Technology

Anthropic Nears $15 Billion Pre-IPO Loan, Taps Morgan Stanley for Listing

Anthropic is close to finalizing a $15 billion pre-IPO credit facility and nearing selection of Morgan Stanley and Goldman Sachs for a listing eyed for mid

BP Names Ian Tyler Permanent Chair After Manifold Ousting

BP appointed Ian Tyler as permanent chair on Wednesday, ending a search that followed the contentious removal of Albert Manifold in May.

Ryanair Warns European Air Fares Will Rise as Jet Fuel Hits $140

Ryanair cut its annual passenger target to 214 million on Wednesday and warned European air fares will rise if jet fuel stays near $140 a barrel.

US Envoys Witkoff and Kushner Arrive in Moscow for Ukraine Peace Push

US envoys Steve Witkoff and Jared Kushner arrived in Moscow on September 5 for Ukraine peace talks as Russian attacks killed at least five people.

American Airlines Adds Flagship Suites to Boeing 777 Jets for Long-Haul Flights

American Airlines is installing its Flagship Suite premium cabins on its largest Boeing 777 jets, targeting its busiest long-haul international routes.

Whoop Launches 5.0 and MG Devices with Enhanced Features and Battery Life

Whoop has unveiled two new wearable devices, the Whoop 5.0 and Whoop MG, designed to offer better performance, a more refined design, and extended...

Coinbase to Acquire Deribit for $2.9 Billion, Strengthening Global Crypto Derivatives Market

Coinbase has agreed to acquire Dubai-based Deribit, a leading crypto derivatives exchange, for $2.9 billion, making it the largest deal in the cryptocurrency industry...

Amazon Expands into Pet Medications with New Online Prescription Service

Amazon announced Thursday that it is now offering a service for pet owners to order prescriptions for their dogs and cats online. The service...

Elizabeth Holmes’ Appeal Denied, Leaving Supreme Court as Last Resort

Elizabeth Holmes, the former CEO of Theranos, has lost her bid to have her fraud conviction reheard. On Thursday, the 9th Circuit U.S. Court...

Palantir Joins Top 10 U.S. Tech Companies by Market Cap, Surpassing Salesforce

Palantir has officially entered the ranks of the top 10 U.S. technology companies by market cap, achieving a valuation of $281 billion. This marks...

Pinterest Surpasses Expectations in Q1 Earnings, Shares Jump 15%

Pinterest shares soared 15% in after-hours trading following the release of its first-quarter earnings, which exceeded expectations and offered an optimistic outlook for the...

Affirm Posts Strong Profits but Lower Revenue Guidance, Shares Drop

Affirm, a leader in the buy now, pay later (BNPL) market, reported stronger-than-expected earnings for the prior quarter but issued a revenue forecast for...

Lyft Boosts Share Buyback and Posts Strong Q1 Earnings

Lyft shares rose 7% after the company revealed it would boost its share buyback program to $750 million in its first-quarter earnings report. Following...

Ex-CEO of Celsius Network Sentenced to 12 Years for Fraud

Alexander Mashinsky, the former CEO of Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of...

SMIC Q1 Earnings Miss Estimates, Shares Drop Amid Production Challenges

Shares of Semiconductor Manufacturing International Corporation (SMIC), China’s largest contract chipmaker, dropped nearly 7% on Friday after its first-quarter earnings fell short of expectations....

How AI Is Quietly Transforming the Culinary World

At this year’s Michelin Guide awards in France, the buzz extended beyond the stars gained or lost. Conversations among chefs were increasingly dominated by...

OpenAI Set to Acquire Coding Tool Windsurf for $3 Billion

OpenAI has reportedly agreed to acquire the artificial intelligence-assisted coding tool Windsurf for approximately $3 billion, according to sources familiar with the deal. Although...

OpenAI Keeps Nonprofit Control Amid Restructuring Changes

OpenAI has made a significant decision to reverse its restructuring plans, opting to maintain control under its nonprofit parent. This move is a direct...

Hinge Health’s Resilient Rise in Digital Physical Therapy

Mecklenburg, who initially met while pursuing PhDs in the UK. Their shared interest in healthcare innovation, inspired by personal experiences with injuries, led them...

- A word from our sponsors -

spot_img

Follow us

HomeBusinessTechnology