Rivian shares jump 40% with a $5b funding commitment by Volkswagen in a JV software deal.
Volkswagen promised to spend $1 billion in the struggling electric vehicle firm immediately and up to $5 billion in total as part of a software
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African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
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.
Volkswagen promised to spend $1 billion in the struggling electric vehicle firm immediately and up to $5 billion in total as part of a software
By linking its popular corporate software, Teams, to Microsoft’s messaging and videoconferencing app, the bloc claimed that Microsoft had engaged in antitrust violations with the
Under the new digital competition regulations of the European Union, European regulators charged Apple on Monday for allegedly obstructing app developers from directing customers to
The revolution that overthrew the democratic government of Niger last year has resulted in an internal security crisis and a diplomatic spat with neighboring Benin,
Major interruptions have been occurring this week at car dealerships around North America. On Wednesday, there were two cyberattacks that targeted CDK Global, a firm
The government of Singapore stated in money laundering risk assessment report released on Thursday that the city-state’s banking industry, particularly wealth management, presents the greatest
One of OpenAI’s founders, Ilya Sutskever, who attempted unsuccessfully to remove CEO Sam Altman, said that he is launching a safety-focused artificial intelligence startup. Reputable
With its high-end processors playing a key part in a race to dominate artificial intelligence technology, Nvidia overtook computer giant Microsoft to become the most
In an attempt to counterbalance his own harsh crackdown on the southern border earlier this month, which infuriated supporters and numerous Democratic lawmakers, President Joe
Official figures released on Saturday indicated that Nigeria’s annual inflation reached a record 28-year high of 33.95% in May, exacerbating the hardships that have stoked