Chinese AI firms snap up one million Nvidia gaming GPUs
Chinese technology companies purchased more than one million Nvidia gaming and workstation graphics cards over the past year, a Financial Times report
Companies
GOOGL
Jio Platforms targets $3.2 billion in India's largest rupee IPO
Jio Platforms, the telecom giant backed by Meta and Google, will offer 270 million shares at 1,065 to 1,119 rupees each from October 21 to 23, aiming …
Companies · 27 stories
Starbucks denies Chipotle takeover talk
Starbucks shot down speculation on Monday that it was pursuing Chipotle, a combination that would have ranked as the largest restaurant acquisition on
AI Buildout Financing Emerges as Biggest Constraint
Broadcom chief executive Hock Tan and Intel chief executive Lip-Bu Tan told a Singapore conference that the AI infrastructure boom’s most binding cons
Broadcom CEO Tan calls AI investors casino gamblers
Broadcom chief executive Hock Tan told an audience in Singapore that many AI investors have no clue what they are buying and are effectively gambling
Dimon Warns Corporate Credit Squeeze Looms as Bond Yields Surge
JPMorgan Chase chief executive Jamie Dimon told Yahoo Finance that a global scramble for capital will eventually force corporate borrowers to pay sign
Dominion-NextEra hearing draws ratepayer opposition
The Virginia State Corporation Commission heard a parade of elected officials oppose the proposed Dominion Energy-NextEra Energy merger at a Fairfax C
Starbucks Denies Chipotle Takeover
Starbucks killed the week's loudest restaurant rumor on Monday, telling CNBC it is not buying Chipotle and sending the burrito chain's shares down fou
Jio Platforms IPO reveals Meta Google stakes
Reliance Industries’ digital arm Jio Platforms has set the terms for what will be India’s largest initial public offering, pricing the deal at ₹1,065
Visa Mastercard payouts reach $631 million
Merchants have collected $631.7 million from the $5.5 billion Visa and Mastercard antitrust settlement, a fraction of the total that leaves the bulk o
Amazon in Talks for $7 Billion Decart Purchase
Amazon is in discussions to acquire artificial intelligence startup Decart for roughly $7 billion, a deal that would become the company's largest acqu
Buffett's Apple Sale Leaves $112 Billion on the Table
Warren Buffett's decision to shed three-quarters of Berkshire Hathaway's Apple stake in his final nine quarters as chief executive has left the conglo
SpaceX Spectrum Deal Sinks Wireless Stocks
AT&T, T-Mobile and Verizon each lost 11 percent in Friday’s session after SpaceX disclosed it had acquired low-band spectrum from Grain Management, a
Goldman Sachs chiefs set for $500m bonus pool
Goldman Sachs is preparing to hand its top 20 executives a bonus pool worth as much as $500 million, one of the largest collective payouts in the firm
SpaceX IPO fails to lift stalled global listing market
Four months after SpaceX’s $75bn June flotation, the anticipated cascade of major listings has not materialised. Instead, a string of high-profile iss
Fitch Downgrades Skydance on Merger Leverage Concerns
Fitch Ratings cut its debt assessment on the newly combined Skydance entity Monday evening, pointing to elevated leverage and the uncertain path of me
Uber Eats Buys ezCater for $2.3 Billion
Uber Technologies agreed to acquire ezCater for $2.3 billion in cash, folding a workplace catering platform that booked more than $2.5 billion in gros
Forbion closes €2.3bn across two life sciences funds
Forbion has secured €2.3 billion across a pair of venture vehicles, handing the Dutch firm fresh dry powder at a moment when European biotech founders
Vohra's second exit hits $825 million after first deal landed him in hospital
Rahul Vohra sold his email startup Superhuman to Grammarly for $825 million, a second exit that stands in deliberate contrast to his first: the 2012 s
Anthropic IPO prospectus reveals $500bn capex plan
Anthropic's leaked IPO prospectus frames a $500 billion cloud spending plan alongside an $8 billion loss on $4.6 billion of revenue, positioning exist
SpaceX Fairing Reuse Hits 40 Flights Saving 120 Million
SpaceX has flown a single Falcon 9 fairing half 40 times, a milestone the company announced on September 20 that it says has saved $120 million in man
Gunn and Safran Retained at DC Studios After Paramount Deal
James Gunn and Peter Safran will remain at the helm of DC Studios once Paramount closes its acquisition of Warner Bros Discovery, according to people
Nike deepens restructuring as China sales crater
Nike announced a fresh round of job cuts and a reorganization into three geographic regions after projecting a high-single-digit revenue decline for f
Skydance Name Returns as Paramount WBD Merger Nears Close
Paramount and Warner Bros. Discovery will shed their corporate identities and operate under the Skydance banner when their $110 billion combination cl
Jio Platforms IPO targets October 21 open at $3.8 billion
Jio Platforms is preparing to open India's largest initial public offering on October 21, aiming to raise $3.8 billion through a fresh issue that will
Abel sells Amazon, builds $36bn Alphabet stake
Greg Abel has remade Berkshire Hathaway's $358 billion equity portfolio in his first two quarters as chief executive, liquidating 16 positions includi
Skydance brand to survive $110bn Warner Bros. merger
The $110 billion merger between Skydance-Paramount and Warner Bros. Discovery will close on October 6 under the Skydance name, David Ellison said, cap