This story incorporates reporting from The Financial Times, New York Post, The Australian Financial Review, Business Insider, Business Insider and Bloomberg L.P..SoftBank, the Japanese multinational conglomerate,
Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.
Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker. Here’s a thing you can do:
Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
Asian stocks rose and currencies edged higher as traders digested a rate pause by the Federal Reserve and shifted focus to a pair of central bank speeches taking place in the region.
The DeepSeek drama may have been briefly eclipsed by, you know, everything in Washington (which, if you can believe it, got even crazier Wednesday). But rest assured that over in Silicon Valley, there has been nonstop,
Meta CEO Mark Zuckerberg is said to be eyeing a mansion in Washington, D.C., according to Financial Times. This possible move is seen as a sign of his ambition to work more closely with the Trump administration on key issues like artificial intelligence (AI) regulation.
Nick Leeson went from being a symbol of everything that is wrong with financial markets to investigating the kind of misconduct he became famous for.
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
DAZN posted operating losses of $830 million for 2023, raising further question marks over the financial sustainability of the sports streaming giant. Year-on-year, DAZN is posting losses. The Financial Times reported that,
OpenAI has alleged that DeepSeek stole data from the company to train its R1 AI model and used a special technique to mask its tracks.
Gimme Credit today announced the appointment of Jodi Lin Gresham as Chief Communications Officer, effective immediately. Gresham brings a wealth of experience in Media Relations, Marketing and Branding to the role,