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OpenAI reportedly expects its revenue to reach $125 billion in 2029 and $174 billion in 2030 as it adds new products. The company expects its artificial intelligence (AI) agents and other new products to generate more sales than its ChatGTP chatbot by that time, The Information reported Wednesday (April 23),...

Perhaps the best, or most positive, finding in the Federal Reserve’s latest qualitative survey of the economy and its prospects boils down to this: Economic activity, at least as measured in March, was mixed. In other words, things could have been worse. But across the 12 central bank districts, the...

General Motors is having “very productive” conversations with the Trump administration regarding the new 25% automotive tariffs, according to CEO Mary Barra. During a fireside chat at the Semafor World Economy Summit 2025 on Wednesday (April 23), the veteran automotive executive said that the automaker is aligned with the president...

If Google were ordered to spin off Chrome, the browser could be sold for as much as $50 billion, DuckDuckGo CEO Gabriel Weinberg told a court Wednesday (April 23). Weinberg, whose company is a search engine and browser rival of Google, said this while testifying during the Google antitrust trial,...

The European Commission fined Apple 500 million euros (about $566 million) and Meta 200 million euros (about $226 million) Wednesday (April 23), saying the companies violated the Digital Markets Act (DMA). Apple breached the DMA’s anti-steering obligation by imposing restrictions that prevent app developers from informing consumers about offers that...

Twenty One Capital, a new company formed by Cantor Fitzgerald, Tether Holdings SA, and SoftBank Group, is about to become one of the largest public holders of bitcoin. A Reuters report said the entity will launch with over 42,000 bitcoin (valued at about $3.6 billion), positioning it as the third-largest...

This isn’t last week’s crypto landscape. And it’s far shake from last year’s, too. Bitcoin has surged past $90,000, signaling renewed investor confidence in crypto markets after a classically volatile first few months of 2025. Simultaneously, major financial institutions are integrating blockchain technologies and regulatory frameworks are becoming more defined....