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News Corp bought Myspace for $580 million in 2005. In 2011, Specific Media and Justin Timberlake acquired it for about $35 millionMyspace helped popularize personalized online profiles, artist promotion and social networking at a crucial stage in the development of the...- MIT researchers are giving millions of plastic bottles a new life by turning plastic waste into homes, decks and bridges using AI robotsIn a significant development, the Atlas Building Composites, a spinout of Massachusetts Institute of Technology are turning millions of pla...
- Tata Sons IPO buzz adds Rs 17,200 cr to m-cap of 5 group stocks. Who gains most?Renewed Tata Sons IPO hopes sparked a sharp rally in five Tata Group stocks, adding over Rs 17,200 crore to their combined market value in ...
- Houthis strike Saudi targets anew as talks over Strait of Hormuz stallIran-aligned Houthis launched fresh attacks on Saudi Arabia as their advances along Yemen’s Red Sea coast intensified pressure on Riyadh. G...
- Boeing Plant 2 became obsolete by 2010 after building B-17s and early 737s; demolition reused nearly 100,000 tons of crushed concrete as backfill on the Seattle siteIn Seattle, the iconic Boeing Plant 2 has been dismantled, with a remarkable recycling initiative repurposing nearly 100,000 tons of concre...
- SoftBank shares slide 13% after AI chiefs sound alarm on safetyThe company plans a ¥1 trillion ($6.5 billion) retail bond issue and a $10 billion loan linked to OpenAI shares as it finances deals such a...
- Fresh strike on vessel in Hormuz, Houthi takeover of Bab el-Mandeb Strait sees West Asia simmer as BRICS calls for peaceA vessel was struck by an unknown projectile while transiting the Strait of Hormuz. Yemen's Houthis seized a key Red Sea port and struck Sa...
- US companies get creative as tariff refunds start flowing inIn the wake of US Supreme Court's ruling against import tariffs, US businesses are reaping the rewards with refunds. They're channeling the...
- JPMorgan, Jane Street probes show India scrutinizing Wall StreetIndia’s market regulator Sebi is intensifying scrutiny of global financial firms, targeting entities linked to JPMorgan, Jane Street, Bank ...
- Iran attacks 10 ships near Strait of Hormuz in response to US strikes, oil prices surgeIran attacked ten ships near the Strait of Hormuz after the United States sank five Iranian oil tankers. This escalation caused benchmark B...
- IIFL Finance dismisses reports on Fairfax planning company exit to fund IDBI Bank dealIIFL Finance denied reports of Fairfax exiting the company. These reports suggested a stake sale to fund an IDBI Bank acquisition. Blacksto...
- Pakistan Army fight over water: Elite SSG commandos clash with soldiers from different units over tanker, 22 injured in the brawlA reported clash involving Pakistani Army personnel and intelligence officers has surfaced from Upper South Waziristan in Khyber Pakhtunkhw...
- Global Market Today: Asian chip stocks rise, oil climbs towards $100Asian chip stocks experienced a remarkable uptick, fueled by lingering investor enthusiasm for artificial intelligence technologies. As Mid...
- IPO pile-up swells to Rs 4.67 lakh crore: Will money move from Sensex, Nifty to primary markets?India's primary market is gearing up for a significant evolution, marked by a thriving IPO pipeline. With a stunning Rs 4.67 lakh crore poi...
- Global Market Today: Asian stocks open higher, oil rises after attacksAsian stock markets saw gains thanks to a rise in US technology stocks on Friday. Oil prices also increased following tanker attacks betwee...
- Iran to tackle economic issues, says further attacks will be 'more painful'In response to severe US sanctions, Iran aims to implement economic reforms alongside bolstering its military capabilities. After a short l...
- Anthropic finalising $15 billion pre-IPO credit facilityIn a strategic financial maneuver, Anthropic is set to extend its credit facility to an impressive fifteen billion dollars, with Morgan Sta...
- Hero MotoCorp shares fall over 4% as August exports, motorcycle dispatches declineHero MotoCorp shares fell after August dispatch data showed year-on-year declines in motorcycle and export volumes, despite strong scooter ...
- ONGC to invest Rs 1 lakh crore for deepwater exploration, says chairmanOil and Natural Gas Corporation plans a significant investment over five years. The company will explore local deepwater and ultradeep wate...
- Rupert Murdoch may revive longstanding plan to reunite Fox and News CorpThe documents showed that in 2022, Murdoch, then chairman of both Fox and News Corp, became interested in recombining the companies less th...
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