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Wednesday, October 16, 2024 4:47 AM ET

Search Results: microsoft billion

ASML share plunge wipes over $50 billion off Dutch chip giant's value

ASML published its third-quarter earnings Tuesday, a day earlier than expected.

CNBC - Top Stories - 1 hour ago

Pratt love child's battle over billion-dollar family trust

Paula Hitchcock is trying to prove she is legally entitled to a slice of the multibillion-dollar Pratt family trust.

Sydney Morning Herald - Top Stories - 4 hours ago

Boeing is bleeding billions, but it is too big to fail

Few companies confronting Boeing’s challenges would be able to contemplate raising more than $50 billion. But Boeing is not a normal company.

Sydney Morning Herald - Opinion - 6 hours ago

Boeing says it may raise $25 billion as Seattle strike bites

The US aviation giant has been beset with problems in recent years, and a factory worker strike in Seattle had added short term cashflow issues. It's tried to reassure the markets it still has breathing room if needed.

Deutsche Welle - Business - 8 hours ago

Boeing seeks $35 Billion cash supply amid ongoing crises

ALBAWABA - Boeing has announced that it intends to raise up to $25 billion through a combination of stock and debt income, in addition to entering into

Albawaba - Business - 10 hours ago

Donald Trump's fortune gets a $3 billion boost

Over the past few weeks, former President Donald Trump has become a lot richer.

Sydney Morning Herald - Business - 11 hours ago

Healthy Returns: Covering weight loss drugs could cost Medicare $35 billion through 2034

Medicare coverage of the drugs would up federal spending by $35 billion from 2026 to 2034. Meanwhile, CNBC tests Abbott's continuous glucose monitor Lingo.

CNBC - Health - 12 hours ago

World Bank President Discusses $100 Billion Plan for Climate, Poverty, and Growth

Reuters holds a live interview at 2:30 p.m. ET on Oct. 15 with World Bank President Ajay Banga as he discusses his $100 billion plan to boost lending for l...

Epoch Times - Business - 14 hours ago

Microsoft settles video gamers' lawsuit over US$69-billion Activision Blizzard deal

The gamers said in a joint filing with Microsoft in San Francisco federal court that they were dismissing their lawsuit with prejudice, meaning they cannot refile it

The Globe and Mail - Business - 15 hours ago

Iran cyber attacks against Israel surged after Gaza war started, Microsoft reports

After Oct. 7, Iranians shifted focus from US and UAE, as half their assaults in war's first 9 months targeted Israeli firms; Tehran also ran social media influence campaigns

Times of Israel - Top Stories - 15 hours ago

Why Hyundai picked India for record $3.3 billion IPO

India is the world's third-largest auto market, set for further huge growth before the end of the decade. Hyundai is banking on the $3.3 billion IPO to solidify its market position.

Deutsche Welle - Business - 17 hours ago

Microsoft: Cybercriminals increasingly help Russia, China, Iran target US, allies

A report from Microsoft says partnerships between authoritarian governments and criminal networks have benefits for both sides

Voice of America - Technology - 18 hours ago

Cyber Criminals Are Increasingly Helping Russia and China Target the US and Allies, Microsoft Says -- Russia, China and Iran are increasingly relying on criminal networks to lead cyberespionage and hacking operations against...

Russia, China and Iran are increasingly relying on criminal networks to lead cyberespionage and hacking operations against adversaries like the U.S., according to a report on digital threats published by Microsoft.

Military.com - Top Stories - 18 hours ago

Cyber Criminals Are Increasingly Helping Russia and China Target the US and Allies, Microsoft Says

Russia, China and Iran are increasingly relying on criminal networks to lead cyberespionage and hacking operations against adversaries like the U.S., according to a report on digital threats published by Microsoft.

Military.com - US News - 18 hours ago

Ransomware and nation state-backed cyber attacks on the rise, Microsoft warns

The tech giant has published its latest annual Digital Defence Report, outlining the trends in cybersecurity.

