Category: Specialized & Regional
Specialized & Regional Networks
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SpaceX signs cloud deal with Google
June 5 : SpaceX said on Friday it has entered into a multi-year cloud service agreement with Alphabet’s Google for access to compute capacity.As part of the deal, Google will pay SpaceX $920 million per month from October this year to June 2029, with capacity ramping up through September at a reduced fee, Elo
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SpaceX IPO running at two times oversubscribed, sources say
NEW YORK, June 5 : – SpaceX has drawn investor demand that is about double the $75 billion it is seeking to raise next week in its IPO, or $150 billion, said two people familiar with the matter on Friday. An oversubscription rate of two times would be considered modest for most highly anticipated market…
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Strong US job growth beats expectations in May, firming recent gains
WASHINGTON: US job growth surged past expectations in May with the unemployment rate remaining steady, as the labour market in the world’s largest economy showed signs of firming after months of turbulence.Wall Street stocks traded lower on the news, with investors expecting a strong labou
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Google to pay SpaceX $920 million a month for compute capacity at xAI data centers
Ahead of a planned IPO, SpaceX inked a deal to rent compute capacity to Google for $920 million per month for 32 months.
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‘AI is now the leading reason companies give for cutting jobs,’ says new report—what that means for workers
Many companies are “changing how they are allocating resources” in response to AI, according to Glassdoor chief economist Daniel Zhao.
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Meta’s stock sinks on report company could raise tens of billions of dollars to fund AI push
Meta shares dropped after the Financial Times reported that company could potentially raise tens of billions of dollars in a stock offering to help its AI push.
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SpaceX is set to be a ‘seminal event’ for the stock market next week. Here’s what’s ahead
What the first of several trillion dollar companies going public will mean for a stock market that’s already at all-time highs.
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Resolute Zverev reels in Mensik to set up French Open final against Cobolli
PARIS, June 5 : Alexander Zverev moved to within touching distance of a long-coveted maiden Grand Slam title, as the German dismantled 26th seed Jakub Mensik 7-5 6-2 3‑6 6-3 on Friday to reach the final of the French Open again.The 29-year-old, who has lost three major finals, including one at Roland Garros
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Ferrari mark their intent in Monaco practice runs
MONACO, June 5 : Ferrari laid down a strong marker ahead of qualifying for the Monaco Grand Prix as Charles Leclerc and Lewis Hamilton went quickest in Friday’s two free practice sessions.After five rounds of Mercedes dominance, the return to Europe on the twisty principality street circuit has been flagged a
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Taylor to bow out in style at ‘Cathedral of Irish Sport’ in Dublin
June 5 : Katie Taylor will get her fairytale ending after all, with the Irish boxing great set to hang up her gloves at Dublin’s iconic Croke Park in what promises to be a spine-tingling finale to one of the sport’s greatest careers.The 39-year-old undisputed super-lightweight champion will face France’s Flor
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