Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.
Read more at Inc.
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Trump’s $500 billion AI moonshot: Ambition meets controversy in ‘Project Stargate’
Trump unveils ambitious $500 billion 'Project Stargate' AI initiative with tech giants OpenAI, Oracle, and SoftBank, sparking controversy as Elon Musk questions funding and environmentalists raise ...VentureBeat - 1d -
Perplexity AI submits bid to merge with TikTok US
The search engine platform Perplexity AI submitted a bid to merge with TikTok on Saturday, a source familiar told The Hill. The move follows a Friday Supreme Court ruling that upheld the decision ...The Hill - 6d -
Perplexity AI makes a bid to merge with TikTok U.S.
Perplexity AI submitted a bid on Saturday to TikTok parent ByteDance, proposing that Perplexity merge with TikTok U.S., CNBC has learned.CNBC - 6d -
Getty Images, Shutterstock to Combine in $3.7 Billion Deal
Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.The Wall Street Journal - Jan. 7 -
Getty Images to buy Shutterstock as part of $3.7 billion visual content expansion
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would likely draw ...NBC News - Jan. 7 -
Shutterstock and Getty Images will join to become a $3.7B visual content company
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content companyABC News - Jan. 7 -
Getty’s stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal
The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.MarketWatch - Jan. 7 -
U.S. Steel, Nippon Steel Challenge Biden's Move to Kill $14.1 Billion Deal
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.The Wall Street Journal - Jan. 6
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These Companies are Pulling Back on DEI Initiatives
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5 Economic Forces that Could Shape Trump’s First Year of Presidency
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Amazon Prime Video Seeks Profit Boost from Live Sports
Live sports create valuable opportunities for targeted ad placements on Prime Video.Inc. - 3h -
Companies May Not Be Able to Abandon DEI Despite Trump Order
Some companies have begun pulling back DEI efforts, but it may open them up to serious legal issues.Inc. - 3h -
New Yorkers Could Use Paid Sick Leave to Care for Pets Soon
Legislation could let New Yorkers take paid sick leave for their pets and service animals.Inc. - 4h
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Pete Hegseth narrowly confirmed as Trump’s defence secretary
VP casts deciding vote after three Republican senators break ranks over claims of sexual abuse and excessive drinkingFinancial Times - 7m -
We're adding 4 stocks to our Bullpen watch list including a hot steakhouse chain
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JetBlue offers some pilots early retirement packages, union says
JetBlue is offering early retirement to pilots nearing retirement ageCNBC - 1h -
Spirit Airlines Will Prohibit ‘Offensive’ Tattoos and Revealing Clothing
The airline clarified (somewhat) the attire and appearance that might prevent passengers from being allowed to board or remain on a plane, a move that goes a step further than other major U.S. ...The New York Times - 2h -
These Companies are Pulling Back on DEI Initiatives
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