The ECB is set to launch a digital euro pilot to safeguard Europe’s economic sovereignty.
The European Central Bank stated on Thursday that if it can get lawmakers’ timely approval for a project it believes is essential to the financial
AfDB approves a $114 million loan for Africa’s first EV battery gigafactory in Morocco.
On Friday, the African Development Bank (AfDB) announced that it had authorized a €100 million ($114 million) loan to support the construction of Africa's first
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Nvidia hits a $5tr valuation after $500b in AI chip orders and plans to build 7 supercomputers for the US government.
Nvidia is poised to make history on Wednesday by becoming the first firm to reach $5 trillion in market value, continuing a strong surge that
The Skyworks-Qorvo merger, valued at $22 billion, will create one of the largest radio-chip giants globally.
The firms announced on Tuesday that Skyworks Solutions, which provides radio frequency chips to Apple and other smartphone manufacturers, will combine with rival Qorvo to
Perpetua Resources, an antimony and gold miner, gets the first investment of JPMorgan’s $1.5 trillion security fund.
Perpetua Resources, an antimony and gold mining company, is the first investment made by JPMorgan Chase. $1.5 trillion investment fund for U.S. national security, highlighting
Japan’s SoftBank authorizes the remaining $22.5 billion investment in OpenAI.
The Information, a tech news website, said on Saturday that SoftBank had approved a second installment of $22.5 billion to complete its $30 billion investment
The emergence of European megabanks frustrated by golden powers—the EU finance cop.
When questioned on Friday over German opposition to UniCredit’s plans to acquire Commerzbank, the EU Commissioner for Financial Services bemoaned barriers to the establishment of
Google and AI startup Anthropic sign a multi-billion dollar cloud deal.
Anthropic, an artificial intelligence company, has signed a multibillion-dollar agreement with Google to purchase additional processing capacity required for the startup’s chatbot, Claude. Anthropic stated
OpenAI launches ChatGPT Atlas to challenge Google Chrome’s market dominance.
OpenAI announced on Tuesday that Atlas, a web browser powered by ChatGPT, will compete with the popular Google Chrome browser. The statement caused the share
Swiss-based bottler Coca-Cola HBC acquires control of the African bottling business for $2.6 billion.
Coca-Cola HBC, a Swiss-based bottler, announced on Tuesday that it has agreed to pay $2.6 billion to acquire a 75% ownership in its African counterpart.
Amazon cloud outage grounds half the internet, including Zoom, Snapchat, Roblox, and other major sites.
Leading cloud infrastructure provider Amazon Web Services announced a significant outage on Monday that brought down a number of well-known websites. In an update at
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