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Trump demands $1 billion from Harvard | Fortune
President Donald Trump is demanding a $1 billion payment from Harvard University to end his prolonged standoff with the Ivy League campus, doubling the amount he sought previously as both sides appear to move further from reaching a deal.The president raised...
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‘Space-based AI is obviously the only way to scale’: Elon Musk hatches grand plan as he merges SpaceX and xAI | Fortune
Elon Musk is joining his space exploration and artificial intelligence ventures into a single company before what’s expected to be a massive initial public offering for the business later this year.His rocket venture, SpaceX, announced on Monday that it...
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Did Target’s CEO miss the mark by ignoring Minnesota? | Fortune
Good morning. If you read brand new Target CEO Michael Fiddelke’s first message as chief to customers, employees and partners, you could be forgiven for not realizing that the retailer currently finds itself in the maelstrom surrounding immigration raids...
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Indonesia’s Danantara bets a new $6B SOE can save a textile industry from Trump tariffs and foreign competition | Fortune
Indonesia plans to establish a new state-owned enterprise (SOE) to rejuvenate its struggling textile and garment industry and shield it from fallout from U.S. President Donald Trump’s tariffs.The decision, announced on Jan. 14 by Airlangga Hartato, Indonesia’s coordinating minister...
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‘We are an n of 1’: Palantir hails ‘incredible’ earnings as stock rockets nearly 8% after hours | Fortune
Palantir Technologies declared, “We are an n of 1” in the artificial intelligence software market on Monday, as the data analytics group reported yet another set of record quarterly results, sending its shares surging nearly 8% in late trading.Investors cheered a...
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Oracle said it was ‘highly confident in OpenAI’s ability to raise funds and meet its commitments.’ Cue the stock fall | Fortune
Oracle opened the day higher on plans to raise $50 billion for AI infrastructure. It closed lower after reminding investors who that infrastructure is for.The company said Sunday night that it planned to raise up to $50 billion in...
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Why Bitcoin is in a bear market: Analyst points to 3 factors after currency swoons below $75,000 | Fortune
It’s February and many traders are feeling a chill that feels a lot like crypto winter. Bitcoin dropped below $75,000 on Sunday, the latest in a series of slides that have dragged down the original cryptocurrency since last autumn. ...
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‘You’re not a hero, you’re a liability’: Shark Tank’s Kevin O’Leary warns Gen Z founders to stop glorifying hustle culture | Fortune
Gen Z founders chasing their big break are facing a modern-day Catch-22: protect their mental health or sacrifice work-life balance in pursuit of success. Shark Tank investor and millionaire Kevin O’Leary has clear advice for Gen Z founders weighing how...
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Denmark’s generous child care and parental leave policies erase 80% of the ‘motherhood penalty’ for working moms
For many women in the U.S. and around the world, motherhood comes with career costs.Raising children tends to lead to lower wages and fewer work hours for mothers – but not fathers – in the...
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Trial of Norway crown princess’ son hears tearful account in rape trial
The first alleged victim begins giving evidence in Marius Borg Høiby's trial for rape and more than 30 other...