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OpenAI Snaps Up TBPN, Slashes ChatGPT Pricing As Secondary Market Interest Fades
OpenAI Snaps Up TBPN, Slashes ChatGPT Pricing As Secondary Market Interest Fades
Update (1400ET): In a surprise move, OpenAI has acquired TBPN (Technology Business Programming Network), the influential daily technology talk show and media platform hosted by John Coogan and Jordi Hays. TBPN has become one of Silicon Valley’s most-watched programs for real-time tech news, M&A rumors, high-profile executive interviews, and AI developments - often described as “SportsCenter for the tech industry.” The deal gives OpenAI a powerful owned-media channel to directly reach and engage the tech community while accelerating global...
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Apr 20, 2026 / Tyler Durden
Key Events This Week: Warsh Nomination Hearing, Retail Sales, Fed Blackout, Earnings
Key Events This Week: Warsh Nomination Hearing, Retail Sales, Fed Blackout, Earnings
As the war in Iran enters its 8th week, Deutsche Bank's Jim Reid says that recent developments can be framed in two ways: either five steps forward towards peace and three back (seems more apt than three and two), or as evidence that the two sides remain far enough apart that a lasting deal will be extremely hard to achieve and markets have become far too optimistic. Reid leans more towards the former, but the comparison with recent history...
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May 7, 2026 / Tyler Durden
Court Strikes Down Trump's Replacement Tariffs; A Minor, Temporary Setback, With Sec 301 Tariffs Coming
Court Strikes Down Trump's Replacement Tariffs; A Minor, Temporary Setback, With Sec 301 Tariffs Coming
After the close on Thursday, the Court of International Trade (CIT) ruled to invalidate Trump's latest set of universal 10% tariff imposed two months ago under Sec. 122. The administration will quickly appeal this decision before it takes effect May 12. If the case follows the same pattern as the challenge to the IEEPA tariffs last year, a higher court might soon stay this ruling and leave the tariffs in place pending a longer review.
As...
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May 5, 2026 / Tyler Durden
US New Home Sales Soar For 2nd Straight Month As Prices Plunged In March
US New Home Sales Soar For 2nd Straight Month As Prices Plunged In March
After collapsing in January (-17.6% MoM - worst since July 2013 amid weather disruptions), US New Home Sales have risen strongly for two straight months - up 8.9% MoM in February and up 7.4% MoM in March...
Source: Bloomberg
This lifted new home sales by 3.3% YoY, but the total SAAR remains below Dec 2025 levels...
Source: Bloomberg
New home sales have really gone nowhere in three years.
Median new home prices plunged in March from $407k to $387.4k - its...
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