Business
Rocket Lab reported record Q2 revenue of US$234m and a US$2.4b backlog, while CEO Peter Beck highlighted data centres in space as a growth opportunity following the company's US$8b acquisition of satellite operator Iridium.
Indian Stocks in Focus: Bank of Maharashtra Doubles Profit, NTPC-IOC Form JV
Major Indian companies including Bank of Maharashtra, HeidelbergCement, and others reported Q1 FY23 earnings with mixed results, while Reliance Jio leads 5G sp…
HighTake-Two CEO Debunks GTA 6 Physical Release Delay Rumor
Take-Two CEO Strauss Zelnick officially denied online rumors that Grand Theft Auto 6 would skip physical disc releases at launch, calling the claims unfounded.
HighUber, WeRide Launch Riyadh Robotaxi Service, Boosting Both Stocks
Uber and WeRide launched autonomous robotaxi services in Riyadh, Saudi Arabia, marking the first AV offering on Uber's platform in the Kingdom and supporting S…
HighMetaplanet Stock Faces Valuation Puzzle Amid 50% YTD Decline
Metaplanet (TSE:3350) stock shows conflicting valuation signals with a 26.8x P/S multiple appearing expensive versus analyst targets, while the stock has decli…
HighiOS 27's New Sharing Features Lack Transparency on Data Retention
Apple's iOS 27 introduces three data-sharing features—Tap to Share, Find My location sharing, and Wallet passes—but provides minimal disclosure about data rete…
HighUber's $14.8B Delivery Hero acquisition would nearly double global footprint
Uber announced a $14.8 billion acquisition of Delivery Hero, nearly doubling its global food delivery footprint and strengthening its super app strategy across…
HighApple's $1,999 foldable iPhone Duo arrives in India October 23
Apple unveiled its foldable iPhone Duo with a 7.6-inch display priced at $1,999 (Rs 2,99,900) alongside iPhone 18 Pro models, with Indian pre-orders starting S…
HighUber in Advanced Talks to Sell Self-Driving Unit ATG to Aurora
Uber is in advanced negotiations to sell its self-driving car unit (ATG) to Aurora Innovation, potentially allowing Uber to divest an expensive long-term inves…
HighCredores aprovam liquidação da Unbabel após insolvência declarada em março
A Unbabel, startup portuguesa de tradução por IA, avança para liquidação após insolvência declarada em março, com dívidas de 15,5 milhões de euros e disputa en…
HighDow invests $100M in specialty silicones to expand global manufacturing
Dow Chemical announced $100M in targeted investments through 2027 to expand specialty silicones manufacturing across the US, China, and Japan, targeting mobili…
HighTracy French, Former Centennial Bank CEO, Dies at 2026
Tracy French, former CEO and chairman of Centennial Bank, died August 2, 2026, after a 23-year career with Home BancShares and its subsidiaries.
