Michael Burry, the fund manager whose 2007 bet against the housing market was chronicled in The Big Short, disclosed on Wednesday through his Substack newsletter that he has established full-sized …
Freddy Miller
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Oregon Attorney General Dan Rayfield went to court on Wednesday to block the closing of Paramount’s $110 billion acquisition of Warner Bros. Discovery, asking a Multnomah County judge to order …
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Democratic AGs Push Back Against Trump Tariffs as Global Economy Braces for Trade Policy Whiplash
A coalition of Democratic attorneys general has filed legal opposition to the reinstatement of sweeping tariffs championed by the Trump administration, escalating a political and legal battle that carries significant …
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World Bank Holds China Growth Forecast at 4.4% as Global Energy Shock Threatens to Drag World Economy to 2.5%
The World Bank has kept its growth forecast for China unchanged at 4.4% for 2025, signaling measured confidence in the country’s economic trajectory even as the institution issued a broader …
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The eurozone’s economic recovery remains on uncertain ground, according to Fabio Panetta, Governor of the Bank of Italy and a former member of the European Central Bank’s Executive Board, who …
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Allianz Is Cutting 1,800 Jobs in Its Call Centers. Insurance Is About to Learn What AI Displacement Actually Looks Like
Allianz Partners, the travel insurance and assistance subsidiary of Allianz SE employing more than 22,000 people, announced on Tuesday evening that it is eliminating between 1,500 and 1,800 positions across …
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Zhipu’s Stock Soared 1,500% Since January. The Company Is Now Selling $4 Billion of Shares Into That Rally
Zhipu, the Beijing-based AI model developer that trades in Hong Kong as Knowledge Atlas Technology and markets its products internationally under the Z.ai brand, launched a $4 billion secondary share …
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ispace Bought a Ticket to the Moon on Starship. Two Failed Landings Later, It Has Chosen a Different Vehicle.
Japanese lunar transport company ispace announced on Wednesday that it had purchased 500 kilograms of payload capacity on a SpaceX Starship moon landing mission for $50 million, launching a new …
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China’s Government Just Officially Called Claude Code a Security Threat. The Backstory Is Complicated.
China’s National Vulnerability Database, a cybersecurity platform affiliated with the Ministry of Industry and Information Technology, issued a formal security warning on Wednesday declaring that Anthropic’s Claude Code AI coding …
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SambaNova Raised $350 Million in February. It Just Raised Another $1 Billion. JPMorgan Is the First Bank In
SambaNova Systems closed a $1 billion Series F round on Wednesday at an $11 billion post-money valuation, led by General Atlantic with participation from Seligman Ventures, T. Rowe Price Associates, …