Brief news Chinese AI businesses are moving to Singapore due to geopolitical concerns and easier access to global investors and clients. Singapore-based companies like Wu […]
Author: techsunnews.com
Meta charged of violating EU competition laws for ad-supported subscription service
Brief news EU officials have stated that Meta, the parent company of Facebook, has not followed the bloc’s trade rules regarding its new ad-supported social […]
Crashed bitcoin exchange Mt. Gox will sell $9 billion in bitcoin
Brief news Mt. Gox, a Tokyo-based bitcoin exchange, is set to repay nearly $9 billion worth of tokens to thousands of users after a major […]
Brief news Google has partnered with BlackRock to build a 1 gigawatt solar capacity pipeline in Taiwan, aiming to increase energy capacity and reduce carbon […]
Boeing pays $4.7 billion acquire Spirit AeroSystems fuselage builder
Brief news Boeing has announced an all-stock deal to acquire Spirit AeroSystems, a struggling fuselage builder, to improve safety and quality control. The acquisition is […]
USA prosecutors see Boeing, crash victims before charging decision
Brief news Boeing is facing a deadline of July 7th for the Justice Department to decide whether to charge the planemaker criminally. Boeing’s attorneys and […]
Government debt warning from BIS before crucial elections
Brief news The Bank for International Settlements (BIS) has warned about potential turmoil in global financial markets due to high public debt and significant elections […]
Bitcoin windfall for Mt. Gox creditors after decade-long wait and 10,000% price surge
Brief news Mt. Gox, the Japanese bitcoin exchange that went bankrupt following a data breach a decade ago, is now repaying creditors who are being […]
China regulates rare earths to safeguard indigenous supplies
Brief news China’s Rare Earth Restrictions for National Security • China has issued rare earth restrictions restricting mining, smelting, and trading of these vital elements. […]
SoftBank shares soar on $1.86 billion debt issuance as CEO praises ‘super’ AI
Brief news SoftBank Issues Bonds to Reduce Debt and Focus on AI Investments • SoftBank plans to issue bonds in euros and dollars to reduce […]