Category: Business & Markets
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Anthropic’s 7 cofounders are splitting $200 billion almost evenly, down to the last stock option
When Anthropic goes public, the stock its seven cofounders hold stands to be worth up to $200 billion between them, carved up into seven nearly identical piles. Each cofounder, including siblings Dario and Daniela Amodei, holds a stake of…
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Microsoft offers buyouts to nearly 30% of workforce in ongoing AI shift
Microsoft is offering buyouts to roughly 60,000 employees, or about 27% of its workforce, as the software giant continues to spend heavily on artificial intelligence. In a note to employees on Monday, chief people officer Amy Coleman…
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Markets today: Anthropic files for IPO, Wall Street rises; ASX set to edge up
Stan ChoeUpdated October 27, 2026 — 8:15am,first published 5:28amSaveYou have reached your maximum number of saved items.Remove items from your saved list to add more.No gift articles leftYou’ve used all of your gift articles. 3 more will…
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Why Lumentum’s stock led the S&P 500 higher on Monday
Optical stocks are staging a comeback following Anthropic’s IPO filing and some other good news
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With the Anthropic IPO, the devil is in the details
The first draft of the AI company’s prospectus is light on details, but some things immediately leap out.
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DC’s ‘Clayface’ wins the weekend box office—but a 3-hour documentary nearly stole the crown
DC Studios’ Clayface took the top spot at the domestic box office this weekend with an estimated $24.5 million. The more surprising result was right behind it. A24’s You Can See Everything grew its weekend gross 25% in its second frame to…
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Anthropic is on the hook for billions in compute. Its customers can walk away at any time
Anthropic has built a fast-growing business largely by selling its AI services based on how much customers use them. And—as the company’s landmark IPO prospectus revealed Monday—customers are using a lot of Anthropic’s AI services right…
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Microsoft voluntary buyout offered to 60,000 employees amid AI costs
FOX Business correspondent Darren Botelho reports on the calls for emergency brake or kill switch on AI from tech leaders and lawmakers and the Big Money in the Morning panelists weigh in on the calls for safeguards. Microsoft on Monday…
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Here’s Skydance’s Buyout Offer for Employees Who Don’t Want to RTO
David Ellison’s Skydance just shared its buyout offer for employees who don’t want to return to an office five days a week.Staffers across the company, which was formed by the merger of Paramount and…
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McDonald’s new bet on chicken hits a snag as franchisees say the birds are too big
McDonald’s franchisees have complained about “tough meat” and other issues with new hand-breaded chicken, an analyst said.