The AI Splurge Is Costing Big Tech Its Workforce

Layoffs might lift some efficiency measures, but there are other considerations.

How Larry Ellison’s Wealth Differs From Other Tech Billionaires

The Oracle co-founder has kept a large stake in his company and pledged much of it…

Don’t Get Greedy With AI Stocks

Plus, sorting software winners and losers

Ligand Pharmaceuticals Is Buying Xoma for Nearly $740 Million

Ligand and Xoma are known as royalty aggregators that invest in drugs during development and collect…

Stock Market Today: Nasdaq and S&P Advance to Records; Oil Up After Peace Talks Stall

Investors brace for a busy earnings week

Tech, Media & Telecom Roundup: Market Talk

Find insight on OpenAI’s partnership with Microsoft, Elon Musk’s legal battle with Sam Altman and more…

Elon Musk Is an Underdog in His $180 Billion Fight Against OpenAI

The lawsuit seeks to oust Sam Altman and claw back billions, testing legal theories about nonprofit…

The AI Splurge Is Costing Big Tech Its Workforce

Layoffs might lift some efficiency measures, but there are other considerations.

Quantum Computing Companies Are in a Race to Go Public

It could be years until quantum computing delivers on its promise to revolutionize everything from financial…

China Bans Meta’s Acquisition of Manus on National Security Grounds

Beijing has banned the $2.5 billion acquisition and ordered the parties involved to rescind the transaction.