Lawmakers raise alarm at Google plan to acquire Spirit Airlines data for AI models
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AI darlings, defence shares most at risk as U.S. midterms near
Artificial-intelligence regulation, along with government spending on health care and defence are emerging as equity investors’ chief points of focus as the final month of the United States midterm campaign kicks into high gear. Read More
RBC’s decade of growth puts it in Goldman’s market-value league
Royal Bank of Canada has climbed into the same market-value tier as Goldman Sachs Group Inc. and is worth more than Wells Fargo & Co. and Citigroup Inc., underscoring how a decade of expansion at home and abroad has pushed the Canadian lender into the upper ranks of North America’s most valuable banks. Read More
Sam Altman-Backed Meanwhile Raises $37.5M as Families Across Asia, Europe and the Middle East Turn to Bitcoin Life Insurance
HAMILTON, Bermuda — Meanwhile, the first life insurer licensed to operate entirely in Bitcoin, today announced $37.5 million in new funding from its existing investors. Bain Capital Crypto led the round, alongside Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital. Meanwhile, whose backers also include Sam Altman, has now raised more than $180 million. Read More
Spotify renews lucrative multiyear Joe Rogan podcast deal
Spotify Technology SA has renewed a multiyear licensing agreement with Joe Rogan, the world’s most popular podcaster. Read More