Orsted cancels two New Jersey offshore wind projects, takes $4 billion writedown The Danish wind developer Orsted announced a $4 billion impairment and canceled two offshore New Jersey wind projects.

Home Sellers Win $1.8 Billion After Jury Finds Conspiracy Among Realtors The influential National Association of Realtors and several brokerages were ordered to pay damages to home sellers who said they were forced to pay excessive fees to real estate agents.

Taiwanese chip firm to build a $5.3 billion factory in Japan as country seeks semiconductor boost Japan has been looking to boost its domestic semiconductor industry and manufacturing of chips — and the PSMC and SBI factory is part of that push.

YouTube Has Around 1.5 Million ‘NFL Sunday Ticket’ Subscribers, Will Lose Over $1.2 Billion This Season: Morgan Stanley submitted by /u/lucerousb

X Says It Is Worth $19 Billion, Down From $44 Billion Last Year The social media company’s valuation was disclosed in the paperwork for stock grants that it handed to employees on Monday.

Google commits to invest $2 billion in OpenAI competitor Anthropic Founded by former OpenAI executives, Anthropic has emerged as one of the hottest artificial intelligence startups, thanks to its Claude 2 chatbot

Google paid a whopping $26.3 billion in 2021 to be the default search engine everywhere Illustration by Cath Virginia / The VergeThe US v. Google antitrust trial is about many things, but more than anything, it’s about the power of defaults. Even if it’s easy to switch browsers or platforms or search engines, the one that appears when you turn it on matters a lot. Google obviously agrees and has paid a staggering amount to make sur…

IndexNow Celebrates Two Years With 1.4 Billion URLs Submitted Daily via @sejournal, @kristileilani Explore IndexNow’s celebration of two years of growth as it helps the content of millions of websites get indexed faster. The post IndexNow Celebrates Two Years With 1.4 Billion URLs Submitted Daily appeared first on Search Engine Journal.

Intel pops 10% after earnings beat shows progress toward $3 billion in cost savings Intel stock jumped Friday morning after the company beat third-quarter estimates for profit and sales.

Ford Is Rethinking Its $12 Billion Investment In EVs Ford, like other automakers, have gone all in on EVs to the tune of billions of dollars. That gamble hasn’t quite played out like Ford expected it to however. EVs sales have slowed and inventories of once popular models like the Mustang Mach-E and F-150 Lightning have caused the automaker to slash prices and offer… Read more…

Craig Wright Wins U.S. Appeal in Billion-Dollar Bitcoin Dispute A Florida jury was right to say the self-proclaimed inventor of cryptocurrency wasn’t in partnership with David Kleiman when they mined bitcoin together, an appeals court ruled.

Ford hits the brakes on $12 billion in EV spending because EVs are too expensive Photo by Scott Olson/Getty ImagesFord is postponing $12 billion in EV factory building, including a planned battery factory in Kentucky. The reasons given were an unwillingness by customers to pay extra for its electric vehicles. You see, they’re too expensive, and now Ford’s massive transformation into an EV company is now going to take a lot l…

Washington State Won’t Pay $11 Billion To Fix Its Roads and Bridges The Washington State Department of Transportation (WSDOT) could be forced to make different decisions on how it spends its lackluster budget to maintain the state’s aging roads and bridges. WSDOT has estimated there will be an $11 billion budget shortfall over the next decade. The eye-watering figure is due to nearly… Read more…

Jeep, Dodge maker Stellantis to invest $1.6 billion in Chinese EV startup Leapmotor Stellantis is looking to boost its presence in China where it is a small player, while Leapmotor has ambitions to expand aggressively into Europe.

Meta’s Reality Labs loses $3.7 billion in third quarter as Zuckerberg’s big bet keeps bleeding cash Mark Zuckerberg’s bet on the metaverse has so far been a money-burning endeavor, and the losses keep mounting

Okta cybersecurity breach wipes out more than $2 billion in market cap Okta shares continued their fall Monday after the company said client files had been accessed by an unknown hacker, the latest attempt involving the company.

Apple, caught by surprise in generative AI boom, to spend $1 billion per year to catch up: Report Apple is focused on developing its own AI products to catch up to its competitors.

Chevron to Acquire Hess for $53 Billion in Latest Major Oil Deal The acquisition marks further consolidation of the oil industry and highlights the confidence that energy companies have in the future of fossil fuels.

Biden requests $105 billion in emergency funds for Israel, Ukraine and other crises.

Details of Biden’s $105 Billion Funding Request for Israel and Ukraine The package also includes money for border security, humanitarian aid, and Taiwan.