Business
SoftBank’s Chip Designer Arm Targets Record $52 Billion IPO
SoftBank’s chip designer, Arm, is gearing up for a monumental initial public offering (IPO), with aspirations of achieving a valuation surpassing $52 billion. In a...
Mercedes-Benz Concept Vehicles Challenge Tesla
Mercedes-Benz has unveiled four cutting-edge “close-to-production” concept vehicles under the Concept CLA Class banner. These innovative electric cars include a sedan, a station wagon, and...
DeepRoute.ai – Robotaxi Startup Set to Expand into Germany
In a groundbreaking move to further its reach in the autonomous driving industry, DeepRoute.ai, a prominent robotaxi startup headquartered in Shenzhen, has unveiled plans to...
Amgen and Horizon Therapeutics Merger Approved by FTC
The US Federal Trade Commission (FTC) has granted approval for a monumental $27.8 billion acquisition of Horizon Therapeutics by Amgen, allaying concerns about potential market...
Disney Stock Dips 2.6% as Charter Spectrum Feud Escalates
Disney (DIS) stock saw a sharp decline, dropping as much as 2.6%, following the company’s decision to pull its owned and operated channels from Charter...
Robinhood Buys Back Emergent Fidelity Shares for $605.7M
Robinhood, the popular online brokerage platform, announced on Friday that it had reached a significant share repurchase agreement with the United States Marshal Service (USMS)...
JCPenney Reinvents Itself with $1 Billion Investment
In a strategic move aimed at revitalizing its 121-year-old department store chain, JCPenney has announced a substantial investment of over $1 billion. The company’s CEO,...
Innovation Alert: Apple Eyes 3D Printing for Smartwatch Chassis
Apple is reportedly delving into the realm of 3D printing technology to revolutionize its manufacturing processes, with an aim to produce the steel chassis for...
X to Join Voice and Video Call Arena, Revamps Privacy Rules
In a significant development, Elon Musk, CEO of the social network X, which was previously known as Twitter, revealed on Thursday plans to roll out...
Salesforce Redefines CRM Landscape with $50B Acquisitions
Salesforce (NYSE: CRM), the leading AI-powered Customer Relationship Management (CRM) platform, is charting its course forward after a series of substantial acquisitions between 2018 and...
