Technology

Anthropic Nears $15 Billion Pre-IPO Loan, Taps Morgan Stanley for Listing

Anthropic is close to finalizing a $15 billion pre-IPO credit facility and nearing selection of Morgan Stanley and Goldman Sachs for a listing eyed for mid

Ryanair Warns European Air Fares Will Rise as Jet Fuel Hits $140

Ryanair cut its annual passenger target to 214 million on Wednesday and warned European air fares will rise if jet fuel stays near $140 a barrel.

US Envoys Witkoff and Kushner Arrive in Moscow for Ukraine Peace Push

US envoys Steve Witkoff and Jared Kushner arrived in Moscow on September 5 for Ukraine peace talks as Russian attacks killed at least five people.

American Airlines Adds Flagship Suites to Boeing 777 Jets for Long-Haul Flights

American Airlines is installing its Flagship Suite premium cabins on its largest Boeing 777 jets, targeting its busiest long-haul international routes.

Trump Floats Renaming Strait of Hormuz ‘Trump Strait’ as Oil Record Hits 17 Million Barrels

President Trump suggested renaming the contested Strait of Hormuz the 'Trump Strait' as oil transit hit a wartime record of 17 million barrels on Monday.

Tech Stocks Soar $837 Billion After U.S.-China Tariff Pause

The so-called "Magnificent 7" group of major tech stocks saw a dramatic surge in market value, adding a combined $837.5 billion on Monday following...

UK Artists Oppose AI Copyright Reforms, Demand Stronger Protections

A group of prominent British musicians, including Elton John and Dua Lipa, are urging the U.K. government to reconsider its approach to copyright laws...

KindlyMD Merges with Nakamoto Holdings in $710M Crypto Deal

Shares of KindlyMD soared by 250% on Monday following the announcement of its merger with Nakamoto Holdings, a bitcoin investment company founded by David...

Trump Sons’ Bitcoin Mining Company Set to Go Public via Merger

A bitcoin mining company backed by President Donald Trump's sons, Eric Trump and Donald Trump Jr., is set to go public on the Nasdaq...

Trump Talks to Tim Cook as U.S. and China Suspend Tariffs

President Donald Trump shared that he had spoken with Apple CEO Tim Cook following the announcement that the U.S. and China had agreed to...

Perplexity AI in Talks for $500 Million Raise at $14 Billion Valuation

Perplexity AI is in advanced discussions to raise $500 million in funding, with a valuation of $14 billion. Accel, a venture capital firm based...

Coinbase Joins S&P 500, Replacing Discover Financial Services

Coinbase is set to join the S&P 500, replacing Discover Financial Services, as announced on Monday. The change will take effect before the market...

Samsung Galaxy S25 Edge: A Thin, High-End Smartphone to Compete in 2025

On Tuesday, Samsung unveiled its latest high-end device, the Galaxy S25 Edge, a remarkably slim smartphone measuring just 5.8 millimeters in thickness and weighing...

Fintech Firms Face Challenges as Interest Rates Decline

In 2022, financial technology (fintech) firms were among the hardest hit by rising interest rates from global central banks, leading to a decline in...

SoftBank Vision Fund Reports Loss Amid Declining Tech Investments

SoftBank's Vision Fund posted a loss for the fiscal year ending in March, marking a slowdown in the performance of its massive tech investment...

Dubai Partners with Crypto.com to Enable Cryptocurrency Payments for Government Fees

Dubai’s Department of Finance has entered into a strategic partnership with Crypto.com, allowing government service fees to be paid using cryptocurrencies. The agreement, signed...

Lyft Surges 28% After Strong Results and Boosted Share Buyback Plan

Lyft's stock surged 28% following the release of better-than-expected results for the first quarter, marking its best day since February 2024. The ride-sharing company...

Digital Advertising Sector Thrives Amid Economic Concerns

The digital advertising market had a strong performance this past quarter, providing a potential final surge before a challenging economic climate, driven by President...

Bitcoin Surges Past $100,000 Amid Strong Week for Ether

Cryptocurrencies extended their gains to close the week with bitcoin maintaining a steady position above the $100,000 mark, while ether experienced its most significant...

- A word from our sponsors -

spot_img

Follow us

HomeBusinessTechnology