India's biggest space-tech opportunity lies downstream, not just in launchesSpaceX's massive valuation highlights the immense potential in space technology, with Starlink and AI driving value. While India's space st...
SC directs Tripura SEC to conduct elections to village committees in single phaseThe Supreme Court has ordered the Tripura State Election Commission to hold village committee elections on September 27. This decision come...
SpaceX to acquire AI coding company Cursor for $60 billionSpaceX is set to acquire AI coding firm Anysphere, creators of Cursor, for a staggering $60 billion. This strategic move aims to bolster Sp...
US Stocks: SpaceX leveraged fund providers hit by day-one launch setback, sources sayIn light of recent developments, asset managers are now facing a delay on the introduction of leveraged SpaceX exchange-traded funds. The S...
Anthropic announces 'Claude Corps' to teach nonprofits to use AI more effectivelyAI company Anthropic is launching a new program called Claude Corps. This initiative will place 1,000 fellows with non-profit organizations...
South Korea's SK Hynix eyes US listing as soon as August, sources sayThe US Securities and Exchange Commission is likely to approve SK Hynix's American depositary receipt listing application during the week...
Netflix's Reed Hastings steps aside after nearly 30 years; Jay Hoag becomes chairmanNetflix has appointed lead independent director Jay Hoag as its new chairman, succeeding co-founder Reed Hastings. Hastings, who stepped do...
Franklin Resources' Wamco to pay $100 million SEC fine over former star manager's tradesWestern Asset Management, a unit of Franklin Resources, will pay $100 million to settle SEC charges tied to a $600 million cherry-picking s...
AI companies are barreling toward huge Wall Street debuts. A look at the biggest playersFrom Anthropic to SpaceX to OpenAI, tech giants are looking to take their shares public to access more capital in the race to shape the tec...
Vanguard marks Ola valuation down to $70 million, 99% lower from peakFunds managed by US investment giant Vanguard have slashed the fair value of ride-hailing platform Ola’s parent, ANI Technologies, to $70 m...
SpaceX, the sprawling company targeting the stars, Mars and an IPOElon Musk founded SpaceX in 2002 with the lofty goal of ferrying humans to Mars and setting up colonies on the neighboring planet. Musk, th...
Remember GoPro, the king of action cameras? The once-$11 billion giant is now fighting just to stay aliveGoPro bankruptcy risk: Once an $11 billion market cap giant, GoPro now faces an uncertain future. Its auditor raised "substantial doubt" ab...
When IPOs go wrong: SpaceX, AI firms face a delicate processAs SpaceX, Anthropic, and OpenAI eye massive IPOs, their leaders face Wall Street's scrutiny. Past market debuts offer cautionary tales, fr...
US SEC, Elon Musk defend 'compromise' settlement over Twitter purchasesMusk called the settlement a fair, adequate and reasonable resolution where "each side gave something up and each side gained something,"...
Journalists barred from Pentagon press office: States that it has been designated as a 'Sensitive Compartmented Information Facility'The Pentagon has restricted media access further. Its press office has been redesignated as a Sensitive Compartmented Information Facility....
SEC defends Musk settlement over Twitter, saying it reflects 'compromises'In a filing in the Washington, D.C. federal court, the SEC also said in a footnote that the settlement if approved will allow Musk to publi...
IBM plans $10 billion investment for large-scale quantum computer by 2029The investment will go toward R&D, capital expenditures, scaling manufacturing capabilities and acquisitions, the company known for buildi...