Steven Pivnik, who quit Baruch College in 1988, leveraged a mainframe programming course to land a job at Reader's Digest, founded the software firm Binary Tree, earned $115,000 annually, and secured a multi‑million‑dollar acquisition by Quest Software in 2020. His story highlights a viable alternative to the traditional degree route for aspiring entrepreneurs.
State attorneys general, led by California’s Rob Bonta, have filed lawsuits to block the $6.2 billion Nexstar‑Tegna merger and are weighing a challenge to Paramount’s $110 billion bid for Warner Bros. Discovery. The moves come after the DOJ and FCC approved the...
Saks Global Enterprises has secured a $500 million financing commitment from its capital partners, positioning the luxury retailer to exit Chapter 11 bankruptcy this summer. The deal follows a $2.7 billion acquisition of Neiman Marcus that left the company $3.4 billion in debt and forced...

Mastercard announced the acquisition of BVNK, a developer‑centric fintech that offers API‑driven card issuance and rapid payment‑flow integration. The deal equips Mastercard with embedded‑finance tools designed to slash merchant onboarding times and streamline consumer checkout experiences. By folding BVNK’s agile...
Amazon is in advanced talks to acquire low‑Earth‑orbit satellite operator Globalstar for roughly $9 billion. The deal would give Amazon’s Leo network immediate access to an operational satellite fleet, spectrum licenses and a foothold in Apple’s emergency‑SOS service, while Apple’s 20%...
. @vickeller on Warren Buffett and Berkshire Hathaway acquiring three of his companies, and what he looked at in his companies: "Mr. Buffett acquired businesses that I was fortunate enough to be part of founding. I don't think anybody sells a...

OpenAI just bought TBPN — not just a podcast, but the entire "interpretation layer" for AI. They're not acquiring content. They're buying a personality. And it might be costing them more than they realize. New piece: "OpenAI: The High Cost of Buying a...
Engine and Nuqleous announced a merger that consolidates their retail analytics capabilities under the Engine brand. Private‑equity firm Rubicon Technology Partners stays on as the majority investor, positioning the new entity to scale faster in the CPG data market.
We purchased the aircraft manufacturer Atol Aviation. Through the deal, Sensofusion is bringing new air-to-ground counter-drone systems to market, with the aircraft platforms to be manufactured at a former air force base in Finland. https://t.co/oUczLQ73u9
Elon Musk’s aerospace firm SpaceX has completed a $1.25 trillion acquisition of his AI startup xAI. The merger creates a mega‑tech conglomerate and positions SpaceX for an IPO that could value the combined entity at $1.75 trillion, dwarfing any public offering to...

Bank mergers in the United States have surged in 2025 and are projected to continue into 2026, prompting a wave of branch closures. The Office of the Comptroller of the Currency recorded 41 closure announcements in the first quarter of...
Goldman Sachs finalized the purchase of Innovator Capital Management, bringing roughly $31 billion in assets under supervision into its ETF platform. The deal expands Goldman’s active ETF suite to 240 funds, positioning it among the world’s ten largest active ETF providers.
New Trail Blazers owner Tom Dundon announced that the franchise will abandon its recent development‑first approach in favor of a win‑oriented culture. The statement follows the NBA Board of Governors' approval of the $4.25 billion sale of the team, and comes...
Soluna Holdings completed a $53 million acquisition of the Briscoe Wind Farm in West Texas, securing renewable power for its AI‑focused data centers. At the same time, environmental groups urged the Federal Energy Regulatory Commission to reject TeraWulf’s purchase of a...

Franklin Resources (NYSE:BEN) announced it will acquire crypto‑asset manager 250 Digital, creating a new Franklin Crypto unit. The transaction, slated to close in the second quarter, will be partially paid with BENJI tokens tied to its blockchain‑based mutual fund. By...