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...
📋 Key Facts ✓ Apollo is cutting risks to prepare for market turmoil. ✓ The firm is stockpiling cash reserves for liquidity. ...
📋 Key Facts ✓ TD Cowen stated that added cash strengthens Strategy’s ability to operate through a prolonged crypto winter. ✓ The cash b...
📋 Key Facts ✓ The Department of Education removed the partial financial hardship requirement for IBR plans on December 22. ✓ Higher-inc...
📋 Key Facts ✓ Uber and Lyft to test Baidu robotaxis in London next year ✓ The initiative joins Waymo's robotaxi efforts ...
📋 Key Facts ✓ Clare Lane purchased two pairs of leggings online. ✓ She accidentally signed up to a subscription during the purchase. ...
📋 Key Facts ✓ Argentina’s libertarian leader Javier Milei seeks tax and labour overhaul after midterm victory ✓ Milei’s ‘chainsaw’ mini...
📋 Key Facts ✓ Resolve AI, founded by ex-Splunk executives, achieves $1 billion valuation ✓ Series A funding round values the startup at...
📋 Key Facts ✓ Northern Data, backed by Tether, sold its bitcoin mining arm to companies run by Tether executives. ✓ The sale happened j...
The author (left) had to care for her mother's finances after a dementia diagnosis. Courtesy of Ala Landin My mother saved for retirement but did not account for health issues such as her dementia dia...
📋 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...
📋 Key Facts ✓ Paramount amended its WBD bid with a guarantee of Larry Ellison backing. ✓ The bid was not increased on Monday. ...
📋 Key Facts ✓ Northern Data is majority-owned by Tether. ✓ Northern Data sold its Bitcoin mining arm. ✓ The buy...
📋 Key Facts ✓ Ghana has legalized cryptocurrency trading with a new law. ✓ Plans to explore asset-backed digital settlement instruments...
📋 Key Facts ✓ Deloitte's eight-week review, completed in May, identified fragmented Microsoft 365 tools at Whole Foods causing inefficiencies with Amazon. ...
📋 Key Facts ✓ Warner Bros. Discovery (WBD) shareholders must weigh pros and cons of tendering shares to Paramount. ✓ The tender offer i...
📋 Key Facts ✓ Justin Sun accumulated $175 million worth of Trump-backed token projects. ✓ Sun has been blacklisted despite his investme...
📋 Key Facts ✓ Wendy Rogers, an Arizona state lawmaker, proposed two bills and one resolution. ✓ The proposals aim to allow Arizona vote...