SpaceX to offer insider shares at record-setting $800 billion valuation
Elon Musk on Saturday denied that SpaceX is raising money at a $800 billion valuation without addressing Bloomberg’s reporting on the planned offering of insiders’ shares.
Business
Hegseth likens strikes on alleged drug boats to post-9/11 war on terror, saying Trump can order use of force ‘as he sees fit’
Hegseth dismissed criticism of the strikes, which have killed more than 80 people and now face intense scrutiny over concerns that they violated international law.
JPMorgan CEO Jamie Dimon says Europe has a ‘real problem’
“We need a long-term strategy to help them become strong,” Dimon said. “A weak Europe is bad for us.”
U.S. consumers are so financially strained they put more than $1 billion on buy-now, pay later services during Black Friday and Cyber Monday
BNPL made up for more than 7.2% of total online sales on Cyber Monday.
It’s ‘kind of jarring’: AI labs like Meta, Deepseek, and Xai earned some of the worst grades possible on an existential safety index
Anthropic, OpenAI, and Google DeepMind took the top three spots with an overall grade of C+ or C.
Top analyst says Netflix’s $72 billion bet on Warner Bros. isn’t about the ‘death of Hollywood’ at all. It’s really about Google
“If I were Netflix,” S&P Global’s Melissa Otto told Fortune, “I would want to build a moat around my business.”
Trump administration orders embassies, consulates to prioritize visas for sports fans traveling for World Cup, Olympics
In a series of cables to all U.S. diplomatic missions obtained by the AP, the State Department said certain applications should be at the top of the list.
Piling on Trump DOJ’s legitimacy issues, Letitia James challenges appointment of U.S. attorney suing her
The court hearing focusing on the role of John Sarcone, who is acting as U.S. attorney for northern New York.
Spotify users lamented Wrapped in 2024. This year, the company brought back an old favorite and made it less about AI
Spotify received blowback in 2024 for going all-in on AI at the last minute.
