Business
HP to Buy Humane, Maker of the Ai Pin, for $116 Million
Humane, the ambitious start-up behind the Ai Pin device that aimed to one day replace smartphones, agreed to sell parts of its business to…
Tag
Acquisitions and Divestitures
Business
PGA Tour and LIV Golf Look for Merger Deal Under Trump
The PGA Tour and Saudi Arabia’s sovereign wealth fund are racing to reshape their plans to combine their rival golf circuits, emboldened…
Politics
JD Vance Is in Charge of Getting a TikTok Deal. Can He Find a Buyer?
Last week, an aide for Vice President JD Vance reached out to the billionaire Frank McCourt. The topic at hand was Mr. McCourt’s $20…
Business
OpenAI Rejects Elon Musk’s Bid to Gain Control of the Company
OpenAI’s board of directors on Friday rejected a $97.4 billion bid by Elon Musk and a consortium of investors to gain control of the…
Business
Inside the Murdochs’ Succession Drama
On Dec. 7, Rupert formally filed his petition to strip Prue, Liz and James of their voting power. The three children quickly filed an…
Business
Elon Musk Says He Will Drop OpenAI Bid if Company Preserves Nonprofit Mission
Elon Musk said in a court filing late Wednesday that he would withdraw his $97.4 billion bid to control OpenAI if the company dropped a…
Business
Behind Elon Musk’s Hostile Bid for Control of OpenAI
We have spent much of the past 24 hours on the telephone trying to get to the bottom of Elon Musk’s hostile bid for Sam Altman’s OpenAI.…
Politics
Trump Says Nippon Steel Will Make Major Investment in U.S. Steel
President Trump said on Friday that Nippon Steel was planning to make a major investment in U.S. Steel after the Biden administration…
Culture
Documentarian Alex Gibney Teams Up With a Google Billionaire
At a time when the documentary film business is atrophying, one of the world’s leading documentarians, Alex Gibney, has taken on a…
Business
Honda and Nissan Merger Talks in Peril
Nissan Motor and Honda Motor have hit a standstill negotiating the terms of a merger, announced less than two months ago, that would have…
Business
Samuel Butler, Lawyer Who Helped Create Corporate Giants, Dies at 94
Samuel Butler, a Midwesterner who became a top figure of the Wall Street legal world, advising on transformative takeovers and leading…
Politics
Paramount in Settlement Talks With Trump Over ‘60 Minutes’ Lawsuit
When Donald J. Trump sued CBS for $10 billion days before the 2024 election, accusing the company of deceptively editing a “60 Minutes”…
Politics
U.S. Sues to Block Tech Deal in First Antitrust Action of Trump Term
The Justice Department on Thursday moved to block Hewlett Packard Enterprise’s $14 billion acquisition of Juniper Networks, the first deal…
Business
Frontier Airlines Offers to Buy Spirit Airlines, Again
Frontier Airlines on Wednesday said that it offered to buy Spirit Airlines three years after the failure of a previous proposed deal.…
Politics
TikTok Ban and Trump Executive Order Lead to Tech Company Dilemma
For more than six years, Amazon Web Services, the world’s largest cloud computing company, provided technical support to deliver TikTok…
Business
Korea Zinc Shareholder Meeting Takes a Dramatic Turn
For months, the fight for management control of Korea Zinc, a leading metals producer, between its two founding families seemed headed for…
Business
Divvy Homes, Once Valued at $2 Billion, Is in Talks to be Sold for Parts
Divvy Homes, a Silicon Valley-backed company that promised an alternative path to homeownership for consumers of modest means, is in talks…
Politics
What We Know About the TikTok Ban
Starting on Saturday night, TikTok, the short-form video app owned by the Chinese company ByteDance, was unavailable in the United States…
Politics
How TikTok Evaded a Ban Again and Again, Until Now
In mid-2023, TikTok had just eluded an effort in Congress to ban the video app, the latest Houdini-like escape for the young tech company.…
Business
U.S. Ban of TikTok Is Set to Deal a Major Blow to ByteDance, Its Chinese Owner
The ban of TikTok in the United States is set to create a glaring hole in social media. For ByteDance, TikTok’s parent company in China,…
Politics
TikTok Makes Last-Minute Push as Supreme Court Is Poised to Rule on Ban
As the Supreme Court was poised on Friday to announce its landmark decision on whether to uphold a law that would effectively ban TikTok…
Business
S.E.C. Sues Elon Musk Over Twitter-Related Securities Violations
U.S. securities regulators sued Elon Musk in federal court in Washington on Tuesday in an enforcement action arising from his $44 billion…
News
U.S. Oil Production Is Booming. Oil Jobs Are Not.
For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That…
Business
Is Beijing Plotting a Musk Option for TikTok?
What a plan B might look like As TikTok faces a countdown to a potential ban in the United States, Chinese officials are reportedly…