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Reuters @reuters.com Β· London πŸ‡¬πŸ‡§ Β· 6h

The White House has invited a reduced delegation of CEOs, including leaders from Nvidia, Apple, and Boeing, to accompany President Trump on his upcoming visit to Beijing, reflecting internal divisions and low expectations for the summit, which is expected to focus on limited trade discussions and potential extensions of existing agreements. #USChinaRelations #TradeSummit #BusinessDelegation #CN #US #GB #DE

www.reuters.com
Trump plans to bring a smaller CEO delegation to Beijing summit, sources say
BEIJING/WASHINGTON, May 8 (Reuters) - The White House has invited a scaled-back CEO delegation to accompany President Donald Trump to Beijing next week, five sources briefed on preparations said, reflecting divisions in the administration on economic policy toward China and limited expectations for the summit.
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Reuters @reuters.com Β· London πŸ‡¬πŸ‡§ Β· 2d

Brazilian billionaire Joesley Batista played a crucial role in facilitating a meeting between U.S. President Donald Trump and Brazilian President Luiz Inacio Lula da Silva, highlighting the increasing influence of business leaders in U.S. political discussions. #Diplomacy #BusinessInfluence #BrazilUSRelations #BR #US #VE

www.reuters.com
Brazil's billionaire Batista helped broker Lula-Trump meeting, source says
BRASILIA/SAO PAULO, May 6 (Reuters) - Brazilian billionaire Joesley Batista, one of the owners of meatpacker JBS (Z98. F), opens new tab, played a key role in arranging a meeting between U.
BBC @bbc.com Β· London πŸ‡¬πŸ‡§ Β· 2d

Musk announced plans to withhold funding from OpenAI during a trial against the company's CEO Sam Altman, amidst a long-standing feud following his departure from the organization he co-founded, as key testimonies revealed Musk's awareness of the company's shift towards a for-profit model and highlighted the involvement of former board member Shivon Zilis, who has children with Musk. #AI #Technology #BusinessRelations #US

www.bbc.co.uk
'I thought he was going to hit me' OpenAI co-founder says of Musk
The meeting ended shortly thereafter, Brockman said, with Musk announcing that he would start withholding funding from OpenAI, which he had been backing since its start in 2015.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 3d

The DealBook newsletter discusses the potential establishment of a government approval process for artificial intelligence models, highlighting a significant shift in the White House's approach to AI governance amid concerns about national security and the rapid development of A.I. tools, particularly following the emergence of powerful models like Anthropic's Mythos. #ArtificialIntelligence #BusinessNews #PolicyQuestions #US #CN #GB #IR #AE #SA #SE #CA #DE

www.nytimes.com
Behind the Trump Administration's Potential Rethink on A.I.
You're reading the DealBook newsletter. The most crucial business and policy news you need to know from Andrew Ross Sorkin and team.
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Reuters @reuters.com Β· London πŸ‡¬πŸ‡§ Β· 3d

OpenAI and Anthropic are in discussions to acquire engineering and consulting firms to enhance the deployment of their AI technologies, with OpenAI's venture, The Deployment Company, reportedly close to finalizing three deals as they both seek to address the labor-intensive needs of businesses integrating AI solutions. #ArtificialIntelligence #MergersAndAcquisitions #BusinessStrategy #US #GB

www.reuters.com
OpenAI, Anthropic ventures in talks to buy AI services firms, sources say
NEW YORK, May 5 (Reuters) - The joint ventures OpenAI and Anthropic separately created with private equity firms are in talks to acquire services companies that help businesses deploy artificial intelligence, with OpenAI's new venture in advanced stages on three deals, people familiar with the matter told Reuters.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 3d

The article discusses the potential for increased government oversight of artificial intelligence (A.I.) tools under the Trump administration, including the establishment of a formal review process for new A.I. models, amidst rising concerns about their impact on cybersecurity and national security. #ArtificialIntelligence #GovernmentRegulation #BusinessInsights #US #CN #GB #IR #AE #DE #CA #SE

www.nytimes.com
Behind the Trump Administration's Potential Rethink on A.I.
You're reading the DealBook newsletter. The most crucial business and policy news you need to know from Andrew Ross Sorkin and team.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 3d

The article discusses the potential for increased government oversight of artificial intelligence (A.I.) tools in the U.S., highlighting a shift in the White House's perspective where an executive order may establish a formal review process for new A.I. models, driven by concerns over their power and implications for national security, particularly following the emergence of advanced models like Mythos from Anthropic. #ArtificialIntelligence #Regulation #BusinessNews #US #CN #GB #IR #AE #DE #SE

www.nytimes.com
Behind the Trump Administration's Potential Rethink on A.I.
You're reading the DealBook newsletter. The most crucial business and policy news you need to know from Andrew Ross Sorkin and team.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 3d

