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The Revenue Rises

Category:

Business

  • Business

    OpenAI closes funding at $157 billion valuation as Microsoft, Nvidia, SoftBank join round

    by admin October 4, 2024
    October 4, 2024

    OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the…

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  • Business

    PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

    by admin October 3, 2024
    October 3, 2024

    PepsiCo said Tuesday that it’s buying Mexican-American food company Siete Foods for $1.2 billion, marking the…

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  • Business

    Microsoft’s mammoth AI bet will lead to over $100 billion in data center leases

    by admin October 3, 2024
    October 3, 2024

    As Microsoft investors get ready for quarterly earnings this month, there’s one particular metric that’s become increasingly…

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  • Business

    East and Gulf coast ports shut down as thousands of workers go on strike

    by admin October 3, 2024
    October 3, 2024

    Tens of thousands of longshoremen went on strike at midnight ET, shutting down major ports…

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  • Business

    Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

    by admin October 1, 2024
    October 1, 2024

    With a potential strike at ports up and down the East Coast and along the…

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  • Business

    Trademark dispute emerges over Tiger Woods’ new logo

    by admin October 1, 2024
    October 1, 2024

    Tiger Woods’ new logo for his Sun Day Red golf apparel line is facing a…

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  • Business

    Sam Altman tells OpenAI staff there’s no plan for him to receive ‘giant equity stake’ in company

    by admin October 1, 2024
    October 1, 2024

    At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied that there are plans for…

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  • Business

    Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams

    by admin September 30, 2024
    September 30, 2024

    Buried in a roughly 200-page quarterly filing from JPMorgan Chase last month were eight words that underscore how contentious…

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  • Business

    Promises of ‘passive income’ on Amazon led to death threats for negative online review, FTC says

    by admin September 28, 2024
    September 28, 2024

    Jamaal Sanford received a disturbing email in May of last year. The message, whose sender…

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  • Business

    Surging AI demand could cause the world’s next chip shortage, research says

    by admin September 27, 2024
    September 27, 2024

    A surge in demand for artificial intelligence-focused semiconductors and AI-enabled smartphones and laptops could lead…

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