Paramount Skydance CEO David Ellison at Netflix’s “America’s Team: The Gambler and His Cowboys” at The Egyptian Theatre in Los Angeles, Aug. 11, 2025. Gilbert Flores | Variety | Getty Images Paramount Skydance laid out its plan Monday to persuade Warner Bros. Discovery shareholders that it’s a better buyer for the company than Netflix. The…
NextEra Energy is partnering with Exxon Mobil, the country’s largest oil company, to build a large data center site powered by natural gas for a potential tech customer, CEO John Ketchum told investors Monday The 1.2 gigawatt power plant would combine gas generation with Exxon’s carbon capture technology to reduce emissions, according to NextEra’s presentation…
Alina Habba attends her swearing-in ceremony as interim U.S. Attorney for the District of New Jersey, in the Oval Office at the White House in Washington, D.C., U.S., March 28, 2025. Evelyn Hockstein | Reuters Alina Habba, who had previously served as President Donald Trump‘s defense lawyer, said Monday that she was stepping down as…
Several bigshots in Cupertino are getting a career change for the holidays. In the last seven days, there has been extraordinary turnover among Apple‘s top ranks, from its head of artificial intelligence to its top lawyer. CEO Tim Cook now has two fewer direct reports than he did before Thanksgiving. The executive who designed the…
Waymo driverless taxi parks in lower Manhattan in New York City, U.S., Nov. 26, 2025. Brendan McDermid | Reuters Waymo, the robotaxi unit owned by Alphabet, has crossed 450,000 weekly paid rides, according to a letter from investor Tiger Global viewed by CNBC. That’s almost double the milestone it hit in April, when Waymo reported…
Johny Srouji, senior vice president of hardware technologies at Apple Inc., speaks during the Peek Performance virtual event in New York, U.S., on Tuesday, March 8, 2022. Gabby Jones | Bloomberg | Getty Images Apple chip leader Johny Srouji addressed rumors of his impending exit in a memo to staff on Monday, saying he doesn’t…
Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a months-long bidding war for the legacy assets, the company said Monday. Paramount will go straight to WBD shareholders with an all-cash, $30-per-share offer. That’s the same bid WBD rejected last week and equates to an…
Wall Street sign in New York with American flag and Christmas tree lights in the background. Mwelsh | Istock | Getty Images Rising stock markets, a return of merger activity and flowing inheritances helped create 287 new billionaires this year, bringing the global total to over 2,900, according to a new report. Billionaire wealth reached…
IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025. Andy Wenstrand | Sxsw Conference & Festivals | Getty Images IBM announced Monday that it is acquiring data streaming platform Confluent in a deal worth $11 billion. Shares of Confluent soared 29% premarket. IBM stock sank about 1%. IBM…
Cravetiger | Moment | Getty Images Nearly all 401(k) plans now allow for workers to save money in Roth accounts, after legislative changes led adoption to jump significantly in recent years. A Roth account is funded with after-tax money. Savers pay income tax up front on their 401(k) contributions but don’t pay tax when they…
