Chanel Fashion Chief Pavlovsky Steps Down From the Board
Bruno Pavlovsky stepped down as a director of Chanel on October 8, according to British corporate filings. The change involves his board seat only, and the company said he continues…
Glencore Lists in Sydney Without Raising Money, Betting on Pension Capital
Glencore began trading on the Australian Securities Exchange on Wednesday in the form of chess depositary interests, with no new shares issued and no capital raised. The Sydney line opened…
CoreWeave Shares and Bonds Slide as Default Bets Build
CoreWeave shares closed 15.5 percent lower on Wednesday after falling as much as 16 percent during the session, and the damage was not confined to the equity. The company’s unsecured…
Nvidia-Backed Iambic Therapeutics Raises $150 Million in U.S. Listing
Iambic Therapeutics raised $150 million in a U.S. initial public offering, pricing its shares at the middle of the range it had marketed to investors. The San Diego company sold…
OpenAI to Set Aside Apple Material While Trade-Secret Case Runs
OpenAI agreed on Wednesday to stop using information Apple alleges former employees carried out the door, and to collect forensic images of the devices used by 14 of its employees.…
Apple Closes Above $5 Trillion for the First Time
The number that counts on Wall Street is the one printed at the close, and on October 14 it belonged to Apple. The company finished the session at $342.96, up…
xAI Adds a Voice Model and Holds Its Price at 8 Cents a Minute
The case for putting an AI model on the phone has always been arithmetic, and xAI arrived with the numbers attached to customers that already use it. The company released…
Bank of America Adds 1,000 Contractors to Patch AI-Found Code Flaws
Brian Moynihan had already walked analysts through the quarter. Then he volunteered a cost that does not have a line of its own in the results. Speaking to CNBC on…
Anthropic Tells Investors It Booked $16.8 Billion in Third-Quarter Revenue
Anthropic opened its books to people who might buy its shares, and the numbers on the pages did the talking. The artificial intelligence developer told potential investors on October 15…
Eight States Sue OpenAI Over ChatGPT and Minors
The complaints arrived on the same day, in eight separate courts, filed by eight separate offices that had reached their own conclusions about the same product. Attorneys general from eight…

Amazon’s Bee Adds Two Personal AI Devices Starting at $75
Brussels Prepares Fast Approval for a European Satellite Venture
Disney Will Pay $60 Million a Year for 66 Character.AI Employees
CERN and Mistral Will Train a Physics Model on Collision Data
Salesforce Wins a Tax Authority Contract Worth Up to 2 Billion Pounds
Netflix Replaces Its Content Chief and Cuts Nearly a Thousand Jobs
Apple’s First Foldable Sold Out Its First Run in About 30 Minutes
Waymo Picks Toronto as Its Fourth Market Outside the United States
Google and Brussels Discuss Remedies for a 890 Million Euro Antitrust Bill
Google Adds CNN to Its News Licensing Deals and Passes 400 Partners








