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Amazon abandoned its $1.7 billion purchase of iRobot in January after the FTC and European regulators raised concerns. Since peaking at $1.5 trillion in 2021, tech transaction volume has plummeted, dropping to $544 billion last year, according to Dealogic. Before the company announced its $27 billion purchase of data analytics software company Splunk last September, he said he viewed the risk as absolutely worth taking. Alphabet's last big deal was its $5.4 billion purchase of cybersecurity company Mandiant in 2022. Microsoft closed its massive $75 billion purchase of Activision in October, but it took 20 months and a protracted fight with U.S. and European regulators.
Persons: Lina Khan, Jonathan Kanter, Khan, Joe Biden, Drew Angerer, Biden, Permira, Thoma, Sen, JD Vance, Donald Trump's, Barry Diller, Reid Hoffman, Kamala Harris, Andrew Luh, Gunderson Dettmer, Figma, Dana Rao, Rao, We've, they've, Juniper, Salesforce, Antonio Neri, Pau Barrena, Neri, Sergio Letelier, hasn't, Letelier, Marc Benioff, It's Benioff's, Slack, Benioff, Derek Idemoto, who's, Idemoto, that's, Splunk, HPE's Letelier, it's, Harris, Trump Organizations: U.S . Federal Trade Commission, Justice, Brookings Institution, U.S, Senate, Getty, Google, Amazon, Microsoft, Federal Trade Commission, iRobot, FTC, BlackRock, Thoma Bravo, KKR, Republican, CNBC, Democratic, Trump, Big Tech, Justice Department, DOJ, Apple, Meta, Adobe, European Commission, UK Competition, Markets Authority, Justice Department's Antitrust, Hewlett Packard Enterprise, Mobile World Congress, MWC, AFP, Juniper, Markets, DOJ's Antitrust, European Union, EU, Software, Cisco, Activision, Foreign Investment, Regulators, Bloomberg, Tech Locations: Washington, Europe, Barcelona, Pau, Salesforce, United States
Hundreds of Iran-backed Hezbollah members were hurt when their pagers suddenly exploded. Lebanon's Internal Security Forces urged people to stay off the roads for emergency vehicles. Go to newsletter preferences Thanks for signing up! AdvertisementHundreds of Hezbollah members in Lebanon were hurt on Tuesday when their pagers suddenly exploded, according to multiple reports. Lebanon's Internal Security Forces said people were injured after wireless communications devices exploded in several regions across the country.
Persons: Israel, Organizations: Internal Security Forces, Service, Business Locations: Iran, Lebanon
The New York Times reported that "Beetlejuice Beetlejuice" was nearly not released in theaters. The Times reported Warner Bros. wanted to put the film on Max to avoid a box office flop. Tim Burton was asked to cut the budget to $100 million, but the film has already made $264 million. AdvertisementWarner Bros. made director Tim Burton cut the budget for "Beetlejuice Beetlejuice" by almost $50 million in order for it to get a theatrical release, The New York Times reported. "Beetlejuice Beetlejuice" has been September's biggest box office hit.
Persons: Max, Tim Burton, Organizations: New York Times, The Times, Warner Bros, Service, Business
Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewEven when compared to the impressive and lengthy history of the University of Oxford, this week's gathering at Trinity College is noteworthy. Academics, nerds, and rising starsThe speakers over the two-plus days are roughly half Man employees and half external invitees. The firm balances the external speakers — from finance and other disciplines — with a line-up of Man executives and internal rising stars who are working on something that ties into the overall theme. Oxford offers plenty of advantages for the firm's leadership to get to know the decision makers at these firms.
