For most of American economic history, the federal government has been a customer of innovation, not…
Tag: billion
Jeep, Ram parent Stellantis announces $70 billion change
When Antonio Filosa first took the helm of Stellantis a year ago, he inherited a mess…
$30 billion Twilio CEO wakes at 4:30 a.m., works Sundays and runs laps in his house between meetings
For most 20-something-year-olds fresh out of college, 4:30 a.m. is when the night ends, after a…
NextEra’s $67 billion Dominion takeover creates world’s largest utility to win the AI power surge
NextEra Energy’s massive $67 billion deal to acquire Virginia-based Dominion, announced on May 18, will effectively…
Buffett Cash Hoard: Why $397 Billion Sits On The Sidelines
Buffett Cash Hoard: Why $397 Billion Sits On The Sidelines#Buffett #Cash #Hoard #Billion #Sits #Sidelines
Prosus targets $3.6bn billion from Just Eat sales in Euro push
Prosus NV is targeting $3.6 billion in revenue from Just Eat Takeaway.com in a year as…
CBO: US Treasury has paid $3 billion a day to service $39 trillion debt in 2026
The U.S. Treasury has paid $628 billion in net interest this year to service its borrowing,…
A $2 billion tech firm is halting 401k contributions for staff
Most companies cutting costs in 2026 have reached for the same lever: headcount. One customer experience…
Elon Musk called Anthropic ‘evil’ 3 months ago. Now he’s taking $4 billion to become its landlord
Three months ago, Elon Musk wrote on X that Anthropic was “evil,” “misanthropic,” and that the…
Treasury expected to borrow $2 trillion this year—more than $166 billion every month
The U.S. Treasury will likely have borrowed more than $2 trillion by the end of the…
Supermicro CEO: ‘No one’ beyond indicted employees were part of alleged $2.5 billion chip smuggling
Super Micro Computer CEO Charles Liang spoke out during the company’s fiscal third quarter earnings call…
GameStop making $56 billion offer to acquire eBay, WSJ says
GameStop Corp. will offer $125 in cash and stock per eBay Inc. share in a takeover…
Supermicro—accused of smuggling $2.5 billion in Nvidia chips to China—has been here before, in Iran
Supermicro has spent the past three years riding the AI wave in Silicon Valley but before…
Wind energy exec says company ‘must adapt’ as Trump offers $2 billion to kill offshore wind projects
As the Trump administration considers shelling out billions to shutter offshore wind projects, energy executives are…
How AstraZeneca’s 17,000 AI-certified employees are helping it reach an $80 billion ‘stretch goal’
Good morning. AstraZeneca’s AI strategy has moved well past the exploration phase as upskilling employees became…
The $665 billion question: Will Big Tech’s AI gamble pay off?
Good morning. And you thought the dollar figures being tossed around by the big banks this…