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Inside Tencent’s deal to use Nvidia’s best AI chips in Japan - Financial Times
business

Inside Tencent’s deal to use Nvidia’s best AI chips in Japan - Financial Times

Contracts with Chinese tech giant have rapidly turned Datasection into one of Asia’s biggest ‘neoclouds’

Financial TimesRyan McMorrow, David Keohane
Chinese stocks cool on weak economic data - Financial Times
business

Chinese stocks cool on weak economic data - Financial Times

Profit-taking has also brought this year’s steep rally to an end in the last quarter

Financial TimesWilliam Sandlund, Haohsiang Ko
PG&E outages in S.F. leave 130,000 without electricity, no timeline for return of power - San Francisco Chronicle
business

PG&E outages in S.F. leave 130,000 without electricity, no timeline for return of power - San Francisco Chronicle

PG&E outages in S.F. leave 130,000 without power, knock out street lights, disrupt BART, Muni. The company expects power to return Saturday night.

San Francisco ChronicleJulie Johnson, Megan Fan Munce
Winning numbers announced for estimated $1.5 billion Powerball jackpot - CBS News
business

Winning numbers announced for estimated $1.5 billion Powerball jackpot - CBS News

Saturday's jackpot has an estimated cash value of $686.5 million, Powerball said. It's the game's seventh-largest among U.S. lottery jackpots.

CBS NewsKierra Frazier
Powerball jackpot climbs to estimated $1.6 billion ahead of next drawing - CBS News
business

Powerball jackpot climbs to estimated $1.6 billion ahead of next drawing - CBS News

The Powerball jackpot grew to an estimated $1.6 billion after no tickets matched all six winning numbers at Saturday night's drawing. It's the fifth-largest prize among U.S. lottery jackpots.

CBS NewsKierra Frazier
Power outage in Boulder area affects atomic clock, "Time is not broken" NIST says - CBS News
business

Power outage in Boulder area affects atomic clock, "Time is not broken" NIST says - CBS News

Due to the power outage, time (very) briefly stood still at the NIST Internet Time Service facility in Boulder.

CBS NewsChrista Swanson
Powerball winning numbers for Dec. 20 drawing; $1.5 billion jackpot - USA Today
business

Powerball winning numbers for Dec. 20 drawing; $1.5 billion jackpot - USA Today

You can get another chance to win Powerball's 5th largest jackpot as more than $1.5 billion is on the line.

USA TodayFernando Cervantes Jr.
Light rail service to halt between Capitol Hill and Stadium stations overnight - KOMO
business

Light rail service to halt between Capitol Hill and Stadium stations overnight - KOMO

Link light rail service will be temporarily suspended between Capitol Hill and Stadium stations overnight.

KOMO NewsKOMO News Staff
Bill Ackman proposes SpaceX IPO via Sparc merger (SPACE:Private) - Seeking Alpha
business

Bill Ackman proposes SpaceX IPO via Sparc merger (SPACE:Private) - Seeking Alpha

Billionaire investor Bill Ackman pitched an innovative approach to taking SpaceX (SPACE) public through a merger with Pershing Square SPARC Holdings (SPAIF).

Seeking AlphaKim Khan
Billionaire who sold two companies to Coca-Cola says he tries to persuade people not to become entrepreneurs: ‘Every single day, you can go bankrupt’ - Fortune
business

Billionaire who sold two companies to Coca-Cola says he tries to persuade people not to become entrepreneurs: ‘Every single day, you can go bankrupt’ - Fortune

Mike Repole wants to remind every aspiring businessperson that most startups—over two-thirds of them—fail.

FortuneDave Smith
Elon Musk adds to his $679 billion fortune after Delaware court awards him $55 billion pay package - Fortune
business

Elon Musk adds to his $679 billion fortune after Delaware court awards him $55 billion pay package - Fortune

In 2024, Chancellor Kathaleen St. Jude McCormick rescinded the compensation in a case brought by a disgruntled Tesla shareholder.

FortuneMichael Liedtke, The Associated Press
Walmart employee nearly doubled her pay after entering its pipeline for skilled tradespeople - Fortune
business

Walmart employee nearly doubled her pay after entering its pipeline for skilled tradespeople - Fortune

“I have my own apartment. I was able to get a car, and and I’m able to give more to my 401(k).”

FortuneAnne D'Innocenzio, The Associated Press
Nearly 40,000 PG&E customers without power, electricity in parts of San Francisco, officials say - ABC7 San Francisco
business

Nearly 40,000 PG&E customers without power, electricity in parts of San Francisco, officials say - ABC7 San Francisco

Thousands of PG&E customers in San Francisco lost power on Saturday. It's affecting numerous of neighborhoods including the Sunset and Richmond Districts, the Presidio, Golden Gate Park, and near the Civic Center. BART also announced two of its stations are c…

KGO-TV
Power outage leaves 40,000 in SF's Sunset, Richmond, Presidio without power - SFGATE
business

Power outage leaves 40,000 in SF's Sunset, Richmond, Presidio without power - SFGATE

Over 130,000 San Francisco customers are without power after outages struck large swaths of the city on Saturday.

SFGateSam Mauhay-Moore, Tessa McLean
World's largest mozzarella producer to close 115-year-old California plant - KCRA
business

World's largest mozzarella producer to close 115-year-old California plant - KCRA

Leprino Foods, the world’s largest mozzarella maker, is closing one of its dairy processing plants in California’s Central Valley.

KCRA Sacramento
business

The Fight Over the Next Fed Chair Is Spilling Out Across D.C. and Wall Street - wsj.com

The Wall Street Journalwsj.com
business

The Fight Over the Next Fed Chair Is Spilling Out Across D.C. and Wall Street - The Wall Street Journal

The Wall Street JournalThe Wall Street Journal
Powerball jackpot balloons to $1.5 billion ahead of Saturday drawing - NBC News
business

Powerball jackpot balloons to $1.5 billion ahead of Saturday drawing - NBC News

That's one hot ticket

NBC NewsNicole Acevedo
‘It felt so wrong’: Colin Angle on iRobot, the FTC, and the Amazon deal that never was - TechCrunch
business

‘It felt so wrong’: Colin Angle on iRobot, the FTC, and the Amazon deal that never was - TechCrunch

The iRobot founder opens up about the 18-month regulatory process that he says doomed the Roomba maker -- and what it means for American innovation.

TechCrunchConnie Loizos
Utah man ordered to pay up to $7.9M for running e-commerce scam - KSL.com
business

Utah man ordered to pay up to $7.9M for running e-commerce scam - KSL.com

Parker Wilde was ordered on Thursday to pay up to $7.9 million in restitution following the Utah Division of Consumer Protection's filing of a complaint.

KSL.comLogan Stefanich, KSL