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Amazon jerks up AI and other technology spending by $20 billion from the windfall of Q2.
EU has allocated $11.4 billion for 7 AI gigafactories to compete with the US and China.
Elon Musk launches X Money, offering 6% interest, 3% cashback, and real-time transfers.
China’s CXMT, the largest chip memory maker, soars 472% with debut.
Britain’s NatWest loaned NBFI Amplifi Capital £250 million before it collapsed, posing risks to the wider financial system.
Kuwait Petroleum Corporation signs a $16 billion oil pipeline network lease and leaseback, the largest FDI ever.
AfDB approves a $114 million loan for Africa’s first EV battery gigafactory in Morocco.
EU fines Google $1 billion for favoring its own services in the Play app store and search results.
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.
As he carried out his pledge to reduce the federal workforce during the government shutdown, President Donald Trump on Friday blamed Democrats for his decision
Treasury Secretary Scott Bessent announced the deal on X on Thursday, saying, “Argentina faces a moment of acute illiquidity. The international community—including [the International Monetary
On Thursday, the Bank of Canada cautioned against enforcing further financial sector restrictions, instead advocating for policies that promote innovation and competition, which it claimed
On Monday, the U.S. Supreme Court declined to defend Google against a one-year-old decision that calls for a significant overhaul of its Android app store
In an all-stock deal, Fifth Third Bancorp is linking up two major regional banks by purchasing Comerica for $10.9 billion. With assets of about $288
The biggest cryptocurrency in the world by market value, Bitcoin, reached a record high on Sunday and was up about 2.7% at $125,245.57 at 0512
Echoing a warning from the European Central Bank that their failure may trigger a run on reserves, the European Union’s financial risk watchdog demanded urgent
Following a secondary equity sale intended to retain staff at the ChatGPT maker, OpenAI may now surpass Elon Musk’s SpaceX and TikTok’s parent firm, ByteDance,
Deep party differences stopped Congress and the White House from striking a financial agreement, forcing the U.S. government to shut down most of its activities
The largest leveraged buyout in history, Electronic Arts will go private in a $55 billion all-cash deal spearheaded by Silver Lake, Jared Kushner’s Affinity Partners,
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