OpenAI’s Acquisition of Jony Ive’s io: Implications and Vision
OpenAI is acquiring Jony Ive’s device startup, a young company called io, in an all-stock deal valued at roughly $6.5 billion, marking OpenAI’s largest-ever acquisition.
The...
Blackstone Makes $11.5 Billion Bet on the Southwest Power Grid
Blackstone Infrastructure has agreed to take TXNM Energy private for $61.25 a share in cash, valuing the New Mexico- and Texas-based utility at roughly...
First Easing of The 2025 US-China Trade War
After a long weekend of marathon talks in Geneva, US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer stood beside China’s vice-premier...
Warren Buffett Plans to Retire This Year
Warren Buffett, one of the worlds most successful investors and also among the ten richest people in the world, says he plans to retire...
Semiconductors and Pharma Face Pressure: Trump’s Latest Tariff Focus
President Trump’s latest round of tariff announcements have shaken markets again. First, he paused duties on certain consumer electronics.
Now he’s shifting his focus...
US Pulls Back Tariffs on Phones, Laptops, and Other Electronics
Relief for tech giants. But the story isn’t over.
The Trump administration has exempted smartphones, computers, and a range of other electronics from its harshest...
Wall Street Rallies But Markets Are Still Shaking
It's the end of what can only be called an incredibly tumultuous week for markets (not just in the US, but worldwide).
The S&P 500...
UPS fails to deliver orders on time
Irate customers all across the US are complaining about UPS and FedEx failing to deliver orders on time.
The companies are saying that the volume...
Proposal to divide California into six states – Six Californias
Should California be divided into six different states? Yes says venture capitalist Tim Draper - who has started a proposal called "Six Californias".
According to...
Amazon sold 426 products per second on Cyber Monday
This holiday season was a record (in terms of sales) for the online shopping giant Amazon as "millions of customers unwrapped Kindle e-readers and...