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Business

UBS CEO Sergio Ermotti Declares China as the Unstoppable Engine of Global Growth

UBS CEO Sergio Ermotti emphasizes the importance of China and Hong Kong as key growth markets for UBS, highlighting the bank's significant profits and strategic focus on Asia for f...

Business

Elon Musk and Investors Make Historic $97.4 Billion Bid to Acquire OpenAI

Elon Musk, along with a group of investors, has made a $97.4 billion offer to acquire OpenAI, aiming to return it to its open-source, safety-focused roots. This move is supported b...

Business

Sam Altman Counters Elon Musk's Offer with a Bold $9.74 Billion Proposal for X Corp

OpenAI CEO Sam Altman counters Elon Musk's $97.4 billion bid for OpenAI with a $9.74 billion offer to acquire X Corp, as reported on social media platform X and by The Wall Street ...

Business

Elon Musk Dubs OpenAI CEO Sam Altman 'Scam Altman' Amid Acquisition Drama

Elon Musk labels OpenAI CEO Sam Altman as 'Scam Altman' after a rejected acquisition offer, leading to a public exchange of words and a counter-offer to buy Twitter.

Business

MicroStrategy Expands Bitcoin Portfolio with a $742.4 Million Investment in 7,633 Bitcoins

MicroStrategy Incorporated, now known as Strategy, has significantly expanded its Bitcoin portfolio by acquiring an additional 7,633 Bitcoins for $742.4 million, reinforcing its co...

Business

Hyatt Announces $2.6 Billion Acquisition of Playa Hotels to Expand in Mexico and the Caribbean

Hyatt Hotels Corporation has agreed to acquire Playa Hotels & Resorts N.V. for approximately $2.6 billion, including debt, to expand its footprint in Mexico and the Caribbean. This...

Business

Lyft to Revolutionize Urban Mobility with Mobileye-Powered Robotaxis by 2026

Lyft Inc. is set to transform urban transportation by launching Mobileye-powered robotaxis by 2026, starting in Dallas. Partnering with Marubeni Corporation for fleet management, L...

Business

Sundar Pichai Warns of Missing Out on AI: A Once-in-a-Generation Opportunity

Alphabet Inc. CEO Sundar Pichai warns of the significant risk of missing out on AI's transformative potential, describing it as a once-in-a-generation opportunity to revolutionize ...