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The Latest Breaking News from DealBook

Bezos' Blue Origin is raising outside capital for the first time to compete for NASA contracts as rival SpaceX’s stock falters

Bezos ramps up his rivalry with Elon Musk over space with the move, letting in institutional investors right as SpaceX stumbles in public markets

Fortune

US, China deepen media row as Donald Trump revokes Xinhua journalist’s visa

America has revoked the visa of a Chinese journalist working for Xinhua. This move follows Beijing's decision to expel a New York Times reporter. The US action is a direct response to China's expulsion of Vivian Wang. This tit-for-tat measure escalates tensions. It impacts media access for both nations. The…

The Economic Times

US and China trade journalist expulsions in tit-for-tat moves

The Trump administration has revoked the visa of a Chinese national working for the state news agency Xinhua in the U.S. This move follows Beijing's decision to expel Vivian Wang, a New York Times correspondent, apparently over a DealBook event featuring Taiwan's leader

The Independent UK

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US and China trade journalist expulsions days after Trump visits Xi in Beijing

AAP

Bill Gates donated record $8 billion to Melinda French Gates' foundation as part of their divorce settlement

The donation is one of the biggest ever recorded.

Fortune

What's Going On With Andrew Ross Sorkin's Eye? Viewers Question His Appearance as 60 Minutes Clip on Stock Market Crash Goes Viral

Viewers react to Andrew Ross Sorkin's eye during his viral 60 Minutes interview, as the journalist warns of a looming stock market crash similar to 1929.

International Business Times UK

OpenAI just raised another $8.3 billon in a funding round that values it at an unbelievable $300B, surpassing AMD, Coca-Cola, and General Electric

Who doesn't love a bit of end-stage capitalism.

PC Gamer

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OpenAI’s latest funding round was so popular early investors were reportedly miffed about being pushed aside to make room for new partners

OpenAI just scored another $8.3 billion thanks to new investors, including a $2.8 billion check from Marc Stad’s Dragoneer Investment Group.

Fortune

Europe’s secret ‘big bazooka’ could be a key retaliatory tool against Trump’s new tariffs

The Anti-Coercion Instrument is a secret weapon the EU has never used before.

Fortune

Biden's Wall Street backers discuss whether he should step aside, even as they keep quiet publicly

Some of Biden’s top backers over the weekend discussed how he can best step aside.

Fortune

Report: Term Sheets Exchanged Over Potential Deal Between PGA Tour And Saudi PIF With Negotiations 'Far From Dead'

The New York Times is reporting that a potential deal between the PGA Tour and Saudi Arabian PIF "is far from dead" just days after two PGA Tour board members resigned citing a lack of movement in negotiations.

Golf Monthly

Advertiser backlash may pose mortal threat to Elon Musk's X

Advertising insiders say their clients are worried about the fallout if they place ads on X.

WEKU

Elon Musk admits X is on death row—but he won't save it

Musk's profanity-laden DealBook Summit interview was incredibly revealing.

Fortune

Patrick Cantlay Loses Hat Sponsor After Four Years

The World No.5 is looking for another cap sponsor after New York-based Goldman Sachs chose not to renew their pair's partnership deal

Golf Monthly

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USA Today Sports Media Group

Patrick Cantlay loses Goldman Sachs sponsorship after four years

If Cantlay is going to wear a hat on the golf course in 2024 it won't feature a Goldman Sachs logo.

The Week

Microsoft, Activision and the battle with competition tsars

In a “striking show of leniency by a notoriously tough regulator”, the European Commission has approved Microsoft’s $69bn megadeal with games-maker Activision Blizzard, said DealBook in The New York Times – just weeks after the UK’s competition regulator threw it out.

Axios

The SBF media blitz's key messages

The FTX collapse is the irresistible trainwreck story in business right now, but all the coverage of its instigator might be serving his purposes, as much as the public interest.

Fortune

Sam Bankman-Fried’s ‘I screwed up’ messaging is about lawsuits and penalties vs. jail, says U.S. securities lawyer

FTX founder Sam Bankman-Fried “steered clear of anything that sounded like intentional misconduct,” said U.S. securities lawyer James Murphy.

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news in one place.

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One news app.

Fortune

Crypto billionaire Mike Novogratz says Sam Bankman-Fried ‘should go to jail,' as the ex-FTX billionaire worries about paying his lawyers

“The problem was, he took our money. And so he needs to get prosecuted,” says Novogratz, whose Galaxy Digital disclosed $76.8 million exposure to FTX.

Fortune

Billionaire Bill Ackman and Kevin O'Leary think FTX's Sam Bankman-Fried is telling 'the truth' about being unaware of major problems at his failed crypto exchange

FTX founder Sam Bankman-Fried defended himself Wednesday against fraud accusations in an interview at the New York Times Dealbook Summit.

Bangkok Post

FTX missing billions remain a mystery

Mystery continues to shroud the missing billions at the bankrupt crypto exchange FTX after its disgraced founder Sam Bankman-Fried denied trying to perpetrate a fraud while admitting to grievous managerial errors.

People

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