Business
Read the full letter of intent Elon Musk’s lawyer sent to OpenAI this week
Elon Musk and a group of investors made a $97.4 billion offer for the AI startup this week. Read More
Elon Musk’s $97.4 billion OpenAI bid to be ‘one hundred percent’ in cash, requests access to company records — letter of intent
The official letter of intent was filed in a federal California court on Wednesday. Read More
DOGE—tasked with trimming federal spending—has more than doubled its budget already, disclosures show
The group’s funding grew from $750,000 to $6.75 million and then $14.4 million in less than two weeks. Read More
‘No signs of slowing’: US egg prices soar as avian flu rips across farms
Wholesale prices have doubled over the past year as culls to stop spread of virus prompt shortages and rationing
Trump wants lower interest rates to go ‘hand-in-hand’ with tariffs, but yields are soaring after inflation data came in hot
Wall Street is reckoning with the possibility the Federal Reserve will stand down on rate cuts this year. Read More
Trump just made his boldest move yet in an attempt to cut down the federal workforce
Everything you need to know about an executive order trying to put the Department of Government Efficiency in charge of ...
Goldman Sachs gobbles up Bitcoin and Ethereum as crypto ETF holdings soar past $2 billion
The investment bank isn’t the only Wall Street titan gobbling up crypto. Read More
The new AI arms race
America and China are vying for dominance, while Europe tries to compete
Informatica CEO: How AI agents could find their way into most businesses—just as PCs did
Widespread adoption of AI agents will be driven by advances in GPUs, algorithms, and domain-specific data. Read More
Grimes rips Elon Musk for parading around their four-year-old during Trump’s press conference: ‘He should not be in public like this’
Grimes and Musk’s son X Æ A-Xii or “Lil X” often accompanies his father during important meetings. Read More
Why Argentina is back in love with the peso — for now
Despite Javier Milei’s pledge to dollarise the economy, the national currency is having a resurgence
French President Macron denounces Trump’s Gaza takeover plan: ‘The right answer is not a real estate operation’
President Donald Trump wants to remake Gaza into the “Riviera of the Middle East,” and he wants Jordan and Egypt ...
Chevron to slash up to 20% of its workforce
US oil major is seeking to cut billions of dollars in costs
Treasury fears UK watchdog will give it little credit for pro-growth reforms
Chancellor Rachel Reeves is braced for a steep downgrade by the Office for Budget Responsibility to its forecasts for output
CIOs are allured by DeepSeek’s promise of lower costs. What’s next is evaluating data privacy and regulatory challenges
CIOs and CTOs laud the healthy competition from DeepSeek’s latest low-cost AI model, even as they sort through data privacy ...
A Steve Jobs–signed business card is up for auction and the price has already hit $75,000
And it’s going to go a lot higher. Read More
US to release Russian in exchange for freed American teacher Marc Fogel
Alexander Vinnik is in custody on money-laundering charges
From Google to Goldman Sachs, here are the top U.S. companies backtracking on diversity initiatives after capitulating to Trump’s war on DEI
Corporate America embraced diversity, equity and inclusion initiatives following the protests that accompanied the police killing of George Floyd in 2020. ...
The Boomer housing crisis is pacing to get even worse: ‘We’ve never had a population pyramid that looks like this’
Developers are not responding to heightened demand when it comes to senior housing. Many retirees are set to face waitlists ...
Duolingo offers a master class in how to kill off a company mascot
“Tbh, he probably died waiting for you to do your lesson, but what do we know.” Read More
Bret Taylor faced off against Elon Musk in the Twitter takeover drama. As OpenAI chair, he now has to do it again
The mild-mannered entrepreneur finds himself at the center of an Elon Musk takeover drama for the second time. Read More
Trump says US and Russia to start talks on Ukraine war ‘immediately’
President says he has instructed his team to begin negotiations on ending conflict
The U.S. just hit its lowest score ever on an international corruption measure
The Corruption Perceptions Index ranks 180 countries across a myriad of anti-corruption metrics. Read More
Return to pre-2014 Ukraine borders ‘unrealistic’, says US defence secretary
Donald Trump has vowed to end the almost three-year-long war as soon as possible
Pete Hegseth says Ukraine joining NATO is ‘unrealistic’ and demands member nations take responsibility for their own security: ‘The United States will no longer tolerate an imbalanced relationship’
Hegseth said Ukraine’s Western backers must abandon the “illusionary goal” of returning the country to its pre-2014 borders. Read More
Rate cuts put on ice as consumer inflation surges to a 9-month high
“We’re really not making progress on inflation right now,” said one economist. Read More
Some people are obsessed with Papa John’s buttery garlic dipping sauce, so the chain is introducing a limited-edition bath bomb based on the condiment
Valentine’s Day is going to be a bit…stinky. Read More
A 78-year-old pilot was killed after the landing gear on his private jet failed. His wife says he died doing what he loved
Joie Vitosky was certified as a flight engineer since 1978 and a pilot since 2019. Read More
Trump’s small business department fired staff and said it was an accident—then emailed the next day re-firing them
Probationary staffers reportedly received a series of emails relating to terminations amid widespread headcount cuts in department agencies. Read More
Exclusive: Legal AI startup Harvey lands fresh $300 million in Sequoia-led round as CEO says on target for $100 million annual recurring revenue
The three-year-old San Francisco AI startup fetched a $3 billion valuation — double the amount investors valued it at in ...
