Nu Wins Conditional Approval for US National Bank Charter
Digital financial services giant Nu received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a new national bank in the United States, according to a Thursd...
A SpaceX Merger Would Reward Musk Loyalists
Before we get into today’s news, check out a string of scoops from my colleague Sri on the rivalry between OpenAI and Anthropic. OpenAI, she reported last night, is talking to Nvidia, Amazon, Micros...
Amazon Eyes $50 Billion OpenAI Stake
Amazon is discussing investing as much as $50 billion in OpenAI, The Wall Street Journal reported Thursday (Jan. 29), citing unnamed sources.
The move that would mark one of the largest sin...
Caterpillar Reports Growth From Data Center Demand
Caterpillar is reshaping how customers use its equipment as demand shifts toward data centers, autonomous operations and energy reliability. On its latest earnings call, held on Thursday (Jan. 29) the...
SAP Stock Sees Biggest Drop Since 2020 Over Cloud Concerns
Shares in German tech giant SAP have reportedly seen their largest one-day loss since 2020.
The decline came as the company rattled investors over the health of its cloud computing business...
Starbucks Brings Back Tiered Rewards Program
Starbucks is preparing to launch an updated version of its loyalty rewards program.
Beginning March 10, the coffee chain will offer a three-tiered rewards structure, with “Green,” “G...
