AMD will acquire server manufacturer ZT Systems for $4.9b in a bid for AI to tackle Nvidia.
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
IMF warns Nigeria that $5 billion swap deal with the UAE lender is opaque and complex.
Nigeria plans to borrow up to $5 billion through a derivatives arrangement with First Abu Dhabi Bank, but the IMF issued a warning on Tuesday
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
Elon Musk’s X closes operations in Brazil over free speech censorship orders by court.
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 joins big European banks with 45m customers globally and a $45b valuation after the share sale.
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
US biggest criminal copyright fraud in history, Kim Dotcom loses 12-year battle.
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
TikTok fights forced sale or ban by affirming the status of foreign-owned American news outlets.
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
Google expands AI-generated answers in search queries to six new countries after troubled debut.
Two months after rolling back some features after a troubled debut, Google parent Alphabet announced on Thursday that it was extending its AI-generated summaries for
Putin is in a dilemma as Ukraine reins missiles while advancing deeper into Russia.
President Vladimir Putin is facing a dilemma, according to U.S. President Joe Biden, after Ukraine said on Wednesday that its soldiers had advanced farther into
US SEC sues crypto start-up firm over alleged $1b global pyramid scheme fraud.
The cryptocurrency startup NovaTech and its married co-founders were sued by the U.S. Securities and Exchange Commission on Monday. According to the commission, the pair
Chevron’s $5.7b Anchor project achieves industry first in ultra-high pressure oil field.
The energy giant Chevron announced on Monday that it had made technological history by producing the first oil from a U.S. Gulf of Mexico field
Tesla’s Cybertruck emerges bestseller with 1m reservations, stops taking orders for the cheapest version.
Tesla’s website indicated that it is no longer accepting orders for the $61,000 base model of its Cybertruck, but that the $100,000 model is still
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