Author: Lauren Bell

I write about the world’s richest people and their businesses. I graduated from Miami University (OH). I recently completed an M.S. in Journalism at Columbia University with an investigative journalism focus. I am a New Jersey native living in Chicago.

OpenAI made a deal with a company called Thrive Capital. This deal made OpenAI worth $80 billion or even more. The New York Times reported this boosted OpenAI’s value by almost three times compared to nine months ago. OpenAI will engage in an existing share sale under the “so-called tender offer” led by Thrive. The Times reported this, mentioning they got the information from unnamed sources familiar with the deal. They also mentioned that this deal would let employees sell their shares in the AI company and get money for them. OpenAI Deal With Thrive Capital and Share Sale Details…

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Nvidia(which is founded by Jensen Huang) became worth more than Amazon in terms of how much investors value them on Tuesday. This shows that a lot of people want the computer chips Nvidia makes for high-tech things like artificial intelligence. Nvidia’s stock price ended at $721.28 per share, making its total value $1.78 trillion, which is more than Amazon’s $1.75 trillion value. Nvidia briefly passed Amazon on Monday too, but this is the first time since 2002 that Nvidia is worth more than Amazon when the market closes. Nvidia Surpassed Amazon in Market Capitalization In 2002, Nvidia mainly sold graphics…

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Meta is doing really well in the beginning of 2024, following its “Year of Efficiency.” The value of Meta Platforms’ shares is getting close to $1 trillion because its stock price went up by 200% in 2023. Right now, Meta’s total market value is $966.60 billion, so it’s just $33.4 billion away from reaching the impressive $1 trillion mark. Meta’s Path to a Trillion-Dollar Value If Meta reaches $1 trillion, it will be in the same league as other major tech companies like Nvidia, Microsoft, Apple, Amazon, Google(parent Alphabet), all of which are currently worth $1 trillion or even more.…

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If you want a better job in 2024, think about working in technology, finance, or consulting. Recent research from Glassdoor shows that the top 10 companies where employees are happiest and most successful are mostly in these three industries. Glassdoor revealed its yearly ranking of the Best Places to Work for 2024 on Wednesday. The list includes companies with a minimum of 1,000 employees and 75 reviews on the job site. Each company received ratings on a 5-point scale, considering aspects such as career opportunities, compensation, culture, senior management, and work-life balance. Glassdoor’s researchers assessed millions of employee reviews and…

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On Thursday, Microsoft briefly became the world’s most valuable publicly traded company, surpassing Apple’s market capitalization, according to a report. Microsoft’s value went over $2.8 trillion, taking the lead at the beginning of trading. Although Apple’s market cap also exceeded $2.8 trillion, it was slightly behind Microsoft. However, the positions quickly switched back, with Apple regaining the top spot. This back-and-forth continued throughout the morning. Apple’s shares faced challenges in the first two weeks of the year, with analysts from three banks downgrading the company’s stock due to concerns about a slowdown in iPhone demand. Microsoft has highlighted the potential…

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Honda Motors – introduced two concept cars on Tuesday at the CES tech conference, offering a glimpse of an upcoming series of electric vehicles set to debut in North America in 2026. The concept models, named “Space-Hub” and “Saloon,” will serve as the basis for the initial production of the “Honda 0 Series” EV, as stated by the Japanese automaker. Honda stated that the new “0 Series” vehicles are being created with three main principles in mind: “Thin, light, and wise.” Honda Unveils Electric Concepts at CES 2026 Honda CEO Toshihiro Mibe stated that in a press release, “We aim…

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On Sunday, Elon Musk said he didn’t use any illegal drugs. He mentioned that there were no even tiny amounts of drugs or alcohol found in his body during random drug tests spanning three years. This comes after a Wall Street Journal report discussed concerns from colleagues in top positions at Tesla and SpaceX about Musk’s drug use. https://twitter.com/elonmusk/status/1743966490917794153/ In 2018, Musk was filmed smoking marijuana during a recording of the “Joe Rogan Experience” podcast. This caused issues with NASA, as they required confirmation that SpaceX maintained a drug-free environment to keep their approval as the sole government contractor authorized…

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Not too long ago, people made fun of Mark Zuckerberg, who used to be the CEO of Facebook. Sometimes, he seemed a bit robotic when in public, and the way he led Facebook seemed more responsive than creative. While he was in charge, Facebook often copied ideas from smaller companies instead of coming up with its own. Instead of making new things, Facebook grew by buying other companies, like Instagram and WhatsApp. The company faced problems with the Cambridge Analytica scandal, revealing how much data it keeps. In 2021, Facebook changed its name to Meta, taking a big risk on…

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The American company Tesla(which is founded by Elon Musk) that makes electric cars is getting ready to make an updated Model Y SUV in China, Bloomberg News reported, citing people familiar with the matter. They might start making a lot of them by around the middle of 2024, the people said, asking not to be identified because the information isn’t public. The new Model Y in 2024 will look quite different on the outside and inside compared to the last update in October. In that update, they changed the design of the wheels and added special lighting inside, but the…

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On Tuesday, Bristol Myers Squibb announced a purchase of RayzeBio for around $4.1 billion, according to a report. This move is aimed at strengthening Bristol’s cancer drug business and is the second multi-billion dollar deal the company has made in less than a week. Through this acquisition, Bristol Myers Squibb adds a late-stage targeted cancer therapy from RayzeBio to its portfolio. This therapy, known as RYZ101, utilizes radioactive particles to eliminate tumor cells. Currently, RYZ101 is undergoing late-stage studies specifically for a rare form of pancreatic cancer. On Friday, Bristol Myers also revealed a $14 billion acquisition of Karuna Therapeutics,…

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