Browsing: Business
Cloudflare is axing more than 1,100 employees in a worldwide bloodbath as the San Francisco tech giant dramatically restructures. Founders told staff that the company’s internal use of artificial intelligence…
SpaceX’s looming IPO is set to mint more new billionaires than any liquidity event in history. Its Nasdaq listing in June could exceed $2 trillion, making it the largest company…
The Post’s parent company News Corp reported better-than-expected quarterly earnings on Thursday, driven by growth in its Dow Jones, digital real estate and book publishing divisions. The New York-based media…
Ken Griffin, the billionaire chief of the Citadel Investment empire, recently expressed his amazement at how President Donald Trump has had the fortitude to survive multiple assassination attempts while still…
OAKLAND, CALIF. — Former OpenAI board member Helen Toner shed new light on just how close the company came to a shotgun merger with arch-rival Anthropic in the chaotic aftermath…
Coinbase chief executive Brian Armstrong informed employees in an early morning message Tuesday that the cryptocurrency exchange would eliminate roughly 14% of its workforce — about 700 jobs — as…
A ring of elite corporate lawyers were accused of illegally trading on inside info about blockbuster deals over a decade, using a bizarre code that referred to one merger as…
Federal investigators are probing at least four suspiciously timed oil trades worth more than $2.6 billion that were placed just minutes before major announcements about the Iran war sent crude…
McDonald’s on Thursday reported surprisingly upbeat quarterly earnings and revenue, but CEO Chris Kempczinski — who recently went viral for his weirdly timid nibble of his own company’s burger —…
Ted Turner made sure CNN would never go quietly. The late media mogul — who died Wednesday at 87 — secretly commissioned a chilling “doomsday video” decades ago that was…