Tag: million
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Vimeo owner Bending Spoons seeks $1.62 billion US IPO, sources say
NEW YORK, June 22 : Bending Spoons, an Italian technology company that acquires and revamps software businesses, is seeking to raise as much as $1.62 billion in a U.S. initial public offering, according to two people familiar with the matter, in what would be one of the largest IPOs by a European company this year
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Oil falls after US-Iran talks signal easing supply risks
BENGALURU/LONDON, June 22 : Global oil prices fell on Monday after U.S.-Iran talks concluded in Switzerland with Tehran saying it had secured waivers for oil and petrochemical exports, easing worries about a supply shortage in global markets.Brent crude was down 61 cents at $79.96 a barrel by 0815 GMT. Prices
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Women tackling coal dust and other eco wins this week
Indian women fight back against toxic coal dust, the US hits a solar milestone, and there’s good news for soil in Kenya and cars worldwide.
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Czech government causes alarm with plan to scrap license fee
The Czech government has approved a bill to put the funding of public service media under direct political control. Critics warn that if passed, the bill would put a pillar of Czech democracy at risk.
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Athletics Marathon to host 2027 race over two days
June 19 : The London Marathon will be staged over two days for the first time in its history in 2027, with elite women racing on Saturday and elite men on Sunday, organisers said on Friday.The one-off change is set to allow a record 100,000 participants to take part across the weekend, with the event…
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‘UFC Freedom 250’ on Paramount+ draws 7 million viewers in US
June 18 : Paramount Skydance said on Thursday “UFC Freedom 250,” a mixed martial arts event held at the White House, drew an average of 7 million viewers in the United States.The live event, which Paramount said was the most-watched in Paramount+ history, attracted a total of 17 million viewers across the U.S
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Spain approves €719 million AI gigafactory investment and hopes for EU funds
MADRID, June 16 : Spain has allocated €719 million ($834 million) towards building an AI gigafactory to try to reduce its dependence on foreign technology and ensure AI development complies with European regulations, the government said on Tuesday.• The investment will make the government a shareholder in
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France to invest €655 million in AI, set up common chatbot for all state services
PARIS, June 16 : French Prime Minister Sebastien Lecornu said on Tuesday the government will invest €655 million ($758.29 million) in artificial intelligence and will set up a common chatbot for all the state services.• The French government will create a public health chatbot for state-owned health insur
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India’s TCS to take $70 million hit after US Supreme Court rejects appeal
June 16 : Tata Consultancy Services will book a one-time exceptional charge of $70 million after the U.S. Supreme Court rejected its appeal in a trade secrets case, bringing its total exposure in the matter to $220 million, the firm said on Monday.Here are some more details:• The U.S. Supreme Court o
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US Supreme Court rejects Tata challenge to $168 million award in trade secrets case
WASHINGTON, June 15 : The U.S. Supreme Court turned away on Monday a bid by India-based Tata Consultancy Services to overturn a $168 million award won against it by DXC Technology for allegedly stealing trade secrets related to life-insurance software.Tata had appealed after a lower court upheld a judge’s dec
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