Hundreds of OpenAI employees became millionaires after cashing out $6.6 billion in shares amid the booming AI race.
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Indian-educated veteran to steer EY’s multi-billion dollar financial services sector across the Americas.
SoftBank lowers OpenAI-backed margin loan target to $6 billion amid investor concerns over AI valuations and debt exposure.
Mamdani announces historic $31 million penalty against NYC landlords over severe housing violations, unsafe conditions, and tenant neglect.
AirAsia signs $19 billion Airbus A220 jet deal, expanding Asian routes despite rising fuel costs and aviation market uncertainty.
Apple settles $250M lawsuit over misleading AI claims in iPhones, compensating buyers while denying wrongdoing amid rising pressures.
Parag Agrawal’s Parallel Web Systems secures $100M Series B, reaching $2B valuation, signaling rapid growth in AI infrastructure market.
Saikat Chaudhuri, Anoop Rao, Vivek Subbiah and Akshay Chaudhari set for promotions.
U.S. FinTok users spent 416 hours in 2025 as misleading trading content and risky advice spark growing financial concerns.
US offers $10 million reward for KSS leader al-Saraji amid crackdown on Iran-aligned Iraqi militias operations
Nike cuts 1,400 jobs globally as tech teams face layoffs amid slowing sales, restructuring efforts and growing competitive market pressure.
U.S. President Donald Trump proposes $1 billion to restore Great Salt Lake amid toxic dust and water crisis
Meta plans 8,000 layoffs in May as company redirects resources toward artificial intelligence and efficiency goals
The proposed Paramount-Warner merger raises concerns over jobs, creativity, and New York’s economy amid political scrutiny.
Netflix announces $25B buyback after abandoning Warner Bros Discovery bid, signaling shift toward shareholder returns, financial discipline
AI disruption fears hit software stocks as IBM and ServiceNow results trigger sector selloff while chipmakers surge
Shareholders weigh Warner Bros. Discovery-Paramount deal amid governance concerns, compensation debate, and industry shake-up.
AI infrastructure provider VAST Data said on Wednesday that it was valued at $30 billion in its latest funding round
Redwood Materials cuts 10% workforce amid restructuring despite $6 billion valuation citing shift toward energy storage growth strategy
Defendants inflated iLearningEngines’ revenue by hundreds of millions of dollars through sham contracts.
The House Ethics Committee weighs penalties for Rep. Cherfilus-McCormick following a $5 million federal campaign finance fraud probe.
It looks like the United Arab Emirates (UAE) may be having financial problems amid the Iran war
American Airlines rejects a United merger, citing antitrust concerns, causing a 4% stock drop amid monopoly fears.
U.S. importers can now claim $166 billion in tariff refunds following a Supreme Court ruling against Trump’s IEEPA duties.
Senate Republicans clash over scope of $75 billion immigration bill as deadlines and internal divisions threaten passage timeline