by New Posts | Jan 8, 2025 | Business
By Pritam Biswas and Lananh Nguyen(Reuters) -Jefferies Financial’s profit more than tripled in the fourth quarter as the investment bank earned higher fees from advising on deals and underwriting activity remained strong, it reported on Wednesday. Ebullient...
by New Posts | Jan 7, 2025 | Business
NEW YORK (Reuters) – Point72 Asset Management has hired Todd Hirsch, a former senior managing director at Blackstone, to head a new strategy focused on the fast-growing private credit business, according to an internal statement seen by Reuters.Steve Cohen, the...
by New Posts | Jan 7, 2025 | Business
(Reuters) -AI startup Anthropic is in advanced talks to raise $2 billion in a deal valuing the OpenAI rival at $60 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.Venture capital firm Lightspeed Venture Partners is leading...
by New Posts | Jan 7, 2025 | Business
(Reuters) – Paramount Global has renewed its distribution deal with Comcast, the companies said on Tuesday, ensuring the cable systems and services provider continues to offer the media giant’s channels like CBS and Nickelodeon.The deal, terms of which...
by New Posts | Jan 7, 2025 | Business
By Karen Freifeld(Reuters) – A technology industry group on Tuesday urged President Joe Biden’s administration to refrain from issuing a last-minute rule that would control global access to AI chips, warning the restrictions would jeopardize U.S....
by New Posts | Jan 7, 2025 | Business
By Jonathan Stempel(Reuters) – A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with artificial intelligence at the dozens of companies in Warren Buffett’s conglomerate.Tulipshare, an activist investor...
