Nelson Peltz Warns He’ll Be Back If Disney Fails to Keep Its ‘Promises,’ Suggests His Firm Has Made About $1 Billion on Its Investment in the Company submitted by /u/Zepanda66

Nvidia supplier SK Hynix plans to invest $3.87 billion in U.S. chip facility It is expected to create thousands of jobs in Indiana and align with the Biden administration’s goals of building up domestic chip production.

Tesla to explore locations in India for $3 billion EV factory, FT reports The report said that the Tesla team would focus on the Maharashtra, Gujarat and Tamil Nadu states that already have automotive hubs.

How ‘Bluey’ Became a $2 Billion Smash Hit—With an Uncertain Future submitted by /u/indig0sixalpha

Everybody Wants a Piece of South Carolina’s $1.8 Billion Surplus. Is It Real? Whom does it belong to? How did it get there? Why? The more legislators dig, the murkier things seem to get.

Intel shares fall after company reveals $7 billion operating loss in foundry business Intel said that its foundry business recorded an operating loss of $7 billion in 2023 on sales of $18.9 billion.

Binance criminal settlement could include a $4 billion fine and CEO’s guilty plea Nick Barclay / The VergeBinance owner and CEO Changpeng “CZ” Zhao has agreed to step down and plead guilty to breaking anti-money laundering laws, according to reports from The Wall Street Journal and Forbes. This comes as part of the major settlement the Department of Justice is expected to announce this afternoon, which will reportedly require…

Rating Man United’s signings since 2018: After a billion dollars spent, who has lived up to expectations? Since 2018, Man United have invested around a billion dollars in players, with just one trophy — the 2022-23 Carabao Cup — to show for it. We rate all those signings to determine hits from misses and separate stars from flops.

The $2.3 Billion Structure on Display at Formula 1’s Las Vegas Race

Xiaomi claims a record $3.11 billion in Singles Day sales Alibaba and JD.com declined for a second-straight year to share total figures for the Singles Day shopping festival.

How Millions of Borrowers Got $127 Billion in Student Loan Debt Canceled The Biden administration may have been blocked from canceling debt for tens of millions of borrowers by the Supreme Court, but it has still managed to eliminate billions in education debt.

Kurzgesagt – 4.5 Billion Years in 1 Hour submitted by /u/DeusExCalamus

Correction: SoftBank’s Vision Fund ekes out gain but company posts $6.2 billion quarterly loss SoftBank posted an investment gain on its Vision Fund in the fiscal second quarter but booked another quarterly loss.

WeWork, once valued at $47 billion, files for bankruptcy Office-sharing company WeWork filed for Chapter 11 bankruptcy protection in federal court Monday.

TikTok’s $1 billion creator fund is shutting down Illustration by Nick Barclay / The VergeTikTok’s $1 billion creator fund will come to an end on December 16th, 2023, the company told users today. Creators in the US, UK, Germany, and France will no longer be able to monetize their content through the original fund, TikTok spokesperson Maria Jung says. TikTokers in Italy and Spain aren’t affect…

Klarna, Europe’s $6.7 billion buy now, pay later firm, sets wheels in motion for eventual IPO Buy now, pay later firm Klarna has begun a legal entity restructuring to set up a new holding company in the U.K., as a precursor to an eventual IPO.

Google scraps $15 billion deal with lead developer of Silicon Valley campus projects A render of the proposed San Jose development. | Image: GoogleGoogle has ended its agreement with Lendlease, the lead developer it had been working with on four major campus projects in Silicon Valley. In an announcement published earlier on Friday, Lendlease said both companies had agreed to end the deal after determining that “the existing agr…

Amazon’s secret pricing scheme made it an extra $1 billion, FTC says Illustration by Alex Castro / The VergeAmazon’s secret pricing algorithm, codenamed “Project Nessie,” may have generated the company more than $1 billion in extra profits, according to new details released Thursday from the Federal Trade Commission’s antitrust case against the e-commerce giant. In September, the FTC and more than a dozen state …

Tesla Wipes Out $145 Billion In Value In Two Weeks Good morning! It’s Thursday, November 2, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Read more…

LinkedIn Reaches 1 Billion Members, Unveils AI Job Search Tools via @sejournal, @MattGSouthern LinkedIn reaches one billion users and unveils an AI-powered Premium update to provide personalized career guidance. The post LinkedIn Reaches 1 Billion Members, Unveils AI Job Search Tools appeared first on Search Engine Journal.