Category: Finance News
Jared Kushner suddenly emerges in the Warner brawl between Paramount and Netflix, backed by Saudi billions and fresh off brokering another megadeal
Trump’s son-in-law is emerging as a central conduit for Gulf money moving into American media, and they’re backing the Ellisons and Paramount.
Baby boomers have now ‘gobbled up’ nearly one-third of America’s wealth share, and they’re leaving Gen Z and millennials behind
American septuagenarians hold more than $85 trillion in assets—by far the most of any generation.
Next shoe in Netflix-WBD saga drops as Paramount launches hostile bid that includes Trump son-in-law Jared Kushner
Over the weekend, President Trump voiced concern over the combined market share of Netflix and Warner Bros.
‘Accounting is absolutely a profession, full stop’: AICPA president pushes back after Education Department reclassifies accounting degrees
The education department’s decision isn’t merely semantic: If it’s finalized, it will affect how much federal aid students are able to receive.
Amazon robotaxi service Zoox to start charging for rides in 2026, with ‘laser focus’ on transporting people, not deliveries, says cofounder
Jesse Levinson, Zoox cofounder and CTO, said the robotaxi service needs several more years before it can operate at a scale where the business is “financially interesting.”
While Billie Eilish slams non-philanthropic billionaires, this CEO says telling people what to do with their cash is ‘invasive’ and to ‘butt out’
William Stone has an estimated net worth of $3.8 billion and has donated millions to his hometown—but he says billionaires have the right to donate anonymously, if at all.
Craigslist founder signs the Giving Pledge, and his fortune will go to military families, fighting cyberattacks—and a pigeon rescue
“A nerd’s gotta do what a nerd’s gotta do, and a nerd should practice what he preaches,” Craig Newmark said.
Exclusive: Glean hits $200 million ARR, up from $100 million nine months back
Glean, an enterprise AI unicorn, has hit $200 million in annual recurring revenue, CEO Arvind Jain said at Fortune’s Brainstorm AI conference.
Robinhood launches staking for Ethereum and Solana in ongoing crypto expansion
The trading platform dives further into digital assets both domestically and globally.
Netflix CEO brushes aside Paramount’s ‘entirely expected’ hostile bid, ‘super confident’ of closing deal with Warner Bros. Discovery
The Netflix Co-CEO also said he’s talked with the president “many times” since the election and he’ll be good to movie theaters once he’s running a studio.