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Business

Hyatt Expands Its Empire: A $2.6 Billion Deal to Acquire Playa Hotels & Resorts

Hyatt Hotels Corporation announces a $2.6 billion deal to acquire Playa Hotels & Resorts, aiming to expand its all-inclusive resort portfolio in Mexico and the Caribbean, enhancing...

Business

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

Lyft Inc. is set to launch autonomous robotaxis powered by Mobileye Global Inc.'s technology by 2026, starting in Dallas with plans to expand. Partnering with Marubeni Corporation,...

Business

Sundar Pichai Warns: Missing Out on AI Could Be the Biggest Risk

At the Paris AI summit, Google's CEO Sundar Pichai emphasizes the critical risk of missing out on AI advancements, labeling it as the most significant shift of our lifetime. He cal...

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...