Companies & Startups News - LeadStory

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Jack Daniel's takes dog toy maker to the Supreme Court

Jack Daniel's takes dog toy maker to the Supreme Court

The Supreme Court found itself in the middle of an unusual dispute involving a squeaking dog toy that mimics the iconic bottle of Jack Daniel's whiskey.

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Adobe launches anti-plagiarism AI tools

Adobe launches anti-plagiarism AI tools

Adobe CEO Shantanu Narayen joins Caroline Hyde to discuss the macro environment's impact on the company, and the future of its Figma deal. Plus, more on Adobe's new artificial-intelligence tools de...

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Google launches AI-chatbot to compete with ChatGPT

Google launches AI-chatbot to compete with ChatGPT

Google has announced the launch of its version of an AI-powered chatbot called Bard to keep pace in the rapidly expanding artificial intelligence sector. Starting Wednesday, users can join a waitli...

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Why Elon Musk is a headache for Biden

Why Elon Musk is a headache for Biden

Between Twitter, Starlink, SpaceX and Tesla, Elon Musk's clout and unilateral decision making has made him a big headache for President Joe Biden.

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Credit Suisse bondholders 'cry foul'

Credit Suisse bondholders 'cry foul'

The takeover of Credit Suisse ends days of turmoil, which should be good news for investors -- but one group of bondholders is crying foul over the deal. Kristine Aquino explains why.

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Musk's business empire is a U.S government headache

Musk's business empire is a U.S government headache

Billionaire Elon Musk has control of five companies that reach across the transportation, aerospace, health, telecommunications, and social-media sectors and intersect with governments to varying d...

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Amazon announces more mass layoffs

Amazon announces more mass layoffs

Amazon says it will axe another 9,000 roles, piling on to a wave of layoffs that has swept the technology sector as an uncertain economy forces companies to get leaner. It follows 18,000 layoffs an...

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How it got so bad for Credit Suisse

How it got so bad for Credit Suisse

How a run of bad news took a 167-year-old institution known for Swiss stability to the brink. Here's a look at a history of crises at Credit Suisse.

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U.S. banks tap into $135 billion Fed stimulus

U.S. banks tap into $135 billion Fed stimulus

Banks borrowed a record high combined $164.8 billion from two Federal Reserve backstop facilities in the most recent week, up from $4.58 billion the previous week. Kriti Gupta reports on Bloomberg ...

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Ford announces recall of more than one million cars

Ford announces recall of more than one million cars

The recall impacts approximately 1.2 million Ford Fusions and about 113,000 Lincoln MKZs sold between 2013 and 2018. The front brake hoses on those model years may rupture and leak fluid, according...

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Zipline's unveils new drone delivery system

Zipline's unveils new drone delivery system

Zipline CEO Keller Rinaudo Cliffton joins Caroline Hyde and Ed Ludlow to talk about the company's new platform providing quiet, fast and precise autonomous delivery directly to homes in cities and ...

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U.S warns TikTok to dump parent ByteDance

U.S warns TikTok to dump parent ByteDance

TikTok confirmed Wednesday that US officials have recommended the popular video-sharing app part ways with its Chinese parent ByteDance to avoid a national ban.

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SVB Impact on India's startup ecosystem

SVB Impact on India's startup ecosystem

Inventus Law Founder & Managing Partner Anil Advani discusses the effects of Silicon Valley Bank's fallout on India's startups.

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Silicon Valley Talent Helps Grow Vietnam's Startup Hub

Silicon Valley Talent Helps Grow Vietnam's Startup Hub

Vietnam wants to turn Ho Chi Minh City into the region's next top startup hub. Officials have been ordered to prioritize attracting global talent, with some success.

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Silicon Valley Bank run is 'the new normal'

Silicon Valley Bank run is 'the new normal'

Bill Gurley, the long-time venture capitalist, has this advice for startups in the wake of a bank run that's shaken Silicon Valley: "Assume this is normal."

