Burgers, coffee and fried chicken will soon be under one roof. Restaurant Brands International Inc., the parent company of Burger King and Tim Hortons is acquiring Popeyes for $1.8 billion. The deal is expected to close in April. Restaurant Brands hopes to use its global reach to expand Popeyes restaurants internationally. Currently, Popeyes, which primarily sells …
NY Times – DealB%k
- Microsoft Reports Rising Revenues as A.I. Investments Bear Fruit April 25, 2024The tech giant’s quarterly results included strong growth in cloud computing, fueled by its services in generative artificial intelligence.
- How Pastor Chad Nedohin Helped Turn Trump Media Into a Meme Stock April 25, 2024Chad Nedohin, a part-time pastor, is among the fans of Donald J. Trump who helped turn Trump Media into a meme stock with volatile prices.
- ‘To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower April 25, 2024The oil-rich kingdom is plowing money into glitzy events, computing power and artificial intelligence research, putting it in the middle of an escalating U.S.-China struggle for technological influence.