Evening Standard - Technology - 19 hours ago

Germany grants billions to companies for climate-friendly modernisation projects

"A Europe-wide premiere and unique instrument," says German Economics Minister Robert Habeck

Euractiv - Business - 20 hours ago

After Microsoft, Google turns to nuclear power to run its AI data centres

As AI continues to surge, tech companies like Google are increasingly looking at nuclear energy as a sustainable solution to meet their massive power need

First Post - Technology - 20 hours ago

Microsoft's VP for GenAI development Sebastien Bubeck leaves company to work with Sam Altman at OpenAI

Bubeck’s exit follows his key involvement in Microsoft’s development of Phi LLMs, a more compact version of traditional AI models. Despite his departure, Microsoft has confirmed that research in this area will continue, with many of his co-authors remaining to carry the work forward

First Post - Technology - 21 hours ago

Google loses its final EU court appeal in antitrust shopping case, to pay €2.4 billion as fine - 5 days ago

The EU’s Court of Justice upheld an earlier ruling that found Google guilty of giving its Google Shopping service an unfair advantage over competitors

First Post - Technology - 22 hours ago

BILLIONAIRES FOR HARRIS: But the people want Trump (the billionaire)

These people have been such financial winners that they can afford to indulge in personally painless virtue-signaling by backing policies that cause hardship for the less fortunate.

Fox News - Opinion - 23 hours ago

Blue Cross Blue Shield To Pay $2.8 Billion To Settle US Healthcare Antitrust Lawsuit

In addition to the financial settlement, the agreement includes significant operational changes aimed at enhancing transparency and improving the efficiency of BCBS's claims processing system.

International Business Times - Business - 1 day ago

I Worked for Democrats for Years. Billionaires Have Unfettered Influence | Opinion

The image of Soros with Walz sums it all up: the unfettered influence the donors have over this party, and the lives they've destroyed in the process.

Newsweek - Opinion - 1 day ago

Why Most Billionaires Still Favor Donald Trump and the Republicans | Opinion

Since the Supreme Court's 2010 Citizens United decision, American politics have been flooded by a tsunami of spending by a dizzying array of organizations.

Newsweek - Opinion - 1 day ago

ServiceNow, Coreweave and others to invest $8.2 billion in UK data centers

American enterprise software giant ServiceNow and cloud computing startup CoreWeave plan to invest billions of dollars in their U.K. operations.

CNBC - Technology - 1 day ago

£6 billion investment in UK data centres hailed as 'vote of confidence'

Four US firms have announced plans to invest in UK-based data centres to support growing demand for artificial intelligence.

Evening Standard - Technology - 1 day ago

Tesla's value dropped by $60 billion following 'glowing' unveiling of Cybercab robotaxi. Here's why

Many analyst expected more specific data, such as timelines and production numbers, which are typically provided at Tesla’s events. Instead, the showcase focused heavily on branding and promoting Tesla’s broader vision, leaving the investment community with little to work with

First Post - Technology - 2 days ago

Metra's $1.1 billion proposed budget is 'status quo,' CEO says

The commuter rail agency faces a $226 million deficit in 2026 when federal COVID-19 dollars end.

Chicago Sun-Times - Politics - 4 days ago

US: Biden estimates Milton damages at $50 billion

More than 2 million households and businesses were without power in Florida, after Hurricane Milton crossed the state claiming 16 lives. Floridians are trying to start cleaning up after being hit twice in a few weeks.

Deutsche Welle - Environment - 4 days ago

Microsoft will let people buy games through Xbox app on Android in November

Microsoft is keen on boosting its mobile gaming position. A judge's decision this week opened the way to do so on Android devices.

CNBC - Technology - 5 days ago

TD Bank to Pay $3 Billion Penalty After Admitting to Money-Laundering

The bank admits to ‘deficiencies’ that enabled criminal networks, including drug traffickers, to launder more than $670 million over several years.

Epoch Times - Business - 5 days ago

Guilty of anti-money-laundering lapses, TD Bank will pay $3-billion in fines to U.S. regulators

U.S. banking regulator also prohibits TD from opening new branches or new business lines without approval

The Globe and Mail - Business - 5 days ago

TD Bank to pay US$3-billion in historic money-laundering settlement with the Justice Department

U.S. Attorney General Merrick B. Garland announced Thursday that TD Bank will pay approximately US$3-billion in a historic settlement with U.S. authorities who said Thursday that the financial institution's lax practices allowed significant money laundering over multiple years.

