Hedge funds last week bought these corporate equities at the quickest rate since June 2023, putting banks, insurance, and trading firms back in demand, according
Category: WORLD NEWS
Mastercard acquires Recorded Future for $2.65b to strengthen its threat intelligence capabilities.
The payments business announced on Thursday that Mastercard, has reached an agreement to purchase threat intelligence company Recorded Future from private equity firm Insight Partners
Samsung and Xiaomi colluding with Flipkart and Amazon to breach antitrust laws. – Report.
In violation of antitrust regulations, Samsung, Xiaomi, and other smartphone manufacturers conspired with Amazon and Walmart to offer items exclusively on the e-commerce companies’ Indian
DSV to takeover Schenker in a $15.9b deal creating the biggest global logistics conglomerate.
In an agreement that would make it the largest logistics company in the world, Deutsche Bahn’s logistics division Schenker will be acquired by Denmark’s DSV
The U.S. government will raise $250b from the proposed minimum tax rule on large corporations.
The biggest American corporations would have to pay taxes equal to at least 15% of their income under a new regulation that the Biden administration
Adobe to join the growing market for AI-based video generation tools later this year
Adobe, a software company, announced on Wednesday that it will expand its product portfolio aimed at creative professionals by launching a new generative AI-powered video
Americans duped $5.6b last year in cryptocurrency fraud schemes. – FBI
In a report released on Monday, the FBI stated that fraudulent schemes employing bitcoin defrauded Americans of over $5.6 billion last year, a 45% increase
Huawei tri-fold phone garners 3m pre-orders to rival the new Apple iPhone 16.
According to the company’s website on Monday, the triple-folding smartphone from Chinese tech giant Huawei has received over 3 million pre-sales. This news comes only
The latest iPhone will be powered by Arm’s newest V9 chip design.
SoftBank provided the design for Apple’s newest iPhone, the A18 chip, which is scheduled to be introduced on Monday at an event. The Financial Times
U.S. Treasury recovers $1.3b overdue taxes from wealthy tax dodgers.
Since last fall, the IRS has amassed $1.3 billion in revenue from wealthy taxpayers who evaded paying taxes. The agency attributed this success to increased
Load More
