13B
- Health
Feds, states end fight over $13B UnitedHealth-Change Healthcare deal
The Justice Department and two states have ended their legal effort to block UnitedHealth Group’s $13 billion purchase of technology company Change…
Read More » - Technology
Foxconn reports Q4 revenue down 10% YoY to ~$64.5B and $1.3B net income, slightly below estimates, and forecasts slumping consumer electronics demand in 2023 (Debby Wu/Bloomberg)
Debby Wu / Bloomberg: Foxconn reports Q4 revenue down 10% YoY to ~$64.5B and $1.3B net income, slightly below estimates,…
Read More » - Technology
A developer runs Meta's 13B LLaMA model, considered to be competitive with GPT-3, on his laptop, showing local language models are feasible on consumer hardware (Simon Willison/Simon Willison's Weblog)
Simon Willison / Simon Willison’s Weblog: A developer runs Meta’s 13B LLaMA model, considered to be competitive with GPT-3, on…
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FTX files a lawsuit against Grayscale, CEO Michael Sonnenshein, DCG, and Barry Silbert, citing $1.3B+ in "exorbitant management fees" and seeking $550M+ shares (The Block)
The Block: FTX files a lawsuit against Grayscale, CEO Michael Sonnenshein, DCG, and Barry Silbert, citing $1.3B+ in “exorbitant management…
Read More » - Education
Colleges used $13B in pandemic aid in 2021 to recover lost revenue
Dive Brief: U.S. colleges used almost $13 billion in federal pandemic assistance in 2021 to cover lost revenue, helping prevent…
Read More » - Technology
Snap Q4: revenue flat YoY at $1.3B, vs. $1.31B est., DAUs up 17% YoY to 375M, vs. 375.3M est., and a $288M net loss, vs. $23M in net income YoY; stock down 13%+ (Jonathan Vanian/CNBC)
Jonathan Vanian / CNBC: Snap Q4: revenue flat YoY at $1.3B, vs. $1.31B est., DAUs up 17% YoY to 375M,…
Read More » - Technology
Sources: Elon Musk's team has been exploring selling up to $3B in new Twitter shares to help repay some of the $13B in debt that backed his takeover (Wall Street Journal)
Wall Street Journal: Sources: Elon Musk’s team has been exploring selling up to $3B in new Twitter shares to help…
Read More » - Technology
A look at Elon Musk's options to meet financial obligations from a $13B Twitter buyout debt; sources: the first interest installment could be due by January-end (Financial Times)
Financial Times: A look at Elon Musk’s options to meet financial obligations from a $13B Twitter buyout debt; sources: the…
Read More » - Technology
Analysis: publicly listed bitcoin mining companies collectively owe $4B+, led by bankrupt Core Scientific with $1.3B as of September 30 and Marathon with $851M (Jaran Mellerud/Hashrate Index)
Jaran Mellerud / Hashrate Index: Analysis: publicly listed bitcoin mining companies collectively owe $4B+, led by bankrupt Core Scientific with…
Read More » - Technology
Sources: some US banks that lent Elon Musk $13B to buy Twitter are preparing to book losses on the loans this quarter, as investors shy away from risky debt (Reuters)
Reuters: Sources: some US banks that lent Elon Musk $13B to buy Twitter are preparing to book losses on the…
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