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Elon Musk's $97.4 Billion Bid for OpenAI: CEO Sam Altman Responds with Defiance

OpenAI CEO Sam Altman denies receiving any official bid from Elon Musk for a $97.4 billion takeover, asserting the company's resilience against attempts to undermine its progress a...

Business

Elon Musk's $97.4 Billion Bid for OpenAI: What We Know So Far

OpenAI CEO Sam Altman denies receiving any official bid from Elon Musk, amidst reports of a $97.4 billion offer. Altman criticizes Musk's tactics as attempts to undermine OpenAI's ...

Business

AIG's Stunning Q4 Comeback: Net Income Jumps 950% to $898M

AIG reports a stunning 950% increase in Q4 net income to $898M, with significant growth in net income per share and investment income. CEO highlights strategic achievements and fin...

Business

Coca-Cola Surpasses Expectations with a 6% Revenue Increase to $11.5B in Q4

Coca-Cola announced a 6% increase in Q4 2024 revenue to $11.5 billion, exceeding expectations. Net income rose by 11% to $2.2 billion, with EPS up 12%. The company's all-weather st...

Business

JPMorgan Payments Partners with Klarna to Revolutionize Buy Now, Pay Later Options

Klarna Bank AB and JPMorgan Chase & Co. have partnered to integrate Klarna's Buy Now, Pay Later solutions into J.P. Morgan Payments' platform, offering more flexible financing opti...

Business

Apple Partners with Alibaba Over DeepSeek for Enhanced AI Features on iPhones in China

Apple Inc. has chosen Alibaba over DeepSeek to develop AI features for iPhones in China, leveraging Alibaba's extensive consumer data. This move aligns with Chinese regulations and...

Business

Intel's Stock Soars 10% Following Vice President Vance's AI Infrastructure Commitment

Intel's shares jumped 10% following Vice President JD Vance's speech on the U.S. commitment to leading in AI infrastructure and protecting the semiconductor sector from foreign thr...

Business

Disney Revamps DEI Strategy: A Shift Towards Business-Centric Diversity Initiatives

The Walt Disney Company is modifying its DEI programs to focus more on business outcomes, replacing the "Diversity & Inclusion" performance factor with "Talent Strategy" in executi...