Persons: , Tom Holland, Steven Desmyter, Milken, Desmyter, there's, Holland, Morgan Stanley, Clare Woodman, John Curtice, Jamie Dimon, Goldman Sachs, Lloyd Blankfein, Mike Lynch, Sumant Wahi, Vinayak Kumar, It's Organizations: Service, University of Oxford, Trinity College, Business, Ashmolean Museum, BBC, Morgan Stanley EMEA, Oxford, Oxford Man Institute, Union House Locations: British, Davos, Hawaii, Sydney, Sicilian, it's, Rhodes House, Trinity, New York, London, Dubai
Before Val Zapata built a seven-figure reselling business, she almost lost it all. "I got caught early in the game with like 50 pairs of fake Yeezys that I had to swallow," the 27-year-old entrepreneur told Business Insider. For the rest of the pairs, "I'm like, 'I don't want to run them all. About four weeks after the sale, the buyer attends Sneaker Con and learns that the slides are, in fact, not authentic. The $2,500 lesson reinforced the importance of trusting but verifying, especially if you're buying from a seller you've never worked with.
Persons: Val Zapata, Zapata, Sneaker Con, I'm Organizations: Service, Business, Sneaker Locations: Colombia
CNN —Hundreds of people were injured Tuesday in an attack targeting the pagers of Hezbollah members, a Lebanese security source told CNN, with state media reporting that dozens of members of the militant group were wounded. Iran’s Ambassador to Lebanon, Mojtaba Amani, was among those injured in Beirut, according to semi-official Iranian media outlet Mehr News. Iran's ambassador to Lebanon Mojtaba Amani, pictured in July, was among those injured, according to semi-official Iranian media outlet Mehr News. Mohamed Azakir/ReutersVideos circulating on social media and news agencies show explosions in various locations that appear to be powerful. Social media video from inside a Lebanese hospital meanwhile showed large numbers of injured people, including at least one child.
Persons: Mojtaba Amani, NNA, , Ali Al, Mohamed Azakir, Organizations: CNN, Mehr, Lebanon’s Ministry of Health, Internal Security Forces, Health, Lebanese Ministry of Health Locations: Lebanon, Beirut, Ali, Lebanon’s, Gaza
But at Fox News, they gossip about the Murdochs, the family who controls Fox’s parent company. What will happen after patriarch Rupert Murdoch dies? Could Lachlan’s younger brother James Murdoch force Fox to take a progressive bent? Rupert Murdoch, 93, is seeking to amend the family trust that he established decades ago, giving his four oldest children equal votes over the future of his conservative media empire after he dies. Under the current terms, Lachlan, James, Elisabeth and Prudence Murdoch each have equal voting rights after their father dies.
Persons: Rupert Murdoch, Lachlan, James Murdoch, Fox, Murdoch, James Murdoch’s, , James, Fox’s, Biden, Kamala Harris, James ”, Donald Trump, Rupert, Elisabeth, Prudence Murdoch, Maureen Dowd, Rupert “, ” James, Prudence, Bill Barr Organizations: New, New York CNN, Fox News, Fox, Fox Corp, HBO, CNN, The New York Times, News Corp, Wall Street Journal, New York, Liberal, Trump Locations: New York, Nevada, Reno , Nevada, Reno
AdvertisementThat included 120 pallets containing 500 wet and moldy tactical vests and "3,000 mildewed body armor plates," the watchdog said. AdvertisementWithout facilities to store or protect the equipment and ammo, they were exposed to the bad weather, the report added. AdvertisementAdditionally, the shipments to Taiwan included six M240B machine guns from the National Guard in Clovis, New Mexico, that were dumped in a cardboard box without any wrapping. The OIG said the six machine guns were found in a cardboard box without any wrapping or packaging. AdvertisementThe Pentagon did not immediately respond to a request for comment sent outside regular business hours by Business Insider.