The Globe and Mail - Business - 5 days ago

TD Bank fined $3 billion over drug cartel money laundering

Investigators from the Department of Justice found that TD Bank failed to monitor more than 90% of transactions between January 2018 and April 2024.

Washington Examiner - Top Stories - 5 days ago

TD Bank pleads guilty and will pay $3 billion to settle money laundering case

The Department of Justice reportedly was investigating how drug traffickers used TD Bank to launder money derived from fentanyl sales in the U.S.

CNBC - Politics - 5 days ago

Microsoft announces new AI tools to help ease workload for doctors and nurses

Microsoft announced a series of new health-care data and AI tools for clinicians on Thursday.

CNBC - Technology - 5 days ago

Hurricane Milton could cause $175 billion in damage, according to early estimates

That would be on top of the carnage already left behind by Hurricane Helene, posing a potential record-breaking path of wreckage.

CNBC - Business - 5 days ago

How Reeves might unlock £57 billion at budget in fiscal rule change

Experts have urged the chancellor to consider tweaking a Labour manifesto pledge

Independent UK - Politics - 6 days ago

Failed crypto exchange FTX will repay billions to customers -- -

FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion US in assets recovered since the once-leading crypto exchange collapsed.

CBC News - Business - 7 days ago

Microsoft launches AI platform to preserve October 7 testimonies

Microsoft Israel engineers develop advanced AI tools to assist users around the world in creating personalized memorial ceremonies or events based on Oct. 7 survivor testimonies

Times of Israel - Business - 7 days ago

EU's €35 billion loan for Ukraine likely deadlocked until US elections

The prolongation of the sanctions rollover period is a key factor in determining several Western countries’ participation in a $50 billion G7 loan package for Ukraine.

Euractiv - Business - 7 days ago

Women's health startup Maven Clinic closes funding at $1.7 billion valuation

Maven Clinic closed a $125 million funding round at a $1.7 billion valuation, the company announced Tuesday.

CNBC - Health - 7 days ago

Biden's $7 billion price tag on plan to limit fallout from drug pricing changes

The Congressional Budget Office estimates that CMS's subsidies for Medicare prescription drug coverage premiums will cost $7 billion next year.

Washington Examiner - Health - 9 days ago

Uninstalled Copilot? Microsoft will let you reprogram your keyboard's Copilot key

Copilot key becomes a “whatever” key in latest Windows Insider Preview build.

Ars Technica - Technology - 11 days ago

Microsoft's new "Copilot Vision" AI experiment can see what you browse

Microsoft brings two new opt-in trial features to some users of its Copilot AI-assistant.

Ars Technica - Business - 12 days ago

OpenAI raises £5 billion in largest ever funding round

The funding values the ChatGPT maker at 157 billion US dollars (£118 billion), making it one of the most valuable start-ups in the world.

Evening Standard - Technology - 12 days ago

ChatGPT maker OpenAI raises $6.6 billion in fresh funding as it moves away from its nonprofit roots

OpenAI says it has raised $6.6 billion in venture capital investments as part of a broader shift by the ChatGPT maker away from its nonprofit roots.

AP News - Technology - 13 days ago

OpenAI is now valued at $157 billion

OpenAI has nearly doubled what investors think it’s worth—but there’s a catch.

Ars Technica - Business - 13 days ago

Microsoft releases Office 2024, the latest buy-once-own-forever version of Office

Standalone apps won’t get Copilot but include updates made since Office 2021.

Ars Technica - Technology - 13 days ago

Microsoft beefs-up its AI assistant with voice, vision

San Francisco: Microsoft on Tuesday doubled down on deploying artificial intelligence to consumers, releasing an updated version of its Copilot chatbo...

Peninsula Qatar - Technology - 14 days ago

Illegal organ trafficking is worth over $1 billion annually and generally targets vulnerable people.

Illegal organ trafficking is growing across Africa. The sophisticated operation is worth over $1 billion annually and targets the vulnerable. Lack of regulation and huge demand for organs drive the trade.

