EU approves Paramount’s $110 billion Warner Bros. takeover—despite pushback in the U.S.
A federal judge paused the merger, ruling states had raised “serious questions” about antitrust law.
Ty Roush, Forbes Staff
Mark Zuckerberg overtakes Michael Dell as 5th richest amid Dell selloff
The hardware firm’s stock has cooled since skyrocketing to an all-time high last month.
Alphabet rally boosts Google cofounder fortunes by $15 billion
A new AI chip from Google’s parent company could reportedly be up to 10 times more energy-efficient.
Chinese AI startup Moonshot unveils Kimi K3 Model—Will it challenge OpenAI and Anthropic?
The Chinese startup called its AI model the “new frontier of intelligence.”
Apple briefly unseats Nvidia as world’s largest company
The iPhone maker is once again the world’s largest company by market value.
IBM shares crashed 25% in worst day ever. Here’s why
“What played out was worse than our expectations,” CEO Arvind Krishna warned investors.
AI model wars: Anthropic extends Fable access again after OpenAI’s Sol release
Anthropic extended access for Claude Fable 5 for subscribers for the second time in a week, an apparent response to the launch of OpenAI’s latest ChatGPT model—which the rival firm claims sets a “new standard”—following Fable’s turbulent debut overshadowed by its clash with the U.S. government.
Larry Ellison’s net worth plunges $100 billion amid Oracle slide
The Oracle chairman ranked the world’s second-richest person earlier this month.
Bitcoin hits 21-month low as expiring Crypto bets threaten more selling
The world’s leading cryptocurrency has lost more than half its value since peaking last fall.
Elon Musk’s net worth drops $350 billion in massive SpaceX selloff—but he’s still a trillionaire
A selloff for Musk’s rocket maker wiped out roughly $900 billion in market value.