Elon Musk becomes first person worth $700 billion following pay package ruling
Dec 20 (Reuters) – Tesla CEO Elon Musk’s net worth surged to $749 billion late Friday after the Delaware Supreme…
Exclusive-Trump appointee inspired by conservative media outlet to push for probe of Democratic congressman
By Chris Prentice and Marisa Taylor NEW YORK/WASHINGTON, Dec 20 (Reuters) – A mortgage fraud probe of a Democratic congressman…
Explainer-What is so special about TikTok’s algorithm?
By Eduardo Baptista BEIJING, Dec 20 (Reuters) – The content recommendation algorithm that powers the online short video platform TikTok…
Fed seeks feedback on limited ‘payment accounts’ for some firms
WASHINGTON, Dec 19 (Reuters) – The U.S. Federal Reserve announced Friday it was seeking feedback on establishing limited “payment accounts”…
OpenAI discussed raising tens of billions at about $750 billion valuation, the Information reports
Dec 17 (Reuters) – OpenAI has held preliminary talks with some investors about raising funds at a valuation of around…
Elliott’s $1 billion bet on Lululemon fans hopes of a revival
By Savyata Mishra and Neil J Kanatt Dec 18 (Reuters) – Elliott Management’s $1 billion bet on Lululemon and a…
Mexico antitrust body says Google cannot impose use of Android on mobile device manufacturers
MEXICO CITY, Dec 18 (Reuters) – Mexico’s antitrust commission said on Thursday it had resolved a case over a lack of…
Hogan Lovells and Cadwalader plan merger to create law firm with $3.6 billion in revenue
By Sara Merken NEW YORK, Dec 18 (Reuters) – Global law firm Hogan Lovells and New York-based Cadwalader, Wickersham &…
Netflix says its position on deal with Warner Bros Discovery unchanged
Dec 15 (Reuters) – Netflix’s decision to acquire assets from Warner Bros Discovery has not changed, its co-CEOs Greg Peters…
Exclusive-Nasdaq seeks to extend trading hours, as Wall Street gears up for 24/7 move
NEW YORK, Dec 15 (Reuters) – Nasdaq, one of the world’s largest exchanges that is home to tech companies Nvidia,…