Deutsche Welle - Health - 15 days ago

AT&T sells stake in DirecTV to private equity firm TPG for $7.6-billion

The stake sale comes as a much-needed exit for AT&T, which has been seeing dwindling distributions from DirecTV over the past several years

The Globe and Mail - Technology - 15 days ago

Google to spend $1 billion in Thailand to speed up Asia AI push

Alphabet Inc. s Google plans to invest $1 billion to build data centers in Thailand, joining global tech companies in adding cloud and AI infrastructu...

Peninsula Qatar - Technology - 15 days ago

Google complains to EU over Microsoft's cloud practices

Google said Microsoft was exploiting its dominant Windows Server operating system to prevent competition

The Globe and Mail - Technology - 20 days ago

Guards protect secrets on sunken billionaire's yacht, report

Italian authorities ask for diver patrols and underwater surveillance to secure superyacht that sank in August killing seven including British tech entrepreneur Mike Lynch who had ties to intelligence agencies,

YNET News - World - 23 days ago

This $16 Billion Deal Could Be A Game Changer For The U.S.

At last, a power-purchase agreement big enough to actually fund new reactors.

Huffington Post - Business - 25 days ago

Shuttered Three Mile Island may be restarted to supply power to Microsoft's data centers

The owner of the shuttered Three Mile Island nuclear power plant says it plans to restart the reactor under a 20-year agreement.

Los Angeles Times - Technology - 25 days ago

Biden Administration Awards $3 Billion To Develop Domestic Battery Production

The money will go toward 25 projects in 14 states to meet the demand for electric vehicles and to block China's dominance in the market.

International Business Times - US News - 25 days ago

Scientists store human genome on crystal which can last billions of years

The University of Southampton team hopes the data could be used to bring humans back from extinction in the future.

Independent UK - Science - 27 days ago

Tech billionaire returns to Earth after first private spacewalk

Elon Musk’s space firm celebrated on X, saying: “Splashdown of Dragon confirmed! Welcome back to Earth”

Independent UK - Science - 1 month ago

Federal and Quebec governments give billions to Telesat for satellite production

The Prime Minister said the Telesat Lightspeed low Earth orbit broadband satellite constellation will enable Canadians in the most remote parts of the country to connect with cheaper, more reliable internet

The Globe and Mail - Technology - 1 month ago

Microsoft names former GE finance chief as COO amid AI push

Carolina Dybeck Happe stepped down from her role at GE in September 2023, but continued as senior vice president, completing the spin-off of energy infrastructure unit GE Vernova in April 2024

The Globe and Mail - Technology - 1 month ago

Tech billionaire pulls off first private spacewalk high above Earth

A tech billionaire has performed the first private spacewalk hundreds of miles above Earth. It was a high-risk endeavor reserved for professional astronauts — until now.

AP News - Science - 1 month ago

Spacewalking is the new domain of the super rich as a billionaire makes first private attempt

Paying passengers have lined up to rocket to space to experience a few minutes of weightlessness. Now some are seeking a bigger thrill: spacewalking.

AP News - Science - 1 month ago

Texas Wins Full Refunds for Investors in Alleged $1 Billion Crypto Scheme

The scheme involved a tokenized Dubai skyscraper and digital assets.

Epoch Times - Business - 1 month ago

Google, Apple to pay billions in fines and back taxes after EU rejects final appeals

The penalty was one of three multibillion-euro fines that the commission imposed on Google in the previous decade as Brussels started ramping up its crackdown on the tech industry

The Globe and Mail - Technology - 1 month ago

Billionaire astronaut set for space walk finally blasts off on SpaceX rocket

After several delays, a SpaceX rocket carrying billionaire Jared Isaacman and others blasted off on a mission that will feature the first space walk by private citizens.

Los Angeles Times - Business - 1 month ago

Apple loses fight against $14.4 billion EU tax order to Ireland

Court orders iPhone maker to pay billions in back taxes as part of EU crackdown against sweetheart deals between EU countries and multinationals

YNET News - Technology - 1 month ago

Safe Superintelligence, co-founded by OpenAI's former chief scientist raises $1 billion

SSI aims to achieve 'safe superintelligence in a straight shot,' a goal that has attracted high-profile investors

YNET News - Technology - 1 month ago

Billionaire Crown family sells pizza maker Miracapo to private equity firm

Buyer Brynwood Partners is adding to its portfolio of Chicago-based food operations, which its chairman says now accounts for 1,500 jobs.

