Author: IQ TIMES MEDIA
The “Muskonomy” might be about to get a lot more complicated.SpaceX is gearing up for a potential $1.5 trillion IPO this year, and multiple reports on Thursday night suggested the rocket company is considering blockbuster mergers with Tesla, Elon Musk’s carmaker, or his AI startup, xAI.The three companies have already been moving closer together in recent months. Tesla said on Wednesday that it had invested $2 billion in xAI, after SpaceX reportedly made a similar investment last year.The electric carmaker also told investors it would evaluate “potential AI collaborations” with xAI, following its addition of the startup’s Grok chatbot to…
By Jennifer RigbyLONDON, Jan 30 (Reuters) – Airport screenings for Nipah virus, which have been stepped up across Asia this week after two cases were identified in India, are more about reassurance than science, several leading experts said on Friday.Countries including Malaysia, Thailand, Indonesia and Pakistan put in place temperature screenings at airports this week after India announced that two cases of the deadly Nipah virus had been found in West Bengal.The countries’ health ministries described the measures as precautionary steps for a dangerous disease.Nipah is an infection that spreads mainly through products contaminated by infected bats, such as fruit.…
2026-01-30T12:24:38.075Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. After a slowdown in IPOs, SpaceX and OpenAI are expected to go public in 2026. There are also reports that SpaceX might merge with xAI or Tesla before an IPO. Here’s what smart people in business and tech have said about the potential IPOs. It looks like 2026 could…
The AI race can sometimes feel like a numbers game.Earlier this month, Bob Sternfels, the CEO of McKinsey & Company, made a surprising announcement. The firm, he said, had a workforce of over 60,000 people — 40,000 human employees and 25,000 AI agents.For Sternfels, it was an example of McKinsey’s all-in approach to AI. Others in the industry, however, say the eye-popping number actually says little about the company’s successful adoption of artificial intelligence.Dan Priest, the chief AI officer at PwC, told Business Insider that evaluating a firm’s AI use by the number of agents it has is not the…
A leaked Amazon Web Services organizational chart shows the 15 executives under CEO Matt Garman, plus changes to his reports over the past year.AWS is Amazon’s massive cloud-computing unit. Garman, a longtime Amazon veteran, began leading in June 2024 after running sales and marketing. AWS teams were among those impacted by the company’s recent mass layoff targeting 16,000 employees.Business Insider wrote about Garman’s org chart a year ago. A comparison to the previous org chart shows the six new executives who became his reports, the 10 executives who stayed on his org chart, and the two executives who left since…
Protesters across the U.S. are calling for “no work, no school, no shopping” as part of a nationwide strike on Friday to oppose the Trump administration’s immigration crackdown. The demonstrations are taking place amid widespread outrage over the killing Alex Pretti, an intensive care nurse who was shot multiple times after he used his cellphone to record Border Patrol officers conducting an immigration enforcement operation in Minneapolis. The death heightened scrutiny over the administration’s tactics after the Jan. 7 death of Renee Good, who was fatally shot behind the wheel of her vehicle by a U.S. Immigration and Customs Enforcement…
The global memory chip shortage is catching up with Apple, Tim Cook says.The Apple CEO said on the company’s first-quarter earnings call that Apple is beginning to feel the effects of the memory shortage crisis, with rising prices expected to put pressure on margins ahead.The warning comes amid blockbuster demand for Apple’s newest products. Customer response to the latest iPhone lineup “exceeded our expectations,” with iPhone revenue jumping 23%, Cook said on the call Thursday.Apple reported revenue of $143.76 billion and earnings per share of $2.84, beating analyst estimates.The staggering iPhone demand left Apple exiting the December quarter with “very…
Apple exceeded expectations when it reported its quarterly earnings on Thursday, revealing that it made $143.8 billion in revenue for a 16% year-over-year increase. As analysts peppered CEO Tim Cook with softball questions during Apple’s earnings call, one analyst dared to ask the question that seemingly no one in Silicon Valley is willing to ask. “When I think about your AI initiatives, you know, it’s clear there are added costs associated with that… Many of your competitors have already integrated AI into their devices, and it’s just not clear yet what incremental monetization they’re seeing because of AI…,” started Morgan…
Three of Elon Musk’s companies — SpaceX, xAI, and Tesla — are in play for a potential merger. While the talks appear to be in the early stage, according to reports from Bloomberg and Reuters, it could eventually lead to at least one company folding into SpaceX. Two scenarios are being hashed out. In one, SpaceX and Tesla would merge, per Bloomberg, citing unnamed insiders. In another, SpaceX and aXI (which already owns Musk’s social media platform X) would combine. According to reporting by Reuters, a merger between SpaceX and xAI could take place ahead of a planned SpaceX IPO…
By Nancy LapidJan 29 (Reuters) – New U.S. nutrition guidelines issued in January by the Trump administration have abandoned the government’s long-standing practice of recommending specific limits on alcohol use in favor of simply advising people to drink less.The International Agency for Research on Cancer first classified alcohol as a carcinogen to humans in 1987. Evidence for this link from studies in humans and animals has strengthened since then, according to a January 2025 report from then-U.S. Surgeon General Dr. Vivek Murthy showing cancer risks rise modestly with consumption.Here is what research has shown about alcohol intake and cancer:WHICH CANCERS…