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Judge awards Anthropic a $1.5 billion settlement for the largest copyright infringement in history, utilized to train the Claude chatbot.
UK’s Metro Bank is considering a merger with rival Aldermore in a $2.7 billion deal.
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.
China presented its largest-ever package of tax cuts for electric vehicles (EVs) and other green automobiles on Wednesday, totaling 520 billion yuan ($72.3 billion) over
The UK government debt reached 100% of GDP for the first time since 1961 as a result of skyrocketing interest rates and inflation, undermining Prime
PayPal said on Tuesday that private equity firm KKR has agreed to buy a sizeable amount of its buy now, pay later (BNPL) loans in
The shortlist for the bid to purchase Zambia’s Mopani Copper Mines includes China’s Zijin Mining and Norinco Group, South Africa’s Sibanye Stillwater, and an investment
On the first day of the Paris Airshow, European aircraft manufacturer Airbus announced the largest aircraft order in history: an order for 500 narrowbody jets
This past weekend, there were numerous mass shootings and acts of violence across the country that resulted in the deaths of at least six individuals,
IMF Managing Director Kristalina Georgieva stated on Monday that the IMF is developing a framework for central bank digital currencies (CDBCs) to promote international trade.
The proposed $1.7 billion acquisition of iRobot Corp, the company that makes the Roomba vacuum, by Amazon.com Inc. was approved by Britain’s antitrust regulator on
In an effort to increase chip capacity, Intel announced on Friday that it will invest up to $4.6 billion in a new semiconductor assembly and
In a rural area of the Canadian province of Manitoba, a bus bringing seniors to a casino crashed with a semi-trailer truck on Thursday, killing
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