$25B Investor: AI Cycle Extends Beyond Chips
📋 Key Facts ✓ Diameter Capital Partners manages approximately $25 billion in assets. ✓ The firm invested in unsecured debt of a midsize...
Dec 22Business Insidereconomics
📋 Key Facts ✓ Diameter Capital Partners manages approximately $25 billion in assets. ✓ The firm invested in unsecured debt of a midsize...
Rippling's CPO said he prefers to understaff than overstaff all his projects. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images Rippling's product chief Matt MacInnis says he deli...
📋 Key Facts ✓ ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. ✓ The expenditure aims to build AI inf...
Delivering food or driving passengers for Uber isn't the only type of gig work anymore. PIROSCHKA VAN DE WOUW/REUTERS Gig work has never been more widespread — and more challenging. Over the pas...
📋 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...
📋 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...
The time it takes to save for a home down payment fell to about seven years in 2025. TrongNguyen/Getty Images The time to save for a typical home down payment has dropped to seven years in 2025. While...
Justin Howells, Target's group vice president for Pacific Northwest stores. Matt Hage/AP Content Services for Target Target is getting a new CEO in the New Year — one who started with the compan...
Mark Cuban Tom Williams/CQ-Roll Call, Inc via Getty Images Mark Cuban said new graduates should set their sights on working in small to medium businesses. The billionaire said new grads can help SMBs ...
📋 Key Facts ✓ Tory Bruno has abruptly resigned as CEO of United Launch Alliance. ✓ He served in the role for 12 years. ...
📋 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 ✓...
Nvidia founder and CEO Jensen Huang is the face of the company supplying chips to many of the companies in the AI arms race. Woohae Cho/Getty Images If you've heard about AI, you're probably familiar ...
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...
California-based Grocery Outlet has opened more stores in the Eastern US over the past few years. Alex Bitter/BI Grocery Outlet is opening new stores, especially in the Eastern US. The chain touts its...