The Download: RIP EV tax credits, and OpenAI’s new valuation
1 OpenAI has become the world’s most valuable startup Move aside, SpaceX. (Bloomberg $) + OpenAI is now valued at an eye-watering $500 billion. (FT $) + The valuation came after workers…
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Warren Buffett’s Berkshire Hathaway to buy Occidental’s chemical unit for US$9.7 billion
OxyChem is set to be Berkshire’s largest acquisition since it took over the insurer Alleghany in 2022 Warren Buffett’s Berkshire Hathaway reached a deal to buy Occidental Petroleum’s…
Musk becomes first person to hit US$500 billion net worth, Forbes list shows
Elon Musk on Wednesday (Oct 1) became the first person to surpass US$500 billion in net worth, powered by a rebound in Tesla’s share price this year and swelling valuations of his other…
SIT and Nvidia to jointly train 200 AI specialists over three years
The collaboration aims to bridge the talent gap between artificial intelligence research and enterprise application A new training programme in artificial intelligence (AI), a…
Microsoft bets US$33 billion on neoclouds like Nebius to ease AI crunch: sources
Microsoft’s deal with neocloud company Nebius Group will provide computing power to internal teams creating large language models and a consumer AI assistant, according to people familiar…
Ziplines, DJs and Trump: Singapore’s crypto conference has attendees roaring
From making predictions about a multi-trillion stablecoin market to praising US President Donald Trump for his support of the crypto industry, a high-profile conference in Singapore this…
The stars are aligning for Lendlease Reit to transform into a pure-play retail landlord
The potential sale of the trust’s Sky Complex office property and acquisition of PLQ Mall should excite unitholders Lendlease Global Commercial Reit (LReit) could be on the cusp of a…
Emma Watson Cannot Have It Both Ways in Her Feud with J. K. Rowling
The famous author, naturally, saw right through the actress’s artifice. Source link
The Great Relearning
We are caught in a cycle of forgetting, then rediscovering, society’s most obvious lessons. Source link
States Should Beware Legal ‘Double-Dipping’
Amid an ethics epidemic, states should kick the tires on outside counsel contracts. Source link
Argentina’s Need for ‘Politics Without Romance’
Argentina requires profound structural changes that go beyond Milei himself. Source link
The Unexpected Sweetness of Bill and Ted’s “Waiting for Godot”
The jokes started before rehearsals did. “Waiting for Bill and Ted”; “Bill and Ted’s Existentialist Adventure”; “Party On, Godot!” How could we not make cracks after Keanu Reeves and Alex…
EV tax credits are dead in the US. Now what?
Ultimately, it’s not terribly surprising that there are local effects around these policy changes. “The question is really how long this decline will last, and how slowly any recovery in…
Asia’s public markets must maintain performance and growth to drive inflows, GIC, Danantara executives say
Improving corporate governance help markets perform and allow for exits, so private equity performance can follow Strong public markets in Asia can help bring investment flows to the…
Underpinned by rate-cut optimism, STI, DBS break records
Benchmark index closes up 1.7% at 4,395.21 points; lender advances 2.4% to S$52.84 The blue-chip gauge of the Republic, the Straits Times Index (STI), soared to a new record of 4,395.21…
BYD-linked consortium wins Singapore contract to trial autonomous buses in public
The vehicles will be piloted on services 400 and 191 for three years, starting in the second half of 2026 The Land Transport Authority (LTA) on Thursday (Oct 2) awarded an S$8.1 million…
LNG demand for ships set to at least double by 2030 globally
Demand for liquefied natural gas (LNG) as a marine fuel will at least double by 2030 as abundant supply and rising emissions regulations spur orders for ships that can run on it, industry…
Turning migration into modernization
“There’s still a lot of uncertainty in the marketplace around VMware,” explains Matt Crognale, senior director, migrations and modernization at cloud modernization firm Effectual, adding…
US offers to buy stakes in Australian critical minerals companies
The American government has already taken equity holdings in US-listed critical minerals companies The US government has offered to buy equity in Australian critical minerals companies as…
John Corbett Is ‘Shocked’ That ‘And Just Like That’ Is Over — But He’s Not Surprised Carrie and Aidan Didn’t Last
John Corbett wasn’t surprised that Carrie and Aidan didn’t end up together when “And Just Like That” came to a close after just three seasons. The pair’s on-again off-again relationship of…
Roundtables: Trump’s Impact on the Next Generation of Innovators
Every year, MIT Technology Review recognizes dozens of young researchers on our Innovators Under 35 list. We checked back in with recent honorees to see how they’re faring amid sweeping…
Kerry Washington Brings Patent Edge to Classic Tweed With Louboutin’s Reinvented Miss Z Pump
Christian Louboutin’s latest stiletto made its way into Harlem on Tuesday night, as Kerry Washington joined Audible to kick off CultureCon with the launch of “Prophecy” Season Two. The…
JD Vance Flails When Reminded of Trump’s Vow to Hurt Dems in Shutdown
Shortly after, Vance circled back to “the sombrero thing,” saying, “Hakeem Jeffries said it was racist. And I know that he said that, and I honestly don’t even honestly know what that…
Retired General Slams Trump And Hegseth For Their "Insulting" Remarks to Military Leaders
Former Lt. Gen. Mark Hertling called the gathering “somewhat shocking” and “filled with mistruths.” View Entire Post › Source link