Meta shares hit record high after US appeals court upholds TikTok ban
By Chibuike Oguh NEW YORK (Reuters) – Shares of Facebook-owner Meta Platforms hit a record high on Friday after a…
Category: Business
Musk’s xAI raises around $6 billion in equity financing
(Reuters) -Elon Musk’s artificial intelligence startup xAI said on Thursday it has raised around $6 billion in equity financing as…
Lilly invests $3 billion to expand Wisconsin plant as obesity drug demand soars
By Patrick Wingrove (Reuters) – Eli Lilly said on Thursday it will invest $3 billion to expand the manufacturing plant…
OpenAI launches $200 ChatGPT subscription for research use
(Reuters) – OpenAI on Thursday launched a version of its popular chatbot ChatGPT priced at $200 per month, which can…
GameStop shares jump as cryptic ‘Roaring Kitty’ post sparks retail interest
(Reuters) – GameStop’s shares jumped on Thursday after a cryptic post from meme stock influencer Keith Gill, who shot to…
Trump’s crypto advocacy steers businesses away from traditional treasury assets
By Niket Nishant and Bhanvi Satija (Reuters) – U.S. President-elect Donald Trump’s pro-crypto stance is prompting small businesses to allocate…
Chipotle Mexican Grill lifts menu prices as input costs rise
(Reuters) – Chipotle Mexican Grill said on Wednesday it has raised menu prices by about 2%, as the burrito chain…
Software startup ServiceTitan seeks up to $5.2 billion valuation in US IPO
By Arasu Kannagi Basil and Jaiveer Shekhawat (Reuters) -Software startup ServiceTitan is seeking a valuation of up to $5.16 billion…
Mastercard reaches ‘agreement in principle’ to settle mass UK fees case
LONDON (Reuters) – Mastercard has reached an agreement in principle to settle a collective London lawsuit brought on behalf of…
TPG explores $1.5 billion-plus sale of gym chain Crunch Fitness, sources say
By Abigail Summerville NEW YORK (Reuters) – Buyout firm TPG is weighing a potential sale of Crunch Fitness that could…