Business news
- Trump greenlights Nvidia H200 AI chip sales to China, says Xi responded positively - TechTrump greenlights Nvidia H200 AI chip sales to China, says Xi responded positivelyPublished Mon, Dec 8 20254:40 PM ESTUpdated 6 Min AgoKevin Breuninger@Kevi
- Here's what to expect in Paramount's quest to elbow out Netflix and buy Warner Bros. Discovery - Paramount's all-cash tender offer sets up a potentially months-long battle with Netflix to convince WBD shareholders which bid is best.
- Pressure builds on Apple and CEO Tim Cook with holiday executive shakeup - Apple has seen extraordinary turnover in its top ranks over just the past week.
- Comcast president outlines unsuccessful WBD offer and future of NBC's Peacock - Comcast made multiple offers for Warner Bros. Discovery's streaming and studio assets before Netflix was deemed the winning bidder.
- Tiger Global launches new fund eyeing between $2 billion and $3 billion as it takes more disciplined approach - Tiger first invested in OpenAI in 2021 at a valuation of less than $16 billion and in Waymo that same year at $39 billion.
- Paramount Skydance launches hostile bid for WBD after Netflix wins bidding war - Netflix won a bidding war for the Warner Bros. film studio and HBO Max streaming service, but it doesn't plan to buy WBD's TV networks.
- IBM acquiring Confluent in $11 billion all-cash deal - IBM will pay $31 per share in cash for all of the issued and outstanding common shares of the Confluent.
- Berkshire Hathaway's Todd Combs, investment lieutenant to Buffett and Geico CEO, is leaving for JPMorgan - MarketsBerkshire Hathaway's Todd Combs, investment lieutenant to Buffett and Geico CEO, is leaving for JPMorganPublished Mon, Dec 8 20256:04 AM ESTJohn Melloy@j
- BlackRock bets on ‘pick and shovel’ trade, singling out clear winners in AI spending spree - Powell noted that leading tech firms have only begun to tap debt markets to fund the next phase of AI expansion, suggesting additional capital is on the way.
- Ray Dalio says Middle East is becoming a 'Silicon Valley of capitalists’ - The UAE and Saudi Arabia have this year launched multibillion-dollar initiatives to build cloud, data centers and other AI infrastructure.