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Dick’s Secures $2.4 Billion Foot Locker Acquisition
Foot Locker is now officially a part of Dick’s Sporting Goods. Dick’s announced Monday (Sept. 8) that it had concluded its $2.4 billion acquisition of the footwear and sporting goods ch...
Stablecoins Face Liquidity Shakeout That Could Upend Payment Strategies
While stablecoin debates often focus on transparency, reserve quality, and systemic contagion, the greatest risk could be far more mundane: math. As USD-pegged stablecoins increasingly floo...
Databricks Raises $1 Billion to Launch New Products for Building AI Agents
Data analytics firm Databricks is closing a $1 billion Series K funding round that values it at over $100 billion, up from $62 billion at the beginning of the year. The company will use...
PNC Purchases Colorado-Based FirstBank for $4.1 Billion
PNC Bank is looking westward with its acquisition of Colorado-based lender FirstBank. The $4.1 billion deal will make Colorado one of PNC’s top markers in the country, more than triplin...
Sal Khan is hopeful that AI won’t destroy education
Hello, and welcome to Decoder! This is Hank Green, cofounder of Complexly, where we make SciShow, Crash Course, a...
Grayscale files to convert $30 million Chainlink trust into staking ETF on NYSE Arca
Grayscale Investments has filed fresh paperwork with the US Securities and Exchange Commission (SEC), seeking to convert its Chainlink Trust into an exchange-traded fund ETF). The filing, submitted Se...
UK Funds Seek Government Help as IPO Drought Drags On
The U.K.’s IPO drought from last year has reportedly carried over into 2025. Just seven companies have floated and raised capital on the London Stock Exchange (LSE) this year, the Finan...
Alibaba releases Qwen-3-Max-Preview, its largest AI model yet
Alibaba has released Qwen-3-Max-Preview, its most powerful artificial intelligence model so far. The model has over one trillion parameters, making it the largest system the company has built to date....
OpenAI enhances ChatGPT with full Projects access and new branching feature
OpenAI has rolled out two updates to ChatGPT aimed at helping users stay organized and manage conversations more effectively. The Projects feature is now available to all users, including those on fre...
Brazil’s Itaú Asset Management Launches First Dedicated Crypto Division
Itaú Asset Management, Brazil’s largest private asset manager, has set up its first dedicated cryptocurrency unit as the firm steps up its push into digital assets, appointing former Hashdex execut...
Newswire > Tag: management
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