The streaming pioneer Roku will be acquired by Fox Corp. in a cash-and-stock deal worth around $22 billion, including debt. In addition to the Roku
Category: WORLD NEWS
U.S. bank regulators are rattled by the speed and extent of AI use at financial companies.
U.S. banking regulators are increasing their scrutiny of how lenders use artificial intelligence as the emerging technology spreads throughout the sector. They are pressing companies
Elon Musk becomes the first trillionaire in history as SpaceX goes public.
Even though Elon Musk may never populate Mars as he has claimed, enough investors view the inventor of SpaceX as a kind of miracle worker
The U.K.’s Frasers Group offers to buy struggling German fashion brand Hugo Boss for $2.31 billion.
The British billionaire Mike Ashley’s shop, Frasers Group, made a €2 billion ($2.31 billion) acquisition offer for the faltering German fashion brand Hugo Boss on
Japan’s three top banks to jointly issue stablecoins by March 2027.
In an indication of the growing popularity of digital payments in a nation where cash and credit cards are still widely used, Japan’s three biggest
European banks seek simpler regulatory framework as investment gap reaches $1.62 trillion.
The European Banking Federation stated on Tuesday that Europe confronts a growing €1.4 trillion ($1.62 trillion) yearly investment deficit that could impede its economic goals,
Intel secures a multi-billion-dollar contract for three million Google in-house AI chips.
Alphabet’s Google has placed an order with Intel to construct more than three million tensor processing units in 2028. Although it hasn’t yet placed an
Banco BPM-MPS $58 billion merger deal to form Italy’s second-biggest bank.
Italy’s Banco BPM, announced on Sunday that it will invite Banca Monte dei Paschi di Siena, to talk about a possible merger that would make
US chipmakers suffer $1.3 trillion in stock market losses
The market value of U.S.-traded chipmakers fell by roughly $1.3 trillion on Friday. AI heavyweights like Nvidia, Micron Technology, and Advanced Micro Devices saw significant
Vanguard’s index fund achieves the milestone of the first $1 trillion ETF.
The flagship exchange-traded vehicle of the index investing pioneer, the Vanguard S&P 500 ETF, became the first ETF in history to achieve and surpass $1
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