Reddit’s upcoming New York Stock Exchange IPO
In the world of social media, Reddit is seeking to make a splash with its upcoming initial public offering (IPO), aiming for a valuation of [more…]
Abu Dhabi National Oil Company has acquired a stake in OMV, an oil and gas group based in Austria
In a strategic move, the Abu Dhabi National Oil Company (ADNOC) has finalized the acquisition of a 24.9% stake in the Austrian oil and gas [more…]
Meta pulls plug on news deals in Australia and U.S., shifts focus to video content
In a move that surprised few, Meta, the parent company of Facebook, announced that it would cease entering into new deals with traditional news publishers [more…]
South Korea’s exports surge for fifth straight month, fueled by chip shipments
South Korea’s exports continued their upward trend in February, marking the fifth consecutive month of growth. The country’s outbound shipments totaled US$52.4 billion, a 4.8 [more…]
Huawei and ZTE lead telecom A.I. revolution at MWC Barcelona
At the Mobile World Congress (MWC) in Barcelona, Huawei unveiled its own AI model tailored specifically for the telecoms industry, called the Huawei Telecom Foundation [more…]
Germany’s Deutsche Bank gears up for legal battle against a Hong Kong property developer
In a move amidst China’s deepening property sector crisis, Deutsche Bank is reportedly preparing to launch a liquidation lawsuit against Shanghai-based developer Shimao Group in [more…]
Elon Musk sues OpenAI and CEO Sam Altman, alleging abandonment of AI’s humanity-benefiting mission
Elon Musk, the visionary entrepreneur behind Tesla, SpaceX, and Neuralink, is making headlines once again. This time, he’s taking legal action against OpenAI, the artificial [more…]
Ford powers up EV owners with Tesla supercharger access in the U.S. and Canada
In a move that could send a bolt of electricity through the electric vehicle (EV) market, Ford Motor has announced a groundbreaking partnership with Tesla [more…]
Argentina’s lithium rush, a new frontier for global investors
In the vast, rugged expanse of Argentina’s northwestern region lies a treasure coveted by the world’s energy giants: lithium. This mineral, crucial for powering the [more…]
Asian regulators open doors to tokenized securities
In a move signaling a shift towards embracing innovation, regulators in three of Asia’s biggest financial markets have expressed their welcoming stance towards tokenized securities. [more…]