Chicago Sun-Times - Business - 1 month ago

Billionaire space-walk flight on SpaceX rocket hit with delays

Billionaire adventurer Jared Isaacman will become the first private citizen to walk in space with the launching of SpaceX's Polaris Dawn mission. The flight is now facing weather delays.

Los Angeles Times - Business - 1 month ago

'Inside Out 2' Becomes First Animated Movie To Sell $1 Billion Worth Of Tickets Outside US

The milestone marked the second record set by the Pixar Animation Studios sequel, which last month surpassed Pixar's "Frozen II" as the highest-grossing animated feature.

International Business Times - Entertainment - 1 month ago

Edgar Bronfman Jr. submits $4.3 billion rival bid for Paramount Global, challenging Skydance offer

Paramount Global's board approves Skydance Media merger offer, which includes 45-day 'go-shop period' for Paramount to consider other offers before August 21

YNET News - Business - 1 month ago

Boeing names new CEO as it posts loss of more than $1.4 billion in second quarter

The disappointing results come at a tumultuous time for Boeing. The company agreed to plead guilty this month to a federal fraud charge in connection with its 737 Max jetliner and two crashes that killed 346 people.

Chicago Sun-Times - Business - 2 months ago

Inside the legal drama embroiling a Pasadena startup that grossed billions selling COVID tests

A group of businessmen came together during the pandemic and made $5 billion in revenue selling COVID tests to the British government. Then the lawsuits started.

Los Angeles Times - Business - 2 months ago

OpenAI, creator of ChatGPT, on trajectory to bring in $1 billion

OpenAI, the firm that made AI chatbot ChatGPT, will reportedly bring in 10 figures of revenue on its current trajectory, according to a Tuesday report from The Information.

Fox News - Business - 3 months ago

Philips Agrees to Pay $1 Billion to Patients Who Say They Were Injured by Breathing Machines

The proposed settlement will effectively end more than 700 lawsuits filed after the 2021 recall of millions of the company’s widely used sleep apnea devices and ventilators.

ProPublica - Health - 5 months ago

The $324 Billion Stage Three Tax Cuts Are Changing ... For the Better?

Anthony Albanese says “everyone will be getting a tax cut,” as part of new changes to the controversial stage three tax cuts. But the rich will still be better off.

VICE News - Business - 8 months ago

Sam Altman's Job at Microsoft Will Be Harder Than Ever

What’s next after the tech coup of the century?

New York Magazine - Technology - 10 months ago

This Billion-Dollar Plan to Save Salmon Depends on a Giant Fish Vacuum

Many endorse opening dams and letting fish coast the natural current as the best way to avoid extinction. The U.S. Army Corps of Engineers has other ideas.

ProPublica - Environment - 10 months ago

A Texas Billionaire's Associates Are Trying to Sink a School Tax Election via Their Dark Money Nonprofit

Tim Dunn’s public policy groups have helped ensure that tax hike language is attached to school bonds in the state. Now, that language is being used to undercut support for a bond in his hometown of Midland.

ProPublica - Politics - 11 months ago

Abramovich flew to Ankara, might sell Chelsea FC to Turkish billionaire: report

Russian billionaire Roman Abramovich, the owner of the Chelsea Football Club, flew to Turkey on Wednesday, as he aims to finalize the sale of Chelsea, according to a special report by the Dailymail news website.

Turkish Minute - Sports - 1 year ago

Senators Ask Billionaire Paul Singer and Power Broker Leonard Leo for Full Accounting of Gifts to Supreme Court Justices

The letters cite ProPublica’s reporting on an undisclosed private jet flight and Alaska fishing vacation provided to Justice Samuel Alito.

ProPublica - Politics - 1 year ago

Is Elon Musk a Bad Billionaire Buddy?

The Wall Street Journal reports that Musk had an affair with the wife of his longtime friend and fellow billionaire, Google co-founder Sergey Brin.

New York Magazine - Business - 2 years ago

Facebook Grew Marketplace to 1 Billion Users. Now Scammers Are Using It to Target People Around the World.

ProPublica identified thousands of Marketplace listings and profiles that broke the company’s rules, revealing how Facebook failed to safeguard users.

ProPublica - Technology - 3 years ago