Business

Anthropic confidentially files for IPO – days after $65B raise pushed AI firm’s valuation to $965B

Anthropic, the artificial intelligence company behind the Claude chatbot, has confidentially submitted a draft registration statement to the US Securities and Exchange Commission...

Berkshire Hathaway to buy Taylor Morrison for $6.8 billion

The offer of $72.50 per common share represents a 24% premium to the home builder’s latest closing price on Friday. The deal is...

Downtown Music Publishing strikes deal to represent Biz Markie catalog and name, image & likeness rights

Downtown Music Publishing (DMP) has signed a deal to represent the catalog of hip hop pioneer Biz Markie.The deal, announced on Thursday (May...

John McClain, co-executor of the Michael Jackson Estate and veteran music executive, dies at 71

John McClain, the veteran music executive and co-executor of the Michael Jackson Estate, has died at the age of 71.McClain died on Tuesday...

J. Cole and Cam’ron settle $500K lawsuit over ‘Ready ’24’ royalties

Cam’ron and J. Cole have settled their legal dispute over the 2024 track Ready ’24.The parties filed notice in the US District Court...

Kevin O’Leary slams people who want work-life balance: ‘I hope they work for my competitors’

While some workers believe they have every right to slam their laptop shut at 5 p.m. every day, Kevin O’Leary is staunchly against...

Has Warner Turned A Corner?

MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news...

Alabama high school and Toyota train students for roles that pay $40 an hour and can’t be automated

The U.S. has a dire shortage of skilled tradespeople. A school in Huntsville, Ala., is attempting to replenish the talent pool—one teenager at...

Grab CTO Suthen Paradatheth on how using his competitors’ robots ‘keeps us on our toes’

On May 20, Grab announced that one of its robots, named Carri, will start deliveries in Singapore’s Punggol district, the city-state’s hub for...
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