The article discusses the White House's potential plans for increased oversight of artificial intelligence (A.I.) tools, including the creation of a government working group to evaluate new A.I. models before their release, amidst rising concerns about the significant capabilities of such technologies, particularly regarding national security. #ArtificialIntelligence #Regulation #BusinessNews #US #CN #GB #AE #IR #JP #KR #SE

www.nytimes.com
Behind the Trump Administration's Potential Rethink on A.I.
You're reading the DealBook newsletter. The most crucial business and policy news you need to know from Andrew Ross Sorkin and team.
Euronews English @euronews.com Β· Lyon πŸ‡«πŸ‡· Β· 3d

The Basque steel pipe manufacturer Tubos Reunidos has plunged from strong profitability in 2023 to near-collapse by 2026, facing a staggering debt of €263 million, significant operational losses, and ongoing investigations into alleged political influence over a state-backed emergency loan, prompting employee protests and court-ordered management. #SteelIndustry #BusinessNews #Bankruptcy #ES #US #CN

www.euronews.com
Spanish steel pipe maker Tubos Reunidos goes insolvent after 134 years
The emblem of Basque industry went from strong profitability in 2023 to near-collapse in 2026. The situation looks bleak and potentially terminal for the Álava-based steel pipe maker company Tubos Reunidos, as its board of directors has informed both the National Securities Market Commission and a court in Vitoria-Gasteiz that it is unable to meet its upcoming financial obligations or debts.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 3d

Amazon has announced the launch of its logistics services, Amazon Supply Chain Services, to unassociated businesses, with major corporations like American Eagle Outfitters and Procter & Gamble already on board, marking a significant expansion of its shipping, fulfillment, and delivery offerings that is impacting competitors like FedEx and UPS. #Logistics #SupplyChain #BusinessExpansion #US

www.nytimes.com
Amazon Expands Logistics Arm to Outside Companies
The company said that its shipping, fulfillment and delivery services would be offered to other businesses. Several large corporations have already signed on.
BBC @bbc.com Β· London πŸ‡¬πŸ‡§ Β· 3d

Two former Vodafone franchisees, Donna Watton and Rachael Beddow Davison, claim they accrued significant debt and suffered mental health issues due to alleged irrational business decisions by Vodafone, which cut commission rates and imposed fines on franchisees, leading them to pursue legal action against the company alongside 60 other ex-franchisees. #FranchiseChallenges #MentalHealthIssues #BusinessDispute #GB

www.bbc.com
'Vodafone sold us a dream - the reality was something different'
Two women say they were left tens of thousands of pounds in debt and with mental health issues after running Vodafone franchise shops.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 3d

Amazon announced the launch of its logistics services, Amazon Supply Chain Services, aimed at providing shipping, fulfillment, and delivery solutions to other businesses, with several large corporations like American Eagle Outfitters and Procter & Gamble already on board, leading to a notable drop in competitor shares. #AmazonLogistics #SupplyChain #BusinessExpansion #US #3M

www.nytimes.com
Amazon Expands Logistics Arm to Outside Companies
The company said that its shipping, fulfillment and delivery services would be offered to other businesses. Several large corporations have already signed on.
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Reuters @reuters.com Β· London πŸ‡¬πŸ‡§ Β· 3d

Doris Fisher, co-founder of Gap Inc. and a significant figure in American retail, has passed away at the age of 94, having played a crucial role in establishing the brand's identity and advocating for equality and philanthropy within the company. #FashionIndustry #BusinessLeadership #WomenInBusiness #US #IN

www.reuters.com
Gap co‑founder Doris Fisher dies at 94
May 4 (Reuters) - Gap (GAP. N), opens new tab co-founder Doris Fisher, who helped build one of America's most recognizable clothing retailers, has died at the age of 94, CEO Richard Dickson said in a statement.
BBC @bbc.com Β· London πŸ‡¬πŸ‡§ Β· 4d

The Lee family, owners of South Korea's leading conglomerate Samsung, has completed an unprecedented 12 trillion won (US$8 billion) inheritance tax payment, linked to the estate of the late chairman Lee Kun-hee, marking the largest contribution of its kind in the nation's history. #Samsung #BusinessNews #CorporateTax #KR

www.bbc.com
"Pagar impuestos es nuestro deber como ciudadanos": la familia que controla el imperio Samsung paga una cifra rΓ©cord de US$8.000 millones en impuestos a la herencia - BBC News Mundo
La familia detrΓ‘s del gigante corporativo surcoreano Samsung finalizΓ³ el pago de una factura de impuestos a la herencia de 12 billones de wones (US$8.