Anthropic says annualized revenue climbed to $65 billion in July
Dario Amodei, co-founder and chief executive officer of Anthropic, during the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 20, 2026. Krisztian Bocsi | Bloomberg | Getty Images Anthropic’s annualized revenue run rate hit $65…
Money or power? The key to winning the U.S.-China AI race
An AI-themed ‘AGI Bar’ in Beijing’s tech-focused Zhongguancun district on Aug. 9, 2026. Pedro Pardo | Afp | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot…
Korean stock investors flee a bruising home market and pile into U.S.
Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul. Kim Jae-Hwan | SOPA Images | Lightrocket | Getty Images A wave of South Korean investors is flocking to U.S. markets to avoid a correction…
Jeanie Buss opposes Lakers stake sale to Bob Iger, Joshua Kushner
Minority owner Jeanie Buss of the Los Angeles Lakers and her husband, Jay Mohr, prior a first round NBA playoffs game between the Lakers and the Minnesota Timberwolves at Crypto.com Arena in Los Angeles, April 19, 2025. Keith Birmingham | MediaNews Group…
L3Harris ousts CEO Chris Kubasik over conduct, stock drops
Chris Kubasik, chief executive officer of L3Harris, during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Friday, July 10, 2026. David Paul Morris | Bloomberg | Getty Images Defense contracting giant L3Harris…
What will TV look like in three years? Insiders share predictions
The television industry is in flux. Deals, spinouts and partnerships are all reshaping the landscape for traditional TV. While the industry is no stranger to turmoil, the recently rapid pace of change is keeping media investors and onlookers on their…
Paramount seeks $1.88B bond from state AGs to cover WBD merger delay costs
The Paramount Pictures logo is displayed on a water tower in Los Angeles, California, on August 6, 2026. Michael Yanow | Nurphoto | Getty Images Paramount Skydance will seek to force the states holding up its merger with Warner Bros. Discovery to pay for…
PSKY’s WBD bid has 1-in-4 odds of falling through, Kalshi traders say
Paramount and Warner Bros logos are seen in this illustration. Dado Ruvic | Reuters Prediction markets traders still see Paramount Skydance as likely to succeed in its bid to acquire Warner Bros. Discovery, but a battle in court with 12 state attorneys…
Synchrony, card issuer to Amazon, partners with OpenAI for ChatGPT shopping
Avishek Das | Lightrocket | Getty Images Synchrony Financial, the credit card issuer for brands including Amazon, Walmart and Lowe’s, is working with OpenAI to allow shoppers to buy products directly inside ChatGPT using their store cards. The deal…
Trump loses Supreme Court bid to overturn E. Jean Carroll verdict
Writer E. Jean Carroll arrives at the 2nd U.S. Circuit Court of Appeals, where former U.S. President Donald Trump will arrive to ask a federal appeals court to overturn a $5 million jury verdict finding him liable for sexually assaulting and defaming…