China scuttles a $5.4b Intel-Tower international chip deal.
The cancellation of Intel’s $5.4 billion acquisition of an Israeli chip company is the result of China’s refusal to approve the transaction in the face
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Google is to introduce a new server chip to run Gemini models more effectively.
Nigeria’s Dangote Refinery raises $2.5 billion in a private placement ahead of a planned IPO.
Meta to diversify beyond advertising with a $10 billion Anthropic compute lease deal.
Apple overtakes Nvidia to become the world’s most valuable company as investors reassess AI’s impact.
JPMorgan, led by Dimon, is poised to become the first bank globally to surpass $1 trillion in assets.
BlackRock’s assets reached a record $15 trillion thanks to ETF inflows and strong markets.
Stripe, Advent bid to acquire PayPal for over $53 billion.
Hungary’s Magyar Fejlesztési Bank gets a €2 billion capital injection with the EU’s approval.
SoftBank, PayPay to rescue Seven & I with $2 billion investment.
UK to regulate BigTech firms to safeguard financial stability.
The cancellation of Intel’s $5.4 billion acquisition of an Israeli chip company is the result of China’s refusal to approve the transaction in the face
Bank of Ireland announced on Wednesday morning that technical issues that permitted some customers to withdraw or transfer more money than was in their accounts
Nigeria’s annual inflation rate increased to 24.08% in July from 22.79% in June, which worsened the continent’s largest economy’s cost-of-living crisis as President Bola Tinubu’s
Using a contentious financial strategy, Gabon plans to reduce its debt load and restore its waters simultaneously, a key conservation organization said on Tuesday. The
White House representatives are intimately involved in a three-day competition that will culminate on Sunday at the DefCon hacker event in Las Vegas. They are
A new generative AI feature that compiles user product reviews is now available on Amazon. Before spending time reading through individual reviews, shoppers can quickly
On Sunday, China’s State Council released rules that it claimed would significantly improve the nation’s environment for foreign investment and draw in more of it.
Following allegations of sexual harassment by participants against local organizers, the Miss Universe Organization announced it was severing connections with its Indonesian franchisee and canceling
A New York-based corporation conducted a forensic audit of Lebanon’s central bank, and the results uncovered years of malfeasance by the bank’s former governor and
The governor’s office announced that a $1.1 billion plant will be constructed in southwest Louisiana by the largest manufacturer of solar energy in the Western