Business
Corporate strategy, industry analysis, and business insights from global markets.
Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled - abcnews.com
A federal judge has blocked the $6.2 billion merger between local television giants Nexstar Media Group and Tegna until an antitrust lawsuit is resolved
Trump plans to ease access to psychedelics like psilocybin, ibogaine - The Washington Post
The president will direct federal agencies to boost research into the drugs and support clinical trials, moves championed by Health Secretary Robert F. Kennedy Jr.
Anthropic and Trump: Is a truce near? - Politico
Two months ago, the president denounced the AI startup as a "woke" company run by "leftwing nut jobs." But the sides are talking again after Anthropic's new cyber tool sparked fears across the government.
OpenAI loses 3 top executives as it cuts back on 'side quests' - Business Insider
OpenAI loses three executives as it sharpens its business focus and faces rising pressure from Anthropic.
QVC Group, Whose Networks Popularized Shopping On TV, Files For Chapter 11 Bankruptcy - Deadline
QVC Group, which pioneered live TV shopping but grappled with cord-cutting and digital competition, has filed for Chapter 11 bankruptcy.
Sam Altman’s project World looks to scale its human verification empire. First stop: Tinder. - TechCrunch
World, which has raised eyebrows (but also a lot of interest) with its Orb-centered anonymous verification project, is looking to expand its influence via a bevy of new partnerships.
Meta layoffs: Tech giant to cut about 8,000 jobs in May, report says - San Francisco Chronicle
Meta plans layoffs starting May 20 that could affect about 8,000 workers, with more cuts possible later in 2026, Reuters reports.
With Allbirds AI pivot, a familiar strategy takes flight - Axios
Back in the 1990s, companies could slap a ".com" on their names and watch their stocks fly — and it's happening now.
Anthropic debuts Claude Design, because who needs designers? - theregister.com
: The bar for creating visual assets has been lowered to the ability to converse with a model
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