WSJ Archives

Elon Musk and traders make $97.4 billion bid to take management of OpenAI: WSJ

February 11, 2025February 11, 2025realitypostLeave a Comment

Elon Musk and a gaggle of traders have reportedly positioned a $97.4 billion bid to amass OpenAI’s nonprofit arm, escalating his ongoing dispute with OpenAI CEO Sam Altman. As per a WSJ report, the proposal, submitted by Musk’s lawyer Marc Toberoff, challenges Altman’s efforts to transition OpenAI right into a for-profit entity and will considerably […]

Advert giants Omnicom and Interpublic eye merger: WSJ

December 9, 2024December 9, 2024realitypostLeave a Comment

Omnicom Group is reportedly in superior discussions to amass Interpublic Group in an all-stock deal valued at $13-14 billion, excluding debt, in line with a report by the Wall Road Journal (WSJ). The merger would mix the third- and fourth-largest advert consumers globally and is more likely to endure regulatory overview. Each firms are primarily […]