
Silicon Valley’s Next IPO Billionaires Are Coming. Nonprofits Are Ready for Them
Anthropic and OpenAI employees are expected to give generously after their companies go public. “It’s going to be a wild ride,” says one nonprofit leader.
Financial markets, company reports, policy, and economic indicators.

Anthropic and OpenAI employees are expected to give generously after their companies go public. “It’s going to be a wild ride,” says one nonprofit leader.

The lawsuit from the states alleges that the deal would harm movie theaters, basic cable distributors, and audiences.

A judge partially granted the request from a dozen state attorneys general to temporarily place the $110 billion merger of Paramount and Warner Bros. Discovery

Th Honda Prologue will no longer be sold in the U.S., joining a growing list of EV models to exit the market this year.

The company didn't immediately say what went wrong. SpaceX's stock plunged more than 4% in after-hours trading before paring losses.

"homeboy you're the one sellling [sic] public market investors on short-term space datacenters."

General Fusion started trading on the Nasdaq following a reverse merger that saw high redemptions.

Oregon Attorney General Dan Rayfield had been seeking documents from Paramount related to its takeover of Warner Bros. Discovery. Rayfield also asked a state ci

The new exchanged-traded funds exclude companies that are founded, controlled, or led by Elon Musk. That means no SpaceX or Tesla.

The storm developed quickly over west central Illinois on April 17th, first as a single high-intensity system called a supercell, and then later that evening tr

The history books are littered with the corpses of corporate record labels started by companies that had no business being in the music industry. Bose thinks it

Many of those videos were reportedly filmed on “near-perfect copies” of the Polymarket website, while featuring trades and winnings that were not real.

Meta starts dismantling its $2 billion Manus acquisition after Beijing ordered the deal reversed.

SpaceX’s stock market debut has thrust the richest man in the universe into an unexplored frontier of wealth.

Chinese EV colossus BYD has announced plans to speed up its conquest of the European auto market with the rollout of superfast Flash Chargers across the contine

Anthropic has been growing at a breakneck pace. The company announced that annualized revenue crossed $47 billion in May, up dramatically from roughly $9 billio

Nanoleaf has made a name for itself by developing smart color-changing LED lighting products, including wall panels, TV mirroring, and display cases. | Image: N

The rocket company has set aside more than $500 million for potential litigation losses, in part to account for complaints alleging that Grok created sexualized

The invisible force behind all of this is no mystery to anyone paying attention to the city's tech economy. San Francisco is home to some of the most valuable p

Owner IAC says it's discontinuing its search business.

Amazon's podcasting business seems to have transformed over the past six months.

If culture is shaped by TikTok's algorithmic feed, then it's time for us to decide where we draw the line between necessary marketing and inauthentic growth hac

OpenAI released a report breaking down how people use ChatGPT and who they are. | Image: The Verge OpenAI's chief revenue officer, Denise Dresser, sent a four

Glen Anderson, president of Rainmaker Securities, says the secondary market for private shares has never been more active — with Anthropic the hottest trade aro

The e-commerce giant called the surcharge "temporary" but couldn't give a date for when the policy would be retired.

The fitness tracking startup just closed a $575 million Series G with Cristiano Ronaldo and LeBron James among its investors. The obvious question looming over

Rec Room, a Roblox-like social gaming platform that lets users create games and experiences for others to play, is shutting down on June 1st. Despite reaching m
“This will be so, so, so, so, so bad,” one analyst says.

The SEC is working on a proposal to allow public companies to release earnings reports twice a year instead of quarterly, per the WSJ.

Learn more about Paramount's planned acquisition of Warner Bros. Discovery — a historic Hollywood megadeal valued at $111 billion — as it continues to develop.

Salesforce reported a solid year-end earnings and then pulled out all the stops to ward. off more talk of the death of its business to AI.

ChatGPT and rivals are testing whether India's massive AI user boom can translate into paying customers as free offers wind down.

Finnish unicorn IQM plans to go public via a special purpose acquisition company (SPAC) valuing the company at approximately $1.8 billion — joining the growing

Terra Industries, the African defense company, announced Monday that it had secured an additional $22 million in funding to further expand the business.