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Microsoft signs $9.7 billion contract with IREN for Nvidia chipsData center owner and operator IREN said on Monday it has signed a nearly $9.7 billion cloud services contract with Microsoft to provide th...- U.S. electric vehicle maker Fisker files for bankruptcyThe bankruptcy filing by U.S. electric vehicle maker Fisker comes after failed deal talks with a major automaker, resulting in the company ...
- Mastercard Q1 Results: Profit beats St expectations as consumer spending defies inflation worriesMastercard's Q1 profit exceeded expectations with solid results driven by consumer spending. Asia Pacific travel trends and cross-border sp...
- Bumble shares drop 7% as founder Wolfe Herd to relinquish CEO roleIn the recent years, Bumble, which counts Friends, Badoo, Fruitz (for Gen Z) and Official in its portfolio of dating services, has faced pr...
- Citigroup considering at least 10% job cuts in major businesses, says CNBCCitigroup's managers and consultants have reportedly discussed potential job cuts of at least 10% in several major business segments as par...
- Meta's Instagram, Facebook to charge EU users for ad-free serviceMeta Platforms, the parent company of Instagram and Facebook, is considering introducing ad-free subscription plans for users in Europe. Th...
- Instacart raises IPO price range after robust Arm debutTraditional U.S. IPOs have raked in more than $5 billion so far in September, according to data from Dealogic, already the second biggest m...
- SoftBank's Arm launches IPO courting T Rowe in $52 billion valuation askArm disclosed the proposed range would value it at between $48 billion and $52 billion. It also revealed that it could issue some shares as...
- Once worth $47 billion, WeWork shares near zero after bankruptcy warningThe SoftBank-backed company has been in turmoil ever since its plans to go public in 2019 imploded after investors recoiled at its hefty lo...
- Coinbase revenue beat estimates, executives expect to win battle with SECThe company and its rival Binance were sued by the U.S. Securities and Exchange Commission in June. It alleged that Coinbase traded at leas...
- Coinbase buys digital asset firm One River Digital in growth pushThe company did not disclose the financial details of the deal, in which ORDAM will become Coinbase Asset Management and operate as a fully...
- Oil prices edge higher; growth worries limit gainsAlso, price caps on Russian products took effect on Sunday, with Group of Seven (G7) nations, the European Union and Australia agreeing on ...
- Italy bans US-based AI chatbot Replika from using personal dataReplika breaches European Privacy Regulations and processes personal data unlawfully as it cannot be based, even implicitly, on a contract ...
- Asian bonds receive biggest foreign money in 9 months in NovemberOverseas investors bought $6.6 billion worth of bonds in India, Indonesia, Malaysia, South Korea and Thailand after withdrawing a net $3.2 ...
- Elon Musk pledges more equity to fund Twitter deal, scraps margin loanThe disclosure made in a regulatory filing on Wednesday signaled Musk is working to complete the deal even though he had last week linked i...
- Musk's $44-billion Twitter deal at risk of being repriced lower - Hindenburg"Musk holds all the cards here," Hindenburg, which has a short position on Twitter, said in a report. "If Elon Musk's bid for Twitter disap...
- AstraZeneca, Pfizer vaccines effective against Delta COVID-19 variants: StudyThe study by Oxford university investigated the ability of monoclonal antibodies in Sera from recovered people and from vaccinated people t...
- European stocks jump as carmakers, HelloFresh rallyThe pan-European STOXX 600 index rose 1.2% by 0716 GMT, led again by a rally in growth-sensitive cyclical sectors like travel and leisure, ...
- HPCL delays $3 billion Vizag refinery expansion: SourceState-run refiner Hindustan Petroleum Corp Ltd had initially planned to complete the 209.28 billion rupee ($2.77 billion) expansion, which ...
- Tata Steel Europe to cut 1,250 jobs in turnaround pushBesides the job cuts, which would be less than half of what the company had announced last year, Tata Steel said it will not replace employ...
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