OpenAI at $500 billion becomes the most valuable startup in the world.
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,
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 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
U.S. government shuts down putting 750,000 jobs at risk and airports to close.
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
Electronic Arts’ $55 billion deal is the largest public company buyout ever.
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,
China’s new K visa attracts global tech talent as the U.S. hikes H-1B visa fee.
This week marks the launch of China’s new visa program designed to attract foreign IT talent. The move is seen as helping Beijing in its
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South Korea defies Trump’s US$350 billion tariff deal amid concerns over financial meltdown.
Seoul’s presidential adviser said on Saturday that South Korea is seeking for an alternative solution because it cannot afford to pay $350 billion in upfront
Trump imposes steep US tariffs on furniture, drugs, and heavy trucks, citing national security.
Following a period of relative peace, U.S. President Donald Trump on Thursday announced sweeping new import tariffs, including 25% levies on heavy-duty vehicles and 100%
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
Global debt reaches a record $338 trillion, driven by the waning value of the dollar. -IIF
A quarterly study released Thursday revealed that the world’s debt reached a new high of $337.7 trillion at the end of the second quarter, driven
AI joins list of big and complex global challenges for UN’s annual high-level meeting.
At this week’s annual high-level United Nations meeting, world leaders and diplomats will address several significant and intricate global issues, including artificial intelligence. ChatGPT’s introduction
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