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US banks may lose $500 billion to stablecoins within 24 months, posing a threat to financial stability.
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.
In order to prevent even more extreme weather events driven by human-caused climate change, the oil and gas industry, one of the main emitters of
The British government has realized that its current approach to attracting foreign capital is too slow and fragmented; therefore, it is granting greater authority to
Regardless of the actions taken by regulators, Britain needs a “digital alternative” to depending on Visa and Mastercard for card payments, according to research commissioned
The company behind ChatGPT was not founded to be a business, in contrast to Google, Facebook, and other internet behemoths. The founders hoped that by
In an announcement on Monday, German Chancellor Olaf Scholz stated that African nations ought to gain more from their abundance of raw resources, pledging the
Sam Altman and another OpenAI architect were snatched up by Microsoft for a new project after their abrupt exits stunned the AI community. The CEO
Thousands of excited guests descended into Hong Kong Disneyland on Monday to experience the new attractions, with some standing in line for hours to get
The goal of the G20 Compact with Africa summit, which is bringing together leaders from over a dozen African nations, is to support private investment
Due to worries that their advertisements may appear alongside pro-Nazi material and hate speech on the platform overall, advertisers are avoiding X social media, whose
Amazon.com declared on Friday that it is reducing the number of positions at its Alexa voice assistant division, citing a stronger emphasis on generative artificial
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