SiriusXM is in early-stage discussions to acquire iHeartMedia, a deal that would create an audio giant with a foothold in traditional and satellite radio and podcasts, two people familiar with the discussions said Friday. Should a deal come to fruition, it would be the culmination of years of speculation about a tie-up. Liberty SiriusXM Group,…
Struggling to find a foothold in the increasingly competitive market for artificial intelligence, two start-ups on Friday said they were merging in a trans-Atlantic alliance to better compete with American tech giants. Cohere, a Canadian company founded in 2019, is acquiring Aleph Alpha of Germany. The governments of both countries helped facilitate the deal. The…
In January 2018, Elon Musk needed $100 million. Instead of calling a bank, he turned to SpaceX, the rocket company he founded and where he serves as chief executive. Over the next three years, Mr. Musk borrowed a total of $500 million from his company. The loan terms were significantly lower than what most banks…
