Business

Huawei’s New AI Chip Gains Traction with ByteDance and Alibaba Amidst Nvidia Restrictions

Huawei's new Ascend 950PR AI chip is gaining significant orders from ByteDance and Alibaba, challenging Nvidia's market share amidst U.S. export restrictions.
Business Khaled Ayoub -

Huawei’s New AI Chip Gains Traction with ByteDance and Alibaba Amidst Nvidia Restrictions

Huawei's new Ascend 950PR AI chip is gaining significant orders from ByteDance and Alibaba, challenging Nvidia's market share amidst U.S. export restrictions.
Business Khaled Ayoub -

India and Russia Deepen Energy Alliance Amidst Global Tensions

India and Russia are strengthening energy ties, increasing crude oil and LNG imports from Russia amidst Middle East tensions and US pressure.
Asia Aarav Shen -

President Trump’s Signature to Adorn U.S. Currency in Historic First

President Trump's signature will appear on U.S. currency for the first time, a move by the Treasury Department to honor the nation's 250th anniversary and the president's achievements.
America Aarav Shen -

China Launches Trade Probes Against U.S. Ahead of Trump-Xi Summit

China retaliates against U.S. trade probes with its own investigations ahead of an anticipated Trump-Xi summit, escalating economic tensions.
China Aarav Shen -
Latest

Global Uncertainties Prompt HKMA and Fed to Hold Rates Steady

The Hong Kong Monetary Authority (HKMA) has mirrored the US Federal Reserve's decision to maintain its base interest rate, citing significant global uncertainties, particularly...

SEALSQ Secures $125 Million in Direct Offering to Fuel Post-Quantum Technology Expansion

SEALSQ Corp. announces a $125 million registered direct offering to accelerate its post-quantum and quantum technology commercialization in the U.S. and Europe.

Warner Bros. Sets Oscar Night Record as Paramount Mega-Merger Looms

Warner Bros. Discovery celebrates a record-matching 11 Oscar wins for films like 'One Battle After Another' and 'Sinners', all while facing major merger talks with Paramount that could reshape its future.

Public Storage Strikes $10.5 Billion Deal to Acquire National Storage Affiliates

Public Storage announces a $10.5 billion all-stock acquisition of National Storage Affiliates, expanding its self-storage portfolio and market reach.

Canfor Corporation Completes Full Acquisition of Canfor Pulp, Taking it Private

Canfor Corporation has completed its acquisition of Canfor Pulp, taking the subsidiary private and delisting its shares from the TSX. Learn more about the transaction details and implications.

IBM Bets Big on AI: Acquires Confluent for $11 Billion Amid Race for Real-Time Data

IBM has acquired Confluent for $11 billion to strengthen its AI and cloud offerings, enabling real-time data streaming across enterprise environments. The deal integrates Confluent’s Apache Kafka platform with IBM, accelerating AI-driven business transformation.

Alcon and LENSAR Terminate Merger Deal Amidst FTC Opposition

Alcon and LENSAR terminate their merger agreement due to FTC opposition and prolonged regulatory review, impacting both companies' strategic plans.

Merlin Labs Secures Over $200M in Funding Following SPAC Merger with Inflection Point Acquisition Corp. IV

Merlin Labs Secures Over $200M in Funding Following SPAC Merger with Inflection Point Acquisition Corp. IV

Amplifon Acquires GN Hearing for $2.6 Billion, Forging Global Audiology Leader

Amplifon announces $2.6 billion acquisition of GN Hearing, creating a global audiology leader and reshaping the hearing care market. Learn about the deal's financial and strategic implications.

Bank of England Holds Rates Steady in the Face of Global Uncertainty and Inflation Worries

The Bank of England has held its interest rate at 3.75% amid geopolitical instability and hopes for easing inflation. Economists forecast cuts later in 2026 as policymakers weigh persistent risks and mixed economic signals.

Local Bounti Boosts Financial Flexibility with $15 Million Convertible Note and Key Credit Amendments

Local Bounti has raised $15 million via a convertible note and amended its credit facility, enhancing liquidity and financial flexibility to support growth efforts. Read more about the deal's terms, strategic impact, and what investors need to watch next.

Guardforce AI Bolsters AI Capabilities with Strategic Acquisition of MGAI

Guardforce AI completes the acquisition of MGAI, expanding its AI platform into speech therapy and rehabilitation, targeting significant revenue growth in the Asian healthcare market.

WELLSTAR Fuels Expansion with Strategic Acquisitions and $62M Financing

WELLSTAR Technologies expands its medical billing platform with acquisitions in Ontario and Quebec and secures $62 million in financing to fuel its growth strategy and upcoming spin-out.

Signing Day Sports Merges with BlockchAIn, Set for NYSE Debut as ‘AIB’

Signing Day Sports completes business combination with BlockchAIn, forming BlockchAIn Inc. The new entity will trade on NYSE American as 'AIB' starting March 17, 2026, focusing on AI and HPC infrastructure.

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