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Nvidia invests $2 billion in CoreWeave to accelerate the construction of data centers.
Autodesk sheds 7% of its global workforce to redirect investments to AI and cloud.
Netflix’s $72 billion offer for Warner Bros. is all cash as it steps up its proposal.
Zurich Insurance offers $10 billion for the UK’s Beazley in a bid to expand in the specialty insurance market.
A UN treaty to safeguard biodiversity in the high seas comes into effect, aiming to protect 30% of the oceans by 2030.
China’s trade surplus increases by 20% to a record $1.2 trillion amid Trump’s tariffs.
Grok will geoblock sexualized images of women and children in areas where they are illegal, X says.
U.S. Bancorp expands its footprint in the capital markets with a $1 billion purchase of BTIG.
Alphabet hits a $4 trillion valuation as investors continue to bet on AI breakthroughs.
Ethiopia starts building “Africa’s biggest airport” for $12.5 billion.
Uber, a ride-hailing service, was fined 290 million euros ($324 million) by the Dutch data protection agency on Monday for allegedly sending the personal information
On Friday, the German government declared its intention to finance initiatives aimed at making the industry more climate-friendly, including subterranean carbon dioxide storage at offshore
In anticipation of a September interest rate reduction by the US Federal Reserve, investors poured $37 billion into cash-like money market funds (MMFs) in the
The Australian government has approved environmental permissions for a project worth 30 billion Australian dollars ($19 billion), which includes building a large solar farm in
The government of Ghana expects that by building a 300,000 barrel-per-day oil refinery, President Nana Akufo-Addo’s country will become the petroleum hub of the region,
AMD announced on Monday that it will pay $4.9 billion to acquire ZT Systems, a manufacturer of servers, in an effort to take on Nvidia
Social media company X declared on Saturday that it would cease operations in Brazil, citing threats from Brazilian Supreme Court Justice Alexandre de Moraes to
Revolut, a financial technology company based in Britain, announced on Friday that it has sold secondary shares to both new and current investors, valuing the
This week, Kim Dotcom, the founder of the once enormously popular file-sharing website Megaupload, lost a 12-year battle to stop his deportation from New Zealand
On Thursday, TikTok refuted claims made by the US government that the well-known social media platform is not protected by the First Amendment by drawing
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