Illustration: The Verge Meta is adding several new features to WhatsApp status, which lets you post disappearing pictures and other media. Once the features roll out over the coming weeks, you’ll be able to react Read more…
A leveraged buyout is a corporate acquisition performed with almost entirely borrowed money. Max via Unsplash; Canva What Is a Leveraged Buyout? A leveraged buyout (LBO) occurs when someone or an entity purchases a company using Read more…
Last week, the Fed lifted the federal funds rate target by 25 basis points to a range of 4.5% to 4.75%. The strong January jobs report released Feb. 3 reinforced the Federal Reserve’s stance that Read more…
Illustration by Kristen Radtke / The Verge; Getty Images Hey, everybody! Nice to be back, though I do miss the sunshine and sick waves (that I did not ride) of Hawaii. I also, quite literally, Read more…
The billionaire and global CEO is attacking the circles of power one after the other. Elon Musk made it his mission to transform civilization. The serial entrepreneur sees himself more as a world leader than Read more…
The money manager sees great promise in Tesla’s ability to come up with an autonomous taxi platform in the next few years. There are some people who may think of autonomous vehicles as the automotive Read more…
Forecasts for the stock market were complicated by a better than expected jobs report on Feb. 3. Michael Burry’s Twitter display name is Cassandra B.C. He is clearly characterizing himself as a modern day Cassandra Read more…
Pretty much every available plot of land on the Las Vegas Strip has been designated as the site of a major future project and that leads to a huge issue. Las Vegas rarely hits capacity. Read more…
Microsoft has invested billions in OpenAI, and is now revealing what the money is building. Last month Microsoft (MSFT) – Get Free Report announced that it was expanding its investment in OpenAI and ChatGPT to the Read more…
A pair of U.S. senators are proposing legislation that the airline industry isn’t going to like. Southwest Airlines is currently in the hot seat for its holiday meltdown, but they’re not the only airline that Read more…