HighTelstra CEO Brady apologises for nationwide outage, vows to prevent future crises
Telstra CEO Vicki Brady apologized for a software glitch that caused a nationwide outage affecting emergency services, transport, and payments. Investigations…
HighHong Kong bourse poised for international listing surge in second half
Hong Kong's bourse expects increased international listings in late 2026 and 2027, driven by Southeast Asian and Middle Eastern consumer goods firms seeking tr…
HighPerth startup's liquid cooling tech tackles data centre water crisis
DUG Technology, a Perth-based company, has developed immersion cooling technology that reduces data centre water usage by 25% and power consumption by 50%, add…
HighNintendo shares tumble 7% on Switch 2 price hikes and game pipeline concerns
Nintendo shares dropped 7% after announcing Switch 2 price increases and revealing a weak game pipeline, raising investor concerns about console momentum despi…
HighEuropean nations threaten FIFA World Cup boycott over Infantino private equity plan
European nations are threatening to boycott the FIFA World Cup in response to FIFA President Infantino's private equity investment plan, with opposition spread…
HighNintendo shares sink 10% on weak Switch 2 outlook and memory cost pressures
Nintendo shares fell 10% after forecasting declining Switch 2 hardware and software sales, citing rising memory chip costs and weak game pipeline momentum desp…
HighMicrosoft wins final approval for $69B Activision deal from UK regulator
Microsoft secured final regulatory approval from Britain's Competition and Markets Authority for its $69 billion acquisition of Activision Blizzard, removing t…
HighFamilies sue OpenAI over alleged failure to report mass shooter's ChatGPT use
Families of victims from a Canadian mass shooting are suing OpenAI, alleging the company failed to report violent behavior on ChatGPT that could have prevented…
HighCodelco Eyes $2B Savings Through Northern Mine Integration Plan
Chile's state copper company Codelco seeks $2 billion in combined cost savings and revenue increases by integrating three northern mines, targeting profitabili…
HighGreg Abel's $25M CEO salary dwarfs Buffett's $100K, marking shift in Berkshire pay
Berkshire Hathaway's new CEO Greg Abel will earn $25 million annually in 2026, a 19% raise that far exceeds Warren Buffett's historic $100,000 salary, reflecti…
HighReema Bhullar Named Head of People at Maker Lab
Reema Bhullar has been promoted to Head of People at Maker Lab, overseeing global talent acquisition, experience, and HR functions. The appointment follows her…
HighYum! Brands sells struggling Pizza Hut for $2.7bn to private equity and China firm
Yum! Brands is divesting Pizza Hut in a $2.7bn deal split between LongRange Capital and Yum China, ending a period of declining sales driven by intensified com…
HighRussell Investments Boosts CCCS Stake 33% as Institutional Investors Show Mixed Signals
Russell Investments Group raised its CCC Intelligent Solutions stake by 33.2% in Q1, while multiple institutional investors increased positions. Major insider…
HighJack Ma Says He's 'Very Positive' on Alibaba Despite $871M Share Sale Plan
Jack Ma's office stated he remains "very positive" on Alibaba and will hold shares despite a planned $871M family trust share sale, which the office framed as…
HighSeattle startup simulates 15,000 years of lunar weathering in four hours
Interlune, a Seattle-based company, has developed a lab process to simulate 15,000 years of solar wind weathering on lunar soil in just four hours, enabling te…
HighByron Allen Acquires Controlling Stake in BuzzFeed, Takes CEO Role
Entertainment mogul Byron Allen has agreed to acquire a controlling stake in BuzzFeed for $120 million and will assume the role of CEO, marking a significant o…
HighBrokerages Initiate Buy Calls on Meesho, Max Financial, PhysicsWallah Amid Sector Optimism
Major brokerages initiated or maintained bullish positions on Indian companies across e-commerce, insurance, fintech, and pharma sectors, citing strong growth…
HighLivermore fusion startup aims to commercialize clean energy with world's first fuel factory
Inertia Fusion Energy is converting its Livermore facility into the world's first fusion fuel factory, aiming to commercialize fusion technology for grid power…
HighNASA contracts Santa Catarina tech firm in strategic U.S. space partnership
NASA has discovered and contracted a Santa Catarina-based Brazilian aerospace company, marking a significant expansion of the U.S. space agency's international…
MediumU.S. Researchers Assess Korean Tungsten Mine as Critical Minerals Competition With China Intensifies
