American businessman and former basketball great
Music industry titan Clive Davis has died at his Manhattan home, after recent hospitalization for respiratory issues. He built CBS, Arista and J Records into powerhouses, signing Whitney Houston, Bruce Springsteen and Aretha Franklin, among others. Reactions from peers and artists highlight his eye for talent and lasting influence on popular music.
OpenAI and Anthropic prepare to list as other tech ventures eye public debuts, amid warnings about IPO pricing. History shows many listings underperform in the long run, but investors remain hopeful as market chatter intensifies.
Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers from Mark Walter in a transaction valuing the franchise at about $12.5 billion. The sale has been announced this week, requires approval from the NBA Board of Governors and is subject to due diligence and Kushners divestment of a Miami Heat stake.