Bahamas-based crypto exchange FTX is exploring a way that it could acquire retail brokerage firm Robinhood, Bloomberg reported on Monday, citing people with knowledge of the matter. Executives at FTX are discussing internally how they could acquire Robinhood, but haven’t made a formal takeover approach, according to the report. The company could also decide not to pursue an acquisition, the...
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Microsoft CEO Says AI ‘Vicious Cycle’ Will Boost Google; Meta and OpenAI’s Other Rivalry
CEOs often speak from both sides of their mouth, depending on who their audience is. On Monday, Microsoft CEO Satya Nadella painted a scary picture of how Google could multiply its power in the age of artificial intelligence. His doom and gloom comments, made before a federal judge in Washington, contrasted with an upbeat Nadella from February who said that Microsoft’s Bing search—then being...
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