Tag: million
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Nvidia, Apple each gave $25 million for Trump’s ballroom, Washington Post reports
WASHINGTON, Oct 15 : Nvidia and Apple each committed $25 million for US President Donald Trump’s planned White House ballroom, according to a Washington Post report on Thursday that showed $333 million in private donations for the project.The Adelson family, longtime financial supporters of Trump and his Repu
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ATP eyes $350 million player compensation, welfare boost by 2028
BENGALURU, Oct 15 : The ATP outlined plans on Thursday to substantially boost its bonus pool and reshape its rankings and calendar from 2028 under a package projected to lift player compensation to $350 million while seeking to ease growing concerns over player workload.The men’s and women’s tours have faced
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TomTom shares fall as revenue miss outweighs higher margin forecast
Oct 15 : Dutch location data company TomTom posted lower-than-expected quarterly revenue on Thursday, sending its shares down 5 per cent despite a raised profitability forecast and a restructuring plan involving 200 job cuts.Third quarter revenue fell to €128.9 million ($144.6 million) missing the €131 mi
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TomTom to cut 200 jobs in reorganisation, targets €21 million in savings
Oct 15 : Dutch digital mapping specialist TomTom NV said on Thursday it would cut 200 jobs globally as part of a reorganisation expected to generate annualised savings of about €21 million ($23.6 million).The company, which has been investing lately in its new mapping platform, TomTom Orbis, is gradually sh
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Why Trump’s Russia diesel deal is unlikely to lower global fuel prices
As the world’s largest diesel exporter, the US benefits from high prices. At home, however, consumers are feeling the strain of rising living costs. Why Donald Trump’s deal with Russia is unlikely to change that.
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Nvidia pledges $250 million to UK AI safety research
LONDON, Oct 14 : US chipmaker Nvidia has pledged $250 million worth of computing resources to Britain over five years, to fund AI security research, bolstering the country’s ambitions to become a global centre for AI governance and security.While Britain is not home to any major AI developers, it is seeking a
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Nvidia pledges $250 million to boost UK AI safety research
Oct 14 : US-chipmaker Nvidia said on Wednesday it would donate computing resources valued at $250 million over five years to support agentic AI safety and security research in the United Kingdom.The commitment provides $50 million in compute access annually, with a portion going to Oxford-led lab BOLD, UCL-le
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BetMGM Q3 revenue rises, maintains annual outlook
Oct 13 : US online gambling operator BetMGM on Tuesday reported a 7 per cent rise in third-quarter revenue, driven by strong betting during the World Cup and a revamped sportsbook ahead of the NFL season. • Shares of Ladbrokes-owner Entain rose 4 per cent after the update from BetMGM, a joint venture betw
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Character.AI files for bankruptcy, agrees to sell some assets for $20 million
Oct 12 : Character.AI said on Monday it had filed for Chapter 11 bankruptcy in the US and agreed to sell some of its assets to Walt Disney for $20 million.Here are some details about the bankruptcy and sale proceedings:• Character.AI said it has begun the formal process to sell assets, including a l
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Nobel Prize in Economics goes to pair of US economists
The pair got the Nobel for developing economic models that help governments and central banks respond more effectively to booms and recessions.
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