Persons: , OIG, Pete Nguyen, Nguyen, Joe Biden Organizations: Service, Business, The Defense Department, Travis Air Force Base, US Army, National Guard, Pentagon, Defense Department, Taipei Times, Democratic Progressive Party Locations: Taiwan, Taipei, Clovis , New Mexico, Beijing, China
Read previewMeta is banning RT, Rossiya Segodnya, and other Russian state media networks from its platforms, claiming the outlets had used deceptive tactics to carry out interference activity. AdvertisementMeta's decision comes as Russian media faces increased scrutiny from the Biden administration. On Friday, the Biden administration hit Russian state media outlets with new sanctions, accusing RT of acting as an arm of Moscow's spy agencies by engaging in covert information warfare operations around the world. Representatives for RT and Rossiya Segodnya did not immediately respond to a request for comment from BI, sent outside normal working hours. AdvertisementMeta, along with YouTube and TikTok, has already banned some Russian state media, including RT, in the EU, following requests from national governments after Russia's full-scale invasion of Ukraine in February 2022.
Persons: , Segodnya, Biden, James Rubin, Merrick Garland, Donald Trump, Meta Organizations: Service, Business, Meta, RT, State, Global, NBC, Department of Justice, Reuters, YouTube Locations: Ukraine, Tennessee, Russia, Russian
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Still, though, I wanted to celebrate with friends and family. My family's trip to Namibia in 2019, booked with Namibia Tours and Safaris, cost $5,000, excluding flights. We found our restaurant tucked down a back street behind the Musée du Louvre, basking in the luminous evening light.
Persons: , waterslides, Emma Morrell, Coeur Organizations: Service, Business, Namibia Tours, Tuileries Locations: Africa, Namibia, Paris, France, Saint, Germain, En, Laye, Lights, Montmartre, Jardin, Europe
In a Monday press conference discussing the incident, the acting director of the Secret Service called for "some hard conversations with Congress." "If I was making decisions, I would push them to eliminate all their investigations, aside from investigating threats toward people under Secret Service protection." Because the men and women of the Secret Service right now, we are redlining them." Of the Department of Homeland Security's $64.81 billion total budget, the Secret Service in 2024 was allotted $3.27 billion — increasing less than $400,000 since 2022. Secret Service agents "are rising to this moment," Rowe said, but "We have to have it every day.
Persons: Donald Trump, Trump, Kenneth Valentine, Valentine, Valentine —, Jeffrey James, , James, there's, Ronald Rowe, Rowe Organizations: Service, Business, Trump International Golf, Secret Service, Department of Homeland Security, Department of, Treasury, DHS, Secret, Walmart, Trump, Department of Homeland
During his tenure as CEO, Grove transformed the chip company into a giant of Silicon Valley that, during the 1990s, was as important to the PC market as Microsoft. Pat Gelsinger, who has led Intel as CEO since 2021, has enacted a sweeping set of new initiatives to turn the chip company around. Its Gaudi 3 AI chip, unveiled as a rival to offerings from Nvidia and AMD, is expected to generate just $500 million in sales this year. Meanwhile, Alvin Nguyen, senior analyst at Forrester, told Business Insider that this is a big public win for Intel. Gelsinger's second headline announcement was that the company is establishing Intel Foundry as a separate subsidiary within Intel, with its own new operating board and independent directors.
Persons: , Andrew Grove, he'd, Grove, Grove —, Pat Gelsinger, Gordon Moore, Gelsinger, HWA CHENG, Patrick Moorhead, Moorhead, Alvin Nguyen, Forrester, Gelsinger's, It's, Forrester's Nguyen, Bernstein Organizations: Service, Microsoft, Intel, Business, Nvidia, Gaudi, AMD, Revenue, HWA, Getty, Amazon Web Services, Intel Foundry, Reuters Locations: Silicon, Japan, Moore's, AFP, Poland, Germany, Arizona , Oregon, New Mexico, Ohio
Michael Conway, Starbucks' North America CEO, is retiring in November, without a replacement. Sara Trilling, Starbucks' North American President will lead retail operations in the region. Go to newsletter preferences Thanks for signing up! AdvertisementMichael Conway, Starbucks' North America CEO, is calling it quits after just eight months on the job—and the coffee giant isn't going to replace him. Before stepping into the North American CEO role in April, he served as the group president of international and channel development and president of Starbucks Canada.