U.S. government researchers visited South Korea's Sangdong Mine to assess tungsten production capacity as the nation seeks to reduce reliance on China, which c…
HighFaraday Future to unveil FX roadmap and strategy shift at CES stockholders event
Faraday Future announced its annual Stockholders' Day on January 7, 2026 at CES, featuring updates on FX Super One production roadmap and new product categorie…
HighFour Major Companies Set to Report Q3 Results on Jan 31 With Mixed Growth Signals
Sun Pharma, CDSL, IDFC First Bank, and Delhivery will announce Q3 results on Jan 31 with analyst estimates showing mixed growth across revenue, profitability,…
HighLinkedIn Expert Offers 6 Strategies to Combat 'Doomjobbing' in Tight Job Market
A LinkedIn career expert provides six strategies to combat 'doomjobbing'—a reactive job search approach—and encourages job seekers to adopt more intentional, s…
MediumHouse committees probe Airbnb's use of Chinese AI model Alibaba Qwen
US House committees are investigating Airbnb and Anysphere over their use of Chinese AI models, citing national security concerns about data sharing with Beiji…
HighBHP workers set for historic 8-hour strike at Port Hedland over pay dispute
Nearly 400 unionized BHP workers at Port Hedland will strike for eight hours on July 16, marking the largest Western Australian mining action in 25 years after…
HighTCL Launches SQD-Mini LED TV in PH, Aims to Solve Mini LED's Color Blooming Problem
TCL Philippines introduced its new C7L SQD-Mini LED television, featuring advanced light control and color management technology. The launch comes as TCL maint…
HighHuawei Confirms P60 Series and Mate X3 Launch for March 23
Huawei officially announced its spring flagship event for March 23, unveiling the P60 series and new Mate X3 foldable phone. The P60 is expected to deliver cam…
HighOceanaGold proves sustainable mining can be profitable amid climate challenges
OceanaGold Philippines demonstrates that sustainable mining practices can coexist with profitability, reporting 125% profit increase while implementing robust…
MediumUK Military Eyes Vertical Aerospace's Electric Flying Taxi with £10M Grant
Vertical Aerospace secures £10m additional government funding and military interest for its electric flying taxi, targeting 2029 passenger service launch after…
HighBharti Airtel doubles down on Africa and UK expansion with $2.9B stake increase
Indian telecom giant Bharti Airtel is increasing stakes in African and British ventures, raising its Airtel Africa holding to 79% and exploring a near-30% stak…
HighMultiple Institutional Investors Boost NorthWestern Energy Stakes in Q1
Multiple institutional investors, including Cubist Systematic Strategies, increased positions in NorthWestern Energy Group during Q1, with the company maintain…
HighSamsung workers approve pay deal amid AI boom, shares surge
Samsung workers approved a wage deal including substantial bonuses tied to AI profits, averting a strike and boosting company shares. The agreement reflects gr…
HighLululemon Cuts Outlook Amid Founder Feud and Product Missteps
Lululemon trimmed its full-year financial outlook citing negative media commentary, disappointing product launches, and internal founder conflict. The guidance…
HighKorean Air finalizes $44.8B Boeing deal ahead of Asiana merger
Korean Air closed a $44.8 billion deal for 103 Boeing jets and engines with GE Aerospace and CFM International, marking its largest-ever aircraft order ahead o…
HighHSBC Q1 profit misses estimates as credit losses weigh on Europe's largest lender
Europe's largest lender HSBC reported Q1 pre-tax profit of $9.4B, missing analyst estimates due to higher expected credit losses, though revenue exceeded forec…
HighWEX Reshapes Strategy With $1B Buyback, Independent Chair, and EV Charging Push
WEX has authorized a $1B share repurchase program, appointed an independent Chair, and partnered with Electric Era for EV charging access, signaling a strategi…
HighGarlic compound S1PC shows promise for combating age-related muscle decline
A compound from aged garlic extract (S1PC) activates a cellular pathway that enhances communication between fat tissue and brain, potentially improving muscle…
MediumB.Riley Maintains Buy on Establishment Labs Despite Insider Selling
B.Riley Financial analyst Neil Chatterji reiterated a Buy rating on Establishment Labs Holdings with a $107 price target, while insider sentiment remains negat…
MediumInstagram Lets Users Disable Video in Live Streams to Challenge Clubhouse
Instagram introduces ability to disable video during live streams, allowing hosts to broadcast audio-only or with camera off. The feature aims to compete with…
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