Binance. $6.3 billion. Biggest heist ever.
The largest cryptocurrency exchange in the world, Binance, lost $6.3 billion to hackers in a historic theft that analysts blamed on North Korea and warned
Africa’s corporate debt market is marginal in funding the continent’s ambitions, OECD says.
The OECD said on Friday that Africa’s corporate debt markets are well below the size the continent’s economy and rising financing demands call for, with
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
DoorDash to acquire Instacart in a $17 billion grocery-grab deal.
DoorDash has proposed a $17 billion acquisition of Instacart, a deal that would significantly concentrate the grocery delivery market and strengthen DoorDash’s position in that
ECB President Christine Lagarde quits 9 months early. Big blow.
Nine months before her term ends, European Central Bank President Christine Lagarde will step down. This will allow European leaders to select a replacement before
Chipmaker SK Hynix cashes in big, then hands shareholders $75 billion.
South Korea’s SK Hynix announced on Wednesday that it will return almost $75 billion to shareholders this year. The company reported a more than seven-fold
Wall Street Banks and Blackstone Pour $63B Into Anthropic’s Broadcom AI Chips.
In one of the biggest debt deals associated with the AI buildout, Bank of America, Blackstone, Citi, and Morgan Stanley will offer $63 billion in
EQT buys Range in a $13 billion deal to become the largest US natural gas producer.
In an attempt to capitalize on growing demand from LNG exports and power generation, EQT announced on Monday that it will purchase Range Resources in
SpaceX scores $40B in the Apollo war chest for AI silicon.
In a contract with a total principal payment of almost $40 billion, said a subsidiary of Apollo Global Management will on Monday purchase AI chips
Audi, hurt by tariffs, is building its first US plant for $4 billion.
The head of Audi, the German carmaker, defended the company’s proposed $4 billion investment in a new American factory on Sunday. President Donald Trump had
AI Boom: Amazon’s cloud is booked solid until 2028, CEO Jassy says.
On Friday, Amazon CEO Andy Jassy revealed that AWS has already committed most of its cloud computing capacity through 2027, with substantial bookings reaching into
Jio IPO: $77 billion in bids, a new Indian record.
Bids for billionaire Mukesh Ambani’s first initial public offering (IPO) in 20 years exceeded $77 billion on Friday, surpassing the 2008 issue of Reliance Power,
Load More
