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Meta faces trial in New Mexico for alleged child exploitation on its platforms and profiting from it.
Nvidia, Amazon, and Microsoft are to issue term sheets for a $60 billion investment in OpenAI.
US banks may lose $500 billion to stablecoins within 24 months, posing a threat to financial stability.
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
Nvidia invests $2 billion in CoreWeave to accelerate the construction of data centers.
Autodesk sheds 7% of its global workforce to redirect investments to AI and cloud.
Netflix’s $72 billion offer for Warner Bros. is all cash as it steps up its proposal.
Zurich Insurance offers $10 billion for the UK’s Beazley in a bid to expand in the specialty insurance market.
A UN treaty to safeguard biodiversity in the high seas comes into effect, aiming to protect 30% of the oceans by 2030.
China’s trade surplus increases by 20% to a record $1.2 trillion amid Trump’s tariffs.
China’s securities regulator announced Friday that Chinese fintech company Ant Group has been fined nearly $1 billion for “illegal acts.” The China Securities Regulatory Commission
Tens of millions of people have downloaded Meta’s new text-based program, Threads since it launched last week as a competitor to Elon Musk’s social networking
A professor who worked on the creation of Nadine, a social robot driven by artificial intelligence (AI) and equipped with human-like movements and expressions, believes
In an effort to reduce its dependency on American technology, China has announced the launching of OpenKylin, its first domestic open-source desktop operating system. China’s
The Financial Times reported on Tuesday that the Bank of England is considering strategies to compel more foreign banks to establish subsidiaries in the UK.
Small manufacturer Farrat, located on the outskirts of Manchester, is ramping up investment in Germany to make up for the increased customs delays and bureaucracy
Seven corporations, including Amazon, Apple, Google, Facebook-owner Meta, and Microsoft, claim to fit the EU’s new “gatekeeper” criterion, which calls for them to adhere to
A new app that resembles Twitter will soon be unveiled by Meta as a direct threat to the Elon Musk-owned social media network. The app,
Bahrain has signed a memorandum of understanding for strategic partnerships and investments with Britain, according to the Bahraini crown prince’s social media account on Monday.
On Monday, the leaders of the World Bank and the World Trade Organization urged nations to step up efforts to make international service trade more
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