‘Draconian development’ in Meta-Manus deal draws the line in China’s AI race with the U.S.
Manus was hailed by Chinese state media as the "next DeepSeek" soon after its launch in March 2025, months before ...
Tag: business news
China blocks Meta’s $2 billion takeover of AI startup Manus
China's state planner on Monday called for Meta to unwind its $2 billion acquisition of Manus, a Singaporean artificial intelligence ...
Saba Capital finds little appetite for tender offer of shares in Blue Owl, Starwood private credit funds
Blue Owl signage outside the Seagram Building at 375 Park Avenue in New York, US, on Thursday, March 12, 2026. ...
Judge in Musk v. Altman seats nine-person jury. Opening arguments start Tuesday
A combination image shows Sam Altman, CEO of OpenAI, during the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, ...
United Airlines CEO confirms he approached American Airlines about merger
United Airlines CEO Scott Kirby (L) and American Airlines CEO Robert Isom listen as U.S. Transportation Secretary Sean Duffy speaks ...
OpenAI shakes up partnership with Microsoft, capping revenue share payments
CEO of OpenAI Sam Altman speaks during the 2026 Infrastructure Summit of government officials, corporate executives, and labor leaders, in ...
This bank CEO let his AI clone handle an earnings call — now he’s signing an OpenAI deal
Sam Sidhu, CEO of Customers Bank.Courtesy: Customers BankNearly half an hour into a conference call on Friday to discuss first-quarter ...
20,000 job cuts at Meta, Microsoft raise concern that AI-driven labor crisis is here
Meta CEO Mark Zuckerberg, left, and Microsoft CEO Satya Nadella.Getty Images | ReutersThe more than 20,000 potential job cuts Meta ...
Risky meme trading is back. A trading rule change may have lit the fuse
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York, on ...
How a new Amazon-backed Hollywood production startup deploys AI for speed and cost-cutting
At a time when Hollywood is torn between fear of artificial intelligence stealing jobs and the pressure to cut costs, ...
