The New York Times – Business:
The federal government had planned to require poor adults to prove they were working or lose insurance coverage starting Jan. 1. Now, it will let states wait until July.
Blog
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Wall Street Makes Its Pitch for Anthropic’s I.P.O.
The New York Times – Business:
As market uncertainty deepens, investment banks are on a roadshow to sell investors on what could be the largest public offering ever.
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Inside Microsoft’s Rush to Get Back Online After a Global Outage
The New York Times – Business:
A prolonged outage left many without email and other services, the most recent reminder that the world’s technological underpinnings rely on just a few companies.
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Why Jensen Huang Was Essential to Nvidia’s Rise
The New York Times – Business:
Jensen Huang was the driving force at Nvidia, with 60 direct reports and no clear succession plan. Tripp Mickle, one of our technology reporters, examines Mr. Huang’s central role in the company and the artificial intelligence industry.
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Microsoft’s Global Outage and Fixes: What We Know
The New York Times – Business:
The company described “encouraging” progress on efforts to overcome a second day of disruptions to its email, messaging and other services.
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With Huang Out, Asian Americans Lose a Star, and Fear What Comes Next
The New York Times – Business:
Many East Asians said that he had swagger and seemed like a superhero. Now there are worries that the spy scandal turns into hyper scrutiny against them.
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Jensen Huang Lost His Job. Wall Street Lost Its Biggest Prize.
The New York Times – Business:
The ousted Nvidia chief executive was the consummate dealmaker leading the trillion-dollar A.I. build out.
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Bessent Faults Commerce Dept. for Failing to Blacklist Megaspeed
The New York Times – Business:
The Treasury secretary blamed the department for not sanctioning Megaspeed and said that Nvidia employees should be held accountable if they sidestepped the law.
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Silicon Valley Start-Ups Face a Future Without Jensen Huang’s Money
The New York Times – Business:
Mr. Huang championed start-ups, with Nvidia holding $48 billion worth of stakes in 229 private companies, including OpenAI and Anthropic, at the end of July.
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Fewer Fed Meetings Raise Stakes of Warsh’s Communications
The New York Times – Business:
The Federal Reserve will vote on interest rates less frequently beginning next year as part of a plan by the central bank’s chairman, Kevin M. Warsh, to overhaul how it operates.