Standard Chartered estimated on Tuesday that stablecoins, which are U.S. dollar-backed cryptocurrency tokens, could withdraw about $500 billion in deposits from U.S. banks by the
Category: WORLD NEWS
Nvidia invests $2 billion in CoreWeave to accelerate the construction of data centers.
As the two businesses deepen their collaboration to increase data centre capacity in the US, Nvidia has invested $2 billion in CoreWeave, becoming the AI
Autodesk sheds 7% of its global workforce to redirect investments to AI and cloud.
Autodesk, a manufacturer of design software, announced on Thursday that it would eliminate around 1,000 jobs, or 7% of its global staff, in order to
Netflix’s $72 billion offer for Warner Bros. is all cash as it steps up its proposal.
In an attempt to win over the shareholders of the Hollywood behemoth for its $72 billion merger and possibly avert a hostile bid from Paramount,
Zurich Insurance offers $10 billion for the UK’s Beazley in a bid to expand in the specialty insurance market.
The British company’s shares increased 40% on Monday after Zurich Insurance Group made an upgraded bid of 7.67 billion pounds ($10.3 billion) for specialty insurer
A UN treaty to safeguard biodiversity in the high seas comes into effect, aiming to protect 30% of the oceans by 2030.
On Saturday, a historic international agreement to protect high seas biodiversity went into force, giving nations a legally enforceable framework to address challenges like overfishing
China’s trade surplus increases by 20% to a record $1.2 trillion amid Trump’s tariffs.
The government said on Wednesday that China’s trade surplus reached a record of about $1.2 trillion in 2025 as exports to other nations compensated for
Grok will geoblock sexualized images of women and children in areas where they are illegal, X says.
Elon Musk’s AI chatbot Grok won’t be able to alter images to show actual individuals in skimpy attire in locations where it’s prohibited, X says.
U.S. Bancorp expands its footprint in the capital markets with a $1 billion purchase of BTIG.
To strengthen its position in the capital markets, U.S. Bancorp announced on Tuesday that it would purchase Wall Street brokerage BTIG for up to $1
Alphabet hits a $4 trillion valuation as investors continue to bet on AI breakthroughs.
Alphabet Inc., the parent company of Google, became the fourth Big Tech giant to reach a valuation of $4 trillion on Monday. This once-unthinkable milestone
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