Economy

Economy
Economy

David Ellison Taps Mattel’s Ynon Kreiz to Be Co-CEO of Merged Paramount-Warner Bros.

David Ellison is assembling a powerhouse leadership team as he prepares to launch one of the most ambitious media conglomerates in history. Paramount announced Wednesday that Ynon Kreiz, the outgoing CEO of Mattel, will join the organization as co-CEO following the massive merger between Paramount and Warner Bros. Discovery. The deal, valued at 111 billion

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Economy

Google announces Gemini 4 and says it’s so capable that only ‘trusted cyber defenders’ can have it right now

Google has officially pulled back the curtain on its latest leap in artificial intelligence, unveiling a powerhouse model dubbed Gemini 4 Argon. According to Koray Kavukcuoglu, the chief AI architect and SVP of Google DeepMind, the new system is designed to handle high stakes, complex workflows that go far beyond simple chat interactions. Specifically, the

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Economy

Google announces Gemini 4 Argon AI model, but you can’t use it yet

Google is stepping back into the high stakes race for frontier artificial intelligence with the announcement of Gemini 4 Argon. After spending much of the summer focusing on smaller, faster Flash models instead of the promised Gemini 3.5 Pro, the tech giant is now pivoting toward raw power. According to the company, Argon delivers industry

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Economy

Judge allows Paramount to close $110 billion takeover of Warner Bros. Discovery

A California judge gave the green light on Wednesday for one of the most ambitious mergers in entertainment history, clearing the final legal hurdle for Paramount Skydance to move forward with its 110 billion dollar acquisition of Warner Bros. Discovery. This massive consolidation will unite some of the world’s most influential media brands under one

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Economy

Eli Lilly says closely watched combo obesity regimen boosts weight loss in mid-stage trial

Eli Lilly has announced promising results from a mid-stage clinical trial for a new combination obesity treatment that significantly outperforms its already popular weight loss injections. By pairing the experimental drug eloralintide with a low dose of tirzepatide, the active ingredient found in Zepbound and Mounjaro, researchers observed substantial weight loss in patients struggling with

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Economy

Watchdog finds no criminality in Fed renovation that drew Trump’s scrutiny

A federal watchdog has cleared the Federal Reserve of any criminal wrongdoing regarding a massive, multi-billion dollar renovation project that once became a lightning rod for criticism from Donald Trump. In a detailed 120 page report released Wednesday, the Office of the Inspector General stated there were no reasonable grounds to believe federal laws were

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Economy

AI safety group sues OpenAI over Hugging Face hack

A legal battle is brewing in San Francisco after a nonprofit dedicated to artificial intelligence safety filed a lawsuit against OpenAI following a security breach at Hugging Face. The complaint, submitted Tuesday to the San Francisco Superior Court by Legal Advocates for Safe Science and Technology, alleges that OpenAI unleashed an army of autonomous AI

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Economy

A startup wants to build a massive nuclear-powered data center on public land in Utah

A startup with grand ambitions to revitalize the nuclear industry is planning a massive energy and technology hub on thousands of acres of public land in Utah. Known as Project Beehive, the proposal by Valar Atomics envisions the installation of roughly 456 small modular reactors across more than 9,000 acres managed by the Bureau of

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Economy

People switching to Novo’s Wegovy pill from obesity injections kept losing weight in real-world study

Patients transitioning from injectable obesity medications to Novo Nordisk’s new Wegovy pill continue to shed weight, according to fresh real world data presented this week. The analysis suggests that moving to a tablet doesn’t just help patients maintain the progress they made on shots but may actually accelerate further weight loss. This finding offers a

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Economy

Ken Griffin pledges $3 billion to Carnegie Mellon University in ‘historic’ gift

Ken Griffin, the billionaire chief executive of Citadel Advisors, has made a staggering three billion dollar commitment to Carnegie Mellon University, marking what officials call the largest individual gift in the history of higher education. Announced on Wednesday during the World Economic Forum in Davos, the contribution shatters the previous record set last year by

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