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Nvidia investing up to $100B in ChatGPT owner OpenAI to create ‘new AI breakthroughs'
New York Post· 2025-09-22 17:50
Chipmaker Nvidia will invest up to $100 billion in ChatGPT owner OpenAI and provide it with data center chips, the companies said Monday, a tie-up between two of the highest profile leaders in the global artificial intelligence race.The move underscores the increasingly overlapping interests of the various tech giants developing advanced AI systems. The deal gives Nvidia a financial stake in the most prominent AI company in the world, which is already an important customer.The investment gives OpenAI the ca ...
Oracle names co-CEOs to take reins from billionaire Safra Catz as TikTok deal looms
New York Post· 2025-09-22 17:12
Oracle on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was instrumental in shaping the company’s cloud strategy and thrusting it to the forefront of the ongoing AI boom with big contract wins.In her 11 years at the helm, Catz turned Oracle into a cloud powerhouse from a database provider by fiercely competing for a share of the lucrative data center business with Microsoft and Alphabet, while helping drive its market capitalization to nearly a trillion dollars.S ...
Disney could be forced to choose between Jimmy Kimmel and the NFL as massive ESPN deal looms: report
New York Post· 2025-09-22 14:26
公司与NFL合作协议 - ESPN与NFL达成重磅协议 以10%股权(价值20-30亿美元)换取NFL Network、RedZone和梦幻足球资产 [2][15] - 协议需经特朗普政府监管机构批准 面临政治不确定性 [2][3] - 前白宫发言人指出特朗普可能利用媒体合并作为政治筹码 使交易复杂化 [3][4] 深夜节目主持争议事件 - ABC突然停播《Jimmy Kimmel Live》因主持人言论涉及保守派活动家刺杀事件引发政治风波 [6] - 主持人年薪约1600万美元 合约持续至2026年 已担任ABC深夜节目22年 [16] - 迪士尼要求主持人缓和言论以复播 但双方未达成共识 [18][19] 政治因素影响 - 特朗普威胁撤销批评其媒体的广播牌照 称ABC是民主党附属机构 [7] - 特朗普公开表示主持人因收视率差被解雇 否认与言论自由相关 [8] - 前迪士尼CEO批评停播决定是屈服于政治胁迫的行为 [12] 公司内部应对措施 - 停播决定基于员工安全与广告商顾虑 主持人拒绝撤回言论 [15] - 公司未提供复播时间表 正评估政治舆论发展以决定主持人去留 [16] - ESPN知名主持人公开声援 肯定其多年贡献并警告政治干预风险 [17][18] 行业关系动态 - NFL委员曾与特朗普保持良好关系 共同出席活动并庆祝选秀活动 [12] - 迪士尼附属电视台拒绝播出节目直至主持人道歉 [13] - 事件重燃公司与NFL之间的分歧线 影响价值数十亿美元的合作关系 [1][13]
Here are 4 big worries plaguing investors — as stocks hit all-time highs
New York Post· 2025-09-22 10:00
With stocks notching all-time highs here and abroad, investor skittishness is likewise going through the roof – after all, there’s more to lose than ever, right? Here are four particularly niggling and nervous questions I have been fielding of late. Let’s try and sort out which are worth our time – and, of course, our money.Don’t the economy and stocks need the Fed to cut rates NOW?Might Fed cuts benefit America? Sure! Cuts can steepen the yield curve — the gap between short-term and long-term interest rate ...
Fox's Lachlan Murdoch may be part of TikTok deal, Trump says
New York Post· 2025-09-21 23:02
President Trump said Sunday that Lachlan Murdoch, the head of Fox Corp. and sister media company News Corp, could be included in a group of US investors that includes tech moguls Larry Ellison and Michael Dell that would buy a controlling stake in TikTok’s US operations. “I think they’re going to be in the group,” the president said in an interview with Fox News’ “The Sunday Briefing that was recorded Friday and aired Sunday. “A couple of others. Really great people, very prominent people. And they’re also ...
Nissan pulls 2026 Ariya electric SUV from US lineup over Trump's 15% tariff on Japan
New York Post· 2025-09-19 18:48
Nissan is pulling its Ariya electric SUV from the US lineup for the 2026 model year, a move that industry observers say was pushed over the edge by President Donald Trump’s 15% tariff on Japanese-built electric vehicles.The Japanese automaker told dealers it would halt Ariya imports next year, explaining in a memo that the decision would “reallocate resources and optimize its EV portfolio as the automotive landscape continues to evolve.”In a separate statement, Nissan said it is “pausing production of the M ...
Paramount Skydance eyes takeover bid for Warner Bros. Discovery as high as $24 a share: report
New York Post· 2025-09-19 15:28
Paramount Skydance is preparing a blockbuster bid for Warner Bros. Discovery that could value the struggling media giant at up to $24 a share, according to CNBC.The proposed deal is expected to be 70% to 80% cash — backed in part by Oracle co-founder Larry Ellison, father of Paramount Skydance CEO David Ellison — with the rest in stock.CNBC reporter David Faber said Friday that Paramount Skydance, the Ellison-controlled venture, is eyeing a bid in the range of $22 to $24 per share. 5 A Paramount Skydance ...
Wall Street group CFA finally ditching DEI — but still grappling with internal chaos
New York Post· 2025-09-19 12:48
The CFA Institute appears finally to be detoxing from its addiction to DEI, On The Money has learned.The group that administers the grueling exam that for decades has been a rite of passage for Wall Street analysts has renamed its Diversity Equity and Inclusion Code of Conduct to something more palatable (and legal) to many of its members.The new “Inclusion Code” no longer calls on money managers and financial advisers to consider so-called intersectionality in their business practices, everything from hiri ...
Bank of America boss Brian Moynihan is finally getting religion on risk-taking — here's why
New York Post· 2025-09-19 11:00
Bank of America’s boss may be finally getting religion on risk-taking – and it looks like a possible bid to keep his job, On The Money has learned.CEO Brian Moynihan – who has been notoriously cautious leading the nation’s No. 2 bank since the 2008 financial crisis – surprised and delighted insiders and investors alike as he promoted Jim DeMare to group co-president – positioning him as his possible successor.The reception was joyful partly because inside BofA, DeMare is considered the anti-Moynihan: He’s n ...
Cracker Barrel facing aggressive proxy battle from Steak ‘n Shake owner
New York Post· 2025-09-18 20:44
Cracker Barrel is under siege by an activist investor who smells blood after the country restaurant chain’s logo fiasco.The owner of Steak ‘n Shake, Sardar Biglari, is contesting the re-election of Cracker Barrel chief executive Julie Felss Masino and director Gilbert Davila to the company’s board, according to a securities filing on Thursday.It’s Biglari’s eighth attempt to win a seat on Cracker Barrel’s board. He first invested in the company in 2011 and now owns nearly 3% of the company’s stock. 4 Sard ...