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Categories Business

Getty Images to buy Shutterstock as part of $3.7 billion visual content expansion

January 9, 2025

Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for

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Categories Business

Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

January 9, 2025

D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked

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Categories Business

FTC chair hopes Amazon, Facebook won’t get ‘sweetheart deal’ from Trump in antitrust cases

January 8, 2025

Federal Trade Commission Chair Lina Khan said Tuesday she hopes the incoming Trump administration will not let Amazon and Facebook parent Meta off the hook from pending

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Categories Business

Eli Manning says ‘only one team’ he’d take an ownership stake in: The New York Giants

January 8, 2025

Former New York Giants quarterback Eli Manning would consider becoming a minority owner of his old team if the Mara family is

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Categories Business

Sierra Space CEO leaves as $5 billion company pushes to launch space plane

January 8, 2025

Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday. In a statement, Sierra Space said Vice retired Dec. 31. Chairman Fatih Ozmen

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Categories Business

U.S. Steel sues Biden admin, union boss after president blocks acquisition deal

January 8, 2025

U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president announced he

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Categories Business

Vail stock struggles as strike leads to long lines at Park City Mountain

January 7, 2025

Vail Resorts shares have dropped in recent weeks as a labor dispute roiled one of America’s most prominent skiing destinations. The Park City Professional

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Categories Business

The fight over credit card swipe fees enters a new year with no end in sight

January 7, 2025

Many small businesses are breathing a bit easier as inflation has cooled and the race for workers slows. But consumers’ steady embrace

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Categories Business

McDonald’s is the latest company to roll back diversity goals

January 7, 2025

Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices, citing a

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Categories Business

Disney to combine its Hulu+ Live TV with streamer Fubo

January 7, 2025

Disney will combine its Hulu+ Live TV service with Fubo, merging together two internet TV bundles, the companies announced on Monday. Disney will become majority

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