Trump’s U.S. Steel Golden Share Raises Investor Concerns
An unusual move by the Trump administration to secure a golden share in U.S. Steel as part of Nippon Steel’s proposed $14.9 billion acquisition is [more…]
SoftBank Plans $4.9B T-Mobile Share Sale
Japan’s SoftBank Group is looking to raise nearly $4.9 billion through an unregistered overnight block sale of T-Mobile shares, according to a report from Bloomberg [more…]
US Stocks Slide as Israel-Iran Conflict Escalates
US stock markets tumbled on Friday as renewed military conflict between Israel and Iran rattled investors and fueled a global flight to safety. Rising geopolitical [more…]
Fed Poised to Hold Rates, Clashing With Trump’s Demands
The Federal Reserve is expected to keep interest rates steady at its upcoming policy meeting, despite mounting pressure from President Donald Trump for aggressive cuts. [more…]
BlackRock Targets $400B in Private Markets by 2030
Growth Strategy Focused on Private Markets, Technology & ETFs BlackRock is aiming for substantial growth by focusing on higher multiple, less market-sensitive products such as [more…]
WhatsApp Challenges UK Order for Apple to Build Backdoor
WhatsApp’s Legal Challenge to UK Home Office Mark Zuckerberg’s WhatsApp has intervened in a case challenging the UK Home Office’s attempt to force Apple to [more…]
Rampant Financial Aid Fraud Linked to AI and Identity Theft
Rising Threat of AI-Driven Financial Aid Scams As AI technology and online education proliferate, financial aid fraud has surged, creating a significant challenge for the [more…]
Getty Images vs Stability AI: Landmark Copyright Lawsuit
Introduction to the Case Getty Images has filed a landmark copyright lawsuit against artificial intelligence company Stability AI at London’s High Court. Getty accuses Stability [more…]
Federal Reserve Vice Chair Plans to Ease Bank Oversight
The Federal Reserve’s new top regulatory official, Michelle Bowman, has outlined an ambitious agenda to review and ease numerous bank rules and oversight policies, which [more…]
AI Model Scores Well on Law School Exams, Study Shows
The latest generation of generative artificial intelligence has proven capable of acing law school final exams, according to a recent study. OpenAI’s new model, called [more…]
