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How Nasdaq Turned Its Index Into a Listings Weapon

How Nasdaq Turned Its Index Into a Listings Weapon

When Nasdaq CEO Adena Friedman took the stage at the Economic Club of Washington, D.C, in March, she wasn’t shy about how the company wields its stock indexes to woo business. In an interview with Carlyle Group Chair David Rubenstein, Friedman highlighted Nasdaq’s key distinction from rival exchanges: It also manages the influential Nasdaq-100 index, the benchmark whose rules dictate how roughly $800 billion worth of funds invest. That means Nasdaq can help push investor dollars toward the...

Exclusive: OpenAI Preps New AI Model, Expects To Go Public ‘Within the Next Year’

Factors like the need for capital to buy compute and reaching self-improving AI could affect the IPO timeline, Altman said.

German Court Rules Google is Responsible for AI Overviews Errors

The court said search engine operators are not typically responsible for website links but AI Overviews "are independent statements made by [Google's] own tool."

Kalshi Asks Some Customers For Employer Information

Kalshi is asking customers in some wagers to provide the name of their employer, industry and job function before making bets.

Broadcom to Help Finance Anthropic, OpenAI Chip Deals With Apollo, Blackstone

Apollo will lead an initial $35 billion commitment to launch the fund, alongside participation from Blackstone.

SpaceX’s Starlink Regulatory Approval in India Said to Stall Over Iran War

As the world’s most populous country with relatively underdeveloped internet infrastructure, India is a huge potential market for Starlink. 

U.S. Accuses Alibaba, Baidu, Others of Aiding Chinese Military in Blacklist Move

Several of the companies disputed the Pentagon’s claims and vowed to take legal action.

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OpenAI Confidentially Files IPO Paperwork, Plans Separate Employee Share Sale

OpenAI said on Monday that it has filed draft paperwork for an initial public offering with the Securities and Exchange Commission.

Apple Tries for Another Siri Reboot

Siri gets a dedicated app for the first time

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Bending Spoons has acquired a string of aging U.S. internet businesses and wants to buy more.

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