Anthropic CEO Dario Amodei has pledged a portion of his company shares to charity with unusual conditions, according to an SEC filing.
Anthropic CEO Dario Amodei charts a new direction for tech philanthropy
Source: CNBC
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DoorDash to acquire Instacart for $17 billion
DoorDash has announced that it's buying Instacart in a deal valued at approximately $17 billion. The acquisition will give DoorDash a bigger presence in online grocery delivery thanks to Instacart's established grocery marketplace and retailer partnerships, with Instacart CEO Chris Rogers saying the deal will make "online grocery more seamless and affordable" for millions of […]
CNBC
President of the European Central Bank Christine Lagarde to step down. Here's who is tipped to replace her
European Central Bank President Christine Lagarde will step down on Feb. 7 next year, she announced Thursday.
CNBC
Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates
The personal consumption expenditures price index was projected to increase 0.5% in September for an annual rate of 3.7%, according to the Dow Jones consensus.
CNBC
Analysis: Kevin Warsh is keeping his options open — and Wall Street guessing
The new chairman made clear he leans toward higher interest rates, but left himself options depending on how the data comes in.
The Guardian
UK government borrowing costs fall as City welcomes ‘no harm’ budget – business live
Premier owner Whitbread says budget business rate measures ‘will do much to mitigate’ damage of past two budgets to hospitality sector The Institute for Fiscal Studies said Wednesday’s budget was “broadly the budget that many people were expecting”. IFS director Helen Miller told journalists at a press briefing: A relatively small cost of living package and a handful of tax rises. Borrowing higher across the rest of the decade. Nods that there are bigger things to come, including in the 10-year plan. One surprise was the length of the scorecard. There were a whopping 98 measures. Some of this seemed to be in the spirit of the prime minister’s ‘everyday fixes’ – small measures that make things better. Sadly, there was also a lot of small, unhelpful fiddling with the tax system. That she [ Christine Lagarde ] leaves early is no surprise and does not change the outlook for ECB policies and
CNBC
AI build-out hits snag as Google and Microsoft put off raising capex forecasts
Microsoft and Alphabet both reported capital expenditures that fell short of estimates, adding to concern over the cost of the AI build-out.