Occidental Petroleum plans to sell certain Delaware Basin assets in Texas and New Mexico to Permian Resources for about $818 million.
About us
We are a new media company delivering vital, trustworthy news and analysis in the most efficient, illuminating and shareable ways possible. We offer a mix of original and smartly narrated coverage of media trends, tech, business and politics with expertise, voice AND smart brevity — on a new and innovative mobile platform. At Axios — the Greek word for worthy — we provide only content worthy of people's time, attention and trust. Careers: https://www.axios.com/careers
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https://www.axios.com/
External link for Axios
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- 501-1,000 employees
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- 2017
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Updates
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Global M&A is making a comeback, according to new PitchBook data. Why it matters: The long market downturn has affected everything from investments to acquisitions, and exacerbated the lack of liquidity.
Global M&A rebounds
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Axios reposted this
🚨 Free article: The Justice Department is arguing in court that #TikTok has not made any valid claims that the divest-or-ban law is unconstitutional. Why it matters: DOJ's filings are the government's opportunity to justify forcing a sale of TikTok by laying out the company's ties to #China and why that makes it a national security threat. There are "new and significant indications of ByteDance and TikTok's history of censorship and content manipulation," senior DOJ officials explaining the filings told reporters on a call Friday. Read the full story + analysis from #Tech Policy reporter Maria Curi on AxiosPro.com: https://lnkd.in/eVUqWzcb
Inside DOJ's court filings against TikTok
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Don't look for luxury EV maker Lucid to join the crowded electric pickup truck race — CEO Peter Rawlinson says the math doesn't work. https://trib.al/t75lBO7
Lucid Group CEO Peter Rawlinson sees a path to thriving in a tough market
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Fiber optic cables in several regions of France were cut overnight in what appears to be a coordinated act of sabotage, French service providers said Monday. https://trib.al/oakyizn
French fiber optic cables cut in latest Olympics sabotage
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Is it legal to lie on Twitter about what's in your stock portfolio? That's the question at the heart of both government cases against short seller Andrew Left. https://trib.al/PWtfKFT
The U.S. government's case against short seller Andrew Left
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Sen. Cynthia Lummis predicted at a gathering of original cryptocurrency fans today that Sen. Tim Scott would chair the Senate Banking Committee if Republicans took control of the Senate in this upcoming election. That would mean a shift in the vision for regulation of all sorts of financial matters, particularly the $1.3 trillion Bitcoin economy, which Scott promised to treat with a "light touch."
Sens. Lummis and Scott promise a light touch on Bitcoin
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Famed activist short-seller Andrew Left is facing criminal charges and civil complaints alleging that, for years, he manipulated stock prices and lied to investors about his positions.
Famed short-seller Andrew Left faces more than a dozen criminal fraud charges
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Trump will deliver a keynote speech at a Bitcoin conference in Nashville Saturday. His appearance comes amid cryptocurrency's emergence as a wedge issue in the 2024 election. It's already caused some notable tech executives to pledge support — and donations — to the former president.
Trump to address friendly crowd at Bitcoin conference Saturday
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Axios reposted this
The White House on Friday announced that agencies are ahead of schedule on AI executive order work and hit all of their July 26 deadlines. The big picture: The executive branch — not Congress — is in the driver's seat for federal AI regulation. If the majority of tasks in the executive order are completed before a potential Trump administration, they would have a much harder time repealing it. Read the full story from Tech Policy reporter Maria Curi on AxiosPro.com: https://lnkd.in/ee6dRSfm
Biden administration hits latest AI executive order deadlines
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