Amazon in Talks to Acquire Globalstar
Amazon is in talks to acquire satellite company Globalstar, which provides backup texting services for iPhones, the Financial Times reported. The move would bolster Amazon’s efforts to compete with ...
Tesla Vehicle Deliveries Climb 6% Year-Over-Year
Tesla delivered 358,000 vehicles in the first quarter, a 6% year-over-year increase, the company said in a filing on Thursday. Deliveries in the first quarter were still lower than the same periods in...
For Blackstone, Private Credit Fears Miss the Big Picture
Private credit has turned from a growth opportunity to a source of worry for investors that own shares in big asset managers. Anxieties about how the rise of AI could hurt software companies that have...
Alibaba Launches Another Closed-Source AI Model
Alibaba Group’s shift from open-source AI models is becoming more apparent. On Thursday, the Chinese tech giant, which has become a global leader in open-source models in the past two years, launche...
Mixed OpenAI Investor Signals
Four months ago, Sam Altman got testy with one of his own investors, Altimeter Capital’s Brad Gerstner, in a podcast soundbyte heard round the world. “Brad, if you want to sell your shares, I’ll...
Apple Turns 50 Years Old
Apple celebrated its 50th anniversary on Wednesday. Leading up to the date, the company has mounted a full-scale media blitz, giving out numerous executive interviews and putting on big events. On Tue...