musk’s xAI to Deploy Grok Models Across Defense AI Platform
The U.S. Department of Defense has signed an agreement with Elon Musk’s xAI to integrate Grok models into its internal GenAI.mil platform, expanding secure AI use...
Electronic Arts Shareholders Approve $55 Billion Sale to Saudi Sovereign Fund
Electronic Arts shareholders have approved a $55 billion takeover by Saudi Arabia’s sovereign wealth fund, marking one of the largest deals in gaming history and deepening...