Persons: Michael Conway, Sara Trilling, Conway, , Laxman Narasimhan Organizations: Starbucks, North America, Service, Securities and Exchange, North, Bloomberg, Business Locations: North American, Starbucks Canada
This as-told-to essay is based on a conversation with Nathan Marx, a deckhand for a superyacht. I knew some friends who had entered the yachting industry since leaving school, and it looked very intriguing and adventurous. AdvertisementMy previous job had long hours and was hard work, which made me comfortable stepping into the yachting industry. We also had the privilege of hiking up into the old city, an amazing experience I don't think I would've had otherwise if I wasn't into the yachting industry. But the yachting industry is a tight-knit community that's made me very happy over the past few months, so I'll stay for as long as possible.
Persons: Nathan Marx, I'm, that's, Will Smith, haven't Organizations: Service, Business Locations: South Africa, Antibes, France, Monaco, I'm, Corsica
The company and its CEO, Jensen Huang, have gained a cult-like following. The company's popularity inspired a designer to make GPU purses, which have gone viral. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In the process of turning Nvidia into a multi-trillion dollar company, CEO Jensen Huang and the company have gained star-like status and, with it, a cult following.
Persons: Jensen Huang, , Huang Organizations: Service, Nvidia, Business Locations: memelords, Woodstock
Unassigned desks help companies save on real estate because they typically have fewer desks than employees, rather than assigned workstations. In a Monday memo to employees, Jassy said that the company is going to bring back assigned desks in offices that once had them. Amazon's return to office and return to a fixed-desk mandate is in line with its recent crackdown on pandemic-era benefits. AdvertisementThe end of hot deskingWhile hot desking was first introduced by IBM in the 1990s, it became especially popular after the pandemic. Others hate moving their things around and having to adjust their desks and computers each time they begin to work.
Persons: , Andy Jassy, Jassy, Amazon's, Meta, that's Organizations: Service, Business, CNBC, Puget, ., IBM, Employees, Tech, Google Locations: Arlington , Virginia, Europe, View , California
The Miami Heat on Monday blasted "hateful speech" aimed at Haitian immigrants, who have been targeted by baseless claims they're stealing and eating pets in Ohio. "The false narrative surrounding them is hurtful and offensive and has sadly made innocent people targets of hateful speech and physical threats," the team said in a statement on Monday. Several schools and municipal buildings were closed in Springfield last week after threats were called in to the Ohio community. The threats unfolded in the wake of wild and completely baseless claims of Haitian immigrants stealing and eating pets. Those lies have gained strength in the past week, with Tump and Vance spreading the fringe, far-right tales.
Persons: Donald Trump, JD Vance, Florida's, Vance, , he's, that'll, Vanessa Cardenas, Sophia Pierrelus Organizations: Miami Heat, Dade, NBC, CNN, Union, America's Locations: Ohio, Springfield , Ohio, Florida's Miami, Dade County, Springfield, “ State, Port, Columbus
The remainder of the reunion tour by the original lineup of Jane’s Addiction, the group’s first in 14 years, has been canceled. At that point, Farrell was seen throwing a punch at Navarro, though it wasn’t clear from the footage whether it really landed. While Dave was keeping Perry at arm’s length to de-escalate the situation, Dan rushed over to de-escalate as well by holding Perry back. Farrell sang well, Perkins crushed it behind the kit, Navarro shredded and Avery anchored the band with his steady work on bass. … However, when it came to singing the songs, Farrell nailed most of them.”The tour by Jane’s Addiction was a co-headlining one shared with another veteran ’80s/’90s band, Love & Rockets.
