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...
Saks Global, the company behind some of the most iconic luxury department stores, is in trouble. Getty Images; Alyssa Powell/BI Saks Global, the company behind some of America's most iconic department...
Sephora uses AI to recommend skincare products. Smith Collection/Gado/Getty Images Major retailers, such as Walmart and Target, are integrating AI into their shopping experiences. Retailers have partn...
Netflix reportedly wants to keep movies in theaters for just 17 days after it buys Warner Bros. In a report from Deadline on the Stranger Thing Season 5 finale, which made $25 million in theaters afte...
📋 Key Facts ✓ ETHZilla liquidated $74.5 million in Ether. ✓ The liquidation was to redeem convertible debt. ✓ T...
📋 Key Facts ✓ TD Cowen stated that added cash strengthens Strategy’s ability to operate through a prolonged crypto winter. ✓ The cash b...
📋 Key Facts ✓ Clarity Act delays triggered $952 million in weekly global crypto ETP outflows. ✓ Global crypto products recorded their f...
📋 Key Facts ✓ Gold and silver have hit record highs due to geopolitical tensions. ✓ US blockade on Venezuelan oil drives up precious me...
📋 Key Facts ✓ Inversion Capital CEO Santiago Roel Santos argues against casino-like features in fintech prediction markets. ✓ These fea...
US President Donald Trump signed an executive order that imposed a $100,000 fee on H-1B visas Demetrius Freeman/The Washington Post via Getty Images Companies are revising their H-1B strategies after ...
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...
Brands including Chili's, Starbucks, and Cracker Barrel have undergone revitalization efforts this year. Getty Images; Tyler Le/BI Many major restaurant chains have been undergoing revitalization and ...
📋 Key Facts ✓ The 2025 Rising Stars of Wall Street include seven professionals from sports, science, and engineering backgrounds. ✓ Lam...
📋 Key Facts ✓ Trump Media acquired 451 Bitcoin for $40.3 million, bringing total holdings to 11,542 BTC worth over $1 billion. ✓ The co...
📋 Key Facts ✓ Benchmark raised Hut 8 price target to $85 ✓ Adjustment follows AI data center deal ✓ Lease pushe...
📋 Key Facts ✓ 60% of Five Below's products are sourced from China, impacted by tariffs. ✓ Company stock rose 85% year-to-date as of...
Toys R Us was one of the dominant toy retailers of the 1990s and early 2000s. Artur Widak/NurPhoto via Getty Images Toys R Us opened pop-up stores at some US malls this holiday season . The retailer h...
📋 Key Facts ✓ iRobot filed for Chapter 11 bankruptcy on December 14 and will be acquired by Picea Robotics. ✓ Founded in 1990 by Colin ...
Juan Barreto/AFP via Getty Images; Mateusz Slodkowski; Alyssa Powell/BI It certainly looks like an insider may have cashed in big by betting on Venezuelan President Nicolás Maduro's American-orchestra...
📋 Key Facts ✓ Biggest corporate crypto treasury bets of 2025 focus on Bitcoin holdings ✓ These plays reveal the spread of MicroStrategy...