ByteDance Plans $23B AI Spending to Match US Rivals
📋 Key Facts ✓ ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. ✓ The expenditure aims to build AI inf...
Dec 23Financial TimesTechnology
📋 Key Facts ✓ ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. ✓ The expenditure aims to build AI inf...
Thiel Capital, founded by the billionaire tech investor Peter Thiel, opens a new Miami office amid California's proposed wealth tax debate. Marco Bello/Getty Images Thiel Capital opened a new Miami of...
📋 Key Facts ✓ Elliott Hill became Nike's CEO in October 2024 after retiring in 2020. ✓ Nike's revenue declined 10% year over ye...
📋 Key Facts ✓ Northern Data is majority-owned by Tether. ✓ Northern Data sold its Bitcoin mining arm. ✓ The buy...
Palmer Luckey, Ro Khanna, and David Sacks have all posted on X about the wealth tax. Chip Somodevilla/Getty Images; Tom Williams/CQ-Roll Call, Inc via Getty Images; PATRICK T. FALLON/AFP via Getty Ima...
$15 minimum wage signs outside the Capitol Bill Clark/CQ-Roll Call, Inc via Getty Images Minimum wage increased in 19 states on January 1, affecting over 8 million workers. Washington, D.C., leads wit...
📋 Key Facts ✓ YouTuber MegaLag accused Honey of stealing money from influencers via last-click attribution. ✓ Honey allegedly targeted ...
📋 Key Facts ✓ The FDA approved the first-ever GLP-1 pill on Monday. ✓ The pill was developed by Novo Nordisk, a Danish pharmaceutical g...
📋 Key Facts ✓ Northern Data, backed by Tether, sold its bitcoin mining arm to companies run by Tether executives. ✓ The sale happened j...
📋 Key Facts ✓ Deloitte's eight-week review, completed in May, identified fragmented Microsoft 365 tools at Whole Foods causing inefficiencies with Amazon. ...
📋 Key Facts ✓ Alphabet is set to pay $4.75 billion in cash, plus debt, for Intersect Power. ✓ Intersect Power is a data center and clea...
Many leaders I spoke with took non-traditional paths to their current jobs. gradyreese/Getty Images/iStockphoto I spoke to around 80 executives in 2025, over 30 of whom worked at Fortune 500 companies...
📋 Key Facts ✓ Tory Bruno has abruptly resigned as CEO of United Launch Alliance. ✓ He served in the role for 12 years. ...
A RAM (random access memory) chip, commonly used in PCs. HUIZENG HU/Getty Images As AI companies snap up memory chips , smartphone and PC makers face higher costs and tighter supply. IDC projected a 2...
A $400,000 lobster shipment was stolen en route to Costco stores in Illinois and Minnesota. LAUREN OWENS LAMBERT/REUTERS A $400,000 lobster shipment was stolen en route to Costco stores in Illinois an...
Ivan Rodriguez Alba/Getty Images TikTokers have been debating two jobs: $120,000 for fully virtual work, or $240,000 for five days in-person. The debate between virtual, in-person, and hybrid work rag...
📋 Key Facts ✓ Bitmine's Ether holdings exceed 4 million tokens ✓ Total value of holdings is over $12 billion ✓ ...
📋 Key Facts ✓ Digital asset funds saw $952 million in outflows last week ✓ Outflows triggered by US regulatory delays ✓...
📋 Key Facts ✓ Bitcoin price briefly crossed $90,000 from $88,000 during Asian and European trading before retreating. ✓ Futures open in...
Barnes & Noble is among the retailers reportedly opening more stores in 2026. Al Drago/Getty Images Retailers such as Dollar General and Nordstrom Rack plan major store expansions in the US in 2026. S...