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Business News

Paramount Leadership Alludes to Layoffs If Merger Does Not Go Through

Paramount is awaiting approval on its merger with Skydance Media from majority shareholder Shari Redstone.

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.

Business News

ChatGPT Users Report Mass Outage, OpenAI Says It's 'Investigating'

ChatGPT's outage was first reported early Tuesday morning.

Business News

An Internal Google Database Tracking Years of Privacy and Security Issues Was Just Leaked to the Public

Though Google kept its information private, the company says it resolved all the issues.

Business News

Meta's AI Chief Is in the Middle of a Public Clash With Elon Musk: 'Secrecy Hampers Progress'

Meta AI chief Yann LeCun and Elon Musk have been going back and forth on X, formally Twitter, for a week.

Business News

These CEOs Have the Biggest Pay Packages in the U.S., According to a New Report

Who are these high-earning CEOs? Broadcom CEO Hock E. Tan tops the list with a pay package of about $162 million.

Business News

NYSE Confirms a 'Technical Issue' Caused Berkshire Hathaway to Drop 99.9% on Monday

At least 40 stocks were impacted, and many were still halted on Monday afternoon.

Business News

Poppi Soda Faces Class Action Lawsuit Alleging It's Not as Healthy as Promised: 'Basically Sugared Water'

Poppi founders Allison and Stephen Ellsworth scored a deal on Season 10 of "Shark Tank" with Rohan Oza, who offered the couple $400,000 for a 25% stake.