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Trump reveals Microsoft is in running to acquire TikTok

Quartz

qz.com › trump-reveals-microsoft-is-in-running-to-acquire-tiktok-1851749807

This story incorporates reporting from ABC, Shacknews and USA Today.

President Donald Trump announced earlier this week that Microsoft is engaged in discussions with ByteDance to acquire TikTok.

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Nvidia and other tech stocks rally after recent sell-off

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qz.com › nvidia-and-other-tech-stocks-rally-after-recent-sell-of-1851749802

This story incorporates reporting from YAHOO!Finance, Yahoo Finance and MSN.

Nvidia and other prominent tech stocks regained ground on Tuesday, following a sharp sell-off on Monday driven by concerns over artificial intelligence. The Nasdaq Composite surged over 1%, with significant contributions from tech companies.…

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The FDA just approved Ozempic for kidney disease

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qz.com › the-fda-just-approved-ozempic-for-kidney-disease-1851749815

Novo Nordisk (NVO) announced today that its blockbuster drug Ozempic was approved by the Food and Drug Administration (FDA) as the first GLP-1 treatment for chronic kidney disease among people with type 2 diabetes.

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Starbucks beats earnings expectations, but sales still slipped

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qz.com › starbucks-q1-2025-earnings-sales-brian-niccol-taco-bell-1851749756

Starbucks (SBUX) reported a decline in same-store sales for the fourth straight quarter. However, the company’s earnings and revenue beat Wall Street’s expectations. Shares of Starbucks popped by more than 4% in after hours trading.

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Smithfield Foods raises $522 million, pricing IPO below expected range

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qz.com › smithfield-foods-ipo-stock-1851749639

This story incorporates reporting from Virginia Business, Investopedia on MSN.com and MSN.

Smithfield Foods successfully raised $522 million through its initial public offering listed on the Nasdaq Global Select Market. The company offered 26 million shares at $20 each — a price below the initially anticipated range.…

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Jack Dorsey's Block unveils open-source AI agent

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qz.com › jack-dorsey-block-open-source-ai-agent-goose-1851749646

This story incorporates reporting from ZDNet, Business Insider and MSN.

Block, the technology company founded by Jack Dorsey, has announced the official launch of Goose, its open-source AI agent.

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Chevron builds natural gas plants to power U.S. data centers

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qz.com › chevron-natural-gas-plants-u-s-data-centers-1851749456

This story incorporates reporting from Detroit News, The New York Times and Reuters.

As the demand for electricity in the U.S. is projected to surge by 16% over the next five years, driven partly by the explosion of data centers, Chevron Corporation is taking strategic steps to meet this need. The company plans to…

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DeepSeek's Janus Pro model challenges OpenAI in AI image generation

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qz.com › deepseeks-janus-pro-model-challenges-openai-in-ai-image-1851749385

This story incorporates reporting from decrypt, Business Insider, gadgets360 and The Gazette.

DeepSeek, a China-based artificial intelligence lab, has once again raised industry standards with the release of its latest image generation model, Janus Pro. The company claims that this new model surpasses leading names…

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