Persons: Dave Navarro, Perry Farrell‘s, Farrell, , Navarro, Eric Avery, , Perry Farrell, ” Navarro, Dave, Eric, Stephen, Perkins, Etty Lau Farrell, Avery, who’ve, , hasn’t, Avery overreacted, Etty, Perry, cussing, ” Etty, Dan, Kevin, Eric nonchalant, “ Dave, “ Farrell, ” Farrell, JamBase, , Jane’s Organizations: Live Nation, Rockets, YouTube, Boston’s, Bank, Tampa, , Jane’s, Hartford Healthcare, WI, Huntsville, South Star, UT, Sandy, WA, Veterans Memorial, Sierra, Sun, San Francisco , CA Locations: Bridgeport , Toronto, Rochester Hills, Milwaukee, Chicago, Indianapolis, Huntsville, St, Louis, Denver, Sandy, Seattle, Portland, Reno, San Francisco, Los Angeles, L.A, Connecticut, Boston, upstage, Florida, New York City, New York, Las Vegas, Bridgeport, CT, Hartford, Toronto, MI, White, — Reno, San Francisco ,, Los Angeles ,
The man arrested in connection to an apparent attempted assassination of former president Donald Trump appeared to follow law enforcement directions and was taken into custody without incident, footage of the confrontation released on Monday showed. Driver go straight back, keep walking," a law enforcement agent wearing what appeared to be a protective "SHERRIF" vest said. Two law enforcement agents then grabbed his hands and handcuffed the man, the video showed. A witness who spotted Routh and his car was crucial to helping law enforcement find the suspect quickly, Martin County Sheriff William Snyder said. "If he's a lone gunman, President Trump is that much safer because we have him.
Persons: Donald Trump, Ryan Wesley Routh, Routh, Martin County Sheriff William Snyder, Snyder, Trump Organizations: Sheriff’s, Martin County Sheriff Locations: Martin, Trump's Florida, Martin County
However, according to experts we spoke with, buying a mattress online can be an incredibly successful endeavor because there are so many online, direct-to-consumer options that aren’t available in stores. | Tips for shopping for a mattress online | Where to shop for a mattress online | Why trust NBC Select? How to shop for a mattress onlineIf you want to shop for a mattress online, it’s helpful to arm yourself with some tools and tactics to make sure you make the best purchase possible. Where to shop for a mattress onlineWant to shop for a mattress online but don’t know where to start? For this story, she interviewed experts on how to shop for a mattress online.
Persons: , Jeff Kahn, there’s, Kahn, You’ll, Ben Trapskin, Yawnder, , it’s, Foster, Casper, Bethany Heitman, TikTok Organizations: NBC, Amazon, Sealy, Walmart, Mattress Firm, Stearns, Facebook, Twitter Locations: Casper, Tempur
The FBI investigates the attempted assassination of Donald Trump at his Florida golf club. The speaker’s initial strategy had called for a six-month continuing resolution tied to the SAVE Act, legislation backed by Donald Trump requiring proof of citizenship to vote. It won for best drama series, Hiroyuki Sanada won for best actor in a drama, and Anna Sawai took best actress. Richard Gadd won for best actor in a limited or anthology series or movie, and Jessica Gunning won best supporting actress in a limited or anthology series or movie. “We feel violated.”— Julie Shapiro, managing editor, enterprisePolitics in BriefSpringfield visit: Former President Donald Trump plans to visit Springfield, Ohio, the site of his baseless claims about Haitian immigrants, a source familiar with the planning said.
