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OpenAI says nonprofit parent will own equity stake in company of over 0 billion

OpenAI says nonprofit parent will own equity stake in company of over $100 billion

Microsoft Chairman and Chief Executive Officer Satya Nadella (L), speaks with OpenAI Chief Executive Officer Sam Altman, who joined by video during the Microsoft Build 2025, conference in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images OpenAI on Thursday said its nonprofit parent will continue to have oversight over the […]

OpenAI says nonprofit parent will own equity stake in company of over $100 billion Read More »

Here’s what Paramount Skydance would be buying in a deal for Warner Bros. Discovery

Business News

Paramount+ signage in the Times Square neighborhood of New York, US, on Thursday, Dec. 21, 2023. Gabby Jones | Bloomberg | Getty Images David Ellison looks to be buying up a media empire. The CEO and chairman of the newly minted Paramount Skydance has tapped an investment bank to help prepare a takeout offer for Warner Bros.

Here’s what Paramount Skydance would be buying in a deal for Warner Bros. Discovery Read More »

Warner Bros. Discovery stock is up 25% after report Paramount Skydance is preparing a takeover bid

Business News

Signage at the Warner Bros. Discovery headquarters in New York, US, on Thursday, June 12, 2025. Victor J. Blue | Bloomberg | Getty Images Warner Bros. Discovery shares soared more than 25% Thursday afternoon on a report from the The Wall Street Journal that the recently merged Paramount Skydance was preparing a takeover bid. Shares

Warner Bros. Discovery stock is up 25% after report Paramount Skydance is preparing a takeover bid Read More »

Alphabet’s Verily covered up HIPAA violations, whistleblower says in lawsuit

Finance News

Alphabet’s health tech subsidiary Verily used the health data of more than 25,000 patients without authorization and actively covered up those violations, a former company executive alleges. The executive, Ryan Sloan, claims Verily fired him after he discovered breaches of the Health Insurance Portability and Accountability Act, or HIPAA, and reported his concerns to the

Alphabet’s Verily covered up HIPAA violations, whistleblower says in lawsuit Read More »

Air India CEO says carrier embracing ‘new normal’ of safety focus after deadly crash

Business News

An Air India Boeing 787-8 Dreamliner. Sopa Images | Lightrocket | Getty Images LONG BEACH, Calif. — Air India CEO Campbell Wilson said the carrier has embraced a “new normal” and a stepped-up safety focus following the crash of one of its planes in June, the deadliest aviation disaster in a decade. All but one

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Former Milwaukee Bucks owner Marc Lasry says he doesn’t believe L.A. Clippers owner Steve Ballmer circumvented salary cap

Business News

Former Milwaukee Bucks co-owner Marc Lasry said he doesn’t believe L.A. Clippers owner Steve Ballmer attempted to circumvent the NBA’s salary cap by working with a third-party company to surreptitiously pay superstar Kawhi Leonard in 2021 “It’s not something I would ever believe,” Lasry told CNBC in an exclusive interview. “I’ve always found him to

Former Milwaukee Bucks owner Marc Lasry says he doesn’t believe L.A. Clippers owner Steve Ballmer circumvented salary cap Read More »

Potbelly acquired by convenience-store operator RaceTrac for 6 million

Potbelly acquired by convenience-store operator RaceTrac for $566 million

Business News

Potbelly Sandwich Shop on October 3, 2015 in Louisville, Kentucky. Raymond Boyd Sandwich shop chain Potbelly will be acquired by convenience-store operator RaceTrac in a $566 million all-cash deal, the company announced Wednesday. The deal is expected to close in the fourth quarter of the year. Shares of Potbelly shot up more than 30% following

Potbelly acquired by convenience-store operator RaceTrac for $566 million Read More »

Brazil’s Embraer lands first U.S. order for E2 jets with Avelo Airlines buying 50 planes

Business News

An Embraer SA E190-E2 passenger aircraft stands on display on day two of the Farnborough International Airshow (FIA) 2018 in Farnborough, U.K., on Tuesday, July 17, 2018. Bloomberg | Bloomberg | Getty Images Brazilian airplane maker Embraer has landed its first U.S. sale of its efficient but slow-selling E2 jets with a 50-plane deal from

Brazil’s Embraer lands first U.S. order for E2 jets with Avelo Airlines buying 50 planes Read More »

ESPN inks deal with EverPass Media to bring ESPN+ to bars, restaurants

Business News

EverPass Media has inked a deal with Disney‘s ESPN to distribute live games and other content from its ESPN+ streaming service to bars, restaurants and other commercial establishments in the U.S. The deal bulks up EverPass’ offering of live sports streaming to businesses. EverPass already provides the NFL’s “Sunday Ticket” package, as well as all

ESPN inks deal with EverPass Media to bring ESPN+ to bars, restaurants Read More »

Uber will launch Blade helicopter rides next year through expanded Joby partnership

Technology News

Jakub Porzycki | Nurphoto | Getty Images Uber is tackling a new form of ride sharing: helicopters. The ride hailing company on Wednesday said it will launch Blade helicopter rides on its app as soon as 2026 through its partnership with Joby Aviation, an electric air taxi maker. The announcement comes after Joby in August

Uber will launch Blade helicopter rides next year through expanded Joby partnership Read More »

OpenAI says nonprofit parent will own equity stake in company of over $100 billion

Here’s what Paramount Skydance would be buying in a deal for Warner Bros. Discovery

Warner Bros. Discovery stock is up 25% after report Paramount Skydance is preparing a takeover bid

Alphabet’s Verily covered up HIPAA violations, whistleblower says in lawsuit

Air India CEO says carrier embracing ‘new normal’ of safety focus after deadly crash

Former Milwaukee Bucks owner Marc Lasry says he doesn’t believe L.A. Clippers owner Steve Ballmer circumvented salary cap

Potbelly acquired by convenience-store operator RaceTrac for $566 million

Brazil’s Embraer lands first U.S. order for E2 jets with Avelo Airlines buying 50 planes

ESPN inks deal with EverPass Media to bring ESPN+ to bars, restaurants

Uber will launch Blade helicopter rides next year through expanded Joby partnership

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