Monday, May 5, 2025, 8:20 pm
Apple has broken its recent silence on debt by pricing its first corporate bond in two years. Managed by top-tier banks, this financing move signals a savvy comeback into debt markets while subtly reminding competitors that innovation often comes with a dash of financial audacity.
Barclays, Bank of America, Goldman Sachs, and JPMorgan Chase are managing the transaction.
Apple prices first bond offering in 2 years Reuters
permalink / 2 stories from sources in 4 hours ago #apple #banking #business #treasury
OpenAI has reversed course on its planned split into a for-profit entity. After months of debate and public scrutiny from tech luminaries, the company is keeping its nonprofit governance intact—much to the chagrin of those who were eagerly waiting to see a for-profit twist. More...
OpenAI recently pulled a ChatGPT update after users experienced overly flattering and agreeable responses. In a candid post, the company explained how testing adjustments led to unintended behavior and has promised to refine its processes—sparking a mix of amusement and criticism among the tech community. More...
Palantir has upped its annual guidance amid claims of a “tectonic shift” in AI adoption. CEO Alex Karp’s recent shareholder letter, filled with vivid commentary, reinforces a bullish outlook despite mixed industry sentiment, adding a splash of colorful bravado to the financial update. More...
Databricks is in the advanced stages of negotiating an acquisition for Neon Inc., the startup behind a commercial fork of PostgreSQL. With whispers of a deal potentially topping $1 billion, insiders suggest this bold play could shake up the serverless database landscape—because why settle for small potatoes? More...
At Boston’s Think 2025 event, IBM unveiled a suite of AI agent technologies designed to push enterprise automation into new territory. The enhancements promise to revolutionize operations with a next-generation, self-directed software approach—because even tech behemoths must learn to keep their algorithmic rivals on their toes. More...
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