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TikTok parent valued at $220 billion in fresh deal

TikTok parent valued at $220 billion in fresh deal

ByteDance, the parent company of TikTok, has been valued at around $220 billion in a recent private market investment by the Abu Dhabi artificial intelligence firm G42. Madison Mills reports on Blo...

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Private equity firms eye taking over SVB assets

Private equity firms eye taking over SVB assets

Private equity firms such as Apollo, Blackstone and KKR are said to be eyeing Silicon Valley Bank loan portfolio assets. Sonali Basak and Bloomberg Intelligence's Herman Chan have more on "Bloomber...

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Meta plans to lay of ten thousand employees

Meta plans to lay of ten thousand employees

Meta plans to lay off around 10,000 employees and close about 5,000 additional open roles. The job cuts come as part of Mark Zuckerberg's "year of efficiency." The company already laid off 11,000 p...

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Volkswagen invests $180 billion in electrification

Volkswagen invests $180 billion in electrification

Volkswagen AG is bolstering a push to challenge Tesla Inc.'s leadership on electric vehicles by raising its five-year spending plan to 180 billion ($193 billion). Volkswagen CFO Arno Antlitz provid...

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Founders still don't have access to SVB funds

Founders still don't have access to SVB funds

Jack Singh, CEO of Avahi Inc., says his company is still anxious about not having access to their funds in Silicon Valley Bank, and is looking at how to avoid similar situations in the future.

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U.S Treasury steps in to avert bank crisis

U.S Treasury steps in to avert bank crisis

The collapse of Silicon Valley Bank on Friday set off a wave of panic in the tech sector as thousands of small and medium sized companies stood to lose billions in deposits. Now, the U.S. Treasury ...

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'Can't make payroll': Startups, VCs rocked by SVB collapse

'Can't make payroll': Startups, VCs rocked by SVB collapse

Tribe Capital Co-Founder Arjun Sethi joins Caroline Hyde and Ed Ludlow to discuss the fallout from the collapse of Silicon Valley Bank and why, like other Venture firms, Tribe Capital advised its p...

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Proposed Senate bill clears path for TikTok ban

Proposed Senate bill clears path for TikTok ban

The White House is backing a bipartisan bill in the Senate that would give the president the power to ban TikTok. Will Rinehart, with the Center For Growth and Opportunity, joins FOX 5 to talk abou...

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Companies offering employees 'unlimited vacations'

Companies offering employees 'unlimited vacations'

Having unlimited vacation sounds great until it's not. As more companies move towards offering unlimited time off policies, Bloomberg's Jo Constantz highlights its potential pitfalls.

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What Silicon Valley Bank crash means for the economy

What Silicon Valley Bank crash means for the economy

Passion Capital Investments Partner Eileen Burbidge says her company does have exposure to Silicon Valley Bank through some of the companies they are invested in and discusses what the bank's issue...

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Apple rumored to be shaking up sales operations

Apple rumored to be shaking up sales operations

Apple is said to be reshuffling management of its international businesses to put a bigger focus on India, according to people with knowledge of the matter. Mark Gurman reports on Bloomberg Televis...

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Elon Musk claims Twitter may be cashflow positive soon

Elon Musk claims Twitter may be cashflow positive soon

Elon Musk says it's startling how little money Twitter makes. But he says his company may break even on a cash-flow basis in the second quarter. Bloomberg's Ed Ludlow reports.

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Women received just 2% of total VC funding in 2022

Women received just 2% of total VC funding in 2022

Female Founders Fund Founding Partner Anu Duggal joins Caroline Hyde and Ed Ludlow to discuss the need for more women check writers, the general state of venture capital, and which sectors she is w...

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Reedy Creek District boards meets after State takeover

Reedy Creek District boards meets after State takeover

The board of supervisors for the Reedy Creek District will meet for the first time on Wednesday since taking control from Disney.

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Female founders mark International Women's Day

Female founders mark International Women's Day

Hundreds of thousands of people are taking part in demonstrations, rallies, and colorful events around the globe to mark International Women's Day, the date established to celebrate women and deman...