Nandini Roy Choudhury, writer Brief news Brazil’s Supreme Court, led by Alexandre de Moraes, imposed a final penalty of 10 million reals on X (formerly […]
Alibaba, Tencent rise as Beijing stimulus measures boost tech stocks to 13-month high
Nandini Roy Choudhury, writer Brief news Following China’s central bank’s stimulus measures, Chinese tech stocks, including Alibaba and Tencent, saw significant gains, with the Hang […]
OpenAI CFO says investors fundraising round should finish next week despite executive leaving.
Nandini Roy Choudhury, writer Brief news Sarah Friar, OpenAI’s CFO, reassured investors about the company’s strong position despite recent executive departures, including CTO Mira Murati. […]
Google’s investment arm backs a firm bringing mixed reality to automobile windshields and airline cockpits
Nandini Roy Choudhury, writer Brief news Distance Technologies has raised €10 million ($11.1 million) from GV and other investors to develop mixed-reality technology for automotive […]
Caught off guard by UniCredit’s acquisition of Commerzbank, Germany will wish to prevent national humiliation.
Sonali Ray, writer Brief news German authorities strongly oppose UniCredit’s merger attempt with Commerzbank, citing potential job losses and national embarrassment. UniCredit has increased its […]
Google files EU antitrust case against Microsoft for cloud stifling.
Anamika Dey, editor Brief news Google filed an antitrust complaint against Microsoft, alleging discriminatory licensing practices that hinder competition in the cloud computing market. The […]
Smartsheet will be bought by Blackstone and Vista Equity Partners for $8.4 billion
Anamika Dey, editor Brief news Blackstone and Vista Equity Partners are acquiring Smartsheet for approximately $8.4 billion in cash. Shareholders will receive $56.50 per share, […]
Microsoft’s GitHub lets clients store critical code in EU solely for data sovereignty
Nandini Roy Choudhury, writer Brief news GitHub is allowing corporate users to restrict software code storage to EU data centers to comply with data privacy […]
Goldman CFO holds Fed’s massive interest rate drop puts U.S. on pace for gentle landing
Anamika Dey, editor Brief news Goldman Sachs CFO believes the U.S. economy is nearing a gentle landing due to a 50 basis point interest rate […]
China stimulus appeals are rising – inside and beyond the nation.
Anamika Dey, editor Brief news Economists in China advocate for a significant increase in government bonds to invest in human capital and stimulate economic growth. […]