Persons: Donald Trump, Trump, Eric Thayer, Donald Trump’s, Ryan Wesley Routh, Steven Cheung, Kamala Harris, Mike Johnson, , , Tierney, Johnson, Christopher Polk, “ Shōgun, Hiroyuki Sanada, Anna Sawai, “ Shōgun ”, Jeremy Allen White, Liza Colón, Zayas, Ebon Moss, Bachrach, Christopher Storer, Richard Gadd, Jessica Gunning, NFL Kevin Sabitus, Greg Rosenstein, Vic, Mel l, lea, stu Organizations: FBI, House Republicans, Bloomberg, Getty, Service, NBC News, Secret Service, Trump, Mar, GOP, Getty Images House Republicans, SAVE, Variety, Creative Arts, NFL, AFC, NBC, Uni Locations: Florida, Pennsylvania, West Palm Beach , Florida, Japan, Fra, abo
“If you could find us,“ she asked, “why didn’t they?”Do you have a story to share about the use of unclaimed bodies for research? Dr. Douglas Hampers, the CEO of National Bioskills Laboratories — which had leased Honey’s torso — said he was disturbed to learn his company had received unclaimed bodies. He said his company would ensure that it no longer accepted unclaimed bodies and would adopt policies to make certain future specimens were donated with families’ permission. To curb this ghastly 19th-century practice, states adopted laws giving schools authority to use unclaimed bodies for student training and experiments. Each of the 44 that answered said they don’t use unclaimed bodies — and some condemned doing so.
Persons: Fran Moore, Carl Yenner, , , Victor Honey —, , Brenda Cloud, didn’t, DePuy, Johnson, Medsystems, Medical Sciences —, Douglas Hampers, Thomas Champney, Tim O’Hare Organizations: NBC, Army, University of North Texas Health Science, Health Science Center, Health Science, NBC News, Health, Dallas, U.S . Army, Johnson, Boston Scientific, University of Arkansas, Medical Sciences, University of North, National Bioskills Laboratories, American Association for Anatomy, University of Miami Miller School of Medicine Locations: Texas, Dallas, Tarrant, Fort Worth, North Texas, University of North Texas, Dallas County, Tarrant County
News of an apparent assassination attempt on former President Donald Trump has taken China’s heavily censored social media by storm, prompting conspiracy theories and a mockery of the U.S. political landscape. As the news spread to China on Monday, discussions concerning the incident were trending on the popular Chinese social media platform Weibo, with netizens pointing out how Trump had just recently escaped an attempt on his life at a campaign rally on July 13. Other outlandish conspiracy theories proliferated on the platform, mentioning religious groups. Separate from the conspiracy theories, many netizens theorized that Trump stood to benefit from the incident. In a fundraising email shortly after the incident, Trump said he was safe and in good spirits.
Persons: Donald Trump, , Trump, Shooter, ” Weibo, Shen Yi, Harris, Ryan Wesley Routh, Routh, Organizations: Republican, Federal Bureau of Investigation, Weibo, Trump, Fudan University’s Department of International, Democrats, NBC News Locations: Trump’s Florida, China, Trump, American
MAINZ, Germany — Police are investigating after an explosion rocked central Cologne in western Germany on Monday. The explosion took place in the entrance way of the Vanity nightclub in the Hohenzollernring area, known as a main entertainment district of Cologne, at around 5.50 a.m. local time, a police spokesman told NBC News. Several glass windows apparently burst in the explosion “and could have likely harmed more people, if the explosion had occurred at a later time,” the spokesman said. Local authorities said in a post on X on Monday that a "major" police operation was underway as they urged residents to avoid the Hohenzollernring area. Police told NBC News that the area is under CCTV surveillance and that the footage will be part of the ongoing investigation.
Persons: Andy Eckardt, Chantal Da Silva Organizations: Germany — Police, NBC News, Police Locations: MAINZ, Germany, Cologne, Mainz, London
Tito Jackson, an original member of the hit-making pop group the Jackson 5, has died, his family confirmed Monday. NBC Los Angeles spoke to a family member who confirmed the death. Jackson was a founding member of the group of five brothers, along with Jackie, Jermaine, Marlon and Michael, who shot to fame in the late 1960s and 1970s with a string of hits. Tito Jackson was nominated for three Grammys and inducted into the Rock and Roll Hall of Fame in 1997 as a member of the Jackson 5. This is a developing story, check back here for updates soon.
Persons: Tito Jackson, Jackson, Jackie, Jermaine, Marlon, Michael Organizations: Jackson, NBC, Hall of Fame Locations: Angeles
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