Goldman Sachs’ third-quarter earnings may be the final straw for the Apple Card as the Wall Street giant faces internal pressure to exit the consumer-lending space.
Nothing says luxury like tapping into a digital trend that is past its best days. Italian car manufacturer Ferrari announced its intention to let the bourgeoisie purchase its luxury vehicles using cryptocurrency.
The Biden administration announced plans on Friday to award up to $7 billion to construct regional hubs throughout the U.S.
Microsoft finalized its purchase of Activision Blizzard Inc. for $69 billion after it received approval from UK regulators on Friday.
Netflix is planning to open new immersive locations created around its original TV shows where fans can shop, eat, and play some games.
OpenAI has shocked the world with ChatGPT-4, but now it has to win over the developers who will actually build the future of artificial intelligence.
On Wednesday, the Internal Revenue Service (IRS) notified Microsoft that it may owe $28.9 billion in back taxes, plus penalties and interest, from 2004 through 2013. The IRS says it believes that as of Sept. 30, its tax adjustments are correct and will elevate the issue to judicial proceedings, if necessary.
Head of Instagram Adam Mosseri said Wednesday that Threads will not amplify news on the platform. Users are flocking to Threads for up-to-date information about the Israel-Hamas conflict, the Ukraine war, and the 2024 election, but the platform will not be making the content any easier to find.
Sam Bankman Fried allegedly entertained a plan to raise capital from Saudi Crown Prince Mohammed bin Salman, according to former Alameda CEO Caroline Ellison in her testimony on Wednesday.