News
The EU’s €2T budget overlooks a key tech pillar: Open source
On July 16, the European Commission proposed a €2tn seven-year budget – the largest in the EU’s history – to boost autonomy,…
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Business
SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo say
The cuts mark the third round of layoffs at the Japanese investment conglomerate’s flagship fund since 2022 SoftBank Group will lay off…
Business
Ticket reseller StubHub's IPO 20 times oversubscribed, source says
Ticket reseller StubHub, which delayed its US listing in April amid market volatility, has drawn over 20 times as many orders for its…
Business
Paramount Skydance prepares bid for Warner Bros Discovery, source says
PARAMOUNT Skydance is preparing a bid to buy Warner Bros Discovery, a source familiar with the matter told Reuters on Thursday,…
Business
Visa closes US open-banking unit as data fight heats up: source
Open banking has gained traction in Europe, where regulators required banks to share data with licensed third parties, but the US lacks…
News
Hamas agrees to new Gaza ceasefire proposal, source in group says
Hamas has agreed to the latest proposal from regional mediators for a Gaza ceasefire and hostage release deal with Israel, a source in the…
News
Katy Perry-Justin Trudeau Romance: Singer and Politician Have 'Instant Connection', Source Says
Katy Perry and Justin Trudeau have an instant connection, according to a Canadian source. The source said the American singer and the…
Business
Tesla signs US$4.3 billion LGES battery deal, source says, reducing China reliance
South Korea’s LG Energy Solution (LGES) has signed a US$4.3 billion deal to supply Tesla with energy storage system batteries, said a…
Business
Blackstone drops out of consortium bid for TikTok US: source
PRIVATE equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok’s US operations, a source familiar with the…
Lifestyle
Wells Fargo suspends China travel after employee exit ban: source
Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a source familiar with the matter told…
Business
Kraft Heinz explores grocery business spinoff worth up to US$20 billion: source
[Bengaluru] Kraft Heinz is studying a potential spinoff of a large chunk of its grocery business, including many Kraft products, into a…
Business
OpenAI turns to Google's AI chips to power its products: source
OpenAI recently began renting Google’s artificial intelligence (AI) chips to power ChatGPT and its other products, a source close to the…
News
Capitol Hill divided on source of rising antisemitic violence
A wave of antisemitic attacks nationwide brought bipartisan agreement on Capitol Hill about the growing nature of the problem, but…
Business
Negative reviews are your best source of feedback
Acquiring new customers has become increasingly challenging and expensive. Customer acquisition costs have risen substantially in the last…
News
DOJ opens criminal investigation of former New York Gov. Andrew Cuomo, AP source says
The Justice Department has opened a criminal investigation into former New York Gov. Andrew Cuomo after congressional Republicans…
Fashion
I'm Fashion People's Go-To Source for Style Inspo—Here's Everything I'm Shopping for Spring
Over the past few months, our fashion editors have been spotlighting the must-have spring buys—everything from It jackets to the most…
Business
Frasers Property sees several senior management changes amid broader industry challenges in the UK: source
Several of Frasers Property’s senior management team will be leaving the company, including group chief operating officer (COO) Anthony…
Business
Frasers Property sees several senior management changes: source
Several of Frasers Property’s senior management team will be leaving the company, including group chief operating officer (COO) Anthony…
Fashion
Melania Trump’s Dior Wedding Dress Is Not Being Sold on EBay, According to Source
Melania Trump celebrated her 20th wedding anniversary in January, and an eBay seller claims to be selling a remnant of her wedding day. An…
Business
Temasek-backed 65 Equity Partners sees global firms as possible source for IPO pipeline
The firm’s Anchor Fund @ 65 mandate complements measures unveiled in MAS equities review group, says management Compared with stock…
Business
HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs: source
HSBC has laid off around 40 investment bankers in Hong Kong, according to a source with direct knowledge of the matter, as part of a…
Business
I Squared eyes DigitalBridge towers in South-east Asia: source
I SQUARED Capital is considering buying some of the assets of DigitalBridge Group’s South-east Asian telecom tower operator, according to…
Culture
Bill Gates’ Tells His Story for First Time in New Memoir, ‘Source Code: My Beginnings’
If you purchase an independently reviewed product or service through a link on our website, Variety may receive an affiliate commission.…
Business
Vanke in talks to sell logistics firm stake to GIC: source
INDEBTED property developer China Vanke is in advanced talks to sell a controlling stake in VX Logistics to Singaporean sovereign wealth…