David Zaslav wants a bidding war for his media conglomerate — and investors say “bring it on!” Shares of Warner Bros. Discovery spiked 17% to $18.87 on Friday after The Post reported that CEO Zaslav isn’t waiting around for Paramount Skydance to officially confirm a reported monster bid for the owner of Warner Bros. studios, HBO, TNT and CNN. Paramount …
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Earlier advances in software, cloud, and mobile capabilities forced nearly every business—from retail giants to steel manufacturers—to invest in digital transformation or risk obsolescence. Now, it’s AI’s turn. Companies are pumping billions of dollars into AI investments to keep pace with a rapidly changing technology that’s transforming the way business is done. Robinhood CEO Vlad Tenev told David Rubenstein this …
Read More »Bo Hines named CEO of Tether’s new US arm as company unveils USAT stablecoin The Block Tether unveils USAT stablecoin to boost US market presence Reuters Crypto group Tether to launch new stablecoin with eye on US markets Financial Times Tether Unveils USA₮, its Planned U.S.-Regulated Dollar-Backed Stablecoin, and Will Appoint Bo Hines as CEO of Tether USA Tether.io Tether reveals USAT stablecoin, appoints …
Read More »CEO whose comments sparked Trump’s Memphis action also pitched him on a big rail merger Politico Memphis next US city to see National Guard troops, Trump says BBC Mayor urges governor to ‘please reconsider’ Guard deployment WREG.com Memphis barbecue joint in ‘resilient city’ hopes for ‘constructive’ National Guard presence Fox News Blue states shunned the National Guard. Tennessee governor is taking a different approach. Politico …
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Solana’s SOL rallied above $239 on Friday, extending its sharp September gains, as Galaxy Digital CEO Mike Novogratz described the blockchain as “tailor-made” for global financial markets and analyst Ali Martinez charted a potential path to $1,314. Martinez, a well-known crypto analyst, highlighted Solana’s breakout from what chart technicians call a cup-and-handle pattern, a formation that often signals the start …
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By Lananh Nguyen, Ateev Bhandari and Saeed Azhar NEW YORK (Reuters) – Bank of America appointed Dean Athanasia and Jim DeMare as co-presidents on Friday, in a sign that the second-largest U.S. lender is preparing potential successors for CEO Brian Moynihan. Chief Financial Officer Alastair Borthwick was named an executive vice president. “In their new roles as co-presidents, Dean and …
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Tether Unveils USA₮, its Planned U.S.-Regulated Dollar-Backed Stablecoin, and Will Appoint Bo Hines as CEO of Tether USA₮ The introduction of USA₮ and appointment of Bo Hines marks Tether’s next chapter in strengthening U.S. dollar dominance through transparency and innovation 12 September 2025 – Tether, the largest company in the digital asset ecosystem, today unveiled USA₮, its planned U.S.-regulated, dollar-backed …
Read More »ICE raid will delay Hyundai’s construction plans in Georgia, CEO says Axios South Korean workers detained by ICE return home after saga that has rattled close US friendship CNN South Koreans detained in U.S. immigration raid arrive back home without shackles NBC News South Koreans Fly Home After Hyundai Raid, Without Being Handcuffed The Wall Street Journal Trump offered to let S. Korean detainees …
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Opendoor Technologies is going all in on new CEO Kaz Nejatian with an aggressive compensation package that could see him clear $2.78 billion and own nearly 12% of the company. But he’ll have to do more than triple the share price of a real estate technology company some have deemed a buzzy meme stock. In the meantime, Nejatian will have …
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Good morning. It’s Jeremy here, filling in for Andrew, who is now on paternity leave for a bit. So you’ll see a rotating cast of Fortune tech journalists writing this newsletter for a few weeks. Fortune Brainstorm Tech wrapped yesterday. Here were a few highlights from the final day of the conference: Tom Hale, the CEO of Oura, told the …
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