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Highlights

  1. DealBook Newsletter

    Ackman’s Wait for His Long-Awaited Fund Offering

    The billionaire financier’s U.S.-listed investment vehicle is facing a delay in pricing its I.P.O., the latest speed bump in its journey to the public markets.

     By Andrew Ross SorkinRavi MattuBernhard WarnerSarah KesslerMichael J. de la MercedLauren HirschEphrat LivniTheodore Schleifer and

    Bill Ackman has had to delay the I.P.O. of his latest fund amid scrutiny of a letter he wrote to some investors about its prospects.
    Bill Ackman has had to delay the I.P.O. of his latest fund amid scrutiny of a letter he wrote to some investors about its prospects.
    CreditAndrew Harnik/Associated Press
    1. DealBook Newsletter

      Why Is It So Hard for Olympic Host Cities to Control Costs?

      An Oxford study estimates that despite cost-cutting efforts, Paris is spending more than $1 billion above the Games’ historical median cost.

       By Vivienne Walt and

      The opening ceremony of the 2024 Summer Olympics featured a boat parade that ferried nearly 7,000 athletes, as well as performances by Lady Gaga and Celine Dion.
      The opening ceremony of the 2024 Summer Olympics featured a boat parade that ferried nearly 7,000 athletes, as well as performances by Lady Gaga and Celine Dion.
      CreditPool photo by Francois-Xavier Marit
    2. DealBook Newsletter

      Behind the Democrats’ Fight Over Lina Khan’s Future

      A debate over whether the F.T.C. chair should stay reflects broader anxiety over how Kamala Harris would regulate business.

       By Andrew Ross SorkinRavi MattuBernhard WarnerSarah KesslerMichael J. de la MercedLauren Hirsch and

      The debate over Lina Khan’s tenure as F.T.C. chair reflects wider anxiety over how a Kamala Harris administration would regulate business.
      The debate over Lina Khan’s tenure as F.T.C. chair reflects wider anxiety over how a Kamala Harris administration would regulate business.
      CreditHaiyun Jiang for The New York Times
    3. Sign Up for DealBook

      Make sense of the latest business and policy headlines with our daily newsletter.

       

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DealBook Newsletter

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  1. Rupert Murdoch’s Game of Thrones

    The battle between the media mogul and three of his children over control of his empire has big ramifications for politics, media and more.

     By Andrew Ross SorkinRavi MattuBernhard WarnerSarah KesslerMichael J. de la MercedLauren HirschEphrat Livni and

    Control of the Murdoch family trust has pitted Rupert Murdoch, center, and his elder son, Lachlan, left, against James, right, and other children.
    CreditLeon Neal/Agence France-Presse — Getty Images
  2. Why Some Donors Are Holding Back on Endorsing Harris (for Now)

    Fear of being seen as circumventing an open nomination process is one reason that some backers have not yet publicly endorsed the vice president.

     By Andrew Ross SorkinRavi MattuBernhard WarnerSarah KesslerMichael J. de la MercedLauren Hirsch and

    Vice President Kamala Harris has secured the backing of most leading Democrats and big donors, but some worry that going too fast could backfire with voters.
    CreditErin Schaff/The New York Times
  3. With Biden’s Endorsement of Harris, What’s Next?

    Many Democrats endorsed the vice president as their party’s standard-bearer, but some donors questioned whether more competition for the role was needed.

     By Andrew Ross SorkinRavi MattuBernhard WarnerSarah KesslerMichael J. de la MercedLauren HirschEphrat Livni and

    President Biden endorsed Vice President Kamala Harris to replace him on the ticket but a number of senior Democrats and donors haven’t.
    CreditYuri Gripas for The New York Times
  4. Why Some of the Loudest Cheers for Trump Are Coming From Silicon Valley

    Elon Musk, David Sacks, Marc Andreessen and other influential figures in technology have endorsed former President Donald Trump.

     By Lauren HirschMichael J. de la Merced and

    Elon Musk reportedly plans to donate around $45 million a month to a pro-Trump super PAC.
    CreditGonzalo Fuentes/Reuters
  5. Counting the Costs of a Global IT Outage

    A “historic” tech failure alarmed investors, after a security update caused problems for Microsoft devices and services, and took down businesses worldwide.

     By Andrew Ross SorkinRavi MattuBernhard WarnerSarah KesslerMichael J. de la MercedLauren HirschEphrat Livni and

    A major IT outage involving Microsoft and CrowdStrike has caused major delays at airports around the world.
    CreditClemens Bilan/EPA, via Shutterstock

DealBook Summit

More in DealBook Summit ›
  1. Elon Musk’s Mindset: ‘It’s a Weakness to Want to Be Liked’

    In an interview, the tech billionaire slams advertisers for pulling back from X and discusses his emotional state.

     By Andrew Ross SorkinEvan RobertsElaine ChenDan Powell and

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  2. Kamala Harris on Polling and Polarization

    In an interview, the vice president discusses the extent to which she follows polls and why social division is like a virus.

     By Andrew Ross SorkinEvan RobertsElaine ChenDan Powell and

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  3. Jamie Dimon on Why He Thinks We Are Living in One of the Most Dangerous Times

    The JP Morgan chief on E.S.G., the dire state of the global economy and Elon Musk.

     By Andrew Ross SorkinEvan RobertsElaine ChenDan Powell and

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  4. Bob Iger of Disney on Culture Wars and Streaming

    The chief executive talks about returning to the company’s roots while adapting to changing times.

     By Andrew Ross SorkinEvan RobertsElaine ChenDan Powell and

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  5. How Andrew Ross Sorkin Gets Business and World Leaders to Open Up

    The many sides of Elon Musk, the challenges of political interviews, warming up guests beforehand — we take you behind the scenes of the DealBook Summit.

     By Andrew Ross SorkinLulu Garcia-NavarroEvan RobertsElaine Chen and

    Andrew Ross Sorkin with vice president Kamala Harris during the DealBook Summit at Lincoln Center in New York City.
    Credit

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DealBook: A Special Section

More in DealBook: A Special Section ›
  1. At the DealBook Summit, Leaders Contend With an ‘Existential Moment’

    Even leaders who usually display unrestrained confidence expressed anxiety about the state of the world.

     By

    CreditIllustration by Israel Vargas. Photographs by Mario Anzuoni/Reuters, Kenny Holston/The New York Times, Drew Angerer/Getty Images, Jackie Molloy for The New York Times, Coley Brown for The New York Times, Philip Cheung for The New York Times, Alain Jocard/Agence France-Presse via Getty Images, Emily Berl for The New York Times, Ritchie B Tongo/EPA, via Shutterstock, Getty Images, Chip Somodevilla/Getty Images, Michael Tran/Agence France-Presse via Getty Images, Jared C. Tilton/Getty Images, Madeleine Hordinski for The New York Times
  2. The 2024 Election Will Be Unlike Any Other. Is the Media Ready?

    Journalists are facing “deep fakes,” sagging trust, global unrest and an unprecedented Trump campaign being run “from the courthouse steps.”

     By

    President Biden talking to reporters last week. Every presidential election cycle in recent memory has been shaped by the emergence of a new technology or the exploitation of an existing one. But 2024 will be more complicated.
    CreditErin Schaff/The New York Times
  3. Addressing the Tensions Between China and the Rest of the World

    U.S.-China trade is at a record high, but businesses and governments are wrestling with how to balance national security and commercial interests.

     By

    President Biden and President Xi Jinping of China during their meeting last month in California. Both men spoke of the need to avoid conflict.
    CreditDoug Mills/The New York Times
  4. In the Creator Economy, There Is Money to Be Made

    People from all types of backgrounds have become stars — and it’s a trend that’s expected to get even bigger and make them even richer in years to come.

     By

    Name, image and likeness deals have allowed college athletes, like Olivia Dunne, a gymnast at Louisiana State University, to participate in the creator economy.
    CreditAnnie Flanagan for The New York Times
  5. Silicon Valley Confronts a Grim New A.I. Metric

    Where do you fall on the doom scale — is artificial intelligence a threat to humankind? And if so, how high is the risk?

     By

    Dario Amodei demonstrates how the use of simple video games can be used to train the A.I. bots.
    CreditChristie Hemm Klok for The New York Times
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  3. A Digital Coin Based on Baby Trump? Yup.

    One of the wildest, most scam-ridden corners of the cryptocurrency industry — memecoins, which are rooted in internet memes — has roared back.

    By David Yaffe-Bellany

     
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  9. DealBook Newsletter

    Why Tesla Is Still Struggling

    Sluggish car sales and a tough price war with rivals are weighing on Elon Musk’s electric vehicle company.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  16. Netflix Adds 8 Million Subscribers

    Shows like “Bridgerton” and “The Roast of Tom Brady” performed well for the streaming service, which now has 278 million subscribers worldwide.

    By Nicole Sperling

     
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  18. DealBook Newsletter

    How Musk May Influence Trump Policy

    Space, electric vehicles, artificial intelligence: The tech mogul could influence policy in these areas and others should Donald Trump win re-election.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  21. DealBook Newsletter

    The Fed Under Trump 2.0

    Donald Trump says he will not fire Jay Powell as chair of the central bank if he is re-elected president, after threatening to do so. But whether the president even has the authority is open to question.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch, Ephrat Livni and Jeanna Smialek

     
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  28. DealBook Newsletter

    The New Calculus for Democrats and Donors: Is Trump Unbeatable?

    The shooting of Donald Trump has galvanized his campaign, prompted Elon Musk to endorse him and forced Democrats to rethink plans to oust President Biden.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  31. DealBOok Newsletter

    What if the A.I. Boosters Are Wrong?

    A skeptical paper by Daron Acemoglu, a labor economist at M.I.T., has triggered a heated debate over whether artificial intelligence will supercharge productivity.

    By Bernhard Warner and Sarah Kessler

     
  32. The End of the Affair? Not for Eric Schmidt.

    While Mr. Schmidt was chief executive of Google, he had an extramarital relationship with Marcy Simon, a public relations executive. A decade after they split, things are still messy.

    By John Carreyrou

     
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