AT&T is stepping away from the entertainment scene. It's selling its majority stake in satellite TV provider DirecTV to private equity firm TPG Partners for a whopping $7.6 billion. This move comes more than 10 years after AT&T bought DirecTV for $48.5 billion, aiming to boost its video subscriber b
You might have heard of the Miami Dolphins, but did you know that a billionaire named Joe Tsai could be their next big investor? Let’s get to know him better. Born in Taiwan, Joe is now a Canadian citizen with an impressive net worth of $9.8 billion. He's not just any wealthy guy; he co-founded Alib
California Governor Gavin Newsom has taken a significant step towards promoting equity and fairness in college admissions by signing legislation that bans private nonprofit colleges from giving preference to applicants based on family connections. This move is set to take effect in September 2025, a
In a move aimed at streamlining its operations, AT&T has agreed to sell its 70% stake in satellite TV service DirecTV to private equity firm TPG for a staggering $7.6 billion. This decision marks the end of an era for AT&T, which had acquired DirecTV back in 2015 for $48.5 billion. Since then, the s
Higher education has always been the key to unlocking opportunities, but for many students, the path to success is filled with obstacles. Historically, those with a common advantage have had easier access to knowledge and skills, while others faced significant barriers. Poverty, racism, disability,
OpenAI, the artificial intelligence company co-founded by Sam Altman, has been making waves in the tech world with its rapid growth and high valuation. The company, which is backed by Microsoft, is currently pursuing a funding round that would value it at more than $150 billion. However, behind the
The accounting industry is undergoing a significant transformation. Gone are the days when small and medium-sized accounting firms could thrive solely on the basis of their traditional services. Today, the industry is under pressure to adapt to changing times, and private equity firms are at the for
Boston's business landscape is facing a crisis of leadership, with at least 10 prominent Black leaders departing from their roles this year. The unexpected exit of Cain Hayes, CEO of Point32Health, has sparked urgent conversations among Boston's Black leaders, who fear that the city is shedding more
In a landmark move, Illinois took the bold step of abolishing money bail last year, prioritizing public safety over wealth and ushering in a new era of justice and equity. This significant milestone marks a year of success, and it's time to reflect on the profound impact of this reform. The journey
The Federal Reserve is poised to make a crucial decision - cutting its key interest rate, which has been widely anticipated since the Covid-19 pandemic. The rate cut serves as a benchmark for borrowing costs across the economy, and investors are eagerly waiting to